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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | DTE Energy | Energy Services | Industrywide Issues | Litigation | NEXUS Pipeline | Pipelines

    Sierra Club Radicals Sue DTE Energy over NEXUS Pipeline

    November 21, 2016November 21, 2016

    lawsuitThe radicals at the Sierra Club are at it again. Causing private companies to expend big money to defend their Constitutional, capitalistic rights. The NEXUS Pipeline is a $2 billion, 255-mile interstate pipeline that will run from Ohio through Michigan and eventually to the Dawn Hub in Ontario, Canada. It is a critically needed pipeline to move Utica and Marcellus Shale gas from an over-saturated market in the northeast to markets in the Midwest and Canada. The Sierra Club has just sued DTE Energy, one of the sponsors of the project, falsely claiming DTE’s electric customers will end up paying more for electricity because of the pipeline…
    Read More “Sierra Club Radicals Sue DTE Energy over NEXUS Pipeline”

  • Crestwood Midstream | Energy Services

    Crestwood 3Q16: Turnaround Success, No Word on Finger Lakes LPG

    November 21, 2016November 21, 2016

    CrestwoodCrestwood Equity Partners (nee Crestwood Midstream) recently issued its third quarter 2016 update. In April Crestwood announced that New York City utility giant Consolidated Edison Inc. has formed a 50/50 joint venture to purchase ownership of pipelines and storage facilities in the PA and NY Marcellus region (see Utility Giant ConEdison Buys a Piece of the Marcellus Midstream). The newly formed jv, called Stagecoach Gas Services, became official in June (see Con Ed & Crestwood Seal the Deal on Marcellus Pipeline/Storage JV). Perhaps the biggest news is that Crestwood has turned things around financially. In 3Q15 they lost $634 million. In 3Q16 they made $3 million. That’s a huge turnaround year over year (2/3 of a BILLION dollars!). Stagecoach and other projects in the Marcellus/Utica get an update in this latest quarterly report from Crestwood. We also spotted a few interesting slides from the latest PowerPoint deck…
    Read More “Crestwood 3Q16: Turnaround Success, No Word on Finger Lakes LPG”

  • Anti-Drilling/Fossil Fuel | Dominion Energy | Energy Services | Industrywide Issues | North Carolina | Pipelines

    NC Antis Go on a “Prayer Walk” to Protest Atlantic Coast Pipe

    November 21, 2016November 21, 2016
    atlantic-coast-pipeline-nc
    Atlantic Coast Pipeline in NC – click for larger version

    As we get closer to deliverance from eight years of nightmarish hell under Barack Hussein Obama, anti-fossil fuel radicals are getting funnier. Small groups of “protesters” marched over the weekend in North Carolina to voice their opposition to Dominion’s Atlantic Coast Pipeline, a $5 billion, 594-mile natural gas pipeline that will stretch from West Virginia through Virginia and into North Carolina. The marchers were the usual collection of old hippies and young, impressionable know-nothings, spewing trite and meaningless phrases like “water is life.” The march was billed as “prayer walk,” although there wasn’t anything close to praying going on–at least not praying like you and I define it…
    Read More “NC Antis Go on a “Prayer Walk” to Protest Atlantic Coast Pipe”

  • Anti-Drilling/Fossil Fuel | Energy Companies | Exxon Mobil | Industrywide Issues | Litigation | New York | Regulation | Statewide NY

    MA & NY AGs Summoned to TX Court re Collusion in Exxon Witch Hunt

    November 21, 2016November 21, 2016

    jail cellIt’s about time! A U.S. District Court Judge in Texas recently granted Exxon the right to examine “internal phone records, other communications and depositions” of far-left Massachusetts Attorney General Maura Healey, related to her involvement in attempting to persecute Exxon Mobil for daring to say man-made global warming may not be all it’s cracked up to be (see Federal Judge Says MA AG Acted in “Bad Faith” re Exxon Witch Hunt). That’s not good for Ms. Healy. Now the Texas judge has gone one step further and has summoned Healey to Texas to be deposed, under oath. The same judge has told New York’s Attorney General, Eric “the schmuck” Schneiderman to “save the date”–he’ll be coming to Texas to testify too. Schnedierman and Healey’s collusion with Big Green groups to target Exxon has been well documented. Before this is all done, the two AGs may be staring at the rest of us through the bars of a jail cell, prosecuted as the climate mobsters they are. The witch hunters are now the hunted…
    Read More “MA & NY AGs Summoned to TX Court re Collusion in Exxon Witch Hunt”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pipelines

    Pipeline Anarchy – Exposing True Motivation of Pipeline Protesters

    November 21, 2016November 21, 2016

    anarchyPaul Driessen is senior policy adviser for the Committee For A Constructive Tomorrow (CFACT), which is sponsoring the All Pain No Gain petition against global-warming hype. He also is a senior policy adviser to the Congress of Racial Equality and author of “Eco-Imperialism: Green Power – Black Death.” Driessen writes and publishes in a number of venues, including Townhall. A recent article penned by Driessen (below) absolutely nails the anti-pipeline movement in our country. We’ve long known that antis moved from fracking to piplelines, figuring they could stop the use of fossil fuels if they can strangle the pipeline network necessary to move oil and gas to market. But as Driessen explains, the real root of this movement, the thing that motivates them more than anything, is not saving Mom Earth. It is the total annihilation of capitalism (and our country). That’s what drives these anti-pipeline fanatics…
    Read More “Pipeline Anarchy – Exposing True Motivation of Pipeline Protesters”

  • Earthquakes | Industrywide Issues | Research

    Study Claims Link Between Fracking & Earthquakes in W Canada

    November 21, 2016November 21, 2016

    fracking-and-earthquakes.jpgAnother week, another so-called research paper that purports to show a link between fracking and earthquakes. Two researchers at the University of Calgary looked at drilling and fracking of shale wells in Canada’s Duvernay Shale (western part of the country), looking for clues that might indicate fracking itself–if done near an underground fault–can lead to low-level earthquakes. The researchers claim they have found such a link–which is the first such study to make a connection between fracking and earthquakes. The researchers have just published “Fault activation by hydraulic fracturing in western Canada” (full copy below), in the journal Science. We have repeatedly reported, based on studies and observable facts, that disposing of high volumes of wastewater in injection wells near underground faults (large cracks in the rock layer) can lead to earthquakes. We’ve also chronicled that fracking directly over a fault can also lead to an earthquake–which has been documented to happen perhaps half a dozen times, ever, out of the hundreds of thousands of times wells have been drilled and fracked. Statistically zero. But this study claims there is a link and the inference is that fracking leads to more earthquakes that you may think. Should we be worried?…
    Read More “Study Claims Link Between Fracking & Earthquakes in W Canada”

  • Calendar

    Calendar of Events for Nov 21 – Feb 20 (90 Days)

    November 21, 2016November 21, 2016

    calendar.jpgEvents related to drilling in the Marcellus and Utica Shale, primarily pro-drilling.

    To have your event included (or if you are aware of a worthy event you believe should be on this page), please send the details and/or a link to have it included to the calendar@marcellusdrilling.com email address. Thank you!
    Read More “Calendar of Events for Nov 21 – Feb 20 (90 Days)”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Mon, Nov 21, 2016

    November 21, 2016November 21, 2016

    best of the restThe “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: Williams looking like a better investment; antis put on pathetically small dog & pony show in Baltimore; fracking in Florida; Dakota Pipeline won’t reroute around criminal protesters; the Obama rush to regulate oil & gas before he leaves office; coal on the ascendancy, may re-assume title of king for electric generation; former electric utility head may lead FERC; and more!
    Read More “Marcellus & Utica Shale Story Links: Mon, Nov 21, 2016”

  • About MDN | MDN Webinars

    Webinar Recording: The Moral Case for Fossil Fuels

    November 20, 2016November 28, 2016

    watch-replayIt was a pleasure having Alex Epstein, founder of the Center for Industrial Progress and author of the New York Times bestseller “The Moral Case for Fossil Fuels” present a webinar on Friday, Nov. 18 based on the themes found in his book. Alex addressed the MDN audience for over an hour. There was plenty of comments, questions and great information. We have a recording of the entire session. Give it a watch/listen below!…
    Read More “Webinar Recording: The Moral Case for Fossil Fuels”

  • Beaver County | Chesapeake Energy | Columbiana County | Energy Companies | Geopetro | Ohio | Pennsylvania

    Chesapeake Energy Sells 37K Acres & 32 Wells in OH Utica

    November 18, 2016November 18, 2016

    Chesapeake EnergyA small Worthington (Franklin County), OH driller, Geopetro, has just purchased 37,000 acres, 27 working shale wells and 5 not-yet-hooked-up wells from Chesapeake Energy for an undisclosed amount of money. The wells are located in Columbiana County, OH and Beaver County, PA. All but one of the wells are Utica wells. One of the wells is drilled to the Upper Devonian layer (above the Marcellus). The purchase is a big deal for the small Geopetro. It converts what until now has been mostly a conventional (shallow, vertical only) drilling company into primarily an unconventional/shale company. Welcome to the shale industry!…
    Read More “Chesapeake Energy Sells 37K Acres & 32 Wells in OH Utica”

  • Chesapeake Energy | Energy Companies

    Carl Ichan Sells Rest of his Chesapeake Stock, Good Riddance

    November 18, 2016November 18, 2016
    Carl-Icahn.jpg
    Carl Icahn – Evil Corporate Raider

    Now that the damage has been done, evil corporate raider Carl Ichan has sold off the rest of his Chesapeake Energy stock–completely exiting the company. The one solace we have is that Ichan didn’t make any money from his dalliance with the company. He lost something like over $1 billion, according to our best guess (back in 2014 it was already $633M, see Carl Icahn Has Lost $633 Million on Chesapeake Gamble…So Far). We’ve chronicled the rise and fall of Ichan, and of Chesapeake, over the past four years. The purpose of investing, for people like Ichan, is to seize control of the company, fire a bunch of people, sell off a bunch of assets, which leads to a rise in the stock price. Said corporate raider then sells his shares and makes boatloads of money. Except that didn’t happen with Ichan’s investment in Chesapeake…
    Read More “Carl Ichan Sells Rest of his Chesapeake Stock, Good Riddance”

  • Electrical Generation | Industrywide Issues | Pennsylvania | Statewide PA

    Philly Approves New Power Plant as Antis Throw Temper Tantrum

    November 18, 2016November 18, 2016

    crybabyTurns out anti-fossil fuel protesters, behaving like the petulant children they are, couldn’t stop the adults in the room last night in Philadelphia. You may recall we told you yesterday that wackos from a fringe-left group called 350 Philadelphia threatened to “swarm” a meeting of SEPTA (Southeastern Pennsylvania Transportation Authority) where a vote was scheduled on a plan to build a Marcellus gas-powered electric plant that would provide electricity to SEPTA’s northern Regional Rail lines (see Antis Plan to Shut Down Philly Transit Meeting re NatGas Powergen). The plan would mean lower carbon and other pollution, but because the fuel for the electric plant is Marcellus Shale gas, the wackos objected. It’s (gasp) a “fossil fuel.” Last night about 50 crazies showed up and began shouting like spoiled rotten children, to try and drown out the vote. But the vote was taken, and the plan to build the power plant was approved–unanimously…
    Read More “Philly Approves New Power Plant as Antis Throw Temper Tantrum”

  • Antero Resources | Energy Companies | Energy Services | Gulfport Energy | Industrywide Issues | Pipelines | Rice Energy | TC Energy/TransCanada

    3 M-U Drillers Benefit from TransCanada’s Failed Pipeline Plan

    November 18, 2016November 18, 2016

    three-3Earlier this week we ran the news that Canadian pipeline giant TransCanada’s plan to radically lower the cost to pipe natural gas from the western regions of Canada to the eastern part of the country, in an effort to undercut Marcellus/Utica gas from flooding into the region, failed (see TransCanada Plan to Lowball M-U Gas Using Canada Pipeline a Bust). As we have pointed out, the plan had the potential to suppress an important new market for our gas, and the pipelines that will supply it (see Will TransCanada’s Lower Pipeline Rates Jeopardize Nexus/Rover?). TransCanada’s plan falling apart is good news for the Marcellus/Utica. The Bloomberg news agency agrees and ran a story that says three M-U drillers in particular will benefit from TransCanada’s decision to abandon their lowball pipeline plan…
    Read More “3 M-U Drillers Benefit from TransCanada’s Failed Pipeline Plan”

  • Commodity Price | Crude Oil | Industrywide Issues | Research

    IEA World Energy Outlook: NatGas Demand Increases 1.5% per Year

    November 18, 2016November 18, 2016
    weo2016infographic
    Click for larger version

    Each year the International Energy Agency (IEA) issues a special World Energy Outlook report. The 2016 edition has just been published. This latest edition of the Outlook proclaims that renewables and natural gas are the big winners in meeting world energy demands from now until 2040. It also says “the era of fossil fuels appears far from over.” The Outlook predicts natural gas use will continue to rise, while coal will continue to fall. “We see clear winners for the next 25 years, natural gas, but especially wind and solar, replacing the champion of the previous 25 years, coal,” said Fatih Birol, IEA’s executive director. “But there is no single story about the future of global energy: in practice, government policies will determine where we go from here.” Birol also said global oil consumption will continue to increase between now and 2040. The Outlook sees natgas usage continuing to grow 1.5% per year, on average, for the next 25 years. Below is a press release about the report and a copy of the Executive Summary for the report. Sadly they don’t release the full report for free–it will cost you €120 (~$127) for the PDF version, and €150 (~$159) for a paper copy…
    Read More “IEA World Energy Outlook: NatGas Demand Increases 1.5% per Year”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pipelines

    Politically-Motivated New Jersey Rate Counsel in Bed with Anti-Drillers

    November 18, 2016November 18, 2016

    drain-the-swampEarlier this week MDN brought you the news that the New Jersey Division of the Rate Counsel (NJDRC)–a state government agency responsible for representing the interests of residents, businesses and other rate payers in dealing with regulated public utilities and insurance firms–responded to PennEast Pipeline’s release of a study obliterating the NJDRC’s claims that the pipeline isn’t needed (see Tit for Tat: NJDRC Responds to PennEast’s Devastating Refutation). The NJDRC filed their response with the Federal Energy Regulatory Commission (FERC). However, NJDRC also issued a press release summarizing their FERC response. The press release is instructive. It proves that the NJDRC is populated with Big Green political hacks and is colluding with Big Green organizations in their “impartial” mission to protect NJ ratepayers (NOT)…
    Read More “Politically-Motivated New Jersey Rate Counsel in Bed with Anti-Drillers”

  • Energy Services | Weatherford Intl

    Is Weatherford Intl the “Bernie Madoff” of Oilfield Services Cos?

    November 18, 2016November 18, 2016

    bernie-madoffLast week MDN brought you an article from the Seeking Alpha investors website, written by an analyst/investor pointing out the financial troubles at the world’s fourth largest oilfield services company, Weatherford (see Oilfield Srvs Co Weatherford in Financial Trouble). The investor writing the piece is “short” on Weatherford, meaning he’s invested money betting Weatherford’s stock price will go down–so there is a built-in conflict of interest in the article. But a few days after that article was published came the news that Weatherford’s CEO is suddenly gone (see Weatherford Fires CEO/Chairman, CFO Interim CEO), which seems to lend credibility to the Seeking Alpha writer’s thesis that the company is in trouble. That same writer is back with a new article–this one comparing Weatherford to fraudster and scam artist Bernie Madoff–seeking new money from investors to pay off previous investors. Strong words…
    Read More “Is Weatherford Intl the “Bernie Madoff” of Oilfield Services Cos?”

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