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Marcellus Drilling News
  • Energy Companies | EQT Corp | Industrywide Issues | Pennsylvania | Seismic Testing | Washington County

    Siesmic Testing, Drilling (?) Coming to New Eagle, PA

    June 5, 2013June 5, 2013

    Some thumping and bumping is coming to New Eagle (Washington County), PA. EQT presented plans last night at a council meeting to conduct seismic testing in the borough in late August/early September. Seismic testing, depending on what it finds, usually precedes drilling…
    Read More “Siesmic Testing, Drilling (?) Coming to New Eagle, PA”

  • Antero Resources | Chesapeake Energy | Energy Companies | Gulfport Energy | Ohio | Statewide OH | Utica Shale

    Utica Shale Potpourri: Gulfport, Chesapeake, Antero & More…

    June 5, 2013June 5, 2013

    The Akron Beacon Journal‘s Bob Downing does a great job, as usual, of jamming a lot of useful facts and figures into a single article. He posted a story on Monday that we would call “Utica Shale potpourri”…a round-up of interesting tidbits from the world of Utica Shale drilling from recent analyst and investor phone calls.

    Here’s Bob’s latest information feast!…
    Read More “Utica Shale Potpourri: Gulfport, Chesapeake, Antero & More…”

  • Energy Companies | EV Energy Partners | Ohio | Statewide OH | Utica Shale

    EV Energy Partners’ Extensive Utica Shale Investment

    June 5, 2013June 5, 2013

    As part of a larger story on investors website Seeking Alpha about EV Energy Partners, we get this interesting update about EV’s investments in drilling, midstream and even royalty investments in the Utica Shale:
    Read More “EV Energy Partners’ Extensive Utica Shale Investment”

  • Fayette County | Hydraulic Fracturing | Industrialization | Industrywide Issues | Lycoming County | Pennsylvania | Research

    USGS Report on Drilling’s Effects on PA Landscape

    June 5, 2013June 5, 2013

    The U.S. Geological Survey (USGS) has just released a new study titled, “Landscape consequences of natural gas extraction in Fayette and Lycoming Counties, Pennsylvania, 2004-2010” (full copy embedded below). The study is the fourth in a series by the USGS related to landscape disturbance from natural gas drilling activity. Drilling is an industrial activity and no one, least of all MDN, claims there is no impact from such an activity. There is. And it’s a good thing there’s some actual science going on by the USGS to measure some of the impacts–so we have good, objective information on which to base future decisions about where and how much drilling should take place.

    The USGS in their research looks at not only unconventional (or shale) drilling, but conventional as well. It is important to consider the effects of both types of drilling together, which are often performed in the same geography…
    Read More “USGS Report on Drilling’s Effects on PA Landscape”

  • Energy Services | Industrywide Issues | Luzerne County | Pennsylvania | Pipelines | Transco | Williams

    FERC Hearing Near Wilkes-Barre for Transco Pipeline Expansion

    June 5, 2013June 5, 2013

    The Federal Energy Regulatory Commission (FERC), the agency tasked with approving new interstate pipeline construction, will conduct a public hearing near Wilkes-Barre, PA on Wednesday, June 12 to consider an application by Williams to expand the Transco natural gas pipeline in the area. The proposed expansion in Luzerne County, PA (and in several other locations) will allow Williams to use more Marcellus Shale gas to service an addition 2 million homes along the pipeline’s route…
    Read More “FERC Hearing Near Wilkes-Barre for Transco Pipeline Expansion”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Wed, Jun 5, 2013

    June 5, 2013June 5, 2013

    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: Wed, Jun 5, 2013”

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

    Norse Energy 1Q13: Still Holding on in NY…by a Thread

    June 4, 2013June 4, 2013

    hanging by a threadDid NY Gov. Andrew Cuomo kill off driller Norse Energy by refusing to allow fracking and drilling in the state? We would argue the answer to that question is “Yes!”. Of course there’s no one reason why a company sinks or swims, but clearly the root cause of Norse Energy’s impending sinking is because New York has refused to let them drill on the 130,000 acres they currently hold under lease. According to MDN’s reading of Norse’s first quarter 2013 report (full copy embedded below), Norse is very close to turning out the lights. A single politician–Cuomo–is the person most responsible.
    Read More “Norse Energy 1Q13: Still Holding on in NY…by a Thread”

  • Hydraulic Fracturing | Industrywide Issues | Litigation | New York | Regulation | Statewide NY

    Landowner, Norse File Appeal with NY’s Highest Court on Town Bans

    June 4, 2013June 4, 2013

    In a very high stakes game, a New York landowner and Norse Energy have rolled the dice and last week asked New York’s highest court, the New York York Court of Appeals, to accept their appeal of two lower court losses on the issue of so-called home rule. A copy of both appeals are embedded below.

    In early May, a mid-level NY court upheld a mid-level court ruling that says local towns can willy nilly ban all drilling at the pleasure of a simple majority vote at the town board level (see Breaking: NY Court Upholds Local Town Frack Bans). Anti-drillers call it “democracy” and a victory for self-determination. MDN calls it unchecked mob rule because it allows a simple majority to violate the Constitutional rights of the minority–in this case landowners.
    Read More “Landowner, Norse File Appeal with NY’s Highest Court on Town Bans”

  • Anti-Drilling/Fossil Fuel | Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Washington County

    Local Newspaper Kind-of Turns Against PA Rep White over Fake IDs

    June 4, 2013June 4, 2013

    In the curious case of Jesse White, the PA House member who used fake online IDs to smear his own pro-drilling constituents who disagreed with his positions (see How the Mighty Have Fallen: PA Rep White Admits Guilt, Not Sorry), the local newspaper of record in White’s district, the Washington Observer-Reporter, has penned an editorial that has the feeling of (our words) “we really liked Jesse, but his latest tirade has gone too far, so we now have to throw him under the bus, dang it!” They so wanted his tough talk on drilling to be accurate, good and righteous, but now with White’s unapologetic apology, which is to say his admission that (after lying about it) that he did use fake online IDs to attack his pro-drilling constituents, all of his anti-drilling rants are utterly discredited. Dang it.

    The Observer-Reporter (O-R) amusingly compares Jesse White to the utterly discredited New York City politician Anthony Weiner, who famously tweeted pictures of his, well, wiener to some online dollies…
    Read More “Local Newspaper Kind-of Turns Against PA Rep White over Fake IDs”

  • Ashtabula County | Economic Impact | Geauga County | Industrywide Issues | Mahoning County | Ohio | Pipelines | Portage County | Processing Plants | Statewide OH | Trumbull County | Utica Shale

    Ohio Group Promotes NE Counties for New Midstream Projects

    June 4, 2013June 4, 2013

    A group of business and political leaders from northeastern Ohio have crafted and are now marketing a plan to bring midstream infrastructure to the Mahoning Valley. A new report written and distributed by this committed group, titled “Mahoning Valley Midstream” (full copy embedded below) points out that currently there are no wet natural gas gathering lines in Trumbull, Mahoning, Geauga, Portage, or Ashtabula counties. This enterprising group has an ingenious plan to remedy that situation: repurpose abandoned or partially used rail lines, as well as use a web of strategic, divided (limited access) highways that converge on the closed “rust belt” steel mills.

    They even have a site picked out for an ethane cracker plant…
    Read More “Ohio Group Promotes NE Counties for New Midstream Projects”

  • Energy Companies | Industrywide Issues | Litigation | Pennsylvania | Range Resources Corp | Washington County

    Cecil Township Re-Votes to Not Meet with Range Resources

    June 4, 2013June 4, 2013

    In the on-again, off-again antics of Cecil Township (Washington County), PA, things are “off again” when it comes to having a civil, private meeting with Range Resources to try and resolve the lawsuits Range filed against the town. Supervisors last night re-voted on a proposed meeting they previously approved (see When We Get Behind Closed Doors…Range Resources & Cecil Twp). One of the supervisors, Andy Schrader, was stomping mad about the vote to meet, behaving like a petulant child (see Cecil Twp Dysfunctional Family Feud over Range Meeting). Little Andy finally got his way last night…
    Read More “Cecil Township Re-Votes to Not Meet with Range Resources”

  • Chesapeake Energy | Energy Companies | Gulfport Energy | Halcon Resources | Ohio | Statewide OH | Utica Shale

    3 Important Questions Asked/Answered about Utica Shale Potential

    June 4, 2013June 4, 2013

    Investors website The Motley Fool does a good job of asking, and answering, three important questions about the Utica Shale play, especially in light of the recent 2012 production report issued by the Ohio Dept. of Natural Resources.

    The Fool article takes a look at: (1) Which other play(s) is the Utica like? (2) Were the 2012 numbers really a disappointment? And, (3) Why are producers holding back production?…
    Read More “3 Important Questions Asked/Answered about Utica Shale Potential”

  • Energy Services | Stallion Oilfield

    Stallion Oilfield Looks for $350M Loan, Moody’s Not Impressed

    June 4, 2013June 4, 2013

    Stallion Oilfield Holdings, an oilfield services company that provides wellsite support, completion, production and logistics services to onshore oil and gas drillers, announced yesterday they’re shopping for a $350 million loan (due payable in 2018) to pay off other loans, issue stockholder dividends, and keep the lights turned on. Stallion operates in the Marcellus and Utica Shale, among other plays. The company filed for bankruptcy protection in 2009. They also had their hands out last November, looking for a half billion dollars (see Stallion Oilfield Holdings Seeks Half Billion Dollar Loan).

    Moody’s Investors Service has taken a dim view of this latest appeal, giving the proposed loan a low rating–B3, which means: “Judged as being speculative and a high credit risk.” B3 is just one step above Caa1, which is “poor quality and very high credit risk.”
    Read More “Stallion Oilfield Looks for $350M Loan, Moody’s Not Impressed”

  • Energy Companies | Energy Corporation of America | Kanawha County | West Virginia

    ECA Breaks Ground on WV Regional HQ, Donates $600K to Clay Center

    June 4, 2013June 4, 2013

    Last week Energy Corporation of America (ECA), an oil and gas driller with more than a million acres of leases in the Marcellus and Utica Shale region and operating 4,600 (mostly conventional) wells, broke ground on a new 60,000 square foot company eastern regional headquarters in Charleston, WV. They also made a $600,000 donation to the Clay Center for the Arts and Sciences.

    From the company press release:
    Read More “ECA Breaks Ground on WV Regional HQ, Donates $600K to Clay Center”

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

    Heinz Endowments Backs both Anti- and Pro-Drilling Sides

    June 3, 2013

    both sides of the fenceYesterday the Associated Press published a story about the somewhat schizophrenic nature of the Heinz Endowments in funding both anti- and pro-drilling organizations. One person quoted in the story said Heinz is “hedging their bets”–like companies do in giving money to opponents in a political race–to curry favor with whichever one wins. Apparently Heinz, traditionally betting on the anti-drilling horse, has decided the pro-drilling horse may end up winning after all, which is something that distresses the ec0 groups. Heinz is spending money on pro-drillers, like the Center for Sustainable Shale Development (CSSD), that could be going to them. Boo hoo.

    MDN was reading and enjoying this latest fair and balanced story from AP (an unusual occurrence), a story written by someone other than Mary Esch (an AP reporter we admire), when we happened across a quote in the story we quite liked–one that made the point that eco groups are selective in whom they criticize. Dang if it wasn’t a quote from MDN! 😉 The AP reporter quoted from our story Eco Groups Shun EDF over Membership in Sustainable Shale Center. Below is the AP story from yesterday, which we modestly recommend is well worth the read, even without the MDN quote…
    Read More “Heinz Endowments Backs both Anti- and Pro-Drilling Sides”

  • Anti-Drilling/Fossil Fuel | Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Washington County

    Washington, PA Victims Reject PA Rep White’s Faux Apology

    June 3, 2013June 3, 2013

    In a follow-up to last week’s revelation that anti-drilling PA State Rep. Jesse White used fake online IDs to smear some of his own pro-drilling constituents with vicious online comments, Pittsburgh TV station KDKA (a CBS affiliate) asked two of the people White smeared if they accept his non-apology apology (see How the Mighty Have Fallen: PA Rep White Admits Guilt, Not Sorry). Their response in a word? “No!” One them has a suggestion for White: Resign. (You can weigh in on the question of whether or not White should resign in the latest MDN poll, located on the right side of any page.)

    Here’s the latest in this very sad saga:
    Read More “Washington, PA Victims Reject PA Rep White’s Faux Apology”

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