EQT & Equinor Land Swap in Pennsylvania & Ohio Now Completed
In April, EQT Corporation and Equinor (formerly known as Statoil) announced a deal to swap land in Pennsylvania and Ohio (see Equinor Swaps Acreage with EQT in PA & OH, Exits Operated US Shale). EQT filed an SEC report to announce that the deal was done as of last Friday. As we highlighted in our previous post about this deal in April, Equinor has (with this deal) completely exited all operated assets in U.S. shale.
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Coterra Energy announced a large layoff of employees at its GDS (GasSearch Drilling Services) Marcellus operation yesterday. GDS was founded in 2006 as a subsidiary of Cabot Oil & Gas (now Coterra Energy). GDS is based in South Montrose, PA, and provides services including pad site development, impoundment construction, water hauling, trucking, light equipment rental, and roustabout services supporting Coterra’s natural gas drilling. GDS employs approximately 170 people in Susquehanna County at various locations. Yesterday, 55 GDS employees got a pink slip.
Two weeks ago, 16 new permits were issued to drill in the Marcellus/Utica region. Last week, May 20-26, the number increased by two to 18. Two drillers tied for the top prize for most new permits. Chesapeake Energy received five new permits, all of them for drilling in Sullivan County, PA. Ascent Resources also received five new permits, with four of them to drill in Jefferson County, OH, and one in Guernsey County, OH. Antero received three permits for drilling in Wetzel County, WV. EQT Corporation got two permits to drill in Washington County, PA. Range Resources, Olympus Energy, and INR each got a single new permit (see below for where).
The Pennsylvania Dept. of Environmental Protection (DEP) has extended three temporary air permits for the Shell ethane cracker plant in Monaca, PA, which would have expired at the end of April. The extended permits will suffice until Shell files for and receives what is called a federal Title V Operating Permit for air emissions from the cracker plant. In March, we told you that the DEP had told Shell to file for a Title V permit no later than June 21 of this year or risk being shut down (see
Earlier this month, MDN brought you the great news that New Fortress Energy’s (NFE) proposed Wyalusing LNG export plant (in Bradford County, PA) and a docking facility in Gibbstown (in New Jersey, along the Delaware River) to load ships with PA-produced LNG, are not dead yet (see
Last December, WATT Fuel Cell Corp. signed a seven-year extension of its lease to keep its headquarters in Westmoreland County, PA (see
Nearly a year ago, MDN brought you the news that the federal EPA had issued a permit to G2 STEM LLC based in Fairfax, Virginia, to build a Class IID oil and gas wastewater underground injection well in Young Township, Jefferson County, PA (see
One of the aspects of the Austin Master Services (AMS) story (from Ohio) that captures people’s attention is that the frack waste at the facility contains drill cuttings, some of it with a low level of radioactivity. The headline-grabbing media touts that aspect of the story, overplaying just how “radioactive” it actually is. “OMG! If that stuff gets into the Ohio River, it’s an ecological disaster!” That sort of thing. While the percent threat to public health from AMS’ stored drill cuttings is not zero, it’s also not 100. We need a little balance added to the discussion. Just how much of a threat is the waste in the AMS facility?
Yeah, the bottom pretty much fell out of the rig count last week, both nationally and for the Marcellus/Utica region. We’re hitting new lows with both counts. For the M-U, Pennsylvania stayed the same with 21 active rigs, but Ohio lost one rig, and West Virginia lost two rigs last week, for a net loss of three — 37 active rigs across the region, the lowest in more than a year. The national rig count hit 600 last week, the lowest it has reached since January 2022. Ugh.
In case you weren’t aware, there’s an important political race happening in Pennsylvania for the U.S. Senate. In fact, the race’s outcome will likely determine whether or not the Senate remains hostage to radical Democrat control or flips to common sense Republican control. The Democrat running for the seat is Bob Casey, an entrenched D.C. swamp dweller seeking his third 6-year term. Bob Casey has voted with Joe Biden 98.5% of the time (
We’ve had more than a few MDN readers pass along links from recent mainstream media stories about the treasure trove of lithium available “beneath Pennsylvania” in the state’s brine (shale wastewater) production. Which makes us a little bit crazy and amuses us at the same time because we’ve been reporting on this story since 2019! In October 2019, Eureka Resources, which operates three frack wastewater treatment facilities in the Marcellus Shale (and is building a fourth facility in Dimock, PA), began extracting lithium from Marcellus wastewater at one of its plants in Bradford County, PA (see
At a packed meeting last night, the Indiana Township (Allegheny County), PA, Planning Commission voted unanimously (4-0) to delay a decision on rezoning a 59-acre parcel along Route 910 from office/commercial to light industrial — which would allow gas drilling on the site. The room was packed with over 100 people, most of whom were there to oppose the rezoning request. The commission members voted to delay any action for 60 days on a proposal by Cranberry-based MPF Management to rezone the parcel.
The switch from coal to natural gas in power generation has led to historic emissions and air pollutant reductions equaling $450 billion to $1.04 trillion in public health benefits for Pennsylvanians, according to a Marcellus Shale Coalition (MSC) analysis. The analysis leverages emissions data from the Pennsylvania Dept. of Environmental Protection (DEP) and applies U.S. Environmental Protection Agency (EPA) methodologies to assign a dollar value to each ton of NOx and SOx reduced. As shale gas development became prevalent across PA and in-state natural gas electric generation increased from 5% to 59% between 2005-2022, criteria emissions contributing to respiratory ailments — nitrogen oxides (NOx) and sulfur oxides (SOx) — are down 81% and 93%, respectively, yielding a range of $7.9-$18.4 billion in NOx and $445.1 billion – $1.02 trillion in SOx cumulative public health benefits for Pennsylvanians.
Anti-fossil fuel fanatics have a tried-and-true playbook in Pennsylvania. They appeal *every single inch* of new pipeline, no matter where it’s located, whether that pipeline flows natural gas, NGLs, oil, or petroleum products like gasoline. Want to replace an existing pipeline in an area? Antis are against it, saying it will saddle ratepayers with “stranded assets” in a few unspecified years’ time (when “renewables” take over). Want to build a new pipeline? God forbid! They go berserk with all sorts of wild claims about pipelines being racist (being built in places where poor folks of color can’t fight back to stop them). It’s disgusting what these liars will do to oppose a new pipeline. One of their favorite legal tactics in Pennsylvania is to appeal a permit issued by the Dept. of Environmental Protection (DEP) to the Environmental Hearing Board (EHB), a special court in PA that hears appeals of DEP decisions. However, antis are abusing the PA court system.