Mountaineer Keystone Renames Itself Arsenal Resources
In October 2014, Mountaineer Keystone, a pure play Marcellus/Utica driller headquartered in Pittsburgh, bought out PDC Mountaineer for half a billion dollars, creating a company with 181,000 net acres totally focused on the northeast (see Major New Player in the Marcellus Emerges: Mountaineer Keystone). Mountaineer Keystone got its start in 2010 when founder/CEO Rob Kozel formed the initial management team from former Texas Keystone people. In 2011 the company took a boatload of money from First Reserve, an energy investment firm. We don’t have the back story, but in November 2015, Mountaineer announced that Kozel was out as CEO, and in his place the board has selected David Wood, the current Chairman of the Board at Mountaineer Keystone (see Shake-up at the Top of Marcellus Driller Mountaineer Keystone). Last Friday Mountaineer changed its name–to Arsenal Resources…
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As we reported last week, a small group of anti-fossil fuelers were planning on grabbing their sleeping bags and heading to Amish country for a sleepover at the Magic Tree House (see
On Friday midstream (pipeline) company Spectra Energy issued its fourth quarter and full year 2016 update. At the end of update, Spectra provides details on projects it will complete in 2017, those in development to be completed in 2018, and the final category of projects “in development.” It is that last one that caught our eye, because there is one project listed: Access Northeast, the pipeline project Spectra wants to build to bring more Marcellus/Utica shale gas to New England. Our quick take of what Spectra said: When the New England states get their heads out of their…lobster brisket…and pass laws and regulations getting on the same page, we’ll be here ready to build the project and make it happen. That is, Spectra has not given up on Access Northeast–and neither should we. Here’s the expansion projects update section, which includes not only the update for Access Northeast, but details for other projects located in the Marcellus/Utica region…
PennEast Pipeline, to their credit, is done being silent when it comes to the lies and distortions of groups like the radical (and lying) New Jersey Sierra Club. Recently PennEast called out the Sierra Club (and THE Delaware Riverkeeper) for their lying ways, without using the word “liar” (see
Maryland’s heavily Democrat legislature is doing its best to slap a permanent ban on fracking in the state (see
We’ve heard of concerns that there may be a shortage of sand used for fracking in the near future–right here in the Marcellus/Utica. We then spotted a story about an impending sand shortage by the Reuters news agency (below). It takes something like an average of 11 million pounds to frack a well. Chesapeake Energy experimented with pushing the envelope with a well in Louisiana by using 50 million pounds (see
Events related to drilling in the Marcellus and Utica Shale, primarily pro-drilling.
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: New subpoena for NY AG Schneiderman and his climate change communications in Exxon witch hunt; Utica region hotel up for auction; Mountaineer gas to infuse WV economy with money re pipeline; shale drilling on a roll as OPEC cuts keep oil prices above $50/barrel; but oil prices are now stuck in the $50s; inflation coming to the oil patch; what lies ahead for Statoil; and more!
You beg and plead and beg and plead. You come with your hat in your hand. You try to explain that no, the pipeline isn’t going to avoid your property, Mr. or Ms. Landowner. But some landowners refuse to negotiate. So the last resort option must be exercised. That’s the situation with Williams’ Atlantic Sunrise Pipeline in several counties in Pennsylvania–including Lancaster, Lebanon, Columbia, Northumberland and Schuylkill. The Federal Energy Regulatory Commission (FERC) issued a final certificate for Atlantic Sunrise, allowing construction to begin, just two weeks ago today (see
In April of last year (2016), MDN brought you the story of earthquakes so minor nobody could feel them in Lawrence County, PA were likely caused by fracking (see
The Rockies Express Pipeline (REX), originally built from Colorado and Wyoming to Monroe County, OH to bring natural gas from west to east, last year reversed the flow for a large and important section of the pipeline. On August 1, 2015 the section of REX from Monroe County, OH to Mexico, MO reversed the flow and began to carry 1.8 billion cubic feet per day (Bcf/d) of Utica and Marcellus Shale gas to the Midwest, including to the greater Chicago area. REX has been hard at work on plans to expand capacity even more by beefing up compressor stations along portions of the pipeline. REX filed a plan with FERC to add another 800 million cubic feet per day (MMcf/d) of capacity along the same portion of the reversed pipeline–for a grand total of 2.6 billion cubic feet per day (Bcf/d). In mid-December, the first 200 MMcf/d of capacity came online (see 
Fossil fuel haters did their best to stop Dominion’s Cove Point LNG export facility in Lusby, Maryland. They sued (see
Ohio Gov. John “severance tax” Kasich is Johnny One Note when it comes to his desire to tax the Utica Shale industry and transfer their hard-earned money away to other people who didn’t earn it. In January, Kasich announced he would obstinately include a nosebleed-high Utica Shale severance tax (6.5%) in his biennium budget–again (see 
EPA swamp rats: prepare to be drained. Reuters is reporting from two difference sources that President Trump will sign several (up to five) Executive Orders to “reshape” the Environmental Protection Agency, once his pick to become Administrator, Scott Pruitt, is confirmed. That vote is expected today in the Senate. There is one turncoat–RINO Susan Collins from Maine (currently the worst Republican in the Senate, needs to be put out to pasture), who says she will vote against Pruitt (