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Marcellus Drilling News
  • Allegheny County | Economic Impact | Industrywide Issues | Pennsylvania

    I’ve Been Workin’ on the (Short Line) Railroad, All the Live-Long Day

    November 16, 2012November 16, 2012

    More feel-good stories of how the Marcellus Shale has almost single-handedly revived the short line railroad business. The Pittsburgh Tribune-Review has an excellent roundup piece that covers a number of short line railroads that have gotten a second chance because of the Marcellus. The article begins with this story about the Allegheny Valley Railroad company, located in a Pittsburgh suburb:

    Read More “I’ve Been Workin’ on the (Short Line) Railroad, All the Live-Long Day”

  • Economic Impact | Industrywide Issues | Lehigh County | Pennsylvania | Statewide PA

    Canadian Firm Building 2nd NatGas Power Plant Near Allentown

    November 16, 2012November 16, 2012

    Two months ago Canadian firm EmberClear Corp. announced they will build a new 300 megawatt (MW) electrical generating plant west of Allentown, PA. The plant, called Good Spring NGCC 1, will cost $400 million to build and create $1 billion in economic impact for the community (see this MDN story). The original plan was to use coal to power the plant, but EmberClear changed and decided to use abundant, cheap Marcellus Shale gas instead.

    Although construction on that plant has not yet begun, EmberClear announced on Tuesday of this week that they now plan to build a second 300 MW electrical generating plant on the same property—Good Spring NGCC 2—which will also use Marcellus natural gas for power. From the EmberClear announcement:

    Read More “Canadian Firm Building 2nd NatGas Power Plant Near Allentown”

  • Energy Companies | Exxon Mobil | Industrywide Issues | Taxation

    Exxon Mobil Foolishly Backs Obama Carbon Tax Idea

    November 16, 2012November 16, 2012

    Exxon Mobil is a major disappointment. Since 2009 they’ve supported a so-called “carbon tax” over what they consider a less-desirable alternative—legislation capping carbon dioxide emissions. Carbon dioxide, in case you didn’t know, is the substance you breathe out with every breath you take. Plants breathe it in. Plants, on the other hand, expire oxygen that we animals breathe in—something called the circle of life. Obama and green wackos want to tax carbon dioxide emissions in the misbegotten belief it’s “polluting the planet” and that by taxing it, you will cause its use to go down. (Maybe a tax on breathing will be next?) Boggles the mind.

    What boggles the mind even more is Exxon’s support for the idea. A carbon tax is nothing more than a huge, new tax increase that gives greedy politicians more money to play with, reduces manufacturing activity (and jobs at those manufacturers), and overall is about the worst idea anyone has had in oh, about a century.

    Read More “Exxon Mobil Foolishly Backs Obama Carbon Tax Idea”

  • Hydraulic Fracturing | Industrywide Issues

    Obama’s War on Fossil Fuels (and Jobs)

    November 16, 2012November 16, 2012

    Warning: If you voted for Obama and don’t like reading critiques of our Dear Leader, move along and don’t bother reading this post. You’ve been warned.

    The former chief Republican counsel to the Senate Foreign Relations Committee and author William C. Triplett II has an article in yesterday’s Washington Times that is a must read. Triplett makes a visit to various shale plays around the country, including the Marcellus in West Virginia, and comes to the conclusion that the miracle of hydraulic fracturing is now the fourth economic revolution since the end of World War II (the others being the jet engine, integrated circuits/modern electronics and the Internet, all invented by Americans). Triplett expected to see an exciting new industry—what he didn’t expect, and found, were the stories of how the shale revolution has profoundly and positively affected individuals.

    Read More “Obama’s War on Fossil Fuels (and Jobs)”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Fri, Nov 16, 2012

    November 16, 2012November 16, 2012

    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: Fri, Nov 16, 2012”

  • Chesapeake Energy | Energy Companies | EnerVest | Gulfport Energy | Lease & Royalty Payments | Meetings | Utica Shale

    EnerVest CEO Contradicts McClendon: Utica Oil Will be Big

    November 15, 2012November 15, 2012

    yes no maybeAt the Developing Unconventional Gas (DUG) East Conference in Pittsburgh yesterday, EnerVest CEO John Walker contradicted the view of Chesapeake CEO Aubrey McClendon. McClendon said the Ohio Utica Shale will not produce much oil—at least for Chesapeake (see this MDN story). Walker said he believes the Utica will produce a lot of oil—that is, once they figure out the “right completion method.”

    Gulfport’s CEO Jim Palm also spoke glowingly about the Utica at the conference. Gulfport, you may recall, has the highest producing Utica well so far (see this MDN story). The conference is organized by Hart Energy, who provided information stating lease payments in the Ohio Utica Shale have reached as high as $8,000 per acre.

    Read More “EnerVest CEO Contradicts McClendon: Utica Oil Will be Big”

  • Economic Impact | Ethane | Industrywide Issues | Jobs | Processing Plants | West Virginia | Wood County

    Wood County, WV in the Running for Ethane Cracker

    November 15, 2012November 15, 2012

    According to Kevin DiGregoria, executive director of the Chemical Alliance Zone West Virginia, Wood County, WV is one of the prime locations in the state being considered for a new ethane cracker plant. DiGregorio also said the Marcellus Shale will be around for at least 30 years and is “an economic grand slam” for the state.

    DiGregoria was joined by WV Commerce Sec. Keith Burdette at a roundtable discussion in Wood County. Burdette, who has been in the hunt for a cracker plant for the state for nearly two years now, said he’s in regular contact with interested companies:

    Read More “Wood County, WV in the Running for Ethane Cracker”

  • Commodity Price | Hydraulic Fracturing | Industrywide Issues | Regulation

    Deloitte Survey: NatGas Price >$3 in 2013, Oil Price <$100

    November 15, 2012November 15, 2012

    Consulting firm Deloitte recently completed a survey of 250 oil and gas professionals on their expert opinions about where they believe the energy industry is headed in the near and long-term. Among their findings: The U.S. will soon become completely energy self-sufficient for natural gas, but we’ll always need to import at least some oil.

    Looking at 2013, a majority of those surveyed (60%) believe the commodity price of natural gas will average more than $3 per million Btus for the year, and a majority (59%) think crude oil will stay below $100 per barrel next year. Attitudes about regulation of fracking is also interesting: 49% think existing regulations of fracking is “just right” or “on track.”

    Read More “Deloitte Survey: NatGas Price >$3 in 2013, Oil Price <$100”

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

    Anti-Drillers Pressure PA Gov on Water Testing “Controversy”

    November 15, 2012November 15, 2012

    The ever-shrill anti-fracking machine believes they have a winner of an issue in the recent “discovery” that (gasp) the Pennsylvania Dept. of Environmental Protection does not, in every instance of well water testing, conduct useless and expensive testing for every chemical known to mankind (see this MDN story). For the anti-drilling lobby, the DEP’s lack of extreme testing equals “cover-up.” And so they grind out press release after press release, letter after letter. (Crank up the Peter, Paul & Mary music, there’s more letters to write!)

    Yesterday, 25 groups (listed at the bottom so you know whom not to support) sent one such letter to Gov. Tom Corbett requesting he order the DEP and Sec. Michael Krancer to start conducting those extreme tests post haste (a copy of the letter is embedded below). Here’s how the latest faux controversy is being reported:

    Read More “Anti-Drillers Pressure PA Gov on Water Testing “Controversy””

  • Alternative Energy | Industrywide Issues

    A Peak at the Future of U.S. Energy if Enviro Wackos Prevail

    November 15, 2012November 15, 2012

    To get an inkling of what’s in store for the U.S. when it comes to energy if the environmental wackos get their way, we give you Exhibit A: The lobotomized country of Germany. Germany now believes, en masse, that in the next 35 years or so they will convert to so-called alternative energy sources like wind and solar—for 100% of their energy needs. MDN editor Jim Willis likely won’t be alive in 35 years to laugh at them and say “we told you that you were nuts,” so we’ll just do it now.

    The following self-delusional fantasy is brought to you by Bloomberg News:

    Read More “A Peak at the Future of U.S. Energy if Enviro Wackos Prevail”

  • BP | Commodity Price | Energy Companies | Ethane | Industrywide Issues | NGLs

    Industry Expert Says NGL Prices are Headed Down

    November 15, 2012November 15, 2012

    Dawn Constantin, head of partnerships and analytics at BP plc, spoke at the LDC Gas Forum in Toronto earlier this week about what the future holds for the natural gas liquids (NGLs) market. Her analysis? Drillers who thought NGLs (wet gas) were a safe harbor against the low price of methane (dry gas) may not find it so safe after all. Why? Simple economics of supply and demand. Demand for NGLs is not keeping up with the flood of supply coming from places like the Marcellus and Utica Shale.

    Constantin said there now exists downward pressure on the price of NGLs, just like there is for dry gas:

    Read More “Industry Expert Says NGL Prices are Headed Down”

  • Athens County | Industrywide Issues | Ohio | Portage County | Washington County (OH) | Wastewater

    ODNR Approves 4 Wastewater Injection Wells, More on the Way

    November 15, 2012November 15, 2012

    Now that the Ohio Dept. of Natural Resources (ODNR) has created tougher regulations for wastewater injection wells following earthquakes last year related to injection wells, they are once again approving new wells.

    On Tuesday ODNR signed off on four new injection wells—another 30 applications are in the pipeline for consideration:

    Read More “ODNR Approves 4 Wastewater Injection Wells, More on the Way”

  • Energy Services | ESI Enviro | Industrywide Issues | Mahoning County | Ohio | Wastewater

    New Frack Wastewater Plant Proposed for Campbell, OH

    November 15, 2012November 15, 2012

    ESI Enviro wants to build a shale gas wastewater treatment plant at a former brown field site in Campbell (Mahoning County), Ohio. The new plant will use glass particles to absorb fracking fluid, trapping chemicals and leaving the water clean for reuse by drillers.

    ESI Enviro laid out their plans for a new plant (to be located at the former Sheet and Tube property along the Mahoning River) to city council members and other interested residents at a meeting last night:

    Read More “New Frack Wastewater Plant Proposed for Campbell, OH”

  • Energy Services | Enterprise Products Partners | Ethane | Industrywide Issues | Jefferson County (OH) | Ohio | Pipelines

    ATEX Express Ethane Pipeline Crossing Jefferson County, OH

    November 15, 2012November 15, 2012

    The previously announced ATEX Express ethane pipeline that will stretch from Houston, PA to the state of Indiana, and from there all the way to the Texas Gulf Coast, is now under construction near Steubenville (Jefferson County), Ohio.

    A quick construction update:

    Read More “ATEX Express Ethane Pipeline Crossing Jefferson County, OH”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Thu, Nov 15, 2012

    November 15, 2012November 15, 2012

    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: Thu, Nov 15, 2012”

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

    Leading Anti-Driller Does 180, Signs Lease with Cabot in PA

    November 14, 2012November 14, 2012

    180 degree turnaroundThis is an astonishing turnaround. Denise Dennis, a very vocal critic of gas drilling and someone who caught national attention two years ago by denouncing natural gas drilling and comparing it to the tobacco industry at a Philadelphia City Council meeting, has just signed a lease with Cabot Oil & Gas to allow drilling under her historic property in Susquehanna County, PA.

    Read More “Leading Anti-Driller Does 180, Signs Lease with Cabot in PA”

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