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Marcellus Drilling News
  • Hydraulic Fracturing | Industrywide Issues | Supply Chain

    Fortis Energy Adds New Workover Rig in Marcellus/Utica

    October 21, 2014October 21, 2014

    Workover rigOilfield services companies span the range from the Halliburtons and Schlumbergers to the mom and pop companies with a single drilling rig. Fortis Energy Services, a privately held company headquartered in Michigan (but with operations in the Marcellus/Utica) is not nearly as big as Halliburton, but it’s way bigger than a mom and pop. Fortis operates in the Midwest and northeast with a number of rigs. They’ve just added two more “workover” rigs to their fleet–one of them dedicated to the Marcellus/Utica. What’s a workover rig?…
    Read More “Fortis Energy Adds New Workover Rig in Marcellus/Utica”

  • Electrical Generation | Industrywide Issues | Research

    The Big Change from Coal to Natgas in Electric Generating Plants

    October 21, 2014October 21, 2014

    We take no pleasure, as some do, in the demise of the coal industry. Yes coal pollutes more than other fossil fuels, but there are newer technologies that can be used to ease emissions from coal. But it seems it is an uphill battle and a battle that is (unfortunately) already lost. Once “environmentalists” have put the last nail in the coffin of the coal industry, they’ll be sharpening their axes to come after natural gas. It’s already starting to happen. However, the fact remains that many coal-fired electric generating plants in the U.S. are in the process, or soon will be, of converting to use natural gas. It’s good news for natgas, but the good news comes at the expense of coal. SNL Energy has just published a report tracking the conversion of these plants–plant by plant–from coal to (mostly) natgas…
    Read More “The Big Change from Coal to Natgas in Electric Generating Plants”

  • About MDN | Air Quality | Industrywide Issues | Regulation

    MDN Quote on Obama EPA/BLM Featured in National Publication

    October 21, 2014October 21, 2014

    hat tipA hat tip and big thank you to national conservative news/blog site The Daily Caller–a major source of news both inside and outside the Washington, DC beltway. MDN was reading a story on a topic of interest to us in The DC–about President Obama’s EPA and Bureau of Land Management waiting until after the election until they unveil more onerous new regulations on the oil and gas industry–when early in the story we spotted this quote from/reference to MDN…
    Read More “MDN Quote on Obama EPA/BLM Featured in National Publication”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Tue, Oct 21, 2014

    October 21, 2014October 21, 2014

    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, Oct 21, 2014”

  • Energy Companies | Hydraulic Fracturing | Industrywide Issues | Litigation | New York | Norse Energy | Regulation | Statewide NY | Tompkins County

    NY High Court Rebuffs Norse Request to Re-hear Town Ban Case

    October 20, 2014October 20, 2014

    nopeWe won’t bother to chronicle, once again, the long fight in New York State over the right of a town board with 3-5 members deciding that every resident in a township will lose the right to use their property the way they want to (even though property ownership is sacrosanct under the U.S. Constitution). In the People’s Republic of New York, the mob rules. The rule of law is out the window. And so, a few New York high court judges who want to retain their posts under Gov. Andrew Cuomo, decided nobody really reads the Constitution anymore anyway–and that local town boards (not individual landowners) will now decide whether or not shale drilling will take place (see Shale Drilling in NY is Over – High Court Upholds Town Bans). One of the litigants in the case was Norse Energy, forced into bankruptcy by New York’s now 6+ year moratorium on fracking. Norse took over leases from Anschutz Exploration and sued the Town of Dryden, NY over their idiotic frack ban. Based on a recent Colorado case that is similar (and found against so-called “home rule” by towns), Norse asked New York’s highest court to re-hear the case (see Norse Energy Appeals Town Ban Case Back to NY High Court). The crooked judges said “nope”…
    Read More “NY High Court Rebuffs Norse Request to Re-hear Town Ban Case”

  • Anti-Drilling/Fossil Fuel | Chautauqua County | Electrical Generation | Industrywide Issues | Litigation | New York | Regulation

    Dunkirk NY Electric Plant Natgas Conversion Challenged in Lawsuit

    October 20, 2014October 20, 2014

    There is precisely one (and only one) decision that New York Gov. Andrew Cuomo has made with regard to clean-burning natural gas that we know of. Last December Gov. Cuomo trudged through three feet of snow in Dunkirk, NY to announce a deal had been struck to convert the local coal-burning electrical generating plant to burn natural gas instead (see Dunkirk, NY Electric Plant Saved – Converting from Coal to NatGas). If the plant is not allowed to convert, it will close and 435 megawatts of electricity will disappear, and along with it, 40% of the taxes paid to local governments and the local school district will evaporate too. You might think environmentalists would be happy to have the plant convert from “dirty” coal to clean-burning natural gas. How have they responded? By filing lawsuits against the conversion…
    Read More “Dunkirk NY Electric Plant Natgas Conversion Challenged in Lawsuit”

  • Energy Companies | Energy Services | Industrywide Issues | Litigation | MarkWest Energy | Pennsylvania | Pipelines | Processing Plants | Range Resources Corp | Regulation | Washington County

    Civil War Between Cecil Supervisors/Zoning Board Over Compressor

    October 20, 2014October 20, 2014

    As MDN reported in early October, MarkWest Energy finally (after four years) won the right to build a compressor station in Cecil (Washington County), PA (see MarkWest Wins Court Case to Build Compressor Station in Cecil, PA). The compressor station will be built on property owned by Range Resources. It’s Range’s gas that will flow through that station on its way to market. The Cecil Board of Supervisors voted to not challenge a Commonwealth Court (a lower court) decision that said the zoning board erred when denying MarkWest a permit to build the compressor station. However, the zoning board itself can still appeal the decision (see Cecil Supervisors Vote to NOT Appeal MarkWest Compressor Decision). It appears to us like a civil war has erupted between the Cecil board of supervisors and the zoning board…
    Read More “Civil War Between Cecil Supervisors/Zoning Board Over Compressor”

  • Chesapeake Energy | Energy Companies | Southwestern Energy

    Fitch Ratings Says Chesapeake/Southwestern Megadeal a “Win/Win”

    October 20, 2014October 20, 2014

    There are three ratings agencies (the “big three”) that rate companies and governments on their financial health, including the ability to borrow money and pay it back. The big three are Standard & Poor’s, Moody’s and Fitch Ratings. Fitch, in a move we have not seen before, issued a press release on Friday commenting on last Thursday’s really big news that Chesapeake is selling 413,000 acres and 435 drilled wells–all of it in the Marcellus/Utica–to Southwestern Energy (see Chesapeake Sells Close to 25% of Marcellus/Utica Operation). Fitch jumped in with their own analysis of the deal and has pronounced it a “win/win”…
    Read More “Fitch Ratings Says Chesapeake/Southwestern Megadeal a “Win/Win””

  • Antero Resources | Energy Companies

    Antero Resources’ Line of Credit Upped $1B to $4B

    October 20, 2014October 20, 2014

    One of the largest Marcellus/Utica drillers is Antero Resources. Last week we reported on Antero’s third quarter update in which they tout that by using shorter stage lengths (SSLs) when fracking wells has resulted in better producing wells (see Antero Resources 3Q14: Shorter Stage Lengths Yield 20-30% More Gas). Looks like Antero’s bankers liked that news too. They’ve just extended Antero’s credit line an extra $1 BILLION!…
    Read More “Antero Resources’ Line of Credit Upped $1B to $4B”

  • Energy Services | Industrywide Issues | Lancaster County | Pennsylvania | Pipelines | Williams

    DC Lawyer: PA Landowners Should Get Involved in Pipeline Process

    October 20, 2014October 20, 2014

    A surprisingly (mostly) fair and balanced article from anti-drilling PBS reporter (we’d call her an anti-drilling advocate) Marie Cusick with StateImpact Pennsylvania from last week on the topic of pipelines. The occasion was a good-sized meeting of 200 or so in Lancaster County, PA–folks who turned out to hear some out-of-town lawyers talk about how they can deal with the inevitable Atlantic Sunrise pipeline project proposed by Williams. The project will mean 177 miles of “greenfield” pipeline–pipeline that digs up completely new trenches across “virgin” land where there is no existing pipeline. Washington, DC attorney Carolyn Elefant was one of the speakers at the meeting and spoke to StateImpact following the meeting…
    Read More “DC Lawyer: PA Landowners Should Get Involved in Pipeline Process”

  • Braskem | Energy Services | Ethane | Industrywide Issues | Odebrecht | Processing Plants | Statewide WV | West Virginia | Wood County

    Economist Briefs WVU-P on Odebrecht Ethane Cracker

    October 20, 2014October 20, 2014

    In February, the former director of West Virginia University’s Bureau of Business and Economic Research and professor emeritus at WVU, Tom Witt, released a study about the coming economic miracle that will be the Odebrecht ethane cracker plant in Parkersburg, WV (see Economist Releases Report on WV Cracker Plant’s Economic Impact). Witt’s previous employer, WVU, also hired him to brief them about this coming economic miracle. They specifically want to be sure their educational programs will help prepare the local workforce. Witt briefed the Parkersburg Board of Governors earlier this month. What did he tell them?…
    Read More “Economist Briefs WVU-P on Odebrecht Ethane Cracker”

  • BG Group | Energy Companies | Equinor/Statoil

    BG Poaches Statoil CEO Helge Lund with Big Bucks

    October 20, 2014October 20, 2014

    Statoil is a Norwegian oil and gas company that has a number of joint venture deals–along with their own drilling program–in the Marcellus and Utica Shale (see MDN’s list of Statoil stories here). So it was with interest that we noticed a changing of the guard at the top. Statoil CEO Helge Lund was lured away by BG Group. What lured him away? Big money. BG gave Lund a £12m “golden hello” (that’s a roughly $19.4 million signing bonus) and the possibility of annual earnings of £13.5m (or $21.8 million, per year!) if he hits all his targets. BG wanted Lunde bad. We searched and found one reference on MDN to BG–they spent $950 million in 2010 to lock up 654,000 acres of leases here in the U.S., including 186,000 acres in the Marcellus, although they have no active drilling program of their own in the northeast (see Recent Marcellus Shale Joint Venture Deals). What does Lunde’s change from Statoil to BG mean for northeast shale drilling?…
    Read More “BG Poaches Statoil CEO Helge Lund with Big Bucks”

  • About MDN | Calendar

    Calendar of Events for Oct 20-Nov 2, 2014 [Free]

    October 20, 2014October 20, 2014

    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 Oct 20-Nov 2, 2014 [Free]”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Mon, Oct 20, 2014

    October 20, 2014October 20, 2014

    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, Oct 20, 2014”

  • Industrywide Issues | Supply Chain

    Key Secret to Landing New Business from the NE Shale Industry

    October 17, 2014October 17, 2014

    secret to successIf you own, or work for, or manage, a small- to medium-sized business, how do you get potentially lucrative new deals from the flourishing Marcellus and Utica Shale drilling industry? It’s an important question and one we’re often asked. Although there’s no magic–networking and word of mouth and being in the right place at the right time helps–there is one thing that a small or medium-sized business can do to dramatically increase your chances of scoring new business from the shale industry. What is that one thing? Getting an ISNetworld certification. And what the heck is ISNetworld?…
    Read More “Key Secret to Landing New Business from the NE Shale Industry”

  • Energy Services | Industrywide Issues | Kinder Morgan | Pipelines

    Kinder Morgan Plans Chicago Pipeline Expansion for Marcellus/Utica

    October 17, 2014October 17, 2014

    Kinder Morgan’s Natural Gas Pipeline Company of America (NGPL) announced yesterday the open season for a plan to expand their Gulf Coast mainline pipeline from the Rockies Express Pipeline (REX) interconnection in Moultrie County, Illinois, to points north on NGPL’s pipeline system. They aim to increase capacity by 450,000 dekatherms per day (437 million cubic feet per day). The project involves new construction of $100 million and the end result is to move more Marcellus and Utica Shale gas to more than 100 delivery points in the Chicago area…
    Read More “Kinder Morgan Plans Chicago Pipeline Expansion for Marcellus/Utica”

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