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Marcellus Drilling News
  • Industrywide Issues | Litigation | McKean County | Pennsylvania | Regulation | Wastewater

    Wastewater Injection Well in McKean County Fails 2 Integrity Tests

    February 19, 2025April 4, 2025

    NOTE: An important update on this post can be found here: Correction: Injection Well in McKean County Did NOT Fail Tests.

    In January 2024, MDN brought you the news that the Pennsylvania Dept. of Environmental Protection (DEP) approved a plan by Catalyst Energy to convert an existing conventional gas production well on Route 646 in Cyclone (Keating Township, McKean County, PA) into a shale wastewater injection well (see PA DEP Approves Shale Wastewater Injection Well in McKean County). The DEP approved the plan on Jan. 11, 2024. Residents who live nearby and are opposed appealed the decision to the PA Environmental Hearing Board (EHB), a special court set up to hear appeals of DEP decisions. The EHB issued an opinion on Dec. 27 that allowed the well to move forward (see PA EHB Allows Wastewater Injection Well in McKean County to Open). Catalyst commenced injections on Jan. 22, subject to mechanical integrity and other requirements. However, the well failed DEP mechanical integrity tests….twice. Yet it continues to inject. Read More “Wastewater Injection Well in McKean County Fails 2 Integrity Tests”

  • Commodity Price | Industrywide Issues | Weather

    Wx Drives March NYMEX Price to Close at $4/MMBtu, Spot Price Higher

    February 19, 2025February 19, 2025

    Hold on, everyone. The NYMEX natural gas price roller coaster is climbing up the next hill, and there is no telling how high it will go—or how quickly it will go down again. Yesterday, the NYMEX “front month” (March contract) for natural gas futures based on the price at the Henry Hub soared 28.2 cents to close at $4.0070 (call it $4.01). It was the sixth day in a row that the price has gone higher. The current cold snap (weather) in the central and eastern sections of the country is credited with the rise in the price. NGI reports its nationwide average for the spot price of natgas soared $1.010 to $6.880, its highest level since Winter Storm Enzo in mid-January. Read More “Wx Drives March NYMEX Price to Close at $4/MMBtu, Spot Price Higher”

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

    PJM Report: PA in Desperate Need of More Gas-Fired Power Plants

    February 19, 2025February 19, 2025

    According to a recent report from PJM Interconnection, the manager of the electric grid in all or parts of 13 states plus D.C., three electric transmission zones that are wholly or partly in Pennsylvania are expected to see sharp increases in power demand from current and new data centers in the next few years. For all three zones, PJM says the increase in demand will mostly come from existing and planned new data centers. The solution? Build more Marcellus-fired power plants to meet the demand. Read More “PJM Report: PA in Desperate Need of More Gas-Fired Power Plants”

  • Industrywide Issues | Pipelines | Statewide VA | Virginia

    Va. Democrat Lawmaker Wants to Use Tax $$ for NatGas Pipe Project

    February 19, 2025February 19, 2025

    This is one of those “man bites dog” stories. It wouldn’t be news if a Virginia House of Delegates member who is Republican proposed allocating $15 million of taxpayer money to provide “road extension, grading, and natural gas pipeline extension” for a natural gas power plant and potential data center in Pulaski County, in rural Southwest Virginia. But it definitely IS news when a Democrat proposes it! Read More “Va. Democrat Lawmaker Wants to Use Tax $$ for NatGas Pipe Project”

  • Industrywide Issues | Pipelines | Regulation

    Trump Admin Moves To Repeal Burdensome NEPA Rules – Explainer

    February 19, 2025February 19, 2025

    During President Trump’s first term, he tried to change (tweak) the National Environmental Policy Act (NEPA) to strip away some of the governmental red tape that has built up over the years, like plaque in an artery, preventing important infrastructure projects like pipelines, dams, bridges, and roads from getting built (see Trump Admin Releases Updates to National Environmental Policy Act). While helpful, ultimately, those tweaks did not last, nor did they resolve issues around regulatory delays and litigation stifling infrastructure projects. Trump II is a different story. The new administration is taking aim at the root of the NEPA tree this time around. Read More “Trump Admin Moves To Repeal Burdensome NEPA Rules – Explainer”

  • Best of the Rest

    Other Stories of Interest: Wed, Feb 19, 2025

    February 19, 2025February 19, 2025

    OTHER U.S. REGIONS: Crackdown on data centers may soon come online in California; Natural gas, propane would be considered ‘clean energy’ under Indiana bill; Calif. Gov. Newsom has positioned state to be national security risk for entire USA; NATIONAL: BlackRock pauses corporate meetings in wake of new ESG rules; What trends will shape oil and gas hiring in 2025?; INTERNATIONAL: Will OPEC sit back as non-OPEC oil gains ground?; Oil flows from Iran to China jump as traders work around us restrictions; TotalEnergies, Air Liquide plan $628 million hydrogen venture; Oil settles higher as OPEC+ weighs supply delay. Read More “Other Stories of Interest: Wed, Feb 19, 2025”

  • Energy Companies | Olympus/Huntley & Huntley

    Blackstone Looks to Sell M-U Driller Olympus Energy for $2 Billion

    February 18, 2025February 18, 2025

    Huntley & Huntley Energy Exploration (HHEX), a shale driller headquartered in Southpointe (Washington County), PA, that leases ~100,000 acres and drills in the Pittsburgh suburbs, was founded in 2012. The company renamed itself to Olympus Energy in 2019 (see PA Driller HHEX Renames Itself Olympus Energy). Olympus is majority-owned by private equity firm Blackstone. Bloomberg reports, based on anonymous sources, that Blackstone is investigating a sale of Olympus, looking to get $2 billion. Read More “Blackstone Looks to Sell M-U Driller Olympus Energy for $2 Billion”

  • Crude Oil | Industrywide Issues | Ohio | Statewide OH

    Ohio’s Utica Condensate/Light Crude Part 3 – How It’s Transported

    February 18, 2025February 18, 2025
    click for larger version

    Condensate production (super-light crude oil) in the Utica Shale’s volatile oil window in eastern Ohio has more than doubled over the past three years. RBN Energy has done a deep dive into the Ohio Utica condensate market with several posts (three so far). The first article (in early January) dealt mainly with Encino Energy, the largest condensate producer in the Ohio Utica (see Superlight Crude Production Takes Off in Eastern Ohio’s Utica Shale). The second article (in late January) focused on the play’s second, third, and fourth largest condensate producers in the state: Ascent Resources, EOG Resources, and Infinity Natural Resources, respectively (see A Look at Ohio’s Utica Condensate/Light Crude Drillers, Part 2). Today’s (third) article deals with the question of how Ohio Utica condensate finds its way to market. How is it transported? (Hint: NOT by pipeline.) Read More “Ohio’s Utica Condensate/Light Crude Part 3 – How It’s Transported”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    Many Types of Service Companies Needed to Plug Orphaned Wells in PA

    February 18, 2025February 18, 2025

    Have you ever considered all the different goods and services required to plug an orphaned well? It’s a surprisingly long and complex list! You might think (as we did), “There’s an old well, pull up with a cement mixer, dump cement down the hole, and voila, it’s done.” Not so! The process begins with locating orphaned/abandoned wells, using drones and other equipment to sniff out leaking old wells, and attempting to ascertain ownership (land records, title searches, etc.). Then, there’s preparing the site (permits required), doing the work, and monitoring after it’s done. It’s a looooong list. Read More “Many Types of Service Companies Needed to Plug Orphaned Wells in PA”

  • Electrical Generation | Industrywide Issues

    TVA Green Lights New 500 MW Natural Gas Power Plant in Mississippi

    February 18, 2025February 18, 2025

    The Tennessee Valley Authority (TVA) is a federally-owned electric utility corporation in the U.S. TVA’s service area covers all of Tennessee, portions of Alabama, Mississippi, and Kentucky, and small areas of Georgia, North Carolina, and Virginia. TVA is the sixth-largest power supplier and the largest public utility in the U.S. In 2021, MDN told you that TVA is spending over $1 billion to replace six coal-fired plants with natgas-fired turbines (see TVA Investing $1B to Build New Natgas-Fired Electric Plants). As part of the overall plan, in 2023, TVA proposed to build a new gas-fired plant at the site of a former privately operated power plant in Mississippi (see TVA Proposes New 500 MW Natural Gas Power Plant in Mississippi). Last Friday, TVA pulled the trigger and made a final investment decision to move forward with the project. Read More “TVA Green Lights New 500 MW Natural Gas Power Plant in Mississippi”

  • CNG/LNG | Exporting | Industrywide Issues

    Woodside Close to a Decision to Proceed with Former Driftwood LNG

    February 18, 2025February 18, 2025

    MDN chronicled the rise and fall of Tellurian, founded by Charif Souki (who also founded Cheniere Energy), and Tellurian’s LNG export project, Driftwood. Tellurian’s primary focus was to build Driftwood LNG, a 27.6 million tonnes of LNG per year facility that would cost $14.5 billion. Construction began on the project in March 2022, even without a final investment decision (see Tellurian Begins Construction of Driftwood LNG with No FID). The company spent more than $1 billion in building Driftwood before all the wheels came off financially. Last July, Australian LNG giant Woodside announced a deal to buy Tellurian (and Driftwood) for $1.2 billion (see Australia’s Woodside Buying Tellurian & Driftwood LNG for $1.2B). The deal closed in October. Read More “Woodside Close to a Decision to Proceed with Former Driftwood LNG”

  • CNG/LNG | Exporting | Industrywide Issues

    Venture Global Says CP LNG Finally Ready on April 15

    February 18, 2025February 18, 2025

    Well, look at this. After liquefying and exporting over 350 cargoes of LNG from March 1, 2022, through January 2025, Venture Global says its Calcasieu Pass (CP) LNG export facility is finally “ready” to begin “commercial” operations….on April 15th of this year. Nearly three years after it began shipping LNG. Venture Global has claimed the CP facility was not commercially ready until now. Read More “Venture Global Says CP LNG Finally Ready on April 15”

  • ESG | Industrywide Issues | Regulation

    DOE Sec. Wright: Net-Zero is Not Energy Transition, It’s Lunacy

    February 18, 2025February 18, 2025

    Newly-confirmed Secretary of Energy, Chris Wright, appeared virtually before the ARC Conference in London yesterday. ARC stands for The Alliance for Responsible Citizenship, an international movement with a vision for a better world where empowered citizens take responsibility and work together to bring flourishing and prosperity to their families, communities, and nations. The ARC organization tilts right. During a Q&A interview, Wright shared some fantastic truths, among them: “Net zero 2050 is a sinister goal, it’s a terrible goal.” He also said that countries that set net zero goals “export your industry.” And net-zero “is not energy transition” but instead “is lunacy.” Three cheers for Chris Wright! Read More “DOE Sec. Wright: Net-Zero is Not Energy Transition, It’s Lunacy”

  • Best of the Rest

    Other Stories of Interest: Tue, Feb 18, 2025

    February 18, 2025February 18, 2025

    NATIONAL: Chevron vice chairman confirms job cuts; INTERNATIONAL: EU Commission warns a host of member states on adoption of energy rules; Will Europe return to Putin’s gas?; Is an oil market share war on the cards for 2025?; Coal’s persistence signals the myth of the energy transition. Read More “Other Stories of Interest: Tue, Feb 18, 2025”

  • Coterra Energy (Cabot O&G) | Energy Companies | Energy Services | Industrywide Issues | New York | Pennsylvania | Pipelines | Regulation | Statewide NY | Statewide PA | Williams

    Stop Press! Trump Pledges to Revive PA-to-NY Constitution Pipeline

    February 17, 2025February 17, 2025

    Never in our wildest dreams did we see this one coming. And we must caution against too much hope. However, we are JAZZED. Last Friday, President Trump signed yet another executive order. This EO creates the National Energy Dominance Council, directing the new council to move quickly to increase domestic oil and gas production (see our companion post today for details). During comments with reporters at the EO signing, Trump vowed to complete the long-dead Pennsylvania Marcellus to New York State Constitution Pipeline! Trump’s own words: “We are going to get this done, and once we start construction, we’re looking at anywhere from nine to 12 months.” Holy smokes!!!! Read More “Stop Press! Trump Pledges to Revive PA-to-NY Constitution Pipeline”

  • Industrywide Issues | Regulation

    Trump Signs EO Establishing National Energy Dominance Council

    February 17, 2025February 17, 2025

    President Trump signed an executive order Friday establishing the National Energy Dominance Council. The Council will be chaired by Secretary of the Interior Doug Burgum and vice-chaired by Energy Secretary Chris Wright. The other members are essentially all of the cabinet members, the secretaries of the other executive branch agencies, including State, Treasury, Defense, Justice, Agriculture, Commerce, Transportation, EPA, and a litany of others. Among the instructions (duties) of the new Council is this: “Advise the President on how best to exercise his authority to produce more energy to make America energy dominant.” During a confab with reporters, President Trump said, “We have more energy than any other country, and now we’re unleashing it.” The council will advise the president on energy markets, investments, and how to keep the cost of energy down for Americans. Read More “Trump Signs EO Establishing National Energy Dominance Council”

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