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Marcellus Drilling News
  • Industrywide Issues | Pipelines

    Toby Rice, Other CERAWeek Speakers Discuss Need for More Pipelines

    March 13, 2025March 13, 2025

    Multiple speakers at this week’s CERAWeek by S&P conference in Houston have predicted that demand for natural gas will continue to see record highs due to AI (artificial intelligence) and more LNG export facilities coming online. However, the speakers caution that while we have plenty of supply to meet the higher demand, we don’t have enough pipelines to move the molecules from where they are extracted to where they are used. In an interview on the sidelines of CERAWeek, EQT CEO Toby Rice said, “We have the gas, we just don’t have the pipelines to get it to places, so now you see a situation where it doesn’t matter how much we produce.” Never a truer word spoken. Read More “Toby Rice, Other CERAWeek Speakers Discuss Need for More Pipelines”

  • Electrical Generation | Industrywide Issues

    CT Gov. Growing a Spine? Wants to Work with Trump on Gas & Nukes

    March 13, 2025March 13, 2025

    In January, we told you that faced with the possibility of blackouts, Connecticut’s Democrat Governor, Ned Lamont, wants to keep his nuclear and gas-fired power plants (see Gov. Ned Lamont Fiddles While Connecticut’s Electric Rates Burn). At that time, Lamont was not interested in building more pipelines or new gas-fired plants. That was just a bridge too far for Lamont. We’ve long called him out for his lack of spine in standing up to the environmental left (see CT Gov. Lamont Caves to Radicalized Kids, Opposes Gas Power Plant). But what’s this? It appears Lamont may actually be growing a spine! Following meetings in Washington, D.C., last month with two members of Trump’s cabinet, Lamont said he’s found at least one area where his interests and the president’s align: getting more energy from nuclear and natural gas into New England. Read More “CT Gov. Growing a Spine? Wants to Work with Trump on Gas & Nukes”

  • Best of the Rest

    Other Stories of Interest: Thu, Mar 13, 2025

    March 13, 2025March 13, 2025

    OTHER U.S. REGIONS: Cheniere wins FERC approval for Texas LNG expansion; NATIONAL: CERAWEEK Occidental Petroleum sees US oil output peaking in next five years; EPA eliminating environmental justice jobs; USA tariffs prompt criticism at Houston energy industry gathering; Polar vortex could bring cold blast to millions across US, AccuWeather says; Williams eyes expanding natural gas infrastructure; Why energy executives believe natural gas is no longer ‘just a bridge fuel’; INTERNATIONAL: Swedish battery maker Northvolt collapses, a blow to Europe; China extends subsidies for unconventional gas drilling. Read More “Other Stories of Interest: Thu, Mar 13, 2025”

  • CNX Resources | Energy Companies | Hydrogen | Industrywide Issues

    CNX No Longer Participating in ARCH2 Appalachian Hydrogen Hub

    March 12, 2025March 12, 2025

    CNX Resources, one of the original founding partners in the Appalachian Regional Clean Hydrogen Hub (ARCH2) project created during the Biden administration, has “paused” its participation in the project. CNX is no longer listed as a partner on the ARCH2 website and confirmed to the Pittsburgh Business Times it is no longer participating (for now) while it waits to see whether the Trump administration will move forward with ARCH2 and the other hydrogen hubs promised $7 billion in funding during the previous administration. Trump froze funding for the hydrogen hub projects and is currently reviewing the program, placing all seven hydrogen hub projects, including ARCH2, in limbo. Read More “CNX No Longer Participating in ARCH2 Appalachian Hydrogen Hub”

  • Chesapeake Energy | Energy Companies | Hydraulic Fracturing | Industrywide Issues | Ohio County | Southwestern Energy | West Virginia

    Expand Energy Drilled 5.6-Mile Lateral in the WV Utica in 5 Days

    March 12, 2025March 12, 2025

    Hart Energy reports that Expand Energy, formed by the combination of Chesapeake Energy and Southwestern Energy, drilled a massive 5.6-mile lateral in northern West Virginia’s dry-gas Utica—and it was drilled in five days with just one bit run. Expand’s Shannon Fields OHI #3H well, located in Ohio County, WV, has a 29,687-ft lateral. We always get in trouble when we make statements like this (because some drillers don’t disclose details for their wells), but we’re pretty sure this is the longest onshore shale well lateral ever drilled in the U.S. Maybe even in the world! Read More “Expand Energy Drilled 5.6-Mile Lateral in the WV Utica in 5 Days”

  • Electrical Generation | Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA Gov. Shapiro Continues to Push Flawed “Lightning” Energy Plan

    March 12, 2025March 12, 2025

    Yesterday, Pennsylvania Governor Josh Shapiro visited Voith Hydro North America (in York, PA) to announce that key components of his extremely flawed “Lightning Plan” will be introduced in the General Assembly in the coming weeks by sychophantic Democrats. Shapiro claims his so-called Lightning Plan is “a comprehensive, all-of-the-above energy plan to secure Pennsylvania’s energy future.” Except his plan puts the thumb of the government on the scales in favor of wind, solar, and hydro and purposely disadvantages natural gas. Read More “PA Gov. Shapiro Continues to Push Flawed “Lightning” Energy Plan”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | New York | Regulation | Statewide NY

    Stalinist NY Bill Would End Natural Gas for Homes and Businesses

    March 12, 2025March 12, 2025

    Joe Stalin was a brutal dictator in the Soviet Union (Russia) who ruled with an iron fist during the early 20th century. He established the totalitarian political system known as Stalinism, which forcibly purged society of what it saw as threats to itself and its brand of communism. We think Stalinism is an apt description of what’s happening in New York State. Assemblyman Joe Sempolinski, a Republican whose district comprises Allegany and Cattaraugus counties and parts of Steuben County in the western part of Upstate, is sounding the alarm about a Stalinist bill making its way through Albany that gives power to the government to deny *any* customer (home or business) access to use natural gas. Read More “Stalinist NY Bill Would End Natural Gas for Homes and Businesses”

  • Industrywide Issues | Jobs | Ohio | Pennsylvania | Statewide OH | Statewide PA

    “Natural Gas Extraction” Job Paid Average Wage of $176,800 in 2024

    March 12, 2025March 12, 2025

    Earlier this month, the Texas Independent Producers & Royalty Owners Association (TIPRO) released the 10th edition of its “State of Energy Report,” offering a detailed analysis of national and state trends in oil and natural gas employment, wages and other key economic factors for ?the energy industry in 2024 (full copy below). TIPRO’s “State of Energy Report” series was developed to quantify and track the economic impact of the domestic oil and natural gas sector, emphasizing the state of Texas. However, the report has a lot of great data, including a breakdown of key O&G employment and economic stats for Pennsylvania and Ohio. One thing that caught our attention is that nationwide those classified as working in “natural gas extraction” jobs made an average annual salary of $176,800 in 2024, up $10,740 from 2023. Hey, we’re in the wrong business! Read More ““Natural Gas Extraction” Job Paid Average Wage of $176,800 in 2024″

  • Industrywide Issues | Regulation

    EPA Terminates Biden-Harris $20B ‘Gold Bar’ Grants to Cronies

    March 12, 2025March 12, 2025
    Lee Zeldin, the Big Green Terminator

    Two months ago, a video circulated on social media featuring a Biden EPA political appointee talking about “tossing gold bars off the Titanic,” intentionally rushing to get billions of tax dollars recklessly out of the agency before Inauguration Day. The EPA’s new sheriff, Lee Zeldin, located $20 billion of those gold bars in a Citibank bank account (see EPA Discovers Illegal $20 Billion Transfer from Biden’s Final Days). The money was meant to fund radical anti-Trump efforts related to the environment. Great news for taxpayers but bad news for Big Green grifters: Yesterday Zeldin announced he is canceling ALL of the $20 billion in grants from the “gold bar” scheme meant to be funneled through eight NGOs. Read More “EPA Terminates Biden-Harris $20B ‘Gold Bar’ Grants to Cronies”

  • CNG/LNG | Exporting | Industrywide Issues

    Freeport LNG Trains 2 & 3 Go Offline Yet Again, Quick Restart

    March 12, 2025March 12, 2025

    Up/down, up/down, up/down, up/down… We can’t count how many times the Freeport LNG export facility has come online to go offline again, with the cycle repeating (see our MANY stories about the uneven Freeport here). It’s become kind of a joke. Except, it’s no joke. Freeport is (still, for now) the country’s second-largest LNG export plant, with a capacity to liquefy 2.1 Bcf/d (billion cubic feet per day) of natural gas. Some of that gas comes from the Marcellus/Utica, which is why we care about the upness and downness of this facility. Two of the facility’s three trains “tripped off” last week. They were restarted “quickly,” but the outage contributed to a decrease in feedgas flows for LNG export. Read More “Freeport LNG Trains 2 & 3 Go Offline Yet Again, Quick Restart”

  • Best of the Rest

    Other Stories of Interest: Wed, Mar 12, 2025

    March 12, 2025March 12, 2025

    OTHER U.S. REGIONS: First LNG cargo produced at Corpus Christi Stage 3 export facility; NATIONAL: Oil CEOs back Trump’s energy agenda as crude hits fresh low; US LNG exporters seek to renegotiate deals to cover rising costs; CFACT warns about dangerous wind and solar PFAS pollution; Technicals suggest natgas futures in ‘early innings of a long-term bullish cycle’; Trump just reversed course on two key U.S. climate pledges; U.S. could reach deal with Canada that avoids oil and gas tariffs; Gunvor eyes boosting US natural gas production assets; The future for oil takes center stage at CERAWeek opening day; INTERNATIONAL: Enbridge appoints Steven W. Williams as Chairman of the Board; The world has reached ‘peak oil trade’ (LOL); Oil prices rebound as market metrics signal oversold conditions; Energy market implications of Ukraine-Russia ceasefire could be huge. Read More “Other Stories of Interest: Wed, Mar 12, 2025”

  • Commodity Price | Industrywide Issues

    NYMEX Natural Gas Price Hits Two-Year High of $4.491/MMBtu

    March 11, 2025March 11, 2025

    The NYMEX natural gas “front month” futures contract (currently the April contract) closed at its highest level yesterday since Dec. 29, 2022, closing at $4.4910 per million British thermal units (MMBtu). That was a gain of 9.2 cents from Friday’s close. However, it was quite the roller coaster, at least early in the day, as the price flirted with $5. At one point the price got as high as $4.901. Although weather is typically the factor driving price gains, this time it was trader psychology and concerns that U.S. natural gas storage levels could tighten further ahead of the summer air-conditioning season (less supply with the same or increasing demand). Read More “NYMEX Natural Gas Price Hits Two-Year High of $4.491/MMBtu”

  • Ascent Resources | Chesapeake Energy | CNX Resources | Energy Companies | Energy Services | EQT Corp | Equitrans/EQT Midstream | Industrywide Issues | MarkWest Energy | Research | Seneca Resources

    Report: M-U has Lowest Methane Emission Intensity of Any O&G Basin

    March 11, 2025March 11, 2025

    The Appalachian Methane Initiative (AMI) is a coalition of leading U.S. natural gas companies in the Marcellus/Utica, including Ascent Resources, CNX Resources, EQT Corporation, Equitrans Midstream Corporation (now part of EQT), Expand Energy Corporation, MPLX, and Seneca Resources. AMI uses independent monitoring providers, technical consultants, and top-tier universities to monitor and track methane emissions in the M-U. Yesterday the group released the findings of its 2024 basin-wide methane monitoring program. The report confirms that the Appalachian Basin (the M-U) has the lowest methane emissions intensity of any major oil and gas producing basin in the United States. Read More “Report: M-U has Lowest Methane Emission Intensity of Any O&G Basin”

  • Electrical Generation | Industrywide Issues | Litigation | Statewide VA | Taxation | Virginia

    Judge Rules Virginia Can Stay Out of RGGI Carbon Tax…For Now

    March 11, 2025March 11, 2025
    click for larger version

    Last November, a Floyd County Circuit Court judge ruled Virginia Governor Glenn Youngkin’s effort to remove his state from the Regional Greenhouse Gas Initiative (RGGI) carbon tax scheme was not legal—therefore the state would, for now, remain in the carbon tax club (see Circuit Court Judge Rules Virginia Can’t Leave RGGI Carbon Tax). Youngkin promised to appeal the decision, which he did. Last week, the same court temporarily suspended its November decision that forced Virginia back into RGGI while the appeal continues. So for now, Virginia is not collecting the RGGI fee from power producers. Read More “Judge Rules Virginia Can Stay Out of RGGI Carbon Tax…For Now”

  • Electrical Generation | Industrywide Issues

    Net Power Makes Progress with Tech, High Costs a Challenge

    March 11, 2025March 11, 2025

    In December 2022, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire Net Power — an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see Dan Rice Buys Co. that Builds Zero-Carbon Gas-Fired Electric Plants). The Rice deal to buy Net Power closed in June 2023, with Danny Rice (former CEO of Rice Energy) becoming the new CEO of NET Power (see NET Power Completes $1.5B Merger with Rice Acquisition Corp.). Net Power, now a publicly traded company, issued its fourth quarter 2024 and business update yesterday to inform investors of its progress. Read More “Net Power Makes Progress with Tech, High Costs a Challenge”

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

    Anti-Drilling Trout Unlimited Crying Over $180M in Frozen Funds

    March 11, 2025March 11, 2025

    For more than 13 years MDN has harped on the fact that groups like Trout Unlimited are filled with extremist anti-drillers (see our article Anti-Drilling Close-up: Trout Unlimited from October 2012). In February 2014, a national organization aimed a spotlight on Trout Unlimited and several other so-called “conservation” groups (see Trout Unlimited, Other Groups Outted as Radical Green Groups). The Center for Consumer Freedom (CCF) said TU and several other groups, while starting with good intentions, have been “co-opted by wealthy grant-making bodies notorious for their support of anti-gun, radical environmentalist agendas” all the while pretending to support hunters and fishermen. Now comes word that anti-drilling TU is being funded with OUR tax dollars—some $180 million of our tax dollars. Trump and the DOGE team have frozen that funding and TU is crying like a baby. Read More “Anti-Drilling Trout Unlimited Crying Over $180M in Frozen Funds”

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