Mgmt Musical Chairs at Eclipse, “Gen-3” Utica Wells Go Online
Two members of Eclipse Resources’ top management team are playing musical chairs as part of the company’s plan to “accelerate growth” in 2017. Tom Liberatore, currently executive VP and COO is dropping the COO title and becoming executive VP of corporate development and geosciences. Meanwhile, Oleg Tolmachev, currently senior VP of drilling and completions is becoming executive VP and COO. Tolmachev’s star is clearly rising and he is now the man running the Utica/Marcellus drilling program for the company. In the same press release, the company said it has now completed and brought online five Utica wells in Monroe County, OH. The wells are the first dry gas Utica wells to use Eclipse’s new “Gen-3” completion design. What is Gen-3? And what does the musical chairs at Eclipse have to do with Gen-3?…
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On Dec. 31, 2011, the Youngstown, OH area experienced a 4.0 earthquake that was later determined to be caused by a wastewater injection well (see 
In April 2015 the Obama administration’s U.S. Fish and Wildlife Service (USFWS) did a disservice to not only the drilling industry, but the wind industry, farmers and the construction industry. USFWS listed the northern long-eared bat as “threatened” under the Endangered Species Act (see 
As we reported in December, Ohio legislators sent Gov. John “foreigner hunter” Kasich a bill at the end of the year with provisions that clear up language regarding tax exemptions for the oil and gas industry (see 
Is it April Fool’s Day? Wait, no, it’s January 4th, not April 1st. But honestly, we thought it must be a joke to read that scientists doing “research” claim that living close to a fracking site will make you sick. Not from air pollution. Not from water pollution. But from noise pollution. Yep, loud noises nearby cause things like “stress” and “annoyance” and even diabetes (!) according to Physicians, Scientists and Engineers for Healthy Energy (PSEHE) and Michael McCawley, the interim chair of the Occupational and Environmental Health Department at West Virginia University. The study, titled “Public health implications of environmental noise associated with unconventional oil and gas development,” goes for the jugular–making a case for stricter regulations and larger setbacks (i.e. less drilling). Yet, the researchers don’t do any of their own in-the-field research! They rely on out-of-date research done by others. And they show no causal link between health impacts and shale drilling in the “study”…
In August 2015, MDN told you about a lawsuit brought by a group of left coast radicalized children who want to force the federal government to become communist and “force action” on mythical climate change (see 
A new study by researchers at the University of Chicago, Princeton University, and the Massachusetts Institute of Technology (MIT) finds that the benefits of fracking outweigh the costs. You read that right. Three big lefty schools have released a study saying fracking benefits everyone. “The Local Economic and Welfare Consequences of Hydraulic Fracturing” (full copy below) looked at nine different shale basins. The authors say fracking activity yields $1,300 to $1,900 per year on average to each household in those basins. That’s a $64 billion yearly benefit–from fracking. So says the libs. Fracking benefits include, “a 7 percent increase in average income, driven by rises in wages and royalty payments, a 10 percent increase in employment, and a 6 percent increase in housing prices.” It is the largest and most comprehensive study of its kind…
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: NEXUS Pipeline route stays same in Wayne County; Muskingum U o&g program meets critical need; Atlantic Coast Pipe a huge win for WV; nagas prices drop like a rock in the forward market; natgas poised for “bigger things” in 2017; 5 biggest o&g acquisitions of 2016; new value add tech line for Carbo Ceramics; Basic Energy stock begins trading on NYSE again; Williams thesis for 2017; and more!
What a way to ring in the New Year. Some 16 different fire departments were called out to a 4-alarm fire at Rice Energy’s Papa Bear well pad in Somerset Township (Washington County), PA, on January 1st. Rice contractors were in the process of fracking the Papa Bear well pad on Sunday afternoon (yes, gas workers work on Sundays and holidays!) when one of the 20 pumps being used experienced “equipment failure.” Fortunately, no one was injured. The blaze ended up ruining six of the 20 pumps, and damaging four pumper trucks. When nearby neighbors heard an explosion and saw black smoke, they “self evacuated” and got out of Dodge quick. Smart neighbors! The Pennsylvania Dept. of Environmental Protection (DEP) is on the scene investigating and Rice does not yet have an estimate for when operations will resume at Papa Bear…
On the last business day of 2016, the Federal Energy Regulatory Commission (FERC) issued a favorable final environmental impact statement (EIS) for the Williams Atlantic Sunrise Pipeline (see today’s companion story). Not to be confused with that project, also on the last business day of the year, FERC issued a favorable draft (not final, but draft) EIS for the $5 billion, 594-mile Dominion Atlantic Coast Pipeline project. This is a huge milestone and an indication that FERC will later issue a favorable final EIS, and then a certificate to allow the project to get built. FERC cautioned there is still more work to be done by Dominion to complete field surveys and submit proposals on certain issues that need to get resolved. However, the draft EIS says based on what they see so far, FERC has confidence that Dominion can minimize damage to the environment in building the pipeline. Of course the childish antis came out of the woodwork to begin bleating and blatting, as they so often do, that they pipeline will kill everyone and everything in its path. Typical…
In September, MDN brought you research on 10 of the largest Marcellus/Utica drillers that have “hedged” their 2017 production (see 
In December MDN told you that anti-fossil fuelers who oppose Sunoco Logistics Partners’ Mariner East 2 Pipeline were making a last, desperate attempt to stop the project by appealing an eminent domain case to the Pennsylvania Supreme Court (see 
In April 2016 MDN told you about the Guernsey Power Station–a new Utica/Marcellus natural gas-fired electric generating plant proposed for Guernsey County, OH (see 