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Marcellus Drilling News
  • Housing | Industrywide Issues | Pennsylvania | Statewide PA

    UMH Pays $5.3M for 2 Trailer Parks in W PA for Marcellus/Utica

    April 27, 2015April 27, 2015

    We’ve talked about a New Jersey-based real estate investment company, UMH Properties, Inc., a couple of times before. Why? Because they keep buying trailer parks in the Marcellus/Utica with the express hope that drilling activity in the region will lead to high occupancy rates. In July 2014 UMH bought four “manufactured homes communities” in the Pittsburgh area (see More Housing for Marcellus/Utica on the Way in Pittsburgh Region). In January of this year, UMH bought another trailer park–this one in Erie, PA (see Quirky Friday: What’s the Main Selling Point of Erie, PA Trailer Park?). UMH is back–they’ve just purchased two more trailer parks in western PA for $5.3 million…
    Read More “UMH Pays $5.3M for 2 Trailer Parks in W PA for Marcellus/Utica”

  • Industrywide Issues | Research | Reserves (Proved and Unproved)

    EIA List of Top 100 Oil & Gas Fields – Shale has Changed the Picture

    April 27, 2015April 27, 2015

    In 2009 the number one oil producing formation in the United States was Prudhoe Bay in Alaska. Six years later Prudhoe Bay has fallen to #3 in the list, surpassed by both the Eagle Ford (#1) and Permian Basin (#2), both shale plays in Texas. In 2009 the mighty Marcellus was in the bottom half of the list of the top 100 producing formations. Today? It’s #1, thanks to the miracle of fracking shale. Last week the U.S. Energy Information Administration released an updated list of the top 100 U.S. oil and natural gas fields. Below we have that report, showing the top 100 oil fields and the top 100 natural gas fields. Shale has literally changed the landscape of the oil and gas industry in our country…
    Read More “EIA List of Top 100 Oil & Gas Fields – Shale has Changed the Picture”

  • Industrywide Issues | Research

    Free Map – EIA’s Lower 48 States Shale Map (Updated)

    April 27, 2015April 28, 2015

    On April 13 our favorite government agency, the U.S. Energy Information Administration, released an updated shale plays map for the 50+ commercially active shale plays in the Lower 48 states. We have it for you below, in both JPG and PDF formats…
    Read More “Free Map – EIA’s Lower 48 States Shale Map (Updated)”

  • Earthquakes | Industrywide Issues | Research

    USGS Updates Models for Determining Earthquakes from Injection Wells

    April 27, 2015April 27, 2015

    The U.S. Geological Survey (USGS) issued an update yesterday into how they evaluate whether or not earthquakes are being caused by deep injection wells–wells that are disposing frack wastewater. USGS says, “Significant strides in science have been made to better understand potential ground shaking from induced earthquakes, which are earthquakes triggered by man-made practices.” And so they’ve issued a report that “outlines a preliminary set of models to forecast how hazardous ground shaking could be in the areas where sharp increases in seismicity have been recorded.” Translation: We’ve updated our best guesses about how this works. The new report is titled “Incorporating Induced Seismicity in the 2014 United States National Seismic Hazard Model–Results of 2014 Workshop and Sensitivity Studies” (full copy below). USGS concludes that it is almost always injection wells–over faults–that are the cause of induced earthquakes, and NOT fracking itself. The USGS says, “Many questions have been raised about whether hydraulic fracturing—commonly referred to as “fracking”—is responsible for the recent increase of earthquakes. USGS’s studies suggest that the actual hydraulic fracturing process is only occasionally the direct cause of felt earthquakes.” The word “occasionally” translates to this: you can count on one hand the number of times fracking (over a fault) has led to an earthquake…
    Read More “USGS Updates Models for Determining Earthquakes from Injection Wells”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pennsylvania | Statewide PA

    Anti Protesters Who Disrupted Wolf Inauguration Appeal Conviction

    April 27, 2015April 27, 2015

    More than 100 anti-drilling, anti-fossil fuel protesters spoiled PA Gov. Tom Wolf’s otherwise nicey nice inauguration in January (see Anti-Fracking Protesters Spoil PA Governor Inauguration Ceremony). Of the 100 or so loud mouths at the inauguration who tried to spoil it for everyone else, eight of them were arrested and charged with disorderly conduct. They were all convicted. Now, two of the eight are appealing their convictions. It seems they don’t want to be held accountable for their lawless actions…
    Read More “Anti Protesters Who Disrupted Wolf Inauguration Appeal Conviction”

  • About MDN | Calendar

    Calendar of Events for Apr 27 – May 10, 2015

    April 27, 2015April 27, 2015

    Below are upcoming events for this week and next. 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 Apr 27 – May 10, 2015”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Mon, Apr 27, 2015

    April 27, 2015April 27, 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, Apr 27, 2015”

  • Energy Services | GreenHunter Resources | Industrywide Issues | Ohio | Regulation | Statewide OH | Statewide WV | Wastewater | West Virginia

    GreenHunter & USCG Argue over Barging, Homeland Security Reviews

    April 24, 2015April 24, 2015

    Ohio River bargeGreenHunter Resources continues to aggressively push back against the U.S. Coast Guard (USCG) with respect to barging brine from shale wells. Yesterday was the latest flare-up in the war of words between GreenHunter and the USCG. Once again GreenHunter COO Kirk Trosclair said the way they read the rules, they have permission under existing 1987 rules to barge it. And once again the USCG said no you don’t–not until we say you do. The latest twist is that the USCG says that brine might have high levels of radioactivity and so now the Dept. of Homeland Security is reviewing the whole matter. Which is a neat way of corrupting the issue–just claim there’s a national security issue and that shuts it all down. Still, GreenHunter is committed to begin barge shipments this year. However, we also learned yesterday that those shipments will not originate at GreenHunter’s proposed facility near Wheeling, WV…
    Read More “GreenHunter & USCG Argue over Barging, Homeland Security Reviews”

  • Anti-Drilling/Fossil Fuel | Hydraulic Fracturing | Industrywide Issues | New York | Research | Statewide NY

    New Report Exposes NY’s Fraudulent “Science” Used to Ban Fracking

    April 24, 2015April 24, 2015

    A new report just published by the always excellent Energy in Depth (EID) shreds to pieces the so-called science used by anti-driller and still Acting Commissioner of the New York State Health Department Howard Zucker. The report, titled “A Look Inside New York’s Anti-Fracking Echo Chamber” (full copy below) details Zucker’s use of a bunch of anti-driller-backed research reports, compiling them into a document he used as cover to recommend a ban on fracking in the Empire State. Zucker’s corruption is now exposed for the world to see. Simon Lomax from EID presented a copy of the highly damaging report to a House of Representatives committee hearing yesterday, convened to discuss state and local bans on fracking. New York officials are spitting and sputtering and backpedaling. They can’t find a rock big enough to hide under…
    Read More “New Report Exposes NY’s Fraudulent “Science” Used to Ban Fracking”

  • Belmont County | Economic Impact | Ethane | Industrywide Issues | Jobs | Ohio | Processing Plants

    Belmont County Elated with Cracker Plant Announcement (Drip)

    April 24, 2015April 24, 2015

    Raindrops Keep Falling on my HeadWe hate to rain on Belmont County, OH’s parade, but we have to point out their celebration over the announcement about a potential ethane cracker plant announced on Wednesday may be a bit premature (see It’s Official: Belmont County Chosen as POSSIBLE Cracker Plant Site). Yes, we’re super excited at the prospect of a cracker plant getting built somewhere in the northeast–and if it’s this one, to be built by Thailand and Japan, we’ll be as elated as the officials in Belmont County are (see below). However, we would like to point them to Beaver County, PA, about an hour’s drive across the border, where local officials there have been waiting for more than three years for Shell to get off the pot with a project to build a cracker plant there. Elation–when it comes to these cracker plant projects–sooner or later turns into concern, and eventually into dimmed and elusive hope. The one thing Belmont County CAN celebrate is that the company proposing to possibly build the cracker plant in the county will spend around $150 million to evaluate the site first–so at least the county will get a bit of an economic bump from that…
    Read More “Belmont County Elated with Cracker Plant Announcement (Drip)”

  • Anti-Drilling/Fossil Fuel | Coterra Energy (Cabot O&G) | Energy Companies | Industrywide Issues | Litigation | Pennsylvania | Susquehanna County

    PA Anti-Driller Fined $1K for Trespassing on Cabot O&G Site, Jail?

    April 24, 2015April 24, 2015

    A little-known (outside of northeast Pennsylvania) anti-driller, Vera Scroggins, was fined $1,000 yesterday in Susquehanna County court. Vera’s biggest claim to fame is her potty mouth treatment of FrackNation filmmaker Phelim McAleer (watch it here). She is a repeat trespasser on Cabot Oil & Gas drilling sites and has been warned, repeatedly, to stay off their land–for her own safety and the safety of others. Scroggins runs so-called tours where she shows New York City celebrities and other urbanites (who don’t know the difference between a cow’s udder and a roof gutter) the gas fields of Susquehanna County, claiming drilling operations somehow harm local residents. The judge has had enough. He said at the hearing that Vera has 45 days to pay the fine for her latest violation and if she doesn’t, she’s going to jail. Vera maintains her latest violation wasn’t a violation–that the court is relying on the testimony of someone who lied under oath about seeing her trespass…
    Read More “PA Anti-Driller Fined $1K for Trespassing on Cabot O&G Site, Jail?”

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

    Cabot O&G 1Q15: Production Up, Revenue Up, Profits Down

    April 24, 2015April 24, 2015

    Cabot Oil & Gas released it’s first quarter 2015 results today. Most of the numbers are impressive indeed. Marcellus natural gas production was up 43% over last year. Liquids production was up 132%. And even though they’re not getting as much money for their product, revenue was up year over year–$267.4 million in 1Q15 vs $255.4 million in 1Q14 (up 4.7%). However, even the mighty Cabot couldn’t keep all of the numbers going up. Net income–the money you keep after expenses–was down from $107 million in 1Q14 to $40.3 million in 1Q15–a 62% drop year over year. Low prices for both dry and wet gas are the culprit. Here’s today’s 1Q15 financial and operational update from one of our favorite Marcellus drillers, which includes “guidance” (their best guess) as to what will happen for the balance of 2015…
    Read More “Cabot O&G 1Q15: Production Up, Revenue Up, Profits Down”

  • Energy Companies | EQT Corp

    EQT 1Q15: Production Volume Up 37%, but Price Received Down 33%

    April 24, 2015April 24, 2015

    EQT, one of the big drillers in the Marcellus (and Utica) Shale region, released a financial and operational update for first quarter 2015. It shows the company’s production increased 37% year over year, but the price they received for natural gas decreased 33% year over year. Consequently, EQT’s net income for 1Q15 dropped 9.8% from what it was in 1Q14–$173.4 million in 1Q15 vs $192.2 million in 1Q14. EQT has a major midstream (pipelines) division. Revenue for the midstream division was 38% higher than a year ago, meaning overall EQT’s net income would have been a lot worse if not for its midstream operations. As other companies have done, EQT has once again lowered its capital budget for 2015–another $150 million. They now plan to spend $2.05B instead of the originally announced $2.5B…
    Read More “EQT 1Q15: Production Volume Up 37%, but Price Received Down 33%”

  • Industrywide Issues | Pennsylvania | Regulation | Susquehanna County

    PA DEP Rejects PIOGA’s Call to Dump 4 Non-Voting TAB Members

    April 24, 2015April 24, 2015

    week and a half ago MDN told you about the brewing showdown between the Pennsylvania Dept. of Environmental Protection (DEP) and the Pennsylvania Independent Oil & Gas Association, or PIOGA (see PIOGA Turns Up the Heat on Wolf/Quigley Over TAB/Article 78). The bone of contention is Acting DEP Secretary John Quigley’s appointment (illegal appointment according to PIOGA) of four mostly anti-drilling board members to the DEP’s Oil & Gas Technical Advisory Board (TAB). The four are non-voting members–but they gum up the real work that needs to get done by TAB in approving new drilling regulations–something called Chapters 78 and 78a. Yesterday the DEP doubled down and rejected PIOGA’s call to dismiss the four new members appointed by Quigley. Actually, all five voting members were replaced by Quigley too, in a great purge (see Why did PA DEP Acting Sec Quigley Mass Fire Gas Advisory Board?). PIOGA previously said they will consider a lawsuit to pursue the matter should Quigley continue down this road…
    Read More “PA DEP Rejects PIOGA’s Call to Dump 4 Non-Voting TAB Members”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA DEP Plans to Air Conventional Drilling’s Dirty Laundry

    April 24, 2015April 24, 2015

    Pennsylvania’s conventional (non-shale) oil and gas drillers have long argued they should be exempt from new rules and regulations that apply to shale drillers. The wells they drill are much shallower, use less water (and less of everything, including truck trips), and in general conventional drillers say shale regulations will drive mom and pop drillers out of business entirely. The PA Dept. of Environmental Protection, however, doesn’t quite see it that way. The DEP has made certain allowances for the difference between shale and non-shale, but the DEP has drawn a line in the frac sand on other matters and plans to press it case that conventional drillers need to step up their game…
    Read More “PA DEP Plans to Air Conventional Drilling’s Dirty Laundry”

  • Industrywide Issues | Pennsylvania | Statewide PA | Taxation

    PA Town Supervisors Say “No Thanks” To Wolf Severance Tax Plan

    April 24, 2015April 24, 2015

    More and more people are waking up to the fact that Pennsylvania Gov. Tom Wolf’s proposed severance tax is not only bad for the Marcellus industry–it’s bad for the state too. The latest group to officially oppose it is the influential Pennsylvania State Association of Township Supervisors (PSATS). The group’s president said yesterday that the fee from the severance tax intended to replace the current impact fee (under Act 13) that provides an important source of revenue for municipalities would not grow as drilling grows. PSATS has figured out the dirty little secret–Wolf intends to raid money that would have gone to townships in order to grease politicians hands in Harrisburg, allowing that money to disappear into the black hole of state spending…
    Read More “PA Town Supervisors Say “No Thanks” To Wolf Severance Tax Plan”

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