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Marcellus Drilling News
  • Hydraulic Fracturing | Industrywide Issues | New York | Regulation | Statewide NY

    NY Proposed Regulation Changes for Drilling Now Available

    September 29, 2011September 29, 2011

    The full version of New York’s new proposed drilling guidelines, known as the Supplemental Generic Environmental Impact Statement (SGEIS) has been out in its full and “final” form for about three weeks (see this MDN story). At the time of the final release, the Department of Environmental Conservation (DEC) said the actual language of the regulations, the changes to existing oil and gas drilling regulations for New York, would come out “in early October.” The new language has just been released by the DEC, so, after criticizing Joe Martens (Commissioner of the DEC) for many things, MDN grants him an “at-a-boy” for releasing the language earlier than expected. The early release of the new regulation language further diffuses the argument by critics that they don’t have enough time to read and understand what’s coming.

    The new regulatory language is important because it carries the weight of law once it’s adopted. Here are links to the sections that are either changed, or where new sections have been added:

    Read More “NY Proposed Regulation Changes for Drilling Now Available”

  • Energy Companies | Norse Energy

    Norse Energy in Trouble, Wants Bondholders to Become Stockholders

    September 29, 2011September 29, 2011

    Not long ago, MDN wrote about Norse Energy’s layoff of half of its employees since the beginning of 2011 (see MDN story here). One of MDN’s readers (“BinFranklin”) left a comment stating that “Norse Energy is a company on life support.” It seems it was a perceptive comment. He also said Norse has been selling off assets to keep going—again, accurate.

    A new press release issued from the company today talks about Norse’s ongoing efforts to convert some of it’s debt into equity (convert bonds into stocks, handing over bits and pieces of ownership) because they will soon not be able to pay bond holders the payments due on the money they’ve borrowed. The press release, reprinted below in its entirety, basically says, “We’re still working on it but we haven’t done a deal yet.”

    Read More “Norse Energy in Trouble, Wants Bondholders to Become Stockholders”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Thursday, Sep 29, 2011

    September 29, 2011

    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: Thursday, Sep 29, 2011”

  • Economic Impact | Industrywide Issues | Public Opinion

    Obama Advisor Says Shale Gas Drilling is Here to Stay

    September 28, 2011September 27, 2011

    get used to itDaniel Yergin, a Pulitzer Prize-winning author and member of President Obama’s energy subcommittee examining shale gas, says the debate about whether or not to drill for shale gas is already over and decided—shall gas drilling is here to stay.

    Read More “Obama Advisor Says Shale Gas Drilling is Here to Stay”

  • Air Quality | Industrywide Issues | Regulation

    First EPA Hearing on New Air Pollution Regulations for Gas Drilling

    September 28, 2011September 27, 2011

    There was a public hearing held in Pittsburgh yesterday on new air pollution rules from the Environmental Protection Agency (EPA) that will affect gas drillers across the country. And it appears there’s some common ground between the drilling industry and environmental groups.

    Read More “First EPA Hearing on New Air Pollution Regulations for Gas Drilling”

  • Industrywide Issues | New York | Public Opinion | Statewide NY

    Siena College Poll: NYers Still Closely Divided on Fracking

    September 28, 2011September 27, 2011

    Hey, it’s another week, so that must mean it’s time for another New York opinion poll. We can’t seem to let a week go by without taking the temperature of the Empire State on the issue of hydraulic fracturing. This poll is an ongoing monthly poll done by Siena College. The actual questions and percentage responses are embedded below.

    Read More “Siena College Poll: NYers Still Closely Divided on Fracking”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Wednesday, Sep 28, 2011

    September 28, 2011

    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: Wednesday, Sep 28, 2011”

  • Industrywide Issues | Litigation | New York | Otsego County | Statewide NY

    Middlefield, NY Lawsuit: The Town’s Counterargument

    September 27, 2011September 27, 2011

    point counterpointMDN recently reported about two lawsuits filed (so far) in New York State that will set precedent in the state on the issue of whether or not local municipalities (i.e. townships) can ban gas drilling altogether within their borders.

    One of those lawsuits, filed against the Town of Middlefield in Otsego County, was filed by landowner Jennifer Huntington (see the MDN story here). Her lawsuit says the town’s ban violates state law which stipulates only the state can regulate oil and gas drilling. The key word there is “regulate.”

    Read More “Middlefield, NY Lawsuit: The Town’s Counterargument”

  • Energy Companies | Hydraulic Fracturing | Industrywide Issues | Range Resources Corp

    Range CEO Says Everyone Should Disclose Fracking Chemicals

    September 27, 2011September 27, 2011

    John Pinkerton will step down as CEO of Range Resources by the end of this year. Having been in the industry for two decades, and with nothing to lose, he minces no words and spoke bluntly at a recent conference about the need for energy companies to fully disclose all of the chemicals they use in hydraulic fracturing. He said there are no secrets and everyone uses pretty much the same fracking recipes:

    Read More “Range CEO Says Everyone Should Disclose Fracking Chemicals”

  • Antero Resources | CONSOL Energy | Energy Companies

    CONSOL Sells Marcellus Leases to Antero for $193M

    September 27, 2011March 24, 2012

    CONSOL is on a roll, continuing to sell some of its Marcellus Shale assets to other energy companies and in the process, raising more than $4 billion in cash in just the past few weeks. The latest sale has been to Antero Resources.

    Read More “CONSOL Sells Marcellus Leases to Antero for $193M”

  • Broome County | Industrywide Issues | Jobs | New York | Statewide NY | Steuben County

    New Drilling-Related Jobs Coming to NY Next Year

    September 27, 2011September 27, 2011

    When drilling finally starts in New York State, one of the immediate benefits to the state will be jobs. And not all of those jobs will be in the drilling industry. Some of them will be for the agency that oversees drilling in New York, the Department of Environmental Conservation (DEC).

    The latest word is that the DEC is looking to hire an addition 142 workers starting next year, many of them in New York’s Southern Tier area where drilling will happen first.

    Read More “New Drilling-Related Jobs Coming to NY Next Year”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Tuesday, Sep 27, 2011

    September 27, 2011

    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: Tuesday, Sep 27, 2011”

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

    More Calls to Stop Fracking Because “The Sky is Falling”

    September 26, 2011September 25, 2011

    chicken littleEvery time MDN writes about our observation that those who oppose drilling do so from an ideology, we get pushback from the man-made global warming true believers. If you want to believe that man causes global warming, be my guest. But don’t expect me to “go green” so you can feel good about yourself. I don’t believe it—not a word of it. It’s not been proven by any kind of science that stands up to scrutiny. It’s all ethereal theories and conjecture—not real, testable, measurable, objective and verifiable science.

    Read More “More Calls to Stop Fracking Because “The Sky is Falling””

  • Hydraulic Fracturing | Industrywide Issues

    Fracking Produces Undeniable Economic Miracle in ND

    September 26, 2011September 25, 2011

    MDN has written about the economic miracle (and you can call it nothing less than a miracle) in North Dakota—all due to oil and a technology called horizontal hydraulic fracturing (read MDN’s previous story here). The miracle continues and is chronicled on none other than National Public Radio, America’s far-left voice.

    Try this on for size: The town of Williston, ND (gotta love a town with the name Willis in it!) used to have a total population of 12,000 people before hydraulic fracturing started to be used to get at the oil in the Bakken formation beneath them. In the past four years, Williston added between 12,000-20,000 new jobs! You read that right, the town more than doubled in size. And, they have 2,000 to 3,000 job openings right now!! Their mayor says Williston just “skipped the recession entirely.” That’s the power of hydraulic fracturing—an economic miracle than you can’t deny.

    Read More “Fracking Produces Undeniable Economic Miracle in ND”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Monday, Sep 26, 2011

    September 26, 2011

    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: Monday, Sep 26, 2011”

  • About MDN | MDN Weekly Update

    MDN Weekly Update – Sept 25, 2011: Vandalism at Drilling Sites

    September 25, 2011October 2, 2011

    Poll resultsBelow are the results of last week’s poll on whether or not local governments should be able to ban drilling.

    Should local municipalities have the power to ban gas drilling?

    No (70%, 190 Votes)
    Yes (26%, 72 Votes)
    Not sure (4%, 10 Votes)

    Total Voters: 272

    Should vandalism at drilling sites be considered an act of terrorism?

    This past week MDN reported on a case of “vandalism” at a drilling site in Indiana County, PA (see MDN story here). There were some comments on that story taking MDN to task for not waiting to find out who the perpetrator is. MDN says it doesn’t take a genius to figure out it’s an anti-driller gone amok. Someone who’s finally gone over the edge. Could it be a simple case of vandalism? Perhaps. But not very likely in MDN’s opinion.

    So MDN wades into controversial waters once again, this week by asking the question: If people who are opposed to drilling perpetrate crimes against drillers by damaging equipment, should that be considered an act of domestic terrorism? MDN thinks it’s a fair question and an issue we should address.

    Agree? Disagree? Click on your answer along the right-hand side of any page, and feel free to leave a comment on this post with your opinion.

    Below are the most recent “top 5” lists and the calendar of Marcellus related events for the next two weeks.

    Happy reading,
    Jim Willis, Editor

    Read More “MDN Weekly Update – Sept 25, 2011: Vandalism at Drilling Sites”

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