Cracker Race Continues: Odebrecht Files Remediation Application
The race continues to see who will build the first multi-billion dollar ethane cracker plant in the Marcellus/Utica region. Yesterday MDN brought you the news that Shell had filed, back in May, a detailed air pollution application with the PA Dept. of Environmental Protection (DEP) for their proposed cracker plant in Beaver County, PA (see Details for Shell Ethane Cracker Revealed in Air Pollution Application). Although arriving on the scene several years after Shell’s project, Odebrecht announced last November they want to build a cracker plant near Parkersburg, WV (see WV Announces Brazilian Company to Build Ethane Cracker Complex). Odebrecht has now filed a similar document–a Voluntary Remediation Program application–with the WV Dept. of Environmental Protection (WVDEP)…
Read More “Cracker Race Continues: Odebrecht Files Remediation Application”

Without a doubt the biggest story from last week, which broke on MDN’s first day off in our one-week vacation, was the new natural gas production numbers coming from Pennsylvania and the Marcellus Shale. The PA Dept. of Environmental Protection released production numbers for the first six months of 2014, which show that PA produced an incredible 1.94 trillion cubic feet during that period–up 14% from the last half of 2013 (1.697 Tcf), and comparing apples to apples, up an astonishing 38% from the same period a year ago, the first half of 2013 (1.406 Tcf). PA also produced 1.7 million barrels of condensate (or natural gasoline) and 182,000 barrels of oil. Below we list the Top 10 producing wells in 1H14. Would it surprise you to learn that 9 of the top 10 are found in the same county, drilled by one company? We also include the full list of all 7,679 wells drilled so far…
In a seemingly strange twist, Shell has just picked up more Marcellus and Utica Shale acreage. Say what? Yesterday MDN told you that Rex Energy just bought 208,000 Marcellus acres from Shell in southwest Pennsylvania’s wet gas area (see
What is it about the oil majors that they can’t seem to turn a profit in America’s shale plays? Somehow the smaller, leaner independents keep beating the majors, time and again. Latest example: Shell. In 2010, Shell paid a whopping $4.7 billion to buy East Resources (see