18 New Shale Well Permits Issued for PA-OH-WV Jun 9 – 15
It’s not often this happens. Last week, for the week of Jun 9 – 15, only Pennsylvania issued new permits to drill shale wells. Neither Ohio nor West Virginia issued any new shale permits. Bummer. PA issued 18 new permits last week. Eight of the permits went to Pennsylvania General Energy for a single pad in Lycoming County. Another six permits went to Range Resources for a single pad, also in Lycoming County. Ergo, 14 of the 18 permits were issued in Lycoming County. Read More “18 New Shale Well Permits Issued for PA-OH-WV Jun 9 – 15”

Last week, MDN told you that EQT’s vice president of midstream, Robert Wingo, was moving on to another job (see
Recent actions taken by the Federal Energy Regulatory Commission (FERC) appear to be quite significant, yet it has not received any media attention. On June 18, FERC took several actions to remove regulatory obstacles and therefore speed up the construction of needed natural gas infrastructure projects in the United States. FERC issued a blanket waiver (valid for the next two years) of its Order No. 871, which has allowed Big Green to block the construction of pipeline projects while rehearing requests are being handled. The result has been to delay projects by years while Big Green ties up such projects with endless appeals. Waiving Order No. 871 frees up FERC personnel to go ahead and issue orders to allow projects to begin construction.
Commonwealth LNG received major news this week from two different government agencies. The first bit of news was a final authorization from the Federal Energy Regulatory Commission (FERC) to proceed with building the $11 billion project in Cameron, Louisiana. The second bit of news was a final authorization to export to countries without a free trade agreement (FTA) with the United States, granted by the Department of Energy (DOE). Commonwealth still plans to make a final investment decision (FID) on the project in the third quarter of this year.
Energy Transfer (ET) is a major energy infrastructure company based in Dallas, Texas, owning and operating one of the largest and most diversified portfolios of energy assets in the United States. It is a publicly traded master limited partnership with a vast network of pipelines and associated infrastructure, transporting a variety of energy products (natural gas, NGLs, oil, refined products) across the country. In our region, ET built and operates the Rover Pipeline, Mariner East, Revolution, and various refined products (gasoline, oil) pipelines. Big company. Important company. However, it wasn’t always this large and significant. How did it get that way? 
Every now and again, the left will deal honestly with energy issues. It’s rare, but it happens. Recently, a journalist for Canary Media made the following stark admission in an article: “Even before Trump and fellow Republicans began pulling the financial rug out from under the industry, green hydrogen megaprojects were collapsing.” He goes on to list the evidence for “green” hydrogen’s collapse—prior to Trump and the Republicans coming into power in January.
MARCELLUS/UTICA REGION: OCC fights FirstEnergy bid to block testimony in scandal hearing; OTHER U.S. REGIONS: In search of the New York Climate Act safety valve; NATIONAL: Methane-powered sea spiders found crawling on the ocean floor; USGS touts potential oil and gas resources beneath public lands; INTERNATIONAL: Middle East tensions keep oil volatile; Crude spike from Israel-Iran war likely short-lived as supply adjusts; China vs. U.S. – AI supremacy requires reliable electricity; If we want to beat China, we must build American energy, fast; Canada could produce first LNG by this weekend, sources say; Nigel Farage says net zero could be ‘next Brexit’ and win Reform elect; The hidden price of “cheap” Russian gas; Geopolitical premium keeps oil elevated; Trump signals holding off Iran strike to give diplomacy time.
Today, June 19th, is a stock exchange and bank holiday. Juneteenth is a federal holiday in the U.S. commemorating the emancipation of enslaved African Americans. Juneteenth marks the anniversary of the announcement of General Order No. 3 by Union Army General Gordon Granger on June 19, 1865, proclaiming freedom for enslaved people in Texas. Originating in Galveston, the holiday has been celebrated annually on June 19 in various parts of the United States, often marking a broad celebration of African-American culture. The day was first recognized as a federal holiday in June 2021, when President Joe Biden signed the Juneteenth National Independence Day Act into law. As with other bank holidays, and as we have been doing since 2022 (our fourth year), MDN will not publish today to honor and commemorate the Juneteenth holiday.
In yesterday’s MDN post about the spike in the NYMEX futures price for natural gas, MDN told you that traders were targeting the next significant trading target to be $3.84/MMBtu (see
We previously reported that following some intense conversations between President Trump and New York Governor Kathy Hochul, she caved and according to the White House agreed to allow two long-stalled pipeline projects—the Constitution and the Northeast Supply Enhancement (NESE)—to get built in NY in return for Trump allowing her to continue to sink $5 billion into an offshore wind project (see
It’s not a good look for New York State that not long after Governor Kathy Hochul made a deal with President Trump to allow two natural gas pipelines to get built in return for allowing an offshore wind farm, the state legislature passed a bill that essentially spits in the face of the natural gas industry in the state. The Assembly passed A8888, already approved by the Senate as S8417, which forces new homes and businesses that want to connect to the natural gas line that runs down their street to pay the full cost of connecting—$10,000 or more. Meaning if Gov. Hochul signs it, no new natural gas customers will be added anywhere in the state. It is a de facto ban on connecting new customers to use natural gas in the so-called Empire State.
Permitting reform—shortening the amount of time and eliminating some of the onerous regulations that stand in the way of permitting new energy projects—has been a hot topic for at least the last three years, if not longer. Before leaving the Senate last year, West Virginia’s then-Senator, Joe Manchin, tried to get a bill passed to address permitting reform (see
Cayuga Station, owned by Duke Energy, is a three-unit coal-fired power plant built between 1970 and 1993 in Vermillion County, Indiana. The existing plant produces as much as 1,040 megawatts (MW) of electricity. Duke recently filed a request with the Indiana Utility Regulatory Commission (IURC) for permission to build two new gas-fired plants at the Cayuga site to replace the coal-fired units (see
A month ago, NRG Energy announced a deal to acquire LS Power’s portfolio of natural-gas power plants in a deal valued at roughly $12 billion, including debt, that will expand NRG’s footprint in Texas and along the East Coast (see
Marcellus/Utica molecules may be heading to Malaysia. Commonwealth LNG yesterday identified PETRONAS LNG Ltd., a subsidiary of Malaysia’s national oil and gas company, as the major Asian energy company referenced in the company’s May 5 announcement of a buyer to purchase 1 million tonnes per annum (MTPA) of LNG for 20 years from Commonwealth’s 9.5 MTPA facility under development in Cameron, Louisiana. Commonwealth LNG currently has 4 MTPA of offtake under long-term agreements. The company expects to finalize all of the deals it needs before making a final investment decision (FID) in Q3 2025. The Commonwealth facility targets its first LNG production in 2029.