Shale Insight Day 1: Fireside Chat with Toby Rice of EQT
Shale Insight 2019, being held in Pittsburgh on Wednesday and Thursday, kicked off with a “fireside chat” between Marcellus Shale Coalition President Dave Spigelmyer and EQT CEO Toby Rice. While President Trump’s visit later in the day was certainly a highlight and focus (who doesn’t want to tell their kids and grand kids they saw the President?!), we would say, in all honesty, that the bigger highlight for those in the industry was the opportunity to hear Toby Rice. We would say his talk was more anticipated than Trump’s visit.
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Yesterday the Pennsylvania House Environmental Resources and Energy Committee “reported out” (i.e. approved) Senate Bill (SB) 694, which is the Senate version of what was House Bill (HB) 247, a bill which allows fully leased parcels that are part of one drilling “unit” to be combined with parcels in a different unit–“cross unit drilling.” The full Senate voted to approve the bill on September 25 by a vote of 49-0 in favor. Yes, a unanimous vote, with both Republicans and Democrats voting to approve it in the Senate. We’re now one vote away from final passage–the full House. There’s little doubt it will pass.
Earlier this month Pennsylvania Gov. Tom Wolf went completely off his rocker with a power-grab to force PA into a regional alliance to tax natural gas-fired electric plants out of existence (see 
Eureka Resources, which owns and operates a centralized treatment/recycling facility in Bradford County, PA to process Marcellus watewater, is getting a $1.5 million state Redevelopment Assistance Capital Projects grant to help the plant launch a high tech solution to recover lithium from Marcellus wastewater. Yes, lithium, like that used to manufacture rechargeable batteries.
In March 2018 MDN brought you the news that Pittsburgh International Airport (PIT) was exploring the possibility of producing its own electricity (see 
The Pennsylvania Dept. of Environmental Protection (DEP) has drafted up new “technical guidance” on “radioactivity monitoring at solid waste processing and disposal facilities” specifically targeted at the shale industry. Translation: new regulations for how dumps (and drillers) monitor and report on radioactivity levels from incoming loads of drill cuttings. The DEP has posted their proposed new guidance document for public comment, after which they will adopt the new regs.
Did you know that building just two new compressor stations in Pennsylvania will bring the state an extra $100 million in economic activity and support 680 direct, indirect and induced jobs? We sure didn’t! Last week Williams filed a newly published study with the Federal Energy Regulatory Commission on the economic impact of their proposed Leidy South Expansion Project (full study embedded below). The study makes an irrefutable case for building the new compressor stations in Luzerne and Schuylkill counties.
In June there was a series of explosions and a massive fire at the Philadelphia Energy Solutions (PES) Refining Complex, the East Coast’s oldest and largest oil refinery (see 
Allegheny County, PA (Pittsburgh and surrounding suburbs) is seriously considering a new law that would require landowners to report, via a public registry, land they have leased oil and gas drilling. Specifically land leased for shale wells. The law would require all sorts of private information to be divulged, publicly, including what kind of drilling/fracking will theoretically take place. And what if a landowner doesn’t “register” with the authorities? Here come the fines. The only reason we can divine for such a law is to shame landowners (lease-shaming), to prompt neighbors to hassle them for leasing their land. Or perhaps to alert Big Green groups so they can use paid protesters (as they so often do) to show up and protest in front of someone’s leased property. What has our society become?
Leave it to ace reporter Paul Gough from the Pittsburgh Business Times to unearth some earth-shattering news–that ExxonMobil is actively looking at locations in Beaver County, Pennsylvania to potentially build a second multi-billion dollar cracker plant. Shell is already well along in building the region’s first ethane cracker–in Monaca (Beaver County). Will lightning strike twice for the good citizens of Beaver County? Maybe!