Diversified Produces More Gas in WV Than Any Other State; Eyes LNG

WV News recently interviewed two high-level employees of Diversified Energy—Darren Gibbs, vice president of marketing, and Ron Ridgway, executive vice president for energy marketing. While we expected the typical expressions of support for the company and the oil and gas industry, we were delighted to gain some insights into the company’s thinking and strategy that we did not previously know. We were also surprised to learn that Diversified produces more natural gas in West Virginia than it does in any of the other states where it operates. Read More “Diversified Produces More Gas in WV Than Any Other State; Eyes LNG”

The lawfare battle brought by radical green groups in New Jersey, including Food and Water Watch, the NJ Highlands Coalition, and the Sierra Club, aimed at overturning the decision to permit and build an electric compressor station and a pipeline that connects to it, is over. Done. Finished. Can we please stick a fork in it? We’re talking about the battle to block a compressor project in West Milford, NJ, part of Kinder Morgan’s Tennessee Gas Pipeline (TGP) East 300 expansion project, an upgrade of TGP to deliver an extra 115 MMcf/d of natural gas to Consolidated Edison and its customers in New York City and surrounding suburbs. The radicals just flamed out in a NJ appeals court and have no options left to challenge it.
When referring to Big Green groups in Pennsylvania and elsewhere, we often label the groups as “colluding,” meaning they coordinate their legal and public relations attacks against fossil fuel companies. It is something we have long suspected but (unfortunately) can’t prove definitively. We had hoped Philadelphia Gas Works (PGW) was about to prove it (see
MDN recently brought you the news that the Trump administration was blocking cargoes of ethane to China (see
OTHER U.S. REGIONS: US proposes rules that could boost oil, gas output in US West; Elon Musk confirms buying overseas power plant, shipping it to Memphis for xAI; LNG boom hits a snag in Louisiana’s crowded waterways; NATIONAL: Dallas Fed energy survey shows oil, gas activity contraction; Imports made up 17% of U.S. energy supply in 2024, lowest in 40 years; Democrats retreat on climate; The OBBBA resets the energy policy playing field; INTERNATIONAL: Oil gains on Saudi price hike; Carney says new oil pipeline proposal in Canada is highly likely; Quebec to ‘carefully examine’ proposal for new LNG megaproject; Nova Scotia looking to revive offshore gas industry; The green lobby’s dishonest crusade for solar and wind.
For the week of June 23 – 29, the number of permits issued to drill new wells in the Marcellus/Utica rose slightly from the previous week. There were 27 new permits issued across the three M-U states last week, up three from 24 issued two weeks ago. The Keystone State (PA) issued 10 new permits. Six of the ten permits went to EQT for a single pad in Greene County. Two permits were issued to Range Resources for a pad in Washington County. And one permit each was issued to Coterra Energy in Susquehanna County (in Dimock!), and Infinity Natural Resources in Indiana County.
Quick! Somebody grab a tourniquet and tie it to the Baker Hughes U.S. rig count. The count has been hemorrhaging large numbers of rigs for 10 consecutive weeks. Last week (an early week with the count issued on Thursday), the U.S. rig count declined by another eight rigs to its lowest level since October 2021, ending the week at 539 active rigs. You have to go back to the dark days of the pandemic, July 2020, for the previous 10+ consecutive weeks of decline in the rig count. The Marcellus/Utica was clipped by one rig (in Pennsylvania), falling from a combined 36 to 35.
In April, MDN told you that EQT Corporation, the second-largest natural gas producer in the country (and the largest producer in the Marcellus/Utica) was buying out and merging in Olympus Energy for $1.8 billion (see
A kerfuffle has erupted in Morgan Township (Greene County), PA, between drilling and pipeline giant EQT Corporation and the town over the issue of hauling heavy equipment on Morgan’s roadways. Morgan supervisors prohibited EQT from using local town roads to haul heavy equipment to work sites. On June 18, EQT filed a lawsuit against the town, which the town is sure to lose (copy below). There is word that an agreement is already in the works to settle the dispute. 
The special court established in Pennsylvania to hear appeals of Department of Environmental Protection (DEP) decisions, known as the Environmental Hearing Board (EHB), didn’t please anyone with a decision it rendered several weeks ago. We previously reported that the EHB had ruled in favor of CNX Resources to allow two previously permitted wells to move forward with construction (see
Miracle of miracles, President Donald Trump’s One Big Beautiful Bill was passed and signed into law by the President last Friday. Somehow, the Republicans got out of their own way to unite and pass it. There’s lots NOT TO like about the bill, but there is also lots TO like. And remember, this is just the beginning. More bills (and Executive Orders) will come along. When the full effect of this bill begins to take hold and the economy soars and people are keeping more of their own money (less taxes), we predict not even the lying Democrats will be able to cover up the good news. The bill contains numerous provisions related to energy issues, including the oil and gas industry and the unreliable renewable energy sector. A significant portion of the bill focused on gutting President Autopen’s Green New Deal (also known as the Inflation Reduction Act). So, how will this bill (now a law) benefit the O&G sector?
Like most proud Americans, MDN is taking a break today, July 4th, to celebrate Independence Day. It is a day to enjoy parades, barbeques, fireworks, and baseball! Or camping, gathering with family and friends, and many other ways to celebrate. We hope you have a great day!
Lithium extracted from Marcellus shale wastewater (brine) has been in the news over the past week or so. Last week, we brought you the exciting news that a Boston-based company, Gradiant, is working on building a lithium production facility in an undisclosed PA location, which we were able to identify as Susquehanna County (see