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Marcellus Drilling News
  • Hydrogen | Industrywide Issues | Research

    Study: Low-Carbon Hydrogen Production from U.S. NatGas Resources

    October 10, 2024October 10, 2024
    click for larger version

    Researchers at the University of Wyoming published a study in the journal Environmental Science & Technology yesterday that addresses resource, environmental, economic, policy, and societal issues related to low-carbon hydrogen production by steam methane reforming with carbon capture and storage in Wyoming and other natural-gas-rich states (like Pennsylvania, Ohio, and West Virginia). “Unlocking Potential for Low-Carbon Hydrogen Production from U.S. Natural Gas Resources” makes the case that using natural gas as feedstock to create hydrogen is the most cost-effective way to quickly scale up hydrogen production. Read More “Study: Low-Carbon Hydrogen Production from U.S. NatGas Resources”

  • Best of the Rest

    Other Stories of Interest: Thu, Oct 10, 2024

    October 10, 2024October 10, 2024

    MARCELLUS/UTICA REGION: Trump promises to ‘frack, frack, frack’ if he wins; Natural gas, hydrogen training center in WV dedicated to labor leader; Grant funds available for emergency responders to prepare for gas well incidents; NATIONAL: Regulation-by-litigation disregards the democratic process, undermines justice. Read More “Other Stories of Interest: Thu, Oct 10, 2024”

  • Commodity Price | Industrywide Issues | Research

    Oct. STEO Predicts Lower Output, NatGas Price to Avg $3.10 in 2025

    October 9, 2024October 9, 2024

    Once a month, the U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. What did the October 2024 STEO, issued yesterday, show? EIA’s analysts believe U.S. natural gas production will decline in 2024 while demand will rise to a record high this year. EIA predicts the average spot price for natural gas for all of 2024 will end up being $2.30/MMBtu, up $0.10 from its prediction last month. The agency said the average for 2025 will be $3.10/MMBtu, which is the same prediction as last month. Read More “Oct. STEO Predicts Lower Output, NatGas Price to Avg $3.10 in 2025”

  • Industrywide Issues | Litigation | Ohio | Statewide OH

    Critical (Energy) Election for Ohio Supreme Court Judges This Nov.

    October 9, 2024October 9, 2024

    The stakes in this November’s election are incredibly high—for the country as a whole and for shale energy everywhere, including here in the Marcellus/Utica. Pennsylvania has been the focus this election season due to the presidential race. However, there is another M-U state, Ohio, where the outcome of a statewide race is also very important: that of the Ohio Supreme Court. There are seven judges on Ohio’s high court, with Republicans holding a slim 4-3 majority. There are three seats up for election. It is anticipated that the Ohio Supreme Court will handle an appeal by anti-fossil fuel zealots of the state’s law that allows drilling under (not on) state land and state parks. If the high court tips to the radical left, drilling under state land is in jeopardy. Read More “Critical (Energy) Election for Ohio Supreme Court Judges This Nov.”

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

    The Left Launches Program to Create Climate Zombie Voters in PA

    October 9, 2024October 9, 2024

    If you live in Pennsylvania, particularly in an urban area, and happen to be black, Asian, or Native American, and you own an Apple product and like to do things outdoors, you can expect a knock on your door by the Democrat anti-shale/global warming squad hoping to recruit you to become a Kamala Harris zombie voter. The younger or older you are, the better (especially under 25 and over 65). The Dems never see people in all of their complexity as individuals who can be reasoned with rationally—they only see groups that can be herded given the right fear-tactic stimuli, like schoolyard bullies from the fourth grade. That’s how they hold on to power. Read More “The Left Launches Program to Create Climate Zombie Voters in PA”

  • CNG/LNG | Exporting | Industrywide Issues

    Feedgas Flows to Venture Global’s Plaquemines LNG Plant, No LNG Yet

    October 9, 2024October 9, 2024

    Venture Global’s Plaquemines LNG export facility (Plaquemines Parish, Louisiana) has consistently received small gas deliveries since mid-September from an interconnect with the Texas Eastern Transmission Company (TETCO) pipeline. However, the 2.6 Bcf/d Plaquemines terminal has not yet begun to produce its first LNG. Gas deliveries will increase this fall as commissioning activities ramp up. The question is, will Venture Global screw its Plaquemines contracted customers the way it has its Calcasieu Pass customers? Read More “Feedgas Flows to Venture Global’s Plaquemines LNG Plant, No LNG Yet”

  • Accidents | Crude Oil | Industrywide Issues | Pennsylvania | Philadephia | Processing Plants

    Sad Final Chapter to 2019 Philly Oil Refinery Fire: $4.2M Fine

    October 9, 2024October 9, 2024

    In June 2019, a series of explosions and a massive fire occurred at the Philadelphia Energy Solutions (PES) Refining Complex (see Massive Explosion, Fire at Philadelphia Refinery). It took firefighters a full day to extinguish the blaze. The fire caused the oil refinery complex to close and lay off over 1,000 workers (see Philly Refinery to Close Following Massive Fire – 1,020 Jobs Lost). The owners put the facility, which had already been through a previous bankruptcy, up for auction. We (and many others) hoped that whoever purchased it would reopen the refinery. Those dreams vanished into thin air when it was announced the site would be converted into warehouses, complete with an increase in truck traffic, diesel fumes, and all sorts of headaches that come from a massive warehouse complex located in an urban area (see Philly Refinery Sold – To Become Huge, Polluting Truck Terminal). Sad. Read More “Sad Final Chapter to 2019 Philly Oil Refinery Fire: $4.2M Fine”

  • Electrical Generation | Industrywide Issues | Research

    U.S. NatGas-Fired Electricity Hit New Record High in Summer ’24

    October 9, 2024October 9, 2024

    Hardly a day goes by that we don’t cover at least one story about a gas-fired power plant that will get fed with Marcellus/Utica molecules (see our power stories here). As we so often point out, gas-fired power plants are extremely important customers for M-U natgas, using huge amounts of our gas. Yesterday, the U.S. Energy Information Administration (EIA) published a post observing that U.S. natural gas-fired electricity generation set new daily records in the summer of 2024, despite all of the hype that “renewables” like solar and wind are taking over. Read More “U.S. NatGas-Fired Electricity Hit New Record High in Summer ’24”

  • ESG | Industrywide Issues

    MiQ Certifies Europe’s Largest LNG Terminal, Helps US Exporters

    October 9, 2024October 9, 2024

    MDN reported a few weeks ago that EQT Corporation, now the U.S.’s second-largest natural gas producer (following the merger of Chesapeake Energy and Southwest Energy to form the country’s largest producer), was about to ship a fully-MiQ-certified LNG cargo to Germany (see EQT Provides MiQ-Certified LNG Cargo to Europe in World First). MiQ is an independent methane emissions measurement and certification authority. MiQ’s certification is (so far) the only one that satisfies the EU’s new regulation requiring tracking methane emissions in the energy sector. Now comes word that MiQ is certifying Europe’s largest LNG import facility, which is located in the U.K. Read More “MiQ Certifies Europe’s Largest LNG Terminal, Helps US Exporters”

  • Best of the Rest

    Other Stories of Interest: Wed, Oct 9, 2024

    October 9, 2024October 9, 2024

    MARCELLUS/UTICA REGION: Junior high classes underway at Utica Shale Academy; OTHER U.S. REGIONS: Woodside takes over Tellurian for $1.2 billion; NATIONAL: Will the real Kamala Harris please stand up?; Traders bet hurricane will knock out electricity, leave power plants idling; INTERNATIONAL: Oil prices plunge as China fails to deliver new stimulus. Read More “Other Stories of Interest: Wed, Oct 9, 2024”

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

    ORVI Slanted Push Poll Finds Majority of PA Voters Support Fracking

    October 8, 2024October 8, 2024

    You know you’re a loser when you can’t even spin the results of your own rigged push poll. The Ohio River Valley Institute (ORVI) is nothing more than a front group, another name for the ultra-left, biased, and virulent anti-fossil fuel Heinz Endowments. ORVI pokes its head up periodically to issue “reports” (i.e., propaganda) bashing fossil energy. Sometimes, they conduct slanted push polls to try and further pollute the news with false claims, as was the case with a recent poll (with results released yesterday) by ORVI surveying 700 Pennsylvanian voters on the topic of fracking and energy. Interestingly, the ORVI couldn’t hide the fact that 58% of those surveyed (a strong majority) are opposed to banning fracking, and 75% support the continued use of natural gas. Read More “ORVI Slanted Push Poll Finds Majority of PA Voters Support Fracking”

  • Anti-Drilling/Fossil Fuel | Hydraulic Fracturing | Industrywide Issues | Ohio | Statewide OH

    Water Worries re Water Used for Fracking During Ohio Drought

    October 8, 2024October 8, 2024

    Parts of Ohio (like other areas in the northeast) have experienced a moderate drought over the past several months. The Muskingum Watershed Conservancy District (MWCD) manages ten lakes and four dry dams in southeastern Ohio for purposes of flood control, recreation, and conservation. One of its biggest customers for water sales is the shale oil and gas industry. With the ongoing drought, MWCD recently stopped water sales from Atwood Lake, a popular boating and fishing spot southeast of Canton that has experienced a foot-and-a-half drop in water levels over the past few months. It is the only location where MWCD has had to stop water sales. Read More “Water Worries re Water Used for Fracking During Ohio Drought”

  • Electrical Generation | Industrywide Issues

    U.S. Building 133 New Gas-Fired Power Plants to Help Renewables

    October 8, 2024October 8, 2024

    U.S. utilities and investors plan to add 133 new natural gas-fired power plants to the nation’s grid, according to S&P Global Market Intelligence data. Duke Energy alone has ten such plants either under construction or planned—all of which will use Marcellus/Utica molecules. In fact, when we look at a map by S&P showing where the 133 plants are located, it’s obvious that the vast majority of the new plants will be fed in full or in part by M-U molecules. It’s hard to overstate the importance of gas-fired power plants for M-U drillers (and, by extension, landowners). Read More “U.S. Building 133 New Gas-Fired Power Plants to Help Renewables”

  • Electrical Generation | Industrywide Issues | Research

    Natural Gas to Dominate PowerGen in U.S. for Foreseeable Future

    October 8, 2024October 8, 2024

    According to Reuters, natural gas has supplied a record high of 46% of total power generation since June, according to data from LSEG. Power generators are boosting output from all sources (including unreliable renewables) to meet rising power demand. However, they are using natural gas the most. Most of the grid operators in the U.S. show no signs of reducing electricity from natural gas over the near term. Quite the opposite—they are looking to continue expanding the use of gas-fired electricity for years to come. All of this talk about wind and solar taking over is nonsense. Read More “Natural Gas to Dominate PowerGen in U.S. for Foreseeable Future”

  • Enbridge | Energy Services | Industrywide Issues | Pipelines

    Enbridge Using Microsoft AI to Monitor Pipes for Threats, Damage

    October 8, 2024October 8, 2024

    An Artificial Intelligence Illustration on the WallEnbridge Inc. is using artificial intelligence (AI) pioneered by Microsoft to “drive significant advancements in safety, emissions reduction, and asset optimization across its operations.” Enbridge uses Microsoft’s AI to help it better flow its gas and liquids through pipelines, monitor right-of-ways where its pipelines are buried, and monitor and flag pipelines that need maintenance to prevent problems and accidents. Read More “Enbridge Using Microsoft AI to Monitor Pipes for Threats, Damage”

  • Industrywide Issues | Research

    Kimmeridge (Again) Makes the Case for Fewer & Bigger Shale Drillers

    October 8, 2024October 8, 2024

    In July 2023, Kimmeridge Energy, a private investment firm focused on the energy sector, published a white paper entitled, “I Still Haven’t Found What I’m Looking For” (see Kimmeridge Report Makes Case for Fewer & Bigger Shale Drillers). The thesis of the Kimmeridge report was that there are still too many (and too small) drillers in the shale sector. Kimmeridge believes we need consolidation into fewer and bigger companies. Here we are 15 months later, and Kimmeridge has just released a new white paper titled “Shale’s Golden Years: Can Consolidation Keep the Industry Young?” Are you seeing a pattern here? Read More “Kimmeridge (Again) Makes the Case for Fewer & Bigger Shale Drillers”

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