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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues | Lackawanna County | Pennsylvania

    Gas-Powered Electric Plant to be Built “on Thousands of People”

    March 10, 2015May 4, 2015

    Since 2013 we’ve been tracking the story that Invenergy, a company that builds and operates clean energy electric generating plants like those powered by natural gas, plans to build such a plant near Scranton, PA (see Marcellus Gas to Power Combined-Cycle Electricity Plant in NE PA). In October 2014, Invenergy purchased the 80-acre parcel in Jessup where they plan to build the plant (see Invenergy Buys Land in NEPA for Natgas Electric Generating Plant). In January of this year, the first in what will be a string of public hearings was held in Jessup (see Public Hearing on NEPA Proposed Marcellus-Powered Electric Plant). There was understandable concern from some area residents about air quality and other issues. Now that the plant is getting much closer to reality, it’s time for the anti-drillers to come out–and right on cue, they have. One of them is quoted as saying the plant will “be built on thousands of people. Literally thousands of people.” Wait. Did we miss something? Is this plant being built on top of cemetery? Is Invenergy planning on killing thousands and throwing the bodies in a trench so they can construct a plant on top of them?…
    Read More “Gas-Powered Electric Plant to be Built “on Thousands of People””

  • Crestwood Midstream | Energy Services

    Crestwood Midstream Floats $700M in IOUs

    March 10, 2015March 10, 2015

    It’s still the season to float “unsecured notes” (i.e. IOUs) for both drillers and pipeline companies. The latest we’ve noticed is Crestwood Midstream. A year and a half ago Crestwood merged with and bought out Inergy, creating a large pipeline and processing plant company with major operations in the northeast (see Crestwood/Inergy Complete Their Merger Today, Worth $8B). Yesterday Crestwood floated notes hoping to score $700 million in cash, to be used to pay down older debt. Here’s their announcement…
    Read More “Crestwood Midstream Floats $700M in IOUs”

  • Economic Impact | Industrywide Issues | M&A

    World’s Best Investment Bank in the Oil & Gas Sector for 2015

    March 10, 2015March 10, 2015

    It takes a lot of money to fund an oil & gas company–whether they are drillers, pipeline companies or the myriad of associated supply chain companies. It takes millions–billions! Who has that kind of money? Investors, typically investment banks. And who is the best investment bank in the whole wide world? Obviously it’s the one that will give you money! However, Global Finance magazine conducts an annual survey and based on various criteria, they have just awarded CIBC (Canadian Imperial Bank of Commerce), Canada’s fifth largest bank, with the honor of World’s Best Investment Bank in the Oil & Gas Sector for 2015…
    Read More “World’s Best Investment Bank in the Oil & Gas Sector for 2015”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Tue, Mar 10, 2015

    March 10, 2015March 10, 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, Mar 10, 2015”

  • Cunningham Energy | Energy Companies | Industrywide Issues | Lease & Royalty Payments | Litigation | Tyler County | West Virginia

    WV “Landowner” Wins $4.8M in Lawsuit for Failure to Drill

    March 9, 2015March 9, 2015

    By Andy Leahy

    court gavelOn March 3, a federal judge awarded a Tyler County, WV mineral owner $4.8 million in present and future royalties (plus interest) as damages in a dispute involving the operator’s failure to follow through on some unusually generous lease terms. The operator, Cunningham Energy LLC of Charleston, WV, had promised to horizontally drill eight wells to and through the Marcellus Shale formation within three years, but was unable to do so–largely because the leaseholds were far too small to develop as stand-alone units, and the surrounding lands turned out to be already under lease to other drillers…
    Read More “WV “Landowner” Wins $4.8M in Lawsuit for Failure to Drill”

  • Industrywide Issues | Ohio | Pennsylvania | Research | Statewide OH | Statewide PA | Statewide WV | West Virginia

    Intl Rig Counts in Free Fall, What About Marcellus/Utica Counts?

    March 9, 2015March 9, 2015

    Rig counts are a closely watched measure as an indicator of future drilling and therefore future production. Over the past several years, rig counts have become a much less accurate method for predicting future production simply because so many wells have been drilled–in the Marcellus and now Utica–that connecting those wells to production will take years to complete. So if the number of rigs actively drilling goes down, it doesn’t correlate to a drop in production–not anymore. But rig counts are still important–the number of rigs actively drilling–because it’s an indicator of economic impact. When rigs are drilling, all sorts of goods and services and jobs are needed–which makes everybody happy. Baker Hughes, in the process of being gobbled up by Halliburton, has been for years the go-to source for rig counts. They issue counts on a weekly basis. MDN keeps track of rig counts in our 3x/year Marcellus and Utica Shale Databook. We decided it’s time to revisit rig counts–both globally and in the Marcellus/Utica–to see what the latest hullabaloo is all about. Are the counts going down in the northeast–and if so, where? The answer may surprise you…
    Read More “Intl Rig Counts in Free Fall, What About Marcellus/Utica Counts?”

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

    Sunoco Reconciles Differences with Municipalities re Mariner East

    March 9, 2015March 9, 2015

    Hats off to Sunoco Logistics. In order to complete the conversion of a decades-old pipeline already in the ground, the Mariner East 1 pipeline, into flowing natural gas liquids (propane and ethane) across the state to the Marcus Hook refinery near Philadelphia, the company needs to build or upgrade 31 pump and valve stations along the existing pipeline. A legal battle ensued with resistance from many of the local municipalities, largely ginned up by scare stories from the usual sources like the Clean Air Council, THE Delaware Riverkeeper, Mountain Watershed Association and their sycophantic buddies in mainstream media outlets like PBS’ StateImpact Pennsylvania. Sunoco felt it had no option but to try and get the pipeline declared a public utility and by extension, use eminent domain to avoid local zoning ordinances. There have been plenty of legal twists and turns along the way (see our list of stories here). Sunoco has worked out their differences with 22 of the 31 townships and they are now hammering out deals with the rest. So they’ve withdrawn their application with the state Public Utility Commission (PUC) to be exempted from local zoning ordinances–no eminent domain. Anti-drillers are feverishly trying to spin this as a loss for Sunoco Logistics–that the company has “backed down” and is beaten. What it is, is a major victory for Sunoco–the pipeline will be completed (very soon) and NGLs will flow all the way to Marcus Hook…
    Read More “Sunoco Reconciles Differences with Municipalities re Mariner East”

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

    FERC Chair to Pipeline Protesters: It’s About Climate Change (Stupid)

    March 9, 2015March 9, 2015

    By Andy Leahy

    A new narrative is freshening for environmental reporters in mainstream and regional media: After suffering recent losses in extensively waged fights against new natural gas pipelines, notably in the blue-shifted northeastern U.S., opponents of fossil fuels are growing increasingly frustrated with the usually obscure decision-making process overseen by the Federal Energy Regulatory Commission, or FERC. Previously lost in the scrum: Comments by FERC Chair Cheryl LaFleur from Jan. 27, 2015–appearing before the National Press Club, no less–in which she essentially challenged activists concerned about climate change on the value of natural gas within the bigger equation. And she explained why “unprecedented” protest from activists is failing to deter FERC from approving necessary construction…
    Read More “FERC Chair to Pipeline Protesters: It’s About Climate Change (Stupid)”

  • Ashtabula County | Energy Services | Industrywide Issues | Ohio | Processing Plants | Regulation | Utica Shale | Velocys | Wastewater

    OH EPA Issues Draft Lake Erie Discharge Permit for Ashtabula GTL Plant

    March 9, 2015March 9, 2015

    The Ashtabula (OH) gas-to-liquids, or GTL, plant is ever-so-gradually making progress. In Sept. 2013 MDN first told you about this innovative plant coming to Ashtabula County (see Utica Shale Gas-to-Liquids Plant Planned for Ashtabula, OH). The plant will convert Marcellus and Utica Shale gas into diesel fuel, lubricants, solvents and waxes. The technology used for the plant is provided by a UK company called Velocys. In June 2014, Velocys bought out the Astabula operation and took up the reigns of the project (see UK-based Velocys Buys Ashtabula, OH GTL Plant). We didn’t hear anything about it until January of this year when Ashtabula Energy, a division of Velocys, has filed for a permit with the Ohio Environmental Protection Agency (OEPA) that would allow the plant to discharge wastewater into Lake Erie (see New Life for Ashtabula Gas-to-Liquids Plant, Files for Permit). The new news is that the OEPA has issued a draft discharge permit for the plant and has scheduled a public hearing on it…
    Read More “OH EPA Issues Draft Lake Erie Discharge Permit for Ashtabula GTL Plant”

  • Energy Services | Energy Transfer Partners | Industrywide Issues | Ohio | Pipelines | Statewide OH

    ET Rover Pipeline Hires Land Stewards to Protect the Land in OH

    March 9, 2015March 9, 2015

    As we’ve been reporting for some time, Energy Transfer Partners (ETP) plans to build an 830-mile, $4.4 billion pipeline, called the ET Rover Pipeline, from PA and WV and eastern OH through OH into Michigan and eventually into Canada (see ET Rover Pipeline’s 800-Mile Journey Begins with FERC Filing). The pipeline will flow Marcellus and Utica Shale gas to Midwestern US markets and to Canadian markets. The longest stretch of pipeline will cross OH. In an effort to ensure Ohioans have an advocate to ensure their land is impacted as minimally as is possible, ETP is paying for the services of an ombudsman, a representative who will look out for the landowner’s best interest. It is Ohio-based firm Land Stewards–“a team of certified soil scientists, agricultural engineers, agronomists and conservation planners.” Does ETP get thanked taking this extraordinary over-and-above step? No. Instead, they get criticized…
    Read More “ET Rover Pipeline Hires Land Stewards to Protect the Land in OH”

  • Industrywide Issues | Pennsylvania | Statewide PA | Taxation

    Jenga! PA Gov Wolf’s Budget Built on Severance Tax Will Crash

    March 9, 2015March 9, 2015

    JengaHave you ever played Jenga? You know, the game where you stack blocks of wood in mini-skyscraper style and then each player must remove a block from a lower level and stack it on the top until somebody pulls a block out and the whole thing comes crashing down. That’s the comparison used to describe the state budget recently proposed by PA Gov. Tom Wolf in none other than the reliably liberal, Democrat-supporting, anti-drilling Allentown Morning Call. As the Morning Call points out, Wolf has built his Jenga (house of cards) budget on soaking drillers with a new severance tax. When that doesn’t happen, the whole budget comes tumbling down and no one will be to blame except Tom Wolf himself…
    Read More “Jenga! PA Gov Wolf’s Budget Built on Severance Tax Will Crash”

  • Pennsylvania | Statewide PA

    Shale Gas News Radio – Mar 7, 2015 [Audio]

    March 9, 2015March 9, 2015

    Every Saturday the one-hour Shale Gas News show airs on Scranton, PA’s 94.3 FM “The Talker” radio station. The show is co-hosted by Kevin Lynn of Linde Corporation and Bill desRosiers from Cabot Oil & Gas. MDN brings you the latest program show notes and recordings for Shale Gas News each week (well worth your time to listen). Here’s the latest program, recorded on Saturday, Mar 7…
    Read More “Shale Gas News Radio – Mar 7, 2015 [Audio]”

  • About MDN | Calendar

    Calendar of Events for Mar 9-22, 2015 [Free]

    March 9, 2015March 9, 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 Mar 9-22, 2015 [Free]”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Mon, Mar 9, 2015

    March 9, 2015March 9, 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, Mar 9, 2015”

  • Energy Companies | Pennsylvania | Seneca Resources | Tioga County (PA)

    Another Impressive Utica Well Pops Up…in Pennsylvania!

    March 6, 2015March 6, 2015

    whisperingTioga County, PA is getting a reputation. No, not THAT kind of reputation silly! Tioga County, PA is getting a reputation for impressive Utica Shale wells. Last September MDN told you that Shell had drilled a pair of Utica wells in Tioga County (see Shell Drills 2 Successful Utica Wells in NEPA Marcellusland). Shell’s “Gee” Utica well produced a respectable 11.2 million cubic feet of natural gas per day (Mmcf/d). However, their “Neal” Utica well had an initial production rate of 26.5 Mmcf/d–a top-tier well. The current reigning champ for Utica wells is Range Resources’ Claysville Sportsman’s Club No. 1 well in Washington County, PA which initially produced a mind-blowing 59 Mmcf/d (see Range Resources Drills Highest-Ever Initial Producing Utica Well). Back to Tioga County. Yesterday Seneca Resources, a division of National Fuel Gas, reported drilling a Utica well in Tioga with an initial production rate of 22.7 Mmcf/d. VERY respectable–placing it in the top tier of Utica wells. Oh! And the well is located on PA state-owned land. Isn’t this news delicious–coming after Gov. Tom Wolf has signed an executive order preventing any new leasing of state-owned land…
    Read More “Another Impressive Utica Well Pops Up…in Pennsylvania!”

  • Broome County | Hydraulic Fracturing | Industrywide Issues | New York | Regulation | Statewide NY

    NY Town Hopes to Attract Drillers Using Low Volume Fracking

    March 6, 2015March 6, 2015

    A story about fracking in New York first caught our eye because it’s one of the only (perhaps the only) mainstream media story to admit that fracking has been and still is happening in New York State. If you’ve read MDN for any length of time you know we’ve been pointing that out until we’re blue in the face. Let us say it again: Fracking using low volumes of water (under 75,000 gallons) has been and continues to be used in New York State. Mainstream media outlets apparently have a news blackout on that score–which leads anti-drillers to believe there is no fracking in NY and that Cuomo’s recent decision will keep it that way. Sorry Charlie (and Bill, and Sandra, and Chip)…that’s just not the truth. Once we read more, it was apparent that the bigger story (the story within the story) is what’s happening in the Town of Windsor, NY–where MDN HQ is located, where the temperature this morning was 0! Windsor is actively looking at the possibility of attracting drillers who may want to use low-volume fracking, or even no fracking, to drill gas wells in the town…
    Read More “NY Town Hopes to Attract Drillers Using Low Volume Fracking”

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