Marcellus/Utica Rig Counts 2019 – The Trend was Not Our Friend
If you use the number of active rigs operating in a given shale play/state as the measure for “success,” 2019 wasn’t such a good year for the Marcellus/Utica. In January, Pennsylvania entered 2019 with 48 active rigs. In December that number was cut nearly in half, to 25 active rigs. It was a similar story for Ohio, which entered 2019 with 17 active rigs and exited with 12 rigs. West Virginia, on the other hand, entered 2019 with 15 rigs and exited the year with the same number. But at one point during the year WV had 21 active rigs. We have the monthly rig stats below for all three states.
Read More “Marcellus/Utica Rig Counts 2019 – The Trend was Not Our Friend”

West Virginia’s co-tenancy law was signed into law by Gov. Jim Justice in March 2018 (see
The rig count in the Marcellus/Utica region is crashing–down to its lowest level for a December since the M-U became a “thing.” It’s now lower than the levels reached in 2014, which was the advent of the first “crash” in rig counts. BUT (and this is a big BUT), lower rig counts do not necessarily mean less drilling or less production. How can that be?
A group of 10 community colleges scattered throughout southwestern Pennsylvania, eastern Ohio and northern West Virginia have formed the Tristate Energy and Advanced Manufacturing Consortium, or TEAM, with the aim of training skilled workers for cracker plants and other petrochemical-related manufacturing operations. The cooperative has crafted a “stackable-credentials model” that offers “a career pathway from certifications to post-secondary degrees, up to and including a master’s degree.” Forwarding thinking!
The Route 2 | I-68 Authority in West Virginia wants to expand Route 2 to four lanes from Parkersburg, WV to Chester, WV, and to extend Interstate 68 from I-79 near Morgantown, WV westward to WV Route 2 along the Ohio River Valley, some 73 miles (see
It seems like MDN has reported on the possibility that an ethane cracker plant would get built somewhere in West Virginia forever–at least back to 2013 when then-Gov. Earl Ray Tomblin went to Europe looking for a cracker (see
Not long ago we highlighted the problem of falling severance tax revenue in West Virginia (see
The Appalachia Development Group (ADG) is leading an effort to build a ~$3.3 billion NGL storage hub in Appalachia. From the start, the thinking has been the storage hub would be located somewhere in West Virginia (see
Last week the West Virginia Oil and Natural Gas Association (WVONGA) held its two-day 2019 Fall Meeting in Morgantown. We previously reported talk about WV’s new co-tenancy laws dominated the first day (see
West Virginia’s new co-tenancy law is working, according to speakers at the West Virginia Oil and Natural Gas Association (WVONGA) 2019 Fall Meeting held yesterday and today. Several speakers from major WV drillers, including Antero Resources and CNX Resources, sang the praises of the new co-tenancy law. WVONGA executive director Anne Blankenship also sang its praises, but said there’s still a few things to work out before the new law is “fully understood.”
We often spot stories in the press about the price of natural gas for end-user customers going down. A utility here and a utility there will announce a rate reduction. Most of the time we don’t bring you those kinds of stories because they’re pretty common. However, we spotted a story that’s different. The Public Service Commission in West Virginia says natural gas utility companies that serve 91% of the gas customers in the state have filed requests to LOWER the rates they charge for their gas–thanks to abundant supplies of Marcellus Shale gas being extracted in the state.
We spotted an interesting op-ed column written by Anne Blakenship, executive director of the West Virginia Oil and Natural Gas Association (WVONGA). The column is titled “WVONGA committed to fighting climate change.” In it, Anne not only reiterates our industry’s long-running stance of being good environmental stewards, she also stats flatly that “climate change is a real, substantial challenge,” by which she means man-caused global warming. Houston, we may have a problem.
We have, for years, brought you arguments about the superiority of an impact fee over a severance tax (see
Yesterday the Consumer Energy Alliance (CEA) released its West Virginia Emissions Brief (full copy below) which shows significant emissions reductions and environmental improvements made across the state. This brief further demonstrates that states can reap the rewards of energy production while practicing sound environmental stewardship simultaneously. Although West Virginia is now the seventh-largest natural gas producer in the country and one of the largest consumers of energy per capita, statewide carbon dioxide emissions have fallen 64% since 1990. And Sulfur dioxide emissions are down 94%!