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Marcellus Drilling News
  • Energy Services | Industrywide Issues | Kinder Morgan | Pipelines | Regulation | Tennessee Gas Pipeline

    FERC Delays New England Pipeline to Allow More Public Comment

    September 1, 2015September 1, 2015

    expect delaysYet another delay for Kinder Morgan’s proposed Northeast Energy Direct project–an extension of the Tennessee Gas Pipeline from the shale fields of northeastern Pennsylvania through New York, into Massachusetts, then New Hampshire before ending near Boston. It is a $6 billion project with 177 miles of new (greenfield) pipeline construction meant to alleviate the severe shortage of natural gas in New England. Last Friday the Federal Energy Regulatory Commission (FERC), the government agency in charge of permissioning the project, issued a memo stating they have extended the deadline for public comment on the plan. A new deadline has not yet been decided. The delay delights anti-fossil fuelers…
    Read More “FERC Delays New England Pipeline to Allow More Public Comment”

  • Crestwood Midstream | Energy Services

    Crestwood Equity/Midstream Announce Date to Merge Two Companies

    September 1, 2015September 1, 2015

    mergerMore high finance stuff–this time in the midstream world. Crestwood Equity Partners LP and Crestwood Midstream Partners are, on paper, two different companies. Crestwood Equity Partners is a master limited partnership (MLP) that operates an NGL supply and logistics business and currently owns, on paper, 4% of Crestwood Midstream Partners, a pipeline business operating in multiple U.S. shale plays. Crestwood Midstream also has an NGL business. The two Crestwood companies merged with and took over Inergy Midstream in an $8 billion deal in October 2013 (see Crestwood/Inergy Complete Their Merger Today, Worth $8B). Now, in a move they call “simplification,” Crestwood is combining the two companies, Equity Partners and Midstream, into one. Yesterday the two companies jointly announced a special meeting on September 30th to vote on the proposed merger/simplification. Back in May when the company announced plans to merge the two together, Wall Street didn’t like it, sending Equity Partners’ stock down 17%…
    Read More “Crestwood Equity/Midstream Announce Date to Merge Two Companies”

  • Energy Companies | Gastar Exploration

    Banks Recertify Gastar Exploration’s $200M Line of Credit

    September 1, 2015September 1, 2015

    line of creditGastar Exploration, which concentrates its shale drilling program in Oklahoma and West Virginia, earlier this year announced they would not drill any new wells in the Marcellus/Utica until commodity prices in Appalachia improve (see Gastar 1Q15: NE Production Up 5%, No New Marcellus Wells in 2015). They reaffirmed that strategy in August (see Earnings Call Reveals More Details on Gastar’s Marcellus/Utica Plans). Even though they are not currently drilling any new wells in our neck of the woods, the company continues to drill in the Midcontinent, and they continue to need money to keep the doors open. Yesterday Gastar announced their bankers have performed a review and have certified the company worthy to continue maintaining a $200 million line of credit from which they can borrow for drilling and other purposes. Currently Gastar has borrowed $65 million of the $200 million available credit line…
    Read More “Banks Recertify Gastar Exploration’s $200M Line of Credit”

  • Alpha Natural Resources | Energy Companies

    Top Exec for Bankrupt Alpha Natural Res. Quits, Finds Another Job

    September 1, 2015September 1, 2015

    I QuitIt was only three weeks ago that MDN reported Alpha Natural Resources, a coal company driven into bankruptcy by Barack H. Obama’s draconian EPA, filed for bankruptcy (see Alpha Natural Resources in Bankruptcy – What about Marcellus?). Alpha, as we noted, has dipped its toe into the Marcellus with a couple of joint ventures, in an attempt to diversify. But is it too late for the company? Who knows. What we can tell you is that one of their top executives, Brian Sullivan, who was the acting executive vice president and chief commercial officer, quit last week “in order to pursue another employment opportunity”…
    Read More “Top Exec for Bankrupt Alpha Natural Res. Quits, Finds Another Job”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Tue, Sep 1, 2015

    September 1, 2015September 1, 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: Tue, Sep 1, 2015”

  • 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!”

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