U.S. Rig Count Drops Another 5 Rigs, M-U Loses 1 More Rig
For the fourth week in a row and the 13th time in the last 14 weeks, the U.S. active rig count lost rigs. It’s grueling. Last week the number decreased by five rigs after falling five rigs the week before–now down to 659 active rigs across both oil and gas. The Marcellus dropped one rig (in Pennsylvania) for a combined M-U rig count of 45–the lowest this year. Some 14 weeks ago, the M-U lost four rigs (going from 53 down to 49). Seven weeks ago, we lost another rig, down to 48. Last week we lost two more down to 46, and this week another. The trend is not our friend.
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Newly-elected Gov. Josh Shapiro, who appears to be completely ineffective since taking office (which is not necessarily a bad thing), appointed a working group in April to help guide him on what he should do concerning the Regional Greenhouse Gas Initiative (RGGI) carbon tax and the broader issue of global warming (see
In July, the Pennsylvania Dept. of Environmental Protection (DEP) announced that it had appointed a 17-member committee to figure out how to dole out $5 million to fund local community projects located near the Shell cracker plant in Beaver County, PA, following a $10 million fine against the plant for violating air emissions standards (see
Permitting in Pennsylvania, especially those overseen by the Dept. of Environmental Protection (DEP), has been broken for years. A Chapter 102 Erosion and Sedimentation permit sometimes takes two, three, even six to eight months for approval–instead of the law-mandated 14 days. It got so bad that in the fall of 2019, PA State Sen. Gene Yaw introduced a bill to allow third-party reviews of these permits (see
For the third week in a row and the 12th time in the last 13 weeks, the U.S. active rig count lost rigs. Last week the number decreased by five rigs after falling six rigs the week before (see
This is a cautionary tale of choosing your joint venture partner carefully. The Pennsylvania Superior Court threw out a $2.4 million arbitration award against Marcellus driller PennEnergy in a business dispute in a precedential ruling last week. The Superior Court judges overruled an award by an arbitrator. PennEnergy maintained the case should never have been in arbitration in the first place. The intended recipient of the award, MDS Energy, says the Superiors weren’t so superior after all and got it wrong. The case is complicated…
A group of Pennsylvania State Senators are (once again) trying to expand the swampy bureaucracy of the state Dept. of Environmental Protection (DEP). A group of six Democrat state senators issued a co-sponsorship memorandum last Thursday to say they want to expand the DEP’s power to reject “facilities such as incinerators, landfills, and sewage plants” based on the premise that such facilities are typically built in communities where there are minorities or poor people–and they are just too poor (or too dumb) to “fight back” against such projects. That is, the DEP can reject anything it wants for “environmental justice” reasons. The very premise of the bill is, itself, racist!
Researchers with the University of Pittsburgh (Pitt) recently published a study in the journal Ecological Indicators. The study’s intent was to measure whether or not frack waste dumped in local landfills has radiation that is leaking out in groundwater (leachate) from those facilities. Research like this, if legitimate (and accurate), is a good thing. We need to know if the waste we’re dumping is causing a problem. But a funny thing happened during the study. The researchers found a big problem with recordkeeping.
In a process that began in December 2021, Olympus Energy (formerly Huntley & Huntley) announced it had contracted with Project Canary to monitor methane emissions from both the company’s drilling operations and the company’s pipeline operations (see 
The analysts at the U.S. Energy Information Administration (EIA) have been looking at natural gas production in the Marcellus/Utica (i.e., Appalachia) for 2022. The M-U is the largest-producing natural gas shale play in the world. Pennsylvania is the second-largest producer of natural gas in the U.S. after Texas. The EIA looked at PA’s production, specifically production from the four largest-producing counties, for 2022. They found what we told you about back in March: Production in PA has fallen (see
For years we’ve railed against what we consider the theft of royalties and bonus payments by the state of Pennsylvania from landowners with creeks and rivers running through their leased (for shale drilling) property. The Pennsylvania Dept. of Conservation and Natural Resources (DCNR) claims that under a centuries-old law, the state of PA “owns” the property under “navigable” waterways–including rivers and streams (see
What a disappointment Rich Negrin has turned out to be as Secretary of the Pennsylvania Dept. of Environmental Protection. During a DEP Citizens Advisory Council meeting held yesterday in Harrisburg (and remotely, via teleconference), several virulent anti-fossil fuelers addressed the council, making wild claims against the DEP. Negrin simply accepted their babbling and told them he agreed with them and would investigate any perceived problems. It was a shameful performance.
In the fall of 2021, President Biden signed into law the so-called Infrastructure bill, some $1.2 trillion in pork barrel spending, passed with the help of turncoat Republicans (see 