Thailand’s Banpu Looking to Invest More Money in NEPA Marcellus
Over the past year and a half Banpu Pcl, Thailand’s largest coal producer, in cooperation with American-based partner Kalnin Ventures, has snapped up some 55,000 acres and 355 shale wells–in the northeast Pennsylvania Marcellus (see our Banpu stories here). At first we thought Kalnin was simply the “front man” for Banpu. It’s Banpu’s money buying the leases and the wells, so we figured Kalnin was just an American subsidiary on paper for Banpu. But it turns out the truth is more nuanced (see A Closer Look at Kalnin Ventures and Their Marcellus Investments). Kalnin is its own company. Yes, Banpu is the funder, but Kalnin is in the driver’s seat with these Marcellus deals. Regardless of who’s on top, the Banpu/Kalnin team have become important players in the Pennsylvania Marcellus–in the northeast part of the play. Banpu originally promised to invest up to $500 million in Marcellus assets and has spent $417 million on Marcellus assets thus far. Apparently they like those investments. Yesterday Banpu CEO Somruedee Chaimongkol said the company is considering “putting more money on top of the $500 million” in shale gas. Specifically, she said the company will invest in the northeast PA Marcellus because, “It is the sweetest spot for shale gas.” She also said she likes President Trump’s energy policies that are “favourable to coal and natural gas”…
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Invenergy is currently building a state-of-the-art, combined cycle 1,480 megawatt Marcellus-fired electric generating plant in Jessup, PA, just outside Scranton. Construction on the plant–called the Lackawanna Energy Center–has been under way for well over a year now. Some 1,200 people are currently working at the site. MDN previously reported that Cabot Oil & Gas with their prolific Susquehanna County production will feed the plant (see
In June, radical anti-drillers from the Pennsylvania Environmental Defense Foundation won a case at the PA Supreme Court by the skin of their teeth (
The Pennsylvania Dept. of Environmental Protection (DEP) is picking on Cabot Oil & Gas–or more properly, shaking them down for some cash. Yesterday the DEP announced it had reached an “agreement” with Cabot whereby Cabot will pay the DEP $99,000 “for air quality violations related to equipment at natural gas wells throughout Susquehanna County.” But that’s not all, Cabot failed to file some paperwork–a far more egregious violation for the DEP: “Cabot failed to submit complete compliance demonstration reports for 20 gas wells.” Bad, bad Cabot. Here’s news of the DEP’s latest shakedown of a company that has (so far) invested over $4.6 billion in a single northeast PA county…
Around 63,000 gallons of treated brine (naturally occurring, very “salty” water that comes out of a well long after it’s drilled) spilled in an accident at an Inflection Energy well pad in Eldred Township, Lycoming County, PA in mid-November (see
In October MDN told you about 23 radicalized protesters who tried to block access to equipment being used to construct the Atlantic Sunrise Pipeline in Lancaster County, PA–on property owned by a sect of Catholic nuns whom we call Sisters of the Corn (see 
Although Shell’s mighty $6 billion ethane cracker chemical complex won’t be completed until around 2020, Shell is not waiting with respect to recruiting talent to operate the plant. Shell recently launched a page on their main website dedicated to recruiting people for cracker plant jobs (
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
Lancaster Farmland Trust, a leftist group that seeks to stop all development of land in and around Lancaster County, PA, sued a farmer and Atlantic Sunrise Pipeline after the Lancaster farmer signed an easement on a piddly 1.5 acres of land. The Trust claimed according to the terms of the deed the landowner didn’t have the right to sign the easement (see
A few weeks ago a group of environmental Nazis pledged to “swarm” and shut down a SEPTA (Southeastern Pennsylvania Transportation Authority) meeting where a vote would be taken to build a Marcellus gas-powered electric plant that would provide electricity to SEPTA’s northern Regional Rail lines–a win/win for all Pennsylvanians (see
This is the second day in a row we’ve had to bring you news of a fire at a Marcellus Shale well site. Yesterday we told you about a fire at an EQT well pad in Marshall County, WV (see
We knew it was coming. We told you back in September that the obsequious members of the Delaware River Basin Commission (DRBC) will slavishly obey their radical environmental masters by voting to move forward with a permanent ban on fracking in the Delaware River Basin (see
Yesterday the Pennsylvania Dept. of Environmental Protection (DEP) issued “draft final language” for the proposed General Permit 5A (GP-5A) and the revised General Permit 5 (GP-5)–regulations that supposedly will cut down on fugitive methane from escaping from drill pads and pipelines. The onerous regulations were originally prompted by bullying from the Obama Environmental Protection Agency. Even though EPA pressure has disappeared under President Trump, PA Gov. Wolf still intends to push forward with these onerous and unnecessary regulations. Unnecessary? Really Jim? Yes, really. See our companion story today that a new Penn State study has found very small amounts of methane escape from Marcellus well pads and pipelines (see Penn State Study Finds Very Little Methane Leaks from Shale Infra.). Makes no difference. Wolf is set on this course and will attempt to ram it through, to win brownie points with his unhappy enviro left supporters, ahead of next year’s election. The DEP held a webinar yesterday to discuss this latest version of GP-5 & 5A, and lay out a timeline (early next year) for adopting it…
Methane (i.e. natural gas) is often made out to be a bogeyman by radical environmentalists. They’d have you believe a single molecule wafting into the air will cause global warming and make Mom Earth fry. It’s bunkum. However, the fairy tales we grow up with exert a strong control over us later in life. The hew and cry of so-called environmentalists is that extracting natural gas leads to fugitive methane in the atmosphere–and fugitive methane diminishes the benefits of using natural gas. Some quacks like Cornell professors Tony Ingraffea and Robert Howarth actually say burning dirty coal is better than extracting and using clean-burning natural gas (see
This is truly outrageous and disgusting. We feel filthy just having to read and report on this news–filthy because of the outright falsehood of the preposterous allegation. Did you know that pollution can now target people based on their race? That’s what the idiotic State Rep. Donna Bullock (Democrat from Philadelphia), along with the radical Moms Clean Air Force and Defend Our Future groups said at a presser yesterday. They claim that “toxins from the oil and gas industry disproportionately impact African-American families throughout Pennsylvania.” They cite a faux report from the National Association for the Advancement of [Liberal] Colored People (NAACP) that claims “African-Americans are exposed to 38 percent more polluted air than their white counterparts” because of the oil and gas industry. Utter rubbish. “Hey, I’m a pollution molecule floating around and if I see a black person, I’ll just zoom right into that person’s nostrils–but I’ll leave the white folk alone.” You see how absurd this is? The NAACP claims more black people live near oil and gas operations than white people–although they offer no data to back up the claim. And because they live closer, that means they’re “polluted” more than others. Again, rubbish. When will someone stand up to such insane claims and demand these people resign and slink away in shame?…