WV Co. Partners with ARCH2 to Supply H2 Experts & Data Analytics
On Wednesday, MDN pointed out that a New York-based company will play a key role in (and get gobs of money from) the WV hydrogen hub project (see New York Company Has Big Role in West Virginia’s ARCH2 Hydrogen Hub). The truth is that many companies (dozens? hundreds?) will be a part of the ARCH2 project. Preferably, companies located in one of the states participating in ARCH2, including West Virginia, Ohio, Kentucky, and Pennsylvania. We spotted an announcement from a Bridgeport, WV-based company that will be participating in ARCH2.
Read More “WV Co. Partners with ARCH2 to Supply H2 Experts & Data Analytics”
New shale permits issued for Feb. 20-26 in the Marcellus/Utica slide lower last week. There were 29 new permits issued in total last week (down from 35 the week before), including 24 new permits for Pennsylvania, no new permits for Ohio, and five new permits issued in West Virginia. Last week the top receiver of new permits by far was the largest natural gas driller in the country, EQT Corporation, with 20 new permits split between Greene and Washington counties in southwestern PA.
A group of landowners in Harrison and Doddridge counties (in West Virginia) sued Antero Resources, claiming the company had deducted post-production costs from royalties not allowed under the leases they had signed. Last year, the U.S. District Court for the Northern District of West Virginia ruled mostly in favor of the landowners. Antero appealed the case to the U.S. Court of Appeals for the Fourth Circuit (4th Circuit). Yesterday, the judges of the 4th Circuit issued their ruling (full copy below). Nobody got everything they wanted–we’d call it a split decision. However, Antero did win the right to make deductions in certain circumstances.
Yesterday both Antero Midstream (the pipeline subsidiary of Antero Resources), and Crestwood Equity Partners announced a deal to sell Crestwood’s remaining Marcellus assets to Antero for $205 million. The assets include 72 miles of dry gas gathering pipelines and nine compressor stations with approximately 700 MMcf/d of compression capacity located in Doddridge County and Harrison County in West Virginia.
Last week both Pennsylvania and West Virginia issued permits to drill new shale wells. Ohio remained skunked for a sixth week in a row. What’s going on in Ohio? Or rather, what isn’t going on there? PA issued 15 new shale permits. Not to be outdone, WV also issued 15 new shale permits.
Tomorrow the Harrison County Commission will consider (and most likely approve) an extension for an option to purchase property at the site of a proposed natural gas-fired power plant in Harrison County. Energy Solutions Consortium (ESC) currently has an option to buy the site of a proposed 550-megawatt natural gas-fired power plant, but the option expires on Dec. 31 of this year.