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

    PA Anti-Fossil Fuel Groups Praise Wolf/Quigley for Supporting CPP

    September 15, 2015September 15, 2015

    Frazier Crane I'm ListeningA group of hard-left environmentalist groups dedicated to the irrational idea of eliminating the use of all fossil fuels because they believe in the myth of man-made global warming are giving high praise to America’s most liberal governor, Tom Wolf, and Wolf deputy John Quigley (the PennFuture Secretary of the Dept. of Environmental Protection) for hosting a series of “listening” sessions in 14 PA locations. The sessions are meant to gather comment and support for draconian cuts in coal and natural gas-burning electric plants as part of Barack Hussein Obama’s Clean Power Plan (CPP). Yesterday a group of these nutters held a press conference (listen below) to praise Wolf/Quigley and to encourage the nutty faithful to turn out in force to support the equivalent of PA cutting it’s own economic throat. The organizations supporting the CPP and PA’s self immolation in the name of global warming include: Natural Resources Defense Council (NRDC), PennFuture, Clean Air Council, Moms’ Clean Air Force, Penn Environment, NextGen Climate America, Conservation Voters of PA, Clean Water Action, Voces Verdes, the Sierra Club, the Union of Concerned Scientists, and Audubon Pennsylvania. Please be sure you NEVER send any of them a dime…
    Read More “PA Anti-Fossil Fuel Groups Praise Wolf/Quigley for Supporting CPP”

  • Coterra Energy (Cabot O&G) | Energy Companies | Pennsylvania | Susquehanna County

    Latest Cabot Oil & Gas PowerPoint Presentation w/MDN Commentary

    September 15, 2015September 15, 2015

    simply the bestCabot Oil & Gas is one of the stellar success stories of the Marcellus Shale. They drill in a single northeastern Pennsylvania county–Susquehanna County (near where MDN is located). From that single county Cabot produces 1.7-1.8 billion cubic feet (Bcf) per day of natural gas. If you want to know how to “do it right” with shale drilling in the Marcellus–you watch Cabot. The company participated in the Barclays CEO Energy/Power Conference 2015 last week in New York City. We grabbed a copy of their PowerPoint presentation from that event and include it below, along with some of the insights we glean from reviewing the presentation…
    Read More “Latest Cabot Oil & Gas PowerPoint Presentation w/MDN Commentary”

  • Anti-Drilling/Fossil Fuel | Crude Oil | Industrywide Issues

    Antis Attempt to Scare Kids with Oil Train “Blast Zone” Propaganda

    September 15, 2015September 15, 2015

    The Twilight ZoneWarning: You’re now entering… the anti-fossil fuel Twilight Zone. An anti-fossil fuel group that calls itself ForestEthics last week launched what they hope will be a public relations sensation–a campaign to scare the wits out of every person in the country, particularly young children. Their angle? If a rail tanker car carrying crude oil passes anywhere within a mile of where you are–BANG!–it may blow up and if you’re within a mile, you’re in “the blast zone.” They’ve even produced a handy dandy online mapping app where you can plug in your address and see if you live or work or (shutter) go to school in a blast zone. DANGER WILL ROBINSON! RUN FOR THE HILLS!! Of course, this is just another anti-fossil fuel campaign aimed at taking us back to the Stone Ages where we all burn wood for fuel. Oh wait, that creates carbon–can’t do that! Better yet, let’s just extinguish all carbon-generating human life–we’re a just pestilence on precious Mother Earth, ya know…
    Read More “Antis Attempt to Scare Kids with Oil Train “Blast Zone” Propaganda”

  • Anti-Drilling/Fossil Fuel | Energy Services | Industrywide Issues | Medina County | NEXUS Pipeline | Ohio | Pipelines

    The CORNy CORN Maze from Ohio Anti-Pipeline Group CORN

    September 15, 2015September 15, 2015

    cornballsYou really can’t make this stuff up. CORN–the Ohio-based Coalition to Reroute Nexus (as in the NEXUS pipeline)–is holding a CORN maze for a fund-raiser. Could anything be CORNier? Of course, CORN is not really about re-routing the NEXUS pipeline to another area–it’s about stopping it altogether. Antis have a hard time telling the truth. It seems to be a congenital flaw. We’ve previously written about CORN on a number of occasions (see our CORN stories here). We encourage you to skip this particular CORN maze in Medina County–you don’t want to contribute money or moral support to these trouble-making CORNballs…
    Read More “The CORNy CORN Maze from Ohio Anti-Pipeline Group CORN”

  • Economic Impact | Industrywide Issues

    NJ NatGas Customers See Another Rate Drop, Down 47% Since 2009!

    September 15, 2015September 15, 2015

    rate decreaseNew Jersey natural gas customers of Public Service Electric and Gas Co. (PSE&G), the very people who will benefit from the proposed PennEast Pipeline, will see another 5.7% drop in their natgas bills this winter. PSE&G, which serves approximately three-fourths of all NJ residents, says because of the nearby Pennsylvania Marcellus Shale, since 2009 their natgas customers have seen a whopping 47% decrease in rates. That equates to an average savings of $792 per year! Thanks to the Marcellus Shale and the miracle of horizontal hydraulic fracturing, NJ’s air is cleaner, NJ consumers pay less for natural gas, and the gas is home grown energy from a neighboring state–providing jobs and making us more secure…
    Read More “NJ NatGas Customers See Another Rate Drop, Down 47% Since 2009!”

  • Industrywide Issues | Lease & Royalty Payments | Litigation | Ohio | Statewide OH

    Video: Update on DMA Cases Before Ohio Supreme Court

    September 15, 2015September 15, 2015

    court gavelFor several years a thorny legal issue in Ohio has been bubbling in the background–the Dormant Minerals Right Act (DMA). In a nutshell, there are two DMAs in Ohio–one passed in 1989 that went into effect in 1992, and another in 2006 which added certain additional procedural requirements to the 1989 version. The DMA in its various versions provides for mineral rights that had previously been separated from surface rights to transfer to the surface owner under certain conditions. The problem for both drillers and for landowners in Ohio, is in knowing which set of DMA rules to use (1989 or 2006) in determining who owns the mineral rights. It’s a big problem when drillers are spending sometimes up to $15,000 per acre in lease bonuses, to say nothing of where to send the royalty check. Some drillers are holding back on leasing because of this issue. There are now 12 (!) different cases before the Ohio Supreme Court dealing with the DMA and decisions may come soon for many of them. We get a good overview and update on DMA litigation from the legal beagles at the Bricker & Eckler law firm…
    Read More “Video: Update on DMA Cases Before Ohio Supreme Court”

  • Industrywide Issues | Pipelines

    New National Campaign Promotes Safety/Benefits of NatGas Pipelines

    September 15, 2015September 15, 2015

    can you handle the truthThere are over 300,000 miles of natural gas pipelines in the ground in the United States–did you know that? Those pipeline bring cheap, abundant, clean-burning natgas to American households, businesses, and electric generating plants. Nobody gave pipelines a second thought for oh, the past 75 years or more. That is, until coordinated campaigns by groups of nutters who irrationally oppose fossil fuels, seeking to demonize pipelines–the safest form of transportation in existence. Unfortunately their lies require a response. The Interstate Natural Gas Association of America (INGAA) has stepped up to the plate, launching a nationwide campaign, complete with a TV commercial, to educate American consumers about the benefits of natural gas and natural gas pipelines…
    Read More “New National Campaign Promotes Safety/Benefits of NatGas Pipelines”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Tue, Sep 15, 2015

    September 15, 2015September 15, 2015

    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: Antis oppose 3 Tetco pipelines; PA’s Engelder goes to OH; antis oppose fracking near Pittsburgh; Shell’s emissions quota for cracker plant; Sunoco LP shops for pipeline land; hearing set for Hilcorp wellpad; Moxie electric plant clears another hurdle, and more!
    Read More “Marcellus & Utica Shale Story Links: Tue, Sep 15, 2015”

  • American Energy Partners | Energy Companies

    McClendon Nearly Triples Australian Shale Deal – 55M Acres!

    September 14, 2015September 14, 2015

    unconvetional wildcattersThree weeks ago MDN told you that Aubrey McClendon and his American Energy Partners had made their first foray into international oil and gas drilling (see Aubrey McClendon Leases 21.5 MILLION Acres…in Australia?!). McClendon’s move was to lock up acreage under lease, which is how he typically operates, and figure out how to finance the drilling later. Once he got going, Aubrey just couldn’t help himself. He didn’t stop with 21.5 million acres as originally announced–he kept right on going and ended up cutting four deals Down Under for a total of an eye-popping 55 million acres! And he’s working on a deal for ANOTHER 10 million acres!! Here’s the details as we know them…
    Read More “McClendon Nearly Triples Australian Shale Deal – 55M Acres!”

  • Chesapeake Energy | Energy Companies | Industrywide Issues | Lease & Royalty Payments | Litigation

    Chesapeake Settles Royalty Lawsuit in TX; Implications for PA?

    September 14, 2015September 14, 2015

    court gavelLandowners in Pennsylvania have been upset with shenanigans by Chesapeake Energy in shorting them out of royalties for years. In 2013 a group of landowners in Bradford County, PA filed a lawsuit against Chesapeake over the royalty issue (see Bradford County, PA Landowners Sue Chesapeake over Royalties). Since that time a number of lawsuits have popped up in PA against Chesapeake over the same issue (see Judge Rules Royalty Lawsuit Against Chesapeake in PA Continues). PA is not the only state where landowners have problems with Chesapeake’s royalty calculations. Another such case was filed in Texas in 2013–and Chesapeake just settled that case out of court…
    Read More “Chesapeake Settles Royalty Lawsuit in TX; Implications for PA?”

  • Belmont County | Energy Companies | Gulfport Energy | Jefferson County (OH) | Ohio

    Gulfport Energy Closes on 24K Acres in OH; Bumps Up Credit Line

    September 14, 2015September 14, 2015

    done dealA couple of bits of news from Gulfport Energy, a driller focused primarily on the Utica Shale in eastern Ohio. In April, MDN reported that Gulfport had inked a deal with Paloma Partners III, a small energy & exploration company headquartered in Houston, to purchase 24,000 acres in Belmont and Jefferson counties (Ohio) for $12,500 per acre (see Gulfport Energy Pays $12,500 per Acre for 24K OH Utica Acres). As of last week that deal closed at a final purchase price of $301.9 million. Gulfport also reports they’re about to get an increase in their line of credit, adding an extra $125 million to what they can borrow…
    Read More “Gulfport Energy Closes on 24K Acres in OH; Bumps Up Credit Line”

  • Energy Services | Industrywide Issues | NGLs | Pennsylvania | Pipelines | Statewide PA | Sunoco Logistics

    Sunoco LP Launches Open Season for Second Mariner East 2 Pipeline

    September 14, 2015September 14, 2015

    open seasonSunoco Logistics Partners, which owns the Mariner series of pipelines (East, West and South), has just launched a new binding open season–time when drillers and other shippers can sign up for capacity–for an expansion of the planned Mariner East 2 project. In April 2014 MDN brought you the news that Sunoco LP had completed an open season for Mariner East 2 and had enough customers to move forward with the project (see Sunoco Logistics Will Build $2.5B Mariner East 2 Pipeline). In June we told you about Sunoco LP’s plans to build two new Mariner East 2 pipelines, side by side, if they can get enough customers (see Mariner East 2 Giving Birth to Twin Pipelines). Our interpretation is that this new open season, launched last week, is to sign up customers for the second Mariner East 2 pipeline…
    Read More “Sunoco LP Launches Open Season for Second Mariner East 2 Pipeline”

  • Energy Services | Enterprise Products Partners | Industrywide Issues | Marathon Petroleum | NGLs | Pipelines

    Centennial Pipeline May Reverse, Sending NE NGLs to the Gulf

    September 14, 2015September 14, 2015
    centenmap
    Centennial Pipeline map – click for larger version

    On Friday MDN told you that after Marathon Petroleum buys MarkWest Energy, they are eyeing sending natural gas liquids (NGL) gathered by MarkWest south to the Gulf Coast (see Marathon Hints MarkWest Merger Plan May Include NGLs to Gulf). No specific plans were mentioned but a vague statement about “more details coming by the end of the year.” It seems some of those details have already leaked. The leaker is Marathon’s joint venture partner in the Centennial Pipeline, Enterprise Products Partners. Enterprise said at an investors conference last week that they are actively evaluating a plan to reverse the flow of the Centennial from Illinois to the Gulf Coast to send NGLs from the Marcellus/Utica to the Gulf for processing and use in cracker/petrochemical plants…
    Read More “Centennial Pipeline May Reverse, Sending NE NGLs to the Gulf”

  • CNG/LNG | Exporting | Industrywide Issues | Regulation

    3rd Eastern Canada LNG Export Plant Receives Approval

    September 14, 2015September 14, 2015

    approvedIn February MDN told you that Spanish oil giant Repsol was accelerating plans to build an LNG export terminal on the coast of Saint John, Newfoundland (see Repsol Accelerates Plan for Canadian LNG Exports Fed by Marcellus). The Canaport LNG project, as it’s called, is one of five potential projects we identified in eastern Canada back in August 2014 that will potentially export Marcellus/Utica gas (see List of LNG Export Projects for Marcellus/Utica Shale Gas). Two of the five projects–Bear Head LNG and Goldboro LNG, both located in Nova Scotia–were approved by the Canadian National Energy Board (CNEB) in August (see 2 Marcellus LNG Export Projects Get Canadian Approval). Good news: The Canaport LNG project has now also been approved by the CNEB…
    Read More “3rd Eastern Canada LNG Export Plant Receives Approval”

  • Harrison County | Industrywide Issues | Lewis County | M&A | West Virginia

    WV Roustabout Company Sells Itself to Another WV Company

    September 14, 2015September 14, 2015

    M&ABasin Energy, which acts as a holding company to invest in (and run) other companies located in the Marcellus/Utica, is based in Bridgeport (Harrison County), WV. Basin’s first acquisition was ProActive Services, an operator of natural gas pipeline compressor stations and other related oilfield services. On Sept. 1, Basin closed a deal on their second subsidiary–the Jane Lew (Lewis County), WV-based Starett’s Well Service, a specialty roustabout services firm, focused on well site and midstream natural gas infrastructure in the Marcellus and Utica Shale regions…
    Read More “WV Roustabout Company Sells Itself to Another WV Company”

  • Energy Companies | Rice Energy

    Rice Energy Raises & Donates $600K to First Responders

    September 14, 2015September 14, 2015

    kudosIn an example of yet another instance of our wonderful industry blessing the communities in which it works, Rice Energy has just completed an annual fundraising event which raised $600,000 which they donated to 36 different first responder organizations in Pennsylvania and Ohio at a ceremony last Friday, September 11th. The first responder organizations include local volunteer fire departments, emergency medical services, regional safety organizations and police departments. Kudos to Rice for being good corporate citizens. By the way, when was the last time you heard about a “green” group like Delaware Riverkeeper, Food & Water Watch, or the Sierra Club raising and donating money to anyone but themselves? Oil & gas industry = generous givers; Environmental wackos = selfish takers…
    Read More “Rice Energy Raises & Donates $600K to First Responders”

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