Part of the so-called Biden infrastructure bill (now a law) provides $4.7 billion to plug old abandoned and orphan oil and gas wells. We previously reported on initial payments from the program for both Pennsylvania and West Virginia. When we spotted an even higher number for Ohio’s portion of that program, we smelled that something is wrong, and indeed it is. We will explain below. Read More “Ohio’s Portion of Orphan Well Program $256M in Phase One”
Last year Big Green lobbyists using the City of Oberlin, Ohio contested the Federal Energy Regulatory Commission (FERC) decision to approve the Enbridge/DTE Energy NEXUS pipeline, a a $2 billion, 255-mile pipeline from the Ohio Utica Shale into Michigan that’s been flowing for years connecting to a pipeline that exports some of the gas into Canada (see Oberlin, OH Still Fighting to Shut Down Long-Running NEXUS Pipe). Big Green/Oberlin claims FERC’s approval of NEXUS was faulty because some gas gets exported to Canada and is not “in the public interest.” Read More “DC Circuit Signals NEXUS Pipe Approval by FERC was Righteous”
In late 2020, ExxonMobil released the outlines of its development plan for the next five years (see ExxonMobil Announces Plan to Divest “Certain” N.A. Dry Gas Assets). Exxon said it had decided to prioritize investing in “high-value assets” over the next five years–namely in Guyana and in the Permian Basin here in the U.S. The company hinted that asset sales for U.S. onshore shale outside the Permian were on the table. The hinting is done. Reuters is reporting that yesterday Exxon launched the sale of shale gas properties stretching across 27,000 acres in the Utica Shale of Ohio. Read More “Exxon/XTO Energy Looking to Sell 27K Utica Shale Acres + 61 Wells”
Our friends at NGI (Natural Gas Intelligence) are running an excellent series providing expert forecasts for the global natural gas and oil markets in 2022. The latest installment interviews several experts about the prospects for the Marcellus/Utica. With the Shell ethane cracker plant coming online sometime this year, the prospects for NGL sales in the M-U have picked up. Also in the discussion: capping Pennsylvania’s orphaned wells, drilling in the Wayne National Forest, and the Mountain Valley Pipeline coming online. Read More “Shell Cracker Set to Come Online in 2022 – More Coming Attractions”
BCCK Holding Company (BCCK) has been granted a contract to upgrade a cryogenic gas processing plant in the Marcellus/Utica, in southeastern Ohio. The name of the customer was not disclosed but we’re guessing it is MarkWest Energy (now MPLX). BCCK says it has developed a simple and effective modification to improve the existing cryogenic plant design and equipment with the aim of increasing propane recovery. Read More “M-U NGL Cryogenic Plant in Southeast Ohio Getting an Upgrade”
The Ohio Oil and Gas Energy Education Program (OOGEEP) and the Ohio Oil and Gas Energy Education Foundation announced the latest round of scholarship applications for 2022 are being accepted now through March 1st. Scholarships are awarded to students interested in pursuing careers in the natural gas and oil industry, such as petroleum engineer, finance, equipment operator, mechanical engineer, welder, and many more. Each scholarship is for $1,000. Read More “OOGEEP: Next Round of $1K Scholarships for O&G Students in Ohio”
Economists are still analyzing the impact of the coronavirus pandemic from 2020, let alone assessing impacts from 2021. Cleveland State University researchers have run the numbers and have discovered something interesting. Of Ohio’s 88 counties, only 18 grew their economies in 2020. Of those 18, two counties stood head and shoulders above the rest for increases in economic activity. Both counties have something in common: Utica Shale drilling. Read More “Utica Shale Saves Eastern Ohio Counties from COVID Recession”
Yesterday the Federal Energy Regulatory Commission (FERC), under the leadership of Richard “Dick” Glick, served Energy Transfer with an “Order to Show Cause and Notice of Proposed Penalty” over the years-ago completed Rover Pipeline, a $3.7 billion, 711-mile Marcellus/Utica natural gas pipeline that runs from Pennsylvania, West Virginia and eastern Ohio through Ohio and into Michigan. The proposed fine is a staggering $40 million, based on a drilling mud accident from 2017 that showed there was diesel fuel in the mud. Read More “FERC Threatens ET with $40M Fine Over Long-Completed Rover Pipe”
Yesterday Tennessee Gas Pipeline (TGP), a subsidiary of Kinder Morgan, filed a proposal with the Federal Energy Regulatory Commission (FERC) to implement a “responsibly sourced natural gas (RSG) supply aggregation pooling service” at select locations across the TGP system. Translation: Utilities and other buyers will be able to buy RSG certified natural gas for their customers, costing them more money. Read More “Tennessee Gas Pipeline Announces Responsible Gas Pooling Service”
In the wacky world of leftists, all money earned by private companies belongs to the state, and the state beneficently allows a company to keep some of that money to pay employees and shareholders. That’s the attitude of the far left, anti-drilling group Policy Matters Ohio (PMO), which doesn’t like the current oil and gas severance tax of 2.5% in Ohio. It’s not nearly high enough to fund leftist programs, according to PMO. Read More “Anti-Drilling Policy Matters Ohio Says Severance Tax Still Too Low”
FirstEnergy Corp. CEO Steve Strah has an impossible job–to revive the badly tarnished reputation of his company following the biggest bribery scandal in the history of Ohio. Ohio’s House Bill (HB) 6 law granted billions (plural) of dollars to FirstEnergy in an attempt to prop up the company’s economically failing nuclear power plants. FirstEnergy bribed state legislators to pass, and keep passed, HB 6 by paying out $61 million to a small group of insiders, including the now-former Speaker of the House (see FirstEnergy Involved in Bribery Scheme to Pass $1B Nuke Bailout Law). Read More “FirstEnergy’s New CEO Tries to Clean Up Massive Ohio Fraud Mess”
West Virginia State Treasurer Riley Moore is leading a coalition of 16 states threatening banks that play politics by refusing to lend money to fossil fuel companies. Moore says WV and the other states are “not going to take it anymore.” We first told you about a similar coalition back in May, when they sent a letter to the haughty John Kerry, telling him to quit pressuring banks to deny loans to fossil fuel companies (see M-U State Treasurers Threaten Banks that Won’t Lend to Fossil Fuels). The coalition (with some new members) is back and is fighting mad.
NOTE: MDN corrected this post to reflect the fact that OH and PA are not a part of this most recent coalition. However, OH and PA previously participated in a similar coalition (back in May) challenging John Kerry and the Biden administration’s calls for banks to divest from fossil fuels. Thank you to a sharp MDN reader for noticing the change in states participating in this new coalition! Read More “16 State Treasurers Threaten Banks that Divest from Fossil Fuels”
A reporter with the New Philadelphia (OH) Times Reporter recently chatted with both Mike Chadsey, director of public relations for the Ohio Oil and Gas Association (OOGA), and with MDN friend Jackie Stewart, director of external affairs for Encino Energy. The topic? What’s happening right now in the Ohio Utica Shale, and what do they see coming in the near future for shale energy in the Buckeye State. We’d sum it up by saying the industry is cautiously optimistic. Read More “Current ‘State of the Utica Shale’ in Ohio – Cautious, Optimistic”
According to the U.S. Energy Information Administration’s (EIA) latest Monthly Electric Generator Inventory, between 2022 and 2025 (the next three years) some 27.3 gigawatts (GW) of new natural gas-fired capacity is scheduled to come online in the United States. Illinois, Michigan, Ohio, and Pennsylvania–states with pipeline access to natural gas from the Marcellus and Utica shale plays–account for a combined 43% of the natural gas-fired capacity planned to come online. Yes, our molecules will feed almost half of all new gas-fired power plants! Read More “M-U to Feed 43% of New Gas-Fired Power Coming Online by 2025”
Vice President Kamala Harris, the disappearing Vice President (her poll numbers are even worse than Biden’s) visited Columbus, Ohio last week to tout the newly-passed so-called $1.2 trillion infrastructure bill. Wait, you didn’t know she was in Columbus? We didn’t either. She’s virtually invisible these days. At any rate, Harris failed to mention the key role fossil fuels will play in making Biden’s infrastructure plan even remotely possible to implement. Don’t worry, the Ohio Oil and Gas Energy Education Program (OOGEEP) has a column in the Columbus Dispatch providing “the rest of the story” that Cackling Kamala left out of her talk… Read More “OOGEEP Says Oil & Gas Makes Infrastructure Bill Possible”
EV Royalty Partners, an affiliate of EnerVest Ltd., has retained Oil & Gas Asset Clearinghouse for the sale of a Utica Shale overriding royalty interest (ORRI) package across multiple counties in Ohio. The package on offer includes portions of ORRI in some 340,894 acres. The acreage is actively leased and developed by Encino Energy, Ascent Resources, and Southwestern Energy. Bids are due by Dec. 2nd. Read More “EnerVest Utica Shops 340K Acres of ORRI in Ohio Utica Shale”