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Marcellus Drilling News
  • Industrywide Issues | Research

    New Study Proves Fossil Fuels NOT Source of Methane in Atmosphere

    October 28, 2024October 28, 2024

    How often have we told you the mainstream media lies to you about fossil energy? Maybe a bazillion times, right? Today, we have a case that incontrovertibly proves our point. Last Friday, researchers from Colorado University at Boulder (CU) and collaborators from several other institutions published a new study in the peer-reviewed Proceedings of the National Academy of Sciences (PNAS). The study proves that so-called fugitive methane floating in the atmosphere is NOT coming from fossil fuels. At least, the contribution from fossil fuels is minor and nonconsequential. Where DOES fugitive methane come from? The researchers can’t be 100% sure (yet), but they say it’s either natural (Mom Earth, things like wetlands) or agriculture (cow burps and rice paddies). And where are the stories in mainstream media about this earth-shattering discovery? NOWHERE. It’s crickets. You can’t FIND a mainstream article that covers this study. Nothing in the New York Times, Los Angeles Times, Washington Post, Miami Herald, Houston Chronicle, AP, UPI, ABC, NBC, CBS, CNN, MSNBC, etc. Read More “New Study Proves Fossil Fuels NOT Source of Methane in Atmosphere”

  • Best of the Rest

    Other Stories of Interest: Mon, Oct 28, 2024

    October 28, 2024October 28, 2024

    MARCELLUS/UTICA REGION: Trump pledges to slash energy costs, lift LNG pause, and ‘frack, frack, frack’; DEP extends air quality permits for temporary operation of Shell cracker; OTHER U.S. REGIONS: South Dakota Supreme Court deals setback to CCS pipeline; Transparency and technology are transforming permitting in Virginia; NATIONAL: Analysts look at natural gas price rise; Suddenly energy realism is a winning political issue; Harris wears the mask of an energy moderate as a ploy to attract votes; INTERNATIONAL: Oil prices continue to yo-yo; European gas industry abandons deal to retrain workers for low carbon economy. Read More “Other Stories of Interest: Mon, Oct 28, 2024”

  • Ascent Resources | Carroll County | Encino Energy | Energy Companies | Harrison County | Lycoming County | Marshall County | Ohio | Pennsylvania | Seneca Resources | Southwestern Energy | Susquehanna County | Weekly Permits | West Virginia

    14 New Shale Well Permits Issued for PA-OH-WV Oct 14 – 20

    October 25, 2024October 25, 2024

    For the week of Oct 14 – 20, there were 14 permits issued to drill Marcellus/Utica wells, up from 10 permits issued the prior week. The Keystone State (PA) had just four new permits (down from six the previous week), with three going to Southwestern Energy (now Expand Energy) in Susquehanna County and one for Seneca Resources in Lycoming County. The Buckeye State (OH) had seven new permits, with six going to Encino Energy (EAP) for two pads in Carroll County. The other OH permit was for Ascent Resources in Harrison County. The Mountain State (WV) issued three new permits, with all three going to Southwestern Energy (now Expand Energy) in Marshall County. Read More “14 New Shale Well Permits Issued for PA-OH-WV Oct 14 – 20”

  • Industrywide Issues | Ohio | Research | Statewide OH

    EIA: Utica Shale Gas Production Dropped 10% First 9 Mos. of 2024

    October 25, 2024October 25, 2024

    The U.S. Energy Information Administration (EIA) reports that U.S. natural gas production from shale and tight formations declined by about 1% from January through September 2024 compared to the same period in 2023. Most of the decline comes from two shale plays—the Haynesville in Louisiana and Texas (down 12%) and the Utica Shale in Ohio, Pennsylvania, and West Virginia (down 10%). Although the EIA’s analysis (below) is excellent and instructive, it misses one important detail about the decrease in Utica Shale gas production. Read More “EIA: Utica Shale Gas Production Dropped 10% First 9 Mos. of 2024”

  • Electrical Generation | Energy Companies | Industrywide Issues | Range Resources Corp

    Range Confirms Talking with Data Centers to Provide Gas for Power

    October 25, 2024October 25, 2024

    Yesterday, MDN reported on Range Resources’ third quarter update (see Range 3Q Update: Adding 47 Wells in 2024, NGLs Boost Revenue). We left some things out of our analysis—important things. Range executives said they expect a big increase in natural gas demand right here in Marcellus/Utica and next door in the southeast. The M-U produced 34 Bcf/d in 2023. Range management believes that number will soar to as much as 40 Bcf/d by 2028—in a span of five years. Where is the new demand coming from? Read More “Range Confirms Talking with Data Centers to Provide Gas for Power”

  • Belmont County | Carbon Capture | Industrywide Issues | Marshall County | Ohio | West Virginia

    DOE Spending $44M on Drilling Two CO2 Injection Wells in WV & OH

    October 25, 2024October 25, 2024

    The Biden-Harris administration continues to spend money like drunken sailors. They can’t hand it out fast enough ahead of November 5th. We can’t even count how much has been doled out just this week—certainly several billion dollars. Some of the money flowing out of D.C. this week ($44 million) will go to a project that is part of the Appalachian Regional Clean Hydrogen Hub (ARCH2) to establish new carbon dioxide injection wells, one in Marshall County, WV, and one in Belmont County, OH. Read More “DOE Spending $44M on Drilling Two CO2 Injection Wells in WV & OH”

  • Carbon Capture | Energy Companies | EQT Corp | Industrywide Issues

    Tenaska & EQT Dip Toe in CCS Waters, Wells Coming in 5-10 Years

    October 25, 2024October 25, 2024

    As we outline in a companion post today, the Biden-Harris Department of Energy is investing $44 million in a project to drill two carbon dioxide injection wells, one in West Virginia and the other in Ohio (see DOE Spends $44M on Drilling CO2 Injection Wells in WV & OH). Some companies are ready to dive into the CCS pool. Others in our region are also exploring the carbon capture and sequestration (CCS) space but are proceeding a bit slower, dipping their toes first. Power plant and energy-trading giant Tenaska and Marcellus/Utica driller EQT are “cautiously moving ahead with plans to develop carbon storage projects in the region.” Both indicate it will take “years to develop” carbon injection wells. They both plan to have carbon wells operating in the next 5-10 years. Read More “Tenaska & EQT Dip Toe in CCS Waters, Wells Coming in 5-10 Years”

  • Electrical Generation | Industrywide Issues | Ohio | Statewide OH

    Big Tech Not Happy with OH Utility Counterproposal re Data Centers

    October 25, 2024January 9, 2025

    Last week, MDN brought you a story about a developing issue of who, ultimately, should pay to build out new electricity sources for data centers (and AI) that increasingly use huge amounts of power (see Big Tech and Big Utility Tangle in Ohio re Data Center Electricity). A large utility company in central Ohio, AEP Ohio, is tangling with Big Tech companies, including Amazon, Google, and others, about the commitments those companies should make before it will risk investing billions to bring new power facilities (natgas, solar, wind, nukes, whatever) online. We have the next chapter in this ongoing saga. AEP Ohio filed a counterproposal on Wednesday that it hopes the state Public Utilities Commission of Ohio (PUCO) will adopt. Big Tech is NOT pleased and says Ohio risks losing out on constructing new data centers should AEP’s counterproposal go forward. Read More “Big Tech Not Happy with OH Utility Counterproposal re Data Centers”

  • Electrical Generation | Industrywide Issues

    PJM CEO Says Lack of New Power for Grid Threatens “Our Way of Life”

    October 25, 2024October 25, 2024
    Manu Asthana, CEO of PJM

    The CEO of the country’s largest electric grid, PJM Interconnection, which covers all or parts of 13 states, including PA, OH, and WV, is ratcheting up his rhetoric about his concerns that PJM is heading for outages if new sources of power don’t come online quickly. At a recent meeting of the Organization of PJM States, Inc. (OPSI), the PJM CEO said, “I feel more concerned today than I did two years ago about resource adequacy. Load is growing much faster than we had projected then, which even back then was an eye-popping set of numbers.” He also said, “We need capacity – a lot of capacity.” Chief among what PJM needs is more gas-fired power plants. Read More “PJM CEO Says Lack of New Power for Grid Threatens “Our Way of Life””

  • Best of the Rest

    Other Stories of Interest: Fri, Oct 25, 2024

    October 25, 2024October 25, 2024

    MARCELLUS/UTICA REGION: Coterra moving/downsizing its Pittsburgh office; Pennsylvania to get $244M more for abandoned mine land cleanup; WATT Fuel Cell wins Technology Innovation Leadership Award; Blue Bird delivers first fleet of propane-powered buses to Philadelphia; OTHER U.S. REGIONS: Exxon Mobil, Qatar get 3-year extension to build their LNG plant in Texas; NATIONAL: Patterson-UTI offers sobering outlook for natgas, drilling in 2025; BP Energy Partners announces growth investment in Novitech; Propane buses drive the future of student transportation; INTERNATIONAL: Globe on course for warming of up to 3.1C, warns UN; Oil drops amid supply glut fears. Read More “Other Stories of Interest: Fri, Oct 25, 2024”

  • Carroll County | Encino Energy | Energy Companies | Ohio

    Encino Looks to Expand Drilling Under & Around Leesville Lake, OH

    October 24, 2024October 24, 2024

    Encino Energy wants to establish new oil and gas wells on Leesville Lake lands owned by the Muskingum Watershed Conservancy District (MWCD) in Carroll County. The conservancy district’s board of directors is expected to consider a lease agreement with the company’s Ohio affiliate at its meeting tomorrow. The left is apoplectic. The MWCD manages over 54,000 acres of land in Ohio. Over the past decade, the MWCD has leased over half of that land for shale drilling. This isn’t the conservancy’s first rodeo with shale drillers. Encino is one of four operators the MWCD has leased with and is the largest of the four that leases MWCD-owned acreage. Read More “Encino Looks to Expand Drilling Under & Around Leesville Lake, OH”

  • Energy Companies | Pennsylvania | Range Resources Corp | Washington County

    Range Resources Celebrates 20th Anniv. of Very First Marcellus Well

    October 24, 2024October 24, 2024

    What seemed like a failed exploration in the early 2000s turned into a global economic and geological treasure that helped turn the U.S. into the largest natural gas producer in the world. Thanks to the grit, determination, and belief that there was more to explore, the Range Resources team of 2004 successfully completed the first viable Marcellus Shale exploratory well – the Renz #1 – in Mt. Pleasant Township, Washington County, PA. Range personnel and other officials gathered earlier this week to mark the anniversary and view a new historical landmark plaque that will be installed at the Renz well site next spring. Read More “Range Resources Celebrates 20th Anniv. of Very First Marcellus Well”

  • Energy Companies | Range Resources Corp

    Range 3Q Update: Adding 47 Wells in 2024, NGLs Boost Revenue

    October 24, 2024October 24, 2024

    Range Resources Corporation, the very first company to drill a shale well targeting the Marcellus Shale layer in Pennsylvania (in 2004), issued its third quarter 2024 update yesterday. Range produced 2.2 Bcfe/d in Q3. The company said it now expects 2024 production to average 2.17 Bcfe/d, up ~2% over the last three years as a result of well performance and optimized gathering and compression. Liquids are expected to comprise more than 30% of production and a big reason why the company made $50.6 million in profit for the quarter. Read More “Range 3Q Update: Adding 47 Wells in 2024, NGLs Boost Revenue”

  • Energy Companies | EQT Corp | ESG | Industrywide Issues

    EQT Hits “Net Zero” Scope 1 & 2 Emissions Targets Early

    October 24, 2024October 24, 2024

    Yesterday, EQT announced that the company had reached so-called “net zero” emissions for Scopes 1 and 2 more than a year earlier than planned. The milestone includes assets purchased and added to the company from Alta Resources and Tug Hill/XcL Midstream. However, it does not include the assets added from the Equitrans Midstream merger in July. The company has replaced over 9,000 pneumatic devices, electrified its fracking fleet, and implemented new technologies to monitor methane emissions. According to EQT, it has paid off. Read More “EQT Hits “Net Zero” Scope 1 & 2 Emissions Targets Early”

  • Electrical Generation | Energy Companies | Industrywide Issues | Shell

    Shell Buys Gas-Fired Power Plant Near Providence, Rhode Island

    October 24, 2024October 24, 2024
    Rhode Island State Energy Center (click for larger version)

    Shell signed an agreement to buy 100% of RISEC Holdings’ 609-megawatt (MW) two-unit combined-cycle gas turbine power plant located near Providence, Rhode Island. Which we find interesting—that Rhode Island (of all places) still has a large gas-fired power plant operating. We thought the commies who run Rhode Island would have killed such a plant long ago! But no. Shell bought the plant out of self-interest. The company supplies natural gas to the plant. So now, Shell is the owner and customer all wrapped up in one. Read More “Shell Buys Gas-Fired Power Plant Near Providence, Rhode Island”

  • CNG/LNG | Industrywide Issues

    Don’t Tell the Left: Some Trains Already Transport LNG Every Day

    October 24, 2024October 24, 2024

    Here’s something the radical left in mainstream media that demagogues LNG-by-rail either doesn’t know or is covering up: There are some trains *already* transporting LNG on rail cars today, despite a ban on the practice by the Bidenista. How? Some trains use LNG as fuel for the locomotive engines that pull the train. The LNG is stored in a specially outfitted rail car, the same type of car now banned by the Pipeline and Hazardous Materials Safety Administration (PHMSA). LNG-for-fuel is being used by at least one railroad (in Florida) every single day. Meaning all of the howling from the left about “bomb trains” hauling LNG through populated communities is nonsensical garbage. Read More “Don’t Tell the Left: Some Trains Already Transport LNG Every Day”

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  • Investment Firm Offers Devon Energy $8B for PA Marcellus Assets
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