You know those sleazebag companies that sell their products to two opposing sides in a war–just to make a buck? Here’s a new twist on it. How about a sleazebag with a lot of money to invest who funds anti-fossil fuel groups (by paying protesters to destabilize our country), and at the same time invests money in the very fossil fuel companies whose projects the protesters are protesting? Such a loathsome creature has a name: George Soros… Read More “George Soros Funds Big Green Protests AND Invests in Cos. Protested”
Atlantic Sunrise Pipeline map – click for larger version
Friday saw a flurry of activity at the Federal Energy Regulatory Commission (FERC)–the federal agency in charge of evaluating and authorizing interstate pipeline projects. Today is FERC-day on MDN, because there was so much news from Friday! Perhaps the most important news coming out of a list of approvals was FERC’s final blessing on Williams’ $3 billion Atlantic Sunrise Pipeline project–a 198-mile pipeline project running through 10 Pennsylvania counties to connect Marcellus Shale natural gas from PA with the Williams’ Transco pipeline in southern Lancaster County. In addition to the pipeline, two new compressor stations will get built, and when the whole thing is done, an extra 1.7 billion cubic feet per day of northeast PA Marcellus Shale gas (from Cabot Oil & Gas and Seneca Resources) will flow south. On Friday, FERC issued a final certificate for the project, allowing Williams to build it. We can’t wait until Williams goes through and knocks down the magic tree house built by environmental wackos in an attempt to stop the project (see PA Antis Build 2nd Magic Tree House to Stop Atlantic Sunrise Pipe). That’ll make for some great headlines when it happens. However, Williams isn’t starting up the bulldozers just yet. Before they can begin, Williams still needs permits from the PA Department of Environmental Protection (DEP) and the U.S. Army Corps of Engineers. However, permits from PA & the Army Corps is perfunctory. It’s now over. The antis have lost and the good guys have finally scored a victory! Construction will begin on the main portion of the pipeline in mid-2017… Read More “Atlantic Sunrise Pipeline Gets Final Approval by FERC”
Perhaps the second most important (some might argue first in importance) pipeline to be approved by the Federal Energy Regulatory Commission (FERC) last Friday is Energy Transfer’s Rover Pipeline project. Rover is a $3.7 billion, 711-mile Marcellus/Utica natural gas pipeline that will run from PA, WV and eastern OH through OH into Michigan and eventually into Canada. Energy Transfer says with certificate in hand, they will have Phase 1 of the project done by July of this year, and Phase 2 by November of this year. Does that mean the bulldozers are already moving? Not just yet. The first thing to happen is tree clearing, which must be done by March 31 (you can be sure the chainsaws are already going this morning). Then FERC staff will check on things. There is still the outstanding issue that ET knocked down a historic house without permission (see Rover Pipeline in Hot Water Over Demolishing Historic House in OH). FERC is still sore over that one and withholding permission to begin the bulldozers until they decide on just how expensive the punishment will be. But the good news is that FERC has signed off, and the project will now get done–this year. Which drillers reserved capacity on Rover? Antero Resources, Eclipse Resources, EQT, Gulfport Energy, Rice Energy, Range Resources and Southwestern Energy… Read More “ET Rover Pipeline Gets Final Approval by FERC”
In January, the Federal Energy Regulatory Commission (FERC) voted to approve and issue a certificate to Columbia Pipeine’s Leach XPress and Rayne XPress pipeline projects (see FERC Approves $1.8B Leach & Rayne XPress Pipeline Projects). The two projects work hand in glove to move Marcellus/Utica gas all the way to the Gulf Coast (see Columbia Gas: $1.75B for 2 Projects to Send Marcellus Gas to Gulf). You might think (as we did) that when FERC granted the final certificate, that would be the end of the story. Start the bulldozers, begin building! But no, such is not the way it works in bureaucrat-land. It seems FERC also needed to issue a “Mother May I?” certificate to begin construction, which they did on Friday (amidst a flurry of other certificates issued)… Read More “Rayne Xpress Gets FERC Approval to Begin Construction in KY”
NFG’s Northern Access 2016 Pipeline map – click for larger version
National Fuel Gas Company (NFG), the Buffalo-based utility giant with both a drilling subsidiary (Seneca Resources) and a midstream/pipeline subsidiary (Empire Pipeline) filed an application with the Federal Energy Regulatory Commission (FERC) in March 2015 for a pipeline project they call Northern Access 2016 (later renamed to simply Northern Access Project, dropping the “2016” part). The $455 million project includes building 97 miles of new pipeline along a power line corridor from northwestern Pennsylvania up to Erie County, NY. The project also calls for 3 miles of new pipeline further up, in Niagara County, along with a new compressor station in the Town of Pendleton (see NFG’s Marcellus Pipeline from NWPA to NY Hits Resistence). In July 2016, FERC issued a favorable Environmental Assessment, paving the path for full approval (see NFG’s Northern Access Pipeline Gets Favorable FERC Review). NFG had hoped to have the project done and in-service by November of this year. However, due to foot-dragging by FERC, NFG recently announced the project would get delayed (see FERC Delay Pushes Back NFG’s Northern Access Pipeline Project). Perhaps that announcement was premature? On Friday, FERC approved the project and granted NFG their certificate to build it, although NFG is still saying the new/delayed schedule is the schedule they will stick to in building it… Read More “NFG’s Northern Access Pipe in NY/PA Gets FERC Approval”
In October 2015, Kinder Morgan’s Tennessee Gas Pipeline (TGP) filed their official, full application with the Federal Energy Regulatory Commission (FERC) seeking approval for their Orion Project (see Tennessee Gas Pipeline Files PA Orion Project with FERC). The project will cost $143 million and construct 13 miles of “looping” pipeline in Pike and Wayne counties, Pennsylvania. The project will boost capacity on the TGP by another 135 million cubic feet per day (MMcf/d), allowing TGP to pump more Marcellus Shale gas to Mid-Atlantic and New England states. According to the original plan, the TGP Orion upgrade will be complete and in-service by June 2018. TGP told FERC if they didn’t get an approval by Jan. 31, all bets are off on the timing for building the project (see Kinder Morgan Asks FERC to Approve Orion Pipe Project by Jan 31). It was Feb. 3 and not Jan. 31, but we’re betting the project will now get done on time–because FERC granted the necessary certificate on Friday… Read More “TGP Orion Project in NEPA Gets Final Approval by FERC”
Looks to us like Donald Trump’s faith in Federal Energy Regulatory Commission (FERC) Commissioner Cheryl LaFleur was well-placed. As we previously noted, Trump has put LaFluer in charge of the agency as Chairman, which caused the existing Chairman of FERC, Norm Bay, to resign in a huff (see FERC Commissioner Resigns Threatening Major M-U Pipeline Projects). LaFleur has been a FERC Commissioner since 2010 and was, at one time, the Chairman. Norm Bay was elevated by then-President Obama to become chairman, knocking LaFluer out of that role. Did she quit in a huff? No. She’s an adult. (By the way, both LaFleur and Bay are Democrats, so this isn’t a party thing.) When the shoe was on the other foot, Norm decided to take his marbles and go home, potentially damaging a bevy of important pipeline projects. With only two Commissioners left out of five slots, there isn’t a quorum and votes cannot be taken–until Trump gets new nominees approved. LaFleur has gotten more done in the past week that she’s been in charge than Bay got done over the past year–at least with respect to approving Marcellus/Utica projects (witness five key projects receiving approvals last Thursday/Friday that we’ve written about today). In one of the decisions issued by FERC last Friday, Bay got a final dig in on the Marcellus/Utica region by calling on FERC to exceed its constitutional authority and “analyze the environmental effects of increased regional gas production from the Marcellus and Utica” shale regions. Apparently Bay thinks there may be too many pipelines getting built, and he’s worried about man-made global warming, among other lefty things… Read More “FERC Commissioner Norm Bay Targets M-U on Way Out the Door”
In December the Bureau of Land Management proceeded with an online auction for BLM-controlled land in Ohio’s Wayne National Forest (see 10-Yr Wait is Over, BLM Auctions Wayne Natl Forest Leases Today). The BLM plan was to auction 33 parcels totaling 1,600 acres. As it turns out, only 17 parcels totally 719 acres actually got auctioned (see BLM Auction Leases 17 Parcels, 719 Acres in OH Wayne Natl Forest). At the last minute the BLM withdrew 881 acres (16 parcels) because there were remaining issues with ownership title of the mineral rights. The 719 acres was all leased by noon and brought bids ranging from $2,000 to $5,000 per acre–a laughably small (but important) amount of acreage because it will allow drilling units to be formed with nearby private acreage. The BLM recently announced they will hold another auction in March (see BLM Leasing Another 1,186 Acres in Wayne Natl Forest on March 23). Progress! We suppose it’s not surprising that four radical environmental organizations–on the far outreaches of the environmental movement–have just issued a notice to announce they are suing to stop any drilling in WNF. Which four groups?… Read More “Radical Enviro Groups Suing to Block Wayne Natl Forest Drilling”
We caught sight of an interesting new study just published in the journal BMC Microbiology by researchers at the University of Arkansas/Fayetteville. Researchers studied (did in the field studies) of streams both near and far from fracking activities in the Arkansas Fayetteville Shale. No, the research is not directly about the Marcellus/Utica, although our shale plays are mentioned several times in the study. However, the research and its results apply to our region as well as all shale plays. In the study just published titled, “Do biofilm communities respond to the chemical signatures of fracking? A test involving streams in North-central Arkansas” (full copy below), researchers looked to see if the chemistry of streams was altered by nearby fracking activity. They evaluated “benthic biofilm community composition as a proxy for stream chemistry” to see if bacteria and other tiny critters that show up under a microscope display differences between the streams near fracking, and those not near fracking activity. What did they find? No difference. No change. No impacts from fracking on streams and the microbiology of those streams. What they did find is that streams are affected by agriculture and urbanization… Read More “New Arkansas Study Finds Fracking Does NOT Affect Streams”
According to rumors floating around the Pennsylvania environmental wacko movement, today is the day the Pennsylvania Dept. of Environmental Protection (DEP) will issue the final permits needed by Sunoco Logistic Partners to begin construction of the Mariner East 2 NGL pipeline that will stretch across the entire state. Neither Sunoco nor the DEP would confirm the rumor, but the wackos are agitated and saying their “inside sources” (of which they appear to have many) are telling them it’s today. And what if it happens? According to Maya van Rossum (THE Delaware Riverkeeper), the antis will employ their two favorite tactics: Sue in court, and whip up the more radical folks in the movement into a frenzy so they “rise up in protest.” You know, like the “protesters” (i.e. criminals) did in North Dakota–the ones who fired shots at police officers, burned tires, and engaged in illegal actions to stop work on the Dakota Access Pipeline (see Police Remove Pipeline Protesting THUGS from Private Land in ND). Here’s the latest from the rumor mill about the permits coming possibly today… Read More “Mariner East 2 Permits May Come Today – Antis Foment Civil Unrest”
In March 2016, Dominion filed an official application with the Federal Energy Regulatory Commission (FERC) for a 55-mile pipeline project called the Transco to Charleston Project (see Dominion Files Application to Move Marcellus Gas to Charleston, SC). As the name implies, it will be a short pipeline to connect the Transco pipeline, which is in the process of reversing flows to bring Marcellus and Utica Shale gas south. This new pipeline will grab Transco’s Marcellus/Utica gas and send it to the Charleston, SC area. The projected in-service date is November of this year. However, this project, like every square inch of every pipeline project in the Eastern U.S., faces opposition from nutty anti-drilling radicals who vow to try and stop it even if it gets FERC approval (see SC Antis Fuss Over Pipeline to Carry Marcellus Gas to Charleston). The antis will now get their chance to deliver on their big boasts. In what is turning out to be a busy week at FERC, the three remaining Commissioners granted Dominion the certificate to build the Transco to Charleston pipeline. Great news indeed!… Read More “FERC Approves SC Pipeline to Flow Marcellus Gas to Charleston”
EQT, one of the biggest and best drillers in the Marcellus/Utica, issued their fourth quarter and full year 2016 update yesterday. The bad news is that EQT lost $453 million last year ($192 loss in 4Q16). But the bad financial news was offset by a lot of good news. EQT’s full-year production volumes hit a new high of 759 billion cubic feet equivalent (Bcfe), up 26% from 2015. The company drilled 135 gross wells, including 117 Marcellus wells, with an average length of 7,300 feet. EQT predicts production of 190-195 Bcfe in 1Q17. In 2017, EQT plans to use 6-8 rigs to drill a total of 119 wells in the Marcellus, 81 wells in the Upper Devonian, and 7 wells in the Utica. In a separate announcement also issued yesterday, EQT reports year-end 2016 proved reserves of 13.5 trillion cubic feet equivalent (Tcfe), up 35% from 2015. Below are the two updates from yesterday, along with the latest company PowerPoint presentation, loaded with great slides… Read More “EQT 2016 Update: Proved Reserves & Production Way Up, Loses $453M”
In June 2016, MDN was one of the first to unearth the announcement by Shell, almost hidden away inside another announcement, that the company had made it’s “final investment decision” (FID) to move forward with building a multi-billion dollar ethane cracker in Beaver County, PA (see Breaking: Shell Pulls the Trigger, PA Ethane Cracker is a Go!). At the time of the announcement, and since then, Shell has been cagey in not pegging any specific date for when they predict the plant will be built and online–although they have said the plant would start to contribute cash to Shell’s bottom line “after 2020.” That’s about all we’ve been able to find about timing for the plant–until now. Shell released their fourth quarter and full year update yesterday, and as part of that update, held a conference call with analysts. On the call, Shell CEO Ben van Beurden said, in response to a question from an analyst, that Shell will begin spending big money to build the plant “by the end of the year [meaning this year], certainly in 2018.” van Beurden also said, “We haven’t announced exactly when it will start up, but expect that to be not anymore this decade.” He’s not a native English speaker, so we’re having a tough time figuring out exactly what he meant. Does he mean the cracker will be running “not anymore *than* this decade” (meaning before 2020), or “not anymore *in* this decade” (meaning it is now pushed out after 2020). You’re guess is as good as ours… Read More “Shell CEO Says PA Cracker Up & Running “Not Anymore This Decade””
A few weeks ago MDN highlighted a developing issue in Ohio that potentially impacts Utica/Marcellus shale in the region (see OH Power Cos. Try to Stop Gas-Fired Plants with “Re-Regulation”). Three large utility companies–FirstEnergy, American Electric Power, and Dayton Power and Light–are behind an effort to re-regulate the electric power generation industry in Ohio. The electricity industry is a complicated industry, with some some power producers operating as “regulated” and some operating as “unregulated.” Regulated power producers have their rates, and rate of profit, set by government regulators–which limits profits but also guarantees profits. Unregulated power producers, on the other hand, do not have the safety net of the government forcing ratepayers to pony up–they operate in the free market, taking all of the risks, and reaping the rewards if those risks prove worthwhile. Many (most?) of the new natural gas-fired electric plants getting built, like those we have focused on in Ohio, are of the unregulated kind. If Ohio rolls back the clock 18 years to re-regulate, it would likely spell the end of billions of dollars of investments in unregulated/shale-powered electric plants. A disaster. And that’s just what Bill Siderewicz, president of Clean Energy Future (investing $4.5 billion in five new shale-fired electric plants in Ohio) said on a conference call yesterday… Read More “Clean Energy Future Blasts Plan to Re-Regulate OH Powergen”
Two of the most unfit Senators in the U.S. Senate are Ed Markey and the faux American Indian, Elizabeth Warren. Both radical extremists–both kind of loopy. So it is no surprise that they are calling on the Federal Energy Regulatory Commission (FERC) to reverse the decision FERC made just last week to authorize Spectra Energy’s Atlantic Bridge project (see FERC Approves Atlantic Bridge Project for New England/Canada). What makes their request so bizarre is there isn’t a chance in Hates that FERC will reverse that decision–especially with President Donald J. Trump in charge (yes, elections have consequences). So why ask FERC to do it? Ostensibly antis like Markey and Warren are worried about FERC for the same reasons pro-gas supporters are worried. With the huffy departure of Commissioner Norman Bay today (calculated to do maximum damage to the Trump Administration), there won’t be enough Commissioners to make decisions on big pipeline projects (see FERC Commissioner Resigns Threatening Major M-U Pipeline Projects). Our concern is that important projects will get delayed. Markey/Warren’s concern is that already-approved projects, like Atlantic Bridge, won’t get a vote to reconsider for the same reason… Read More “Mass. Senators Ask FERC to Reverse Atlantic Bridge Certification”
For whatever insane reason, some in New England, including the two U.S. Senators from Massachusetts (see today’s companion story) irrationally hate natural gas because it is a “fossil fuel.” These demented folks believe that by burning natural gas, more carbon dioxide (CO2) is pumped into the atmosphere and that increasing amounts of CO2 are causing the earth to warm up, catastrophically. At least that’s what they say they believe. The problem with their theory (libs always have problems because their theories never work out in reality), is that CO2 levels have decreased across the U.S.–because of the increased use of natural gas. Except for New England. Because New England is not using as much natural gas as other regions, making them rely on oil-fired electric plants, New England’s CO2 levels went UP in 2015! They not only pay more for electricity and energy than any other region of the United States, they’re using dirtier energy–all while claiming they love the environment and don’t want “dirty” natural gas. What idiots… Read More “Lack of NatGas in New England Pushed CO2 Emissions UP in 2015”