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Marcellus Drilling News
  • Electrical Generation | Industrywide Issues | Meetings

    Appalachian AI Energy Conference Coming May 21 – Must Attend Event!

    February 26, 2025February 26, 2025

    MDN has written numerous posts about AI (artificial intelligence) and the data centers that provide the computing power AI requires. Why? AI data centers use enormous amounts of electricity, most of which is generated by natural gas-fired power plants. Some 25% of all the data centers currently operating in the country are located in northern Virginia, where they use Marcellus/Utica molecules. The entire data center sector is about to experience massive growth—much of it in the M-U. Now comes word of the perfect event that showcases the M-U as THE region to build new data centers. Our friend Joe Barone with Shale Directories and Tom Gellrich, CEO and Founder of H2-CCS Network, will host the Appalachian AI Energy Conference, scheduled for May 21, 2025, at the Hilton Garden Inn Pittsburgh in Southpointe. This is a must-attend event! Read More “Appalachian AI Energy Conference Coming May 21 – Must Attend Event!”

  • Electrical Generation | Industrywide Issues | Research

    Power Plants Closing in 2025 Include 8.1 GW Coal, 2.6 GW NatGas

    February 26, 2025February 26, 2025

    U.S. power generators plan to retire about 8.1 gigawatts (GW) of coal-fired power generation capacity this year, roughly double the amount that was retired in 2024, the Energy Information Administration said on Tuesday. In addition, power generators plan to retire 2.6 GW of U.S. natural gas capacity, representing 0.5% of the natural gas fleet in operation at the end of 2024. The natural gas plants are older (less efficient) simple-cycle plants. Read More “Power Plants Closing in 2025 Include 8.1 GW Coal, 2.6 GW NatGas”

  • Industrywide Issues | Regulation

    Trump SEC Dumps Woke GHG Climate Disclosure Regulation

    February 26, 2025February 26, 2025

    The U.S. Securities and Exchange Commission (SEC), corrupted by the Bidenistas, voted 3-2 (three Democrats vs. two Republicans) in March 2024 to issue a final regulation that will force all publicly traded companies to disclose their so-called greenhouse gas (GHG) emissions and the imaginary climate risks their businesses face (see Woke SEC Adopts Modified Version of Climate Disclosure Reg). The result of the Biden SEC’s regulations would be to “kneecap” oil and gas companies, which was by design (see SEC Reg Requiring Disclosure of Climate Change Risk “Kneecaps” O&G). Lawsuits ensued, delaying the implementation of the regulation (see The Many Lawsuits Challenging Woke SEC’s Climate Disclosure Reg). The good news is that Trump’s takeover of the SEC has reversed and canceled this “deeply flawed” regulation. Read More “Trump SEC Dumps Woke GHG Climate Disclosure Regulation”

  • Best of the Rest

    Other Stories of Interest: Wed, Feb 26, 2025

    February 26, 2025February 26, 2025

    OTHER U.S. REGIONS: Black Gold starts drilling at Indiana well; NATIONAL: The AI data-center boom is a job-creation bust; What Jon Stewart and others get wrong about big oil subsidies; LNG takes the crown in Trump’s energy push; INTERNATIONAL: Oil slumps as US confidence dives; Leading energy companies holding back renewables commitments; Controlling ways to generate electricity through subsidies terrible plan for planet. Read More “Other Stories of Interest: Wed, Feb 26, 2025”

  • Industrywide Issues | Litigation | Pennsylvania | Regulation | Statewide PA

    PA Gov. Claims Victory in Un-Pausing $2B in Energy-Related Pymts

    February 25, 2025February 25, 2025

    Pennsylvania Gov. Josh Shapiro can rest easy now that he’s got his “fix” of $2.1 billion in federal taxpayer money promised to him by the Bidenistas before they left town. As you may recall, the Trump administration put an immediate pause on some federal funds after Elon Musk’s DOGE kids discovered massive fraud in government programs. The pause sent Shapiro into a tailspin like a junkie cut off from his drug supplier, so he sued to restore his money fix (see PA Gov. Sues Trump Admin for Pausing $2B in Energy-Related Payments). As we said then, the pause was temporary, giving the Trump team time to sort out the fraudsters from legitimate payments. The Trump team has restarted the payments to PA, so Governor Huckster, er, a, Shapiro, is claiming victory. There was never any doubt the payments would restart once they were validated as legitimate. Read More “PA Gov. Claims Victory in Un-Pausing $2B in Energy-Related Pymts”

  • Ohio | Statewide OH

    OH Short Line Railroad Gears Up to Carry More Utica Frac Sand

    February 25, 2025February 25, 2025

    We’re always suckers for a good railroad story. We spotted an article in Railway Age magazine announcing the publication’s 2025 Short Line and Regional Railroads of the Year. Among the list of honorable mentions was the Columbus & Ohio River Rail Road Company (CUOH), owned by Genesee & Wyoming. CUOH operates in Ohio, with its main line stretching from Columbus to Mingo Junction near Steubenville on the Ohio River. Spanning 277 miles of track, it connects central and eastern Ohio, serving various industries, including the Utica Shale industry. Read More “OH Short Line Railroad Gears Up to Carry More Utica Frac Sand”

  • Commodity Price | Industrywide Issues

    Natural Gas Price Up 150% from 1 Year Ago, Not Coming Down Soon

    February 25, 2025February 25, 2025

    Here’s a factoid that had escaped our notice until now: The NYMEX “front month” contract price for natural gas today is ~150% higher than it was one year ago. Yesterday, February 24, 2025, the NYMEX natural gas front-month contract (March 2025) settled at $3.994 per MMBtu. The same price a year ago was $1.602 per MMBtu (Feb. 23, 2024)—technically 142% higher over the past year. Any way you slice it, gas prices are up, and according to an analysis by Tsvetana Paraskova for Oilprice.com, the price is likely to stay higher. Read More “Natural Gas Price Up 150% from 1 Year Ago, Not Coming Down Soon”

  • Industrywide Issues | Pennsylvania | Pipelines | Supply Chain | Washington County

    Steel Nation Expands with New Mechanical Service

    February 25, 2025February 25, 2025

    The great folks at Steel Nation, headquartered in Canonsburg, PA, have built over 2,200 compressor stations and other structures for the oil and gas industry in the Marcellus/Utica (and beyond) over the past 17 years. Last November, Steel Nation announced it had launched a new division to build electric microgrids for companies looking to create their on-site power plants to ensure their operations run efficiently 24/7/365 (see Steel Nation Launches Microgrid Division to Provide Reliable Energy). The new division, Steel Nation Microgrids, works on projects from small 20 MW microgrid centers up to large hyperscale data centers that can require over a gigawatt of reliable on-site electricity to run AI facilities. The company is expanding yet again by acquiring Hayes Mechanical’s Pittsburgh-based operations, expanding the company’s facilities services business. Read More “Steel Nation Expands with New Mechanical Service”

  • Coterra Energy (Cabot O&G) | Energy Companies

    Dan Dinges, Former Cabot O&G CEO, Retiring from Coterra Board

    February 25, 2025February 25, 2025
    Dan Dinges

    It’s the end of an era. Coterra Energy Inc. yesterday announced that Dan O. Dinges and Robert S. Boswell plan to retire from the Board of Directors at the end of their current term and not stand for re-election at Coterra’s 2025 annual meeting of stockholders. Dan Dinges served as Chairman, President, and CEO of Cabot Oil & Gas for 20 years, with nearly 40 total years of executive management experience in the oil and gas exploration and production business. Dan’s leadership at Cabot and his impact on the shale gas industry in the Pennsylvania Marcellus cannot be overstated. He was a giant in our industry. Read More “Dan Dinges, Former Cabot O&G CEO, Retiring from Coterra Board”

  • CNG/LNG | Energy Companies | Exporting | Industrywide Issues | Research | Shell

    Shell’s LNG Outlook Predicts Worldwide LNG Demand Up 60% by 2040

    February 25, 2025February 25, 2025

    Shell, which dropped “Royal Dutch” from its name after leaving The Netherlands in 2022 due to high taxes and overregulation, is one of the world’s supermajors (oil and gas driller). Shell is also one of (perhaps THE) largest producers and vendors of LNG, or liquefied natural gas, worldwide. The company has just released its ninth annual LNG Outlook 2025 (full copy below), which highlights key trends in 2024 and hauls out the crystal ball to predict where things are heading over the next 15 years. Shell predicts that global demand for liquefied natural gas (LNG) is forecast to rise by around 60% by 2040, which is largely driven by economic growth in Asia, emissions reductions in heavy industry and transport, and the impact of artificial intelligence. Read More “Shell’s LNG Outlook Predicts Worldwide LNG Demand Up 60% by 2040”

  • Industrywide Issues | NGLs

    Most Propane Comes from Heavy Hydrocarbon (Crude Oil) Wells

    February 25, 2025February 25, 2025

    LPG, or liquefied petroleum gas, is known by the more common name of propane. Propane is an NGL (natural gas liquid). Propane is a byproduct of drilling for oil and natural gas. In fact, according to a new article in LPGas magazine, it’s a misconception to say companies drill for oil or natural gas. The more accurate description is that drillers drill for hydrocarbons because every hole they sink brings multiple hydrocarbons out of the ground, including crude oil (or condensate), methane (CH4), ethane (C2H6), propane (C3H8), and other hydrocarbons like pentane, butane, and others. It would be accurate to say drillers primarily drill for single hydrocarbons, namely crude oil and/or natural gas. However, other hydrocarbons, including propane, come out of the ground as byproducts. Read More “Most Propane Comes from Heavy Hydrocarbon (Crude Oil) Wells”

  • Best of the Rest

    Other Stories of Interest: Tue, Feb 25, 2025

    February 25, 2025February 25, 2025

    OTHER U.S. REGIONS: Under extremist legislation, New Yorkers will pay $3 billion a year more for energy; New York green car law has auto dealers fired up as looming deadline doesn’t match ‘reality’; NATIONAL: Winter finally gives us natural gas room to run; INTERNATIONAL: Oil edges up amid uncertainty; BP set to scrap oil and gas production cuts. Read More “Other Stories of Interest: Tue, Feb 25, 2025”

  • Baker Hughes | Energy Services | Industrywide Issues | Ohio | Pennsylvania | Research | Statewide OH | Statewide PA | Statewide WV | West Virginia

    National Rig Count Gains 4 @ 592; M-U Rig Count Adds 1 @ 35

    February 24, 2025February 24, 2025

    For the fourth week in a row, the Baker Hughes U.S. rig count added rigs—to the highest level since last June! Three weeks ago, the rig count gained four rigs to 586. Two weeks ago, the count regained another two rigs to 588. Last week, the count added four new rigs for 592. Note that the national count remained in a tight range of 581-589 for much of last year. We’ve just broken through. As for the Marcellus/Utica, the rig count was a combined 35 last week, adding a new rig to the mix. The new rig was added in West Virginia. Read More “National Rig Count Gains 4 @ 592; M-U Rig Count Adds 1 @ 35”

  • Carroll County | Encino Energy | Energy Companies | Ohio

    Finally, 1st Well Drilled Under Ohio State-Owned Wildlife Area

    February 24, 2025February 24, 2025

    It was a long time coming, but a driller finally sunk a horizontal well under (not on) an Ohio state-owned park/wildlife refuge. The Ohio Oil & Gas Land Management Commission (OGLMC) awarded a contract to Encino Energy to drill under the Valley Run Wildlife Area on February 26, 2024. On that date, the commission selected Encino as the winning bidder for the mineral rights to frack under Valley Run Wildlife Area in Carroll County, Ohio, as part of a broader decision to lease parts of state-owned lands, including Salt Fork State Park and Zepernick Wildlife Area, to oil and gas companies (see Ohio Awards Drilling Contracts for State Parks – Salt Fork Surprise). Encino leased three parcels at Valley Run for $1.05 million. The OGLMC’s decision followed a bidding process that began in January 2024 and concluded with the commission’s approval of the “highest and best” bids at their meeting on February 26 last year. And now, finally, Encino has drilled its first well under Valley Run. Read More “Finally, 1st Well Drilled Under Ohio State-Owned Wildlife Area”

  • Industrywide Issues | Regulation

    Trump Army Corps IDs Dozens of M-U Projects for Emergency Review

    February 24, 2025February 24, 2025

    On President Trump’s very first day in office, he signed an executive order called “Declaring a National Energy Emergency” (see Trump EO Declares National Energy Emergency – “Drill, Baby, Drill!”). Trump’s EO prioritizes completing energy infrastructure projects, like pipelines. It specifically talks about the Clean Water Act’s Sections 403 and 404, which states like New York have used to block new pipelines. The EO contains this sentence: “Agencies are directed to use, to the fullest extent possible and consistent with applicable law, the emergency Army Corps of Engineers permitting provisions to facilitate the Nation’s energy supply.” The Army Corps recently marked for fast-track review more than 600 applications for permits. A number of them (dozens) are for shale wells and pipelines in the Marcellus/Utica region. Read More “Trump Army Corps IDs Dozens of M-U Projects for Emergency Review”

  • Electrical Generation | Energy Companies | EQT Corp | Industrywide Issues

    EQT’s Rice Says Natural Gas Will Take “Lion’s Share” of AI Power

    February 24, 2025February 24, 2025
    Toby Rice

    EQT President and CEO Toby Rice joined CNBC’s ‘Mad Money’ host Jim Cramer on Friday to talk about the state of the energy sector, natural gas prices, energy development, and more. Rice claimed that natural gas will be a major source of power for the burgeoning AI boom. “We firmly believe that natural gas is going to take the lion’s share of power demand to meet this growing AI demand need,” Rice said. “And people need to understand, this is not just a luxury item, this is not just going to make our apps better, this is absolutely critical that America wins the AI race.” Read More “EQT’s Rice Says Natural Gas Will Take “Lion’s Share” of AI Power”

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