CONSOL Energy Narrows Future Marcellus/Utica Dev to 5 Counties
CONSOL Energy released its first quarter 2015 update on Tuesday. Like virtually every other Marcellus/Utica driller, CONSOL’s 1Q15 profits dropped quite a bit–in this case 32%. But there was plenty of good news in Tuesday’s update. CONSOL reports Marcellus Shale production was up an impressive 75% year over year for the first quarter. They cut their costs in the Marcellus–from $3.18 per Mcfe in 1Q14 to $2.62 per Mcfe in 1Q15–$0.56 per Mcfe improvement (18%). The company achieved all-in cash costs of only $1.67 per Mcfe in the Marcellus Shale, which “continues to be the growth engine of the company.” Meanwhile, CONSOL continues to ramp up their Utica program. The company is currently drilling Utica wells in four counties: Greene and Westmoreland counties in PA; Monroe County, OH; and Marshall County, WV. CONSOL says the Utica wells they are currently drilling will come online in the second half of this year. However, given the current low price climate and cutbacks, CONSOL streamlined both its Marcellus and Utica operations in 1Q15. They’ve narrowed future Marcellus development to primarily Greene, Washington and Allegheny counties in PA; wet Utica development to Noble County, OH; and dry Utica development to Monroe County, OH…
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If there’s one thing you NEVER do, it’s get between an anti-driller and a camera/microphone. Elected town leaders in Ligonier Township (Westmoreland County), PA found that out the hard way Tuesday night. At the regular town board meeting there was a 45-minute section of the meeting, out of a much longer meeting, devoted to discussion of new zoning regulations for Marcellus Shale drilling in the township. The new zoning regs are, according to town leaders, a “work in progress.” About 100 people showed up at the meeting, 50 of whom wanted to talk about this “work in progress.” It was a regular town board meeting and not the time to devote the 3-4 hours necessary for anti-drillers to preen before the cameras and spew their same old same old. Ligonier supervisors kept to the 45-minute time limit and shut down the freak show at that point. That enraged a handful of mouthy anti-drillers and, according to witnesses, the meeting got “out of control”…
On Monday MDN told you about three families near a WPX Energy wastewater impoundment near Ligonier (Westmoreland County), PA who say their well water has been contamined by frack wastewater leaking from the impoundment (see 
Three families near a WPX Energy wastewater impoundment near Ligonier (Westmoreland County), PA say their well water has been contamined by wastewater leaking from the impoundment. The case is just coming to light (at least for MDN) although the PA Dept. of Environmental Protection (DEP) has known and has investigated the “leaky impoundment” for going on two years now…