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Marcellus Drilling News
  • Electrical Generation | Industrywide Issues

    AES Indiana Committed to Converting Last Coal Plants to NatGas

    October 21, 2024October 21, 2024

    AES Indiana, formerly known as Indianapolis Power & Light Company, is a utility company providing electric service to the city of Indianapolis. It is a subsidiary and largest utility of AES Corporation. In August, AES Indiana said that it wants to invest $1.1 billion in Pike County, IN, to convert the company’s two remaining coal-fired power plants to run natural gas instead (see AES Indiana Spending $1.1B to Convert Last Coal Plants to NatGas). Unfortunately, the coal lobby has pressured some Republican politicians, including Indiana’s Republican candidate for governor, into opposing the plan. However, AES remains committed. Read More “AES Indiana Committed to Converting Last Coal Plants to NatGas”

  • CNG/LNG | Hydrogen | Industrywide Issues

    Investors Not Happy with Air Products’ Focus on “Green” Hydrogen

    October 21, 2024October 21, 2024

    Air Products, headquartered in the Lehigh Valley area of Pennsylvania (Allentown area), once manufactured huge rocket-looking “production trains” or “heat exchangers,” which are pieces of equipment that turn natural gas into liquefied natural gas (LNG), in a plant in Wilkes-Barre, PA. The heat exchangers manufactured by Air Products in Wilkes-Barre were two-thirds of a football field long (180 feet) and used by plants all over the world to condense natural gas into a liquid. Air Products shut down the Wilkes-Barre plant in 2017. However, it kept operating a second LNG manufacturing plant in Port Manatee, Florida. A few weeks ago, the company announced that it had completed the process of selling its LNG technology manufacturing business, including the Port Manatee facility, to Honeywell for $1.8 billion (see PA-Based Air Products Sells LNG Tech Biz to Honeywell for $1.8B). The company dumped LNG because it is making big investments in so-called green hydrogen. Major investors are not happy with the change in focus. Read More “Investors Not Happy with Air Products’ Focus on “Green” Hydrogen”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Research

    IEA Admits Fake Peak Oil Prediction Isn’t an Actual Forecast

    October 21, 2024October 21, 2024

    For more than three years, MDN has called out the International Energy Agency (IEA) and its executive director, Dr. Fatih Birol, as nothing more than tools of Big Green. We’ve reported on many of the IEA’s fake predictions about peak demand for oil and natural gas (see IEA Rushes to Change Absurd Peak Oil Prediction 24 Hrs After COP28) and about the IEA’s plea for no new oil and gas drilling worldwide, starting now, because of man-made global warming concerns (see Intl Energy Agency Says World Should Stop All New O&G Development). We told you then that IEA was not to be trusted, so when the agency recently released its 2024 World Energy Outlook with predictions that demand for oil and natural gas will peak within five years, we ignored it. Why bother you with more IEA Big Green propaganda? Read More “IEA Admits Fake Peak Oil Prediction Isn’t an Actual Forecast”

  • ESG | Industrywide Issues

    Law Firm Predicts “Natural Gas is Not Going Away”

    October 21, 2024October 21, 2024

    Net zero is a goal to balance the amount of so-called greenhouse gases (GHG) emitted into the atmosphere with the amount removed. Mythical net zero can be achieved by reducing emissions and removing carbon from the atmosphere. One of the ways net zero dreamers think they can save Mom Earth is to eliminate natural gas-fired power plants and replace them with alternatives like unreliable solar and wind. According to an article by law firm Spilman Thomas & Battle, PLLC, “The primacy of natural gas is not likely to change soon.” Translation: Natgas isn’t going anywhere. Read More “Law Firm Predicts “Natural Gas is Not Going Away””

  • Best of the Rest

    Other Stories of Interest: Mon, Oct 21, 2024

    October 21, 2024October 21, 2024

    NATIONAL: WTI crude sees biggest weekly drop in over a year; The high costs of obstructing LNG exports; U.S. ‘zombie summer’ saps energy demand and natural gas prices; INTERNATIONAL: Dubai firm takes control of Russian LNG ships in effort to skirt sanctions; Former Russian oil executive found dead after ‘fall.’ Read More “Other Stories of Interest: Mon, Oct 21, 2024”

  • Chesapeake Energy | Encino Energy | Energy Companies | EQT Corp | Greene County (PA) | Jefferson County (OH) | Ohio | Pennsylvania | Range Resources Corp | Sullivan County | Washington County | Weekly Permits | West Virginia | Wetzel County

    10 New Shale Well Permits Issued for PA-OH-WV Oct 7 – 13

    October 18, 2024October 18, 2024

    Ten permits were issued to drill new shale wells in Marcellus/Utica for the week of Oct. 7 – 13, half the number issued the prior week (see 20 New Shale Well Permits Issued for PA-OH-WV Sep 30 – Oct 6). The Keystone State (PA) had just six new permits, with three going to Range Resources in Washington County, two for EQT in Greene County, and one for Chesapeake Energy (now Expand Energy) in Sullivan County. Buckeye State (OH) had three new permits, and all three went to Encino Energy (EAP) for a single pad in Sullivan County. The Mountain State (WV) issued one new permit to EQT in Wetzel County. Read More “10 New Shale Well Permits Issued for PA-OH-WV Oct 7 – 13”

  • Berkshire Hathaway | CNG/LNG | Energy Services | Exporting | Industrywide Issues | Maryland

    Maintenance Done: M-U Gas Flows Restart to Cove Point, Maryland

    October 18, 2024October 18, 2024

    Feedgas flowing from the Marcellus/Utica to the Cove Point LNG export facility located on the shore of Maryland fell to zero on Friday, Sept. 20, as the facility began its planned annual maintenance outage (see Flows Drop to Zero @ Cove Point LNG, Closed for Annual Maintenance). Most years, maintenance at Cove Point takes around three weeks. True to form, Cove Point came back online and restarted liquefying gas last Saturday, Oct 12, so the plant was out exactly three weeks (from Friday, Sept. 20 to Friday, Oct. 11). Read More “Maintenance Done: M-U Gas Flows Restart to Cove Point, Maryland”

  • Electrical Generation | Industrywide Issues | Regulation | Statewide VA | Virginia

    Virginia About to Tackle Who Pays for New Power for Data Centers

    October 18, 2024October 18, 2024

    Just two days ago, 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 is tangling with Big Tech companies, including Amazon, Google, and others, about the commitments those companies should make before utility companies will risk investing billions to bring new facilities online. We predicted that this issue would pop up in other locations, too. And here we are two days later with news that Virginia is about to tackle the same issue. Read More “Virginia About to Tackle Who Pays for New Power for Data Centers”

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

    Pretend Evangelical Christians (Partisans in Disguise) Lobby PA Gov

    October 18, 2024October 18, 2024

    The environmental left continues to try and co-opt the term “Evangelical Christian,” defined as protestants who tend to be pro-life and conservative in their political views. We’re talking about the so-called Evangelical Environmental Network (EEN) and its political lobbying arm, EEN Action. The group continues to pressure Pennsylvania’s political leaders to adopt unreliable renewable energy (by government fiat) and to force residents to dump their use of fossil energy. We previously exposed them for who they really are (see Pretend Evangelical Christians Want PA to Dump Fossil Energy). The group is back with another press release to say 36,000 people who pretend to be “pro-life” signed a petition sent to Gov. Josh Shapiro asking him to adopt a methane rule so restrictive it will ban new gas-fired power plants and get rid of all existing coal-fired plants as a bonus. Read More “Pretend Evangelical Christians (Partisans in Disguise) Lobby PA Gov”

  • Industrywide Issues | Research

    How Much Can North America Grow O&G Production in Next 10 Years?

    October 18, 2024October 18, 2024

    Shale energy has been an astonishing miracle, made possible exclusively due to the ingenuity and tenacity of America (specifically one American, George Mitchell). The shale miracle resulted in, get this, North America adding 15 million barrels a day (bpd) of liquid hydrocarbon and 50 billion cubic feet a day (Bcf/d) of gas production to the global market since 2005. How much more will the world need in the next 15 years, and how much of that will be supplied by North America? Read More “How Much Can North America Grow O&G Production in Next 10 Years?”

  • CNG/LNG | Exporting | Industrywide Issues

    LNG Shipping Co. Flex LNG Does Roadshow with Interesting Slides

    October 18, 2024October 18, 2024
    Flex Artemis

    Flex LNG, headquartered in Hamilton, Bermuda, owns 13 LNG cargo carriers, including the Flex Artemis (pictured at the left). The company published its latest presentation (PowerPoint slide deck) two days ago to coincide with CFO Knut Traaholt’s upcoming meetings with investors in the U.S. and Canada as part of a “non-deal roadshow.” Flex’s fleet is small compared with others (not even in the top 10 list). However, the slide deck includes some great slides that give us an inside look at the coming growth in American LNG exports and details about which countries are likely to buy increased supplies of LNG. Read More “LNG Shipping Co. Flex LNG Does Roadshow with Interesting Slides”

  • Best of the Rest

    Other Stories of Interest: Fri, Oct 18, 2024

    October 18, 2024October 18, 2024

    OTHER U.S. REGIONS: Phillips 66 to shut down LA refinery as Newsom doubles down; Cheniere Energy moves closer to starting new Texas LNG export operation; NATIONAL: American Forest Foundation gets in on carbon credit scam; Tech titans’ quiet exodus from the grid; INTERNATIONAL: Oil steadies, but on track for biggest weekly loss in over a month; Snam CEO claims Europe is vulnerable to natural gas supply shocks. Read More “Other Stories of Interest: Fri, Oct 18, 2024”

  • Electrical Generation | Industrywide Issues | Litigation | Regulation

    US Supremes Won’t Block EPA Regs Banning Coal & Gas-Fired Power

    October 17, 2024October 17, 2024

    In August, some two dozen states asked the U.S. Supreme Court to place a temporary block on new EPA regulations that will put all coal plants out of business and block most (if not all) new gas-fired power plants from getting built (see States Asks U.S. Supreme Court to Emergency Block EPA Methane Reg). The EPA wants to force the U.S. oil and gas industry to cut methane emissions by using budget-busting new technologies and onerous (frequent) inspections (see Bidenistas Unleash Hellscape of U.S. Methane Regs at COP28). Yesterday, the Supremes declined to invoke a temporary block while a lawsuit plays out in the lower U.S. Court of Appeals for the District of Columbia. Read More “US Supremes Won’t Block EPA Regs Banning Coal & Gas-Fired Power”

  • Alternative Energy | Electrical Generation | Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    Shapiro Wants to Repurpose $1.4B in NatGas Tax Credits for Renewables

    October 17, 2024October 17, 2024

    In November 2022, PA’s then-Governor, Tom Wolf, signed into law a bill providing $142 million annually in state tax credits for several purposes, including clean hydrogen hubs, natural gas use, semiconductor manufacturing, and milk processors (see PA Gov Wolf Signs into Law $2.1B Tax Credit Bill for H2, NatGas). Over 20 years, the law would provide up to $2.1 billion in tax credits (NOT payouts, but forgiveness of taxes that would otherwise be owed) for certain types of projects, including for manufacturers to use PA’s homegrown Marcellus gas, turning it into things like gasoline (see NEPA Huge Deal – $6B Plant to Convert Marcellus Gas to Gasoline). Since the bill was signed into law two years ago, exactly zero dollars have been claimed, so current Gov. Josh Shapiro wants to rejigger the law (with the help of labor unions) to allow energy production to qualify for the credits. In particular, wind, solar, and natural gas used to generate electricity would qualify for the credits—but natgas must use risky CCS (carbon capture and sequestration) to qualify. Read More “Shapiro Wants to Repurpose $1.4B in NatGas Tax Credits for Renewables”

  • Pennsylvania | Statewide PA

    Still Plenty of Drilling & Pipeline Work Happening in PA Marcellus

    October 17, 2024October 17, 2024

    Lately, we’ve written plenty of negative stories, things like the Pennsylvania rig count getting whacked with the lowest numbers in eight years (see PA Craters, Drops 2 Rigs, M-U @ 32; National Rig Count Adds 1 @ 586), companies like Coterra stopping all new Marcellus drilling (see Coterra Stops Drilling New Wells in Marcellus, Fracking Ends Soon), and production numbers going down each quarter (see IFO 2Q24 Report: New Wells Drilled, Production Both Down in Pa.). We don’t want to leave you with the wrong impression. It’s not all doom and gloom. A LOT of activity is still happening in the shale fields of PA. New pipelines are being built. Permits for existing (and new) compressors are being issued. New well pads are receiving permits, and permits for wastewater storage tanks are being issued. Yeah, maybe the pace of activity has slowed a bit, but there’s still plenty of activity happening in the PA Marcellus. Keep your chin up! Read More “Still Plenty of Drilling & Pipeline Work Happening in PA Marcellus”

  • Health Impacts | Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Research | Statewide PA

    New Study Shows No Link Between PA Fracking & Birth Outcomes

    October 17, 2024October 17, 2024

    An assistant professor of data science at Saint Vincent College in Westmoreland County, PA, recently published a study (based on hospital records) examining whether some chemicals used in hydraulic fracturing affect the occurrence of pre-term births (PTB) and low birth weights (LBW) in the United States. She looked at data from several counties in southwest PA. The researcher says she found that “counties that had more hydraulic fracturing wells that utilize chemicals that target certain hormones also had greater amounts of PTB and LWB.” Yet her data shows just the opposite! Read More “New Study Shows No Link Between PA Fracking & Birth Outcomes”

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