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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pennsylvania | Pipelines | Regulation | Statewide PA

    PA Democrat In-fighting re Member of Wolf’s Pipeline Task Force

    August 31, 2015August 31, 2015

    The UninvitedThis story is amusing–PA Democrat infighting over the composition of the PA Gov. Tom Wolf’s Pipeline Infrastructure Task Force. You’ll recall we brought you Wolf’s announcement that the PennFuture Secretary of the Dept. of Environmental Protection, John Quigley, would head a new task force to oversee (i.e. slow down) the development of local shale gas gathering pipelines (see Disaster on the Horizon: PA Gov Wolf Creates Pipeline Task Force). In July the DEP announced the list of 42 members of the Task Force, one-third of whom work for Wolf in state government jobs (see PA Gov Wolf Packs Pipeline Task Force with His Own Minions). What we didn’t know is that apparently there was at least one anti-fossil fueler who is so extreme, not even PennFuture’s own John Quigley wanted him on the task force. Scott Cannon, from Luzerne County, PA, was originally invited to be a member of the task force. Cannon is well known as an anti-driller in NEPA, running around with a video camera shooting anti-fracking propaganda films. It seems Cannon’s name somehow got on the list to be invited, and then, suddenly, he was uninvited. All signs point to Quigley, a fellow liberal Democrat, as the one who did the uninviting…
    Read More “PA Democrat In-fighting re Member of Wolf’s Pipeline Task Force”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA DEP Increases Inspections, but Fewer Violations Issued in 2015

    August 31, 2015August 31, 2015

    looking under rocksWith fewer new wells being drilled in Pennsylvania, and more inspectors added to the roles at the Dept. of Environmental Protection (DEP), as you might expect, there have been more inspections of existing/older gas and oil wells. In fact, the DEP has conducted 1,700 more inspections over the first seven months of 2015 than they did in 2014. The oil and gas division of the DEP has added 25 new employees in the past 12 months–even though drilling activity has gone down. Typical government boondoggle. You can’t hire people and give them nothing to do. Well, you can, but that doesn’t look good for a new governor. So the DEP has hauled out the magnifying glass to look under every rock on the well pad. And what have they found? Despite 16% more inspections of shale operations this year, the total number of violations has gone down–from 283 violations for the first seven months of 2014, to 205 violations for the first seven months in 2015. However, violations for conventional drillers over the same period have gone up…
    Read More “PA DEP Increases Inspections, but Fewer Violations Issued in 2015”

  • Anti-Drilling/Fossil Fuel | Energy Services | Industrywide Issues | Litigation | Pennsylvania | Pipelines | Statewide PA | Sunoco Logistics

    Philly Clean Air Council Sues to Stop Mariner East 2 Pipeline

    August 31, 2015August 31, 2015

    lawsuitThe Philadelphia-based anti-fossil fuel group Clean Air Council has announced through their media/public relations mouthpiece (the taxpayer-funded PBS StateImpact Pennsylvania) that they’ve launched yet another frivolous lawsuit–this time against Sunoco Logistics and their Mariner East 2 pipeline plan. Clean Air Council has launched so many lawsuits against the oil and gas industry we’ve lost count of the number. The Clean Air Council, once called The Delaware Valley Citizens’ Council for Clean Air, is a non-profit (i.e. non-taxed) group engaging in political activity in violation of their non-profit charter–yet government officials ignore those violations. The Clean Air Council, without standing, filed a lawsuit in the Philadelphia Court of Common Pleas (the lowest trial court, essentially what other states call county court), charging that Sunoco Logistics, contrary to decades of accepted recognition as a public utility in Pennsylvania, is not actually a public utility and therefore cannot assert eminent domain against a few holdout landowners who refuse to allow the Mariner East 2 pipeline to be placed next to the existing Mariner East 1 pipeline already crossing their land…
    Read More “Philly Clean Air Council Sues to Stop Mariner East 2 Pipeline”

  • Economic Impact | Electrical Generation | Industrywide Issues | Jobs | Research

    Study Finds Dire Consequences if New England Pipelines Not Built

    August 31, 2015August 31, 2015

    dire consequencesThe New England Coalition for Affordable Energy, a pro-fossil fuel group backed by business groups and unions in throughout all six New England states, issued the results of a study they commissioned that asks the question, What will happen in New England if energy infrastructure, like natural gas pipelines, does not get built? The study, titled “The Economic Impacts of Failing to Build Energy Infrastructure in New England” (full copy below), finds the impacts–if these projects are not built–are dire: Electric ratepayers will pay $5.4 billion in higher electricity costs; 52,000 private sector jobs will be lost; household spending will go down a collective $12.5 billion; $9 billion of investment and 115,600 jobs that would have been created by such projects will never happen; and the list goes on. Here’s the announcement and summary of the findings, followed by a full copy of the study…
    Read More “Study Finds Dire Consequences if New England Pipelines Not Built”

  • Industrywide Issues | Jobs | Ohio | Statewide OH | Statewide WV | West Virginia

    Ohio Valley Unions: Employ Locals First Before Importing Workers

    August 31, 2015August 31, 2015

    unionOnce again the issue of “foreigners” taking jobs away from “locals” is rearing its ugly head. Over the past few years the pace of drilling and the construction of infrastructure like pipelines and compressor stations has been so rapid, the fact that companies import experienced workers from other states like Texas, Oklahoma and Louisiana didn’t seem to bother anyone. Now that drilling rigs are being laid down and pipeline construction is slowing, local union workers who are out of work are questioning why they don’t get the remaining jobs first, ahead of the out-of-towners…
    Read More “Ohio Valley Unions: Employ Locals First Before Importing Workers”

  • Industrywide Issues | Regulation | Statewide WV | West Virginia

    WV Commission Meets 2nd Time; New Shale Regs Under Consideration

    August 31, 2015August 31, 2015

    regulationThe 19-member West Virginia Oil and Natural Gas Industry Safety Commission, a group created by an executive order from Gov. Earl Ray Tomblin, met for the first time on August 13 (see WV Shale Drillers: New Safety Regs on the Way in 2016). The Commission has a November 16 deadline to propose new rules and regulations that will be considered in the 2016 WV legislative session. The group is not letting any grass grow under its feet. They met for a second time last Wednesday…
    Read More “WV Commission Meets 2nd Time; New Shale Regs Under Consideration”

  • Belmont County | Industrywide Issues | Ohio | Supply Chain | Utica Shale

    OH Oilfield Services Co Opens New Branch in Belmont County

    August 31, 2015August 31, 2015

    Belmont County mapThere is no disputing that Belmont County, Ohio is “the core of the core” when it comes to Utica Shale methane production, as evidenced by the latest quarterly production report issued last week by the Ohio Dept. of Natural Resources (see OH Utica Production for 2Q15 Breaks Record – Highest in 100 Years!). An incredible 23 of the top 25 producing wells in Ohio during 2Q15 were located in Belmont County. So it’s no surprise that a specialty oilfield services company, Stonebridge Oilfield Services, with headquarters in Marietta, Ohio, is expanding by adding a new operation in Barnesville, Belmont County…
    Read More “OH Oilfield Services Co Opens New Branch in Belmont County”

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

    Obama’s CPP Targets Not Just Coal, but NatGas for Termination

    August 31, 2015August 31, 2015

    get involvedIt is time to get involved in the fight to end climate change madness that has metastasized in the brains of lunatic Democrats like Barack Hussein Obama. Paul Driessen, senior policy adviser for the Committee For A Constructive Tomorrow (CFACT) which sponsors the All Pain No Gain petition against global-warming hype, and a senior policy adviser to the Congress of Racial Equality, and author of Eco-Imperialism: Green Power – Black Death, writes in a new column that there ARE climate issues we need to fix: the climate of fraud, corruption, and policies that kill jobs, hope and yes, kill people too. Paul doesn’t hold back. He has analyzed Obama’s recently released Clean Power Plan (CPP) and finds that if Obama’s plan is allowed to stand, it will limit the use of natural gas in electric power plants by 22% above 2012 levels until 2022, and after that, it limits natgas to only a 5% increase. In other words, Obama wants to choose how the electricity you use gets generated, instead of letting the free market choose. It’s obscene. It’s tyranny. It’s dictatorial. And, frankly, it’s un-American. Here’s how Paul’s latest column begins…
    Read More “Obama’s CPP Targets Not Just Coal, but NatGas for Termination”

  • About MDN | Calendar

    Calendar of Events for Aug 31 – Nov 30 (90 Days)

    August 31, 2015August 31, 2015

    Below are upcoming events for the next three months (90 days). To see the full list of future events, visit this page: //marcellusdrilling.com/calendar/.

    NOTE: To have an item included, please email it to: calendar@marcellusdrilling.com.
    Read More “Calendar of Events for Aug 31 – Nov 30 (90 Days)”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Mon, Aug 31, 2015

    August 31, 2015August 31, 2015

    The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:
    Read More “Marcellus & Utica Shale Story Links: Mon, Aug 31, 2015”

  • Industrywide Issues | Ohio | Research | Statewide OH

    OH Utica Production for 2Q15 Breaks Record – Highest in 100 Years!

    August 28, 2015August 28, 2015

    record breakingYesterday the Ohio Dept. of Natural Resources (ODNR) released quarterly production numbers for second quarter 2015 for OH’s Utica oil and gas wells. The report shows 5.6 million barrels of oil and 221 billion cubic feet of natural gas were produced in 2Q15. According to the ODNR, these numbers break all previous production reporting records for the last 100 years! Numbers for 1Q15, by comparison, were 4.4 million barrels of oil and 183.6 billion cubic feet of natural gas. Below we have the ODNR’s high level overview of the numbers, along with our own analysis showing: the top 25 producing gas wells, the top 25 producing oil wells, and then the top 25 gas and oil wells as ranked by average production per day. There is a difference! The longer an oil or gas well is online, the less it produces. Newer wells produce more. So we show you which wells are not just producing the most quantity overall, but which wells are producing at the fastest (most productive) rates–even if they haven’t yet been online a full three months (91 days). We also include a link to the complete list of 1,020 wells that had at least some Utica oil or gas production in 2Q15 in a more usable format than that provided by the ODNR…
    Read More “OH Utica Production for 2Q15 Breaks Record – Highest in 100 Years!”

  • Energy Companies | Halcon Resources

    Halcon Resources Put on Notice by NYSE; Refi Debt at Higher Rate

    August 28, 2015August 28, 2015

    trouble ahead signHalcon Resources, with with some 140,000 net acres in the Ohio Utica Shale, said in January they would not do any Utica drilling in 2015 (see Halcon Resources: Slashes Drilling Budget 50%, No Utica for 2015). In February on an analyst call, Halcon’s colorful CEO, Floyd Wilson, responded to a question from one of the analysts asking about the company’s Utica program by responding with a wisecrack (see Halcon CEO Floyd Wilson: “What’s the Utica?”). Halcon guessed wrong about the Utica and leased acreage in the northern part of the play where production is not as great. Also in February, Halcon appeared on David Fessler’s oil and gas company “death list” of companies that a debt ratio of 4 times or higher earnings (see 19 Oil/Gas Companies on “Death List” – 8 are in Marcellus/Utica). Halcon issued a press release yesterday to say: (a) they’ve refinanced $1.02 billion worth of outstanding IOUs with a third lien, forced to pay 13% interest on notes that previously had interest rates ranging from 8.875% to 9.75%; and (b) Halcon has been put on notice by the New York Stock Exchange that because the company’s stock has slipped below $1 per share, they are in danger of being de-listed by the exchange. That is, Halcon’s stock will have to trade on the Pink Sheets as a penny stock unless they can, in the next few months, get the average per share price above $1 again…
    Read More “Halcon Resources Put on Notice by NYSE; Refi Debt at Higher Rate”

  • Anti-Drilling/Fossil Fuel | Apex Energy | Energy Companies | Industrywide Issues | Litigation | Pennsylvania | Regulation | Westmoreland County

    SWPA Town Requires Full EIS Before Drilling can Commence

    August 28, 2015August 28, 2015

    court gavelA potentially troubling development in Penn Township (Westmoreland County), PA. Apex Energy had a permit from the PA Dept. of Environmental Protection to drill a Marcellus Shale well in Penn Twp. An anti-drilling group called Protect PT filed a lawsuit against the town for allowing the well to be drilled with first requiring a full environmental impact statement (EIS)–something that drives up the cost of drilling a well. The town caved to pressure and withdrew permission to drill, so Apex also sued the town. A deal has been worked out. Apex will have to pay for and conduct an EIS, and then they will be allowed to drill. Other towns populated with anti-drillers are catching wind of it and eyeing it as a potential way to slow or stop drilling in their towns…
    Read More “SWPA Town Requires Full EIS Before Drilling can Commence”

  • Antero Resources | Chesapeake Energy | CONSOL Energy | Energy Companies | Rex Energy | Rice Energy

    “Short Selling” – An Important Signal for Marcellus-Related Companies

    August 28, 2015August 28, 2015

    short sellingWelcome to Friday. It’s time for a brief tutorial on “short selling” or “going short” in the stock market. Even if you don’t participate in the stock market, you need to pay attention if you work for a Marcellus driller or other publicly traded company that sells to or is part of the industry. You also need to pay attention if you are leased with a Marcellus driller. A company’s stock price is key to the value of the company–something called its market capitalization. The more a company is worth (the more “market cap” it has) the more it can borrow when it needs to for things like drilling new wells. A bigger market cap also means a company can borrow money at a lower interest rate (more collateral/value, less risk). Let’s take a look at the recent market gyrations and how those gyrations have encouraged something called short selling of Marcellus-related stocks…
    Read More ““Short Selling” – An Important Signal for Marcellus-Related Companies”

  • Industrywide Issues | Pennsylvania | Regulation | Research | Statewide PA

    Quigley Believes Study that PA Will Fry from Global Warming by 2050

    August 28, 2015August 28, 2015

    stupid people are dangerousA hilarious “Boo! Scared Ya” report has just been issued by the brainiacs at Penn State that says Pennsylvanians are all going to fry by 2050 because of mythical man-made global warming. Never mind these are the same people who have made the same predictions going back 25 years (average temps haven’t gone up now for 18 years and counting). Never mind these are the same people who can’t predict the weather next week, let alone 35 years from now. We’re just supposed to believe them because they have letters after their names, supposedly indicating they’re smart. One person has fallen for this erroneous garbage: the PennFuture Secretary of the Dept. of Environmental Protection, John Quigley. Unfortunately Quigley has the power to make drillers’ lives miserable by enacting draconian regulations to control their activities because he believes in the fairy tale of global warming. That not only makes him stupid, it makes him dangerous…
    Read More “Quigley Believes Study that PA Will Fry from Global Warming by 2050”

  • Industrywide Issues | Litigation | Regulation

    EPA’s Draconian WOTUS Rule Blocked by Federal Judge

    August 28, 2015August 28, 2015

    cease and desistIn May, MDN told you the maddening news that the federal Environmental Protection Agency had, once again, illegally grabbed power not granted to them under the Constitution by redefining what are “waters of the United States” (see EPA Power Grab: Redefines Waters of the U.S. to Include Everything). Every minor mud puddle will be regulated by the EPA under the new WOTUS rule issued by the agency. Some 13 states sued to stop the rule. The WOTUS rule was slated to go into effect beginning today, but a federal judge in North Dakota blocked it at literally the eleventh hour. The judge’s action stops WOTUS cold until the lawsuit filed by the states can work its way through court. This is fantastic news for drillers across the country as the EPA was surely aiming to further regulate oil and gas drilling using the back door of the WOTUS rule, although we’re not out of the woods yet…
    Read More “EPA’s Draconian WOTUS Rule Blocked by Federal Judge”

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