SWPA Gas-fired Elec Plant Next to Pot Farm Ready This Summer
A project we’ve been tracking since 2017, a 625-megawatt Marcellus-fired electric plant in Greene County, PA called Hill Top Energy Center (see our stories here), is nearly complete. The developer of the project is Hill Top Energy LLC. The main financial sponsor is Ares Management. POWER Engineering magazine is reporting construction is nearly done and the plant will go online this summer.
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All three M-U states received permits to drill new shale wells last week. Pennsylvania received a big 21 new permits. Ohio received 7 new permits last week, all of them for Encino Energy (two different well pads). West Virginia received just 2 new permits, both for HG Energy on the same pad in the same county.
This is a cautionary tale that highlights what we have preached over the years. From some of our earliest posts here on MDN, we have cautioned landowners (and rights owners) to treat the lease signing bonuses and royalties they receive in the Marcellus/Utica as an investment and not spend all the money as it comes in on the assumption it will always be there. We have an example of what happens if you spend it as soon as you get it: Greene County, PA.
Coincidentally, a second dehydration unit fire occurred early Saturday morning, also in Pennsylvania, but this second fire occurred across the state in southwest PA. Our lead story today is about a dehydration unit fire at a well pad in Lycoming County (see Two-Alarm Fire at Alta Resources Well Pad in Lycoming County, PA). The second fire happened at a dehydration unit at a compressor station in Greene County owned and operated by Equitrans Midstream.