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Marcellus Drilling News
  • Energy Companies | Industrywide Issues | Lycoming County | Pennsylvania | Pennsylvania General Energy | Pipelines | Research

    PA DEP Issues Permits to Build Lycoming County Gathering Pipe

    October 1, 2024October 1, 2024

    Pennsylvania General Energy (PGE) wants to install a tiny 3.7-mile gathering pipeline in Lycoming County, PA, to connect several PGE wells to the Transco pipeline system, along with two 8-inch water pipelines of about the same length (see Lycoming County Gathering Pipe in the Crosshairs of Anti Groups). The Pennsylvania Dept. of Environmental Protection (DEP) held a virtual hearing in July so nutty antis could spout off against the project (see PA DEP to Host Virtual Hearing for Lycoming County Gathering Pipe). Good news: The DEP recently issued the permits to build the pipelines. Looks like all the spouting off was just that. Read More “PA DEP Issues Permits to Build Lycoming County Gathering Pipe”

  • Commodity Price | Energy Services | Industrywide Issues | Pipelines | Transco | Williams

    Completed Maintenance on Transco Pipe Leads to Lower Gas Prices

    October 1, 2024October 1, 2024

    While there are a number of interstate pipelines that crisscross the Marcellus/Utica, there is one pipeline system that is key to moving molecules out of our region to other markets, particularly in the southeast and the Gulf Coast: Transcontinental Gas Pipeline LLC (Transco), owned by Williams. Transco stretches from the Gulf Coast to New York City and was originally designed to flow gas produced in the Gulf northward. A number of years ago, Williams reversed the flow on Transco, and most of the time, it now flows M-U molecules southward to Maryland, North Carolina, South Carolina, Georgia, Alabama, and beyond. When sections of Transco undergo maintenance, flows are reduced, driving down spot prices for natgas sold by drillers to the pipeline but raising the price paid by customers on the other end of the pipeline. And when maintenance is done and flows return, it reverses. Read More “Completed Maintenance on Transco Pipe Leads to Lower Gas Prices”

  • CNG/LNG | Industrywide Issues

    PA-Based Air Products Sells LNG Tech Biz to Honeywell for $1.8B

    October 1, 2024October 1, 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 (see Air Products Closing Wilkes-Barre LNG Manufacturing Plant). However, Air Products kept operating a second LNG manufacturing plant in Port Manatee, Florida. Yesterday, 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. Read More “PA-Based Air Products Sells LNG Tech Biz to Honeywell for $1.8B”

  • CNG/LNG | Industrywide Issues

    Philly Shipyard Begins Work on 3 New LNG-Powered Containerships

    October 1, 2024October 1, 2024
    Aloha Class vessel Daniel K Inouye.

    Matson, Inc. yesterday announced the start of construction on the first of three new “Aloha Class” containerships designed for its Hawaii and China-Long Beach Express (CLX) services. After a small ceremony at Philly Shipyard in Pennsylvania, the cutting of steel plates began, initiating the work to build the ships for delivery to Matson in 2026 and 2027. All three will be dual-fuel powered, with LNG as one of the options. Plus, all three ships will be Jones Act compliant, meaning they can move goods between ports in the U.S. Read More “Philly Shipyard Begins Work on 3 New LNG-Powered Containerships”

  • Electrical Generation | Industrywide Issues | Litigation

    Grid Operators Join Lawsuit Against Biden EPA Gas-Fired Plant Reg

    October 1, 2024October 7, 2024

    The Bidenistas at the EPA attacked coal and gas-fired power plants in April, threatening to destabilize the existing electric power grid with new regulations (see EPA Rolls Out Final Regs Attacking Coal & Gas-Fired Power). Using 1,020 pages of new regulations, which will go into effect this year, all coal-fired plants that are slated to remain operational in the long term and all new gas-fired power plants will be required to control (capture) 90% of their carbon emissions using expensive and unproven technology. Translation: New gas-fired plants won’t get built, and most, if not all, coal plants will shutter, with the result that electricity will, by necessity, be rationed (see WSJ Calls Biden EPA Power Plant Regs a Plan to “Ration Electricity”). Four of the country’s top electric grid operators, including PJM (covering the M-U region), have filed a “friend of the court” (amicus) brief in a lawsuit to block the new regs. Read More “Grid Operators Join Lawsuit Against Biden EPA Gas-Fired Plant Reg”

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

    If Democrats Ban Fracking, It Would Instantly Cause a Recession

    October 1, 2024October 1, 2024

    We spotted an article on the Rigzone website with the following headline: “What Would a USA Fracking Ban Mean for the Oil Price?” Our initial thought was, “A frack ban will never happen.” But we read the article and came across this comment by Matt Willer, Managing Director of Capital Markets at Phoenix Group Holdings: “Willer told Rigzone that, in his opinion, the likelihood of a U.S. fracking ban is less than 50 percent.” Whoa, wait just a darned minute! You mean IF The Cackler actually wins, there is a close-to-50% chance of a nationwide frack ban? That’s what Willer appears to be saying. If true, it’s alarming. It’s astonishing. And it’s all the more reason you must motivate everyone you know to vote for DJT. Read More “If Democrats Ban Fracking, It Would Instantly Cause a Recession”

  • Best of the Rest

    Other Stories of Interest: Tue, Oct 1, 2024

    October 1, 2024October 1, 2024

    OTHER U.S. REGIONS: Eversource Energy completes exit of offshore wind business; NATIONAL: Bidenistas accuse John Hess of colluding with OPEC; Government control of what you eat is on the menu if Kamala wins; Maryland court ruling threatens to shut down Gulf of Mexico production; INTERNATIONAL: Japan LNG lobby urges government to help negotiate better contracts; China extracts commercially viable natural gas from deeper shale formations. Read More “Other Stories of Interest: Tue, Oct 1, 2024”

  • Baker Hughes | Energy Services | Industrywide Issues | Research

    M-U Rig Count Realigns @ 33; National Rig Count Drops 1 @ 587

    September 30, 2024September 30, 2024

    Three weeks ago, MDN told you about a developing story of rig realignment in the Marcellus/Utica (see Rig Bloodbath Continues – Pennsylvania Loses 7 Rigs in 3 Weeks). As we reported, Pennsylvania was losing rigs, bleeding rigs, like crazy—four rigs gone in two weeks’ time. And West Virginia was gaining those lost rigs. Two weeks ago, the Baker Hughes rig count showed the M-U maintaining 33 active rigs, with no further shifts taking place between PA and WV (see M-U Rig Count Stabilizes @ 33; National Rig Count Drops 2 @ 588). Last week was the third week in a row there were no changes in the counts for the three M-U states, indicating to us that the count has realigned and that, for now, there is less drilling in PA (than before) and more drilling in WV (than before). Ohio is maintaining. Read More “M-U Rig Count Realigns @ 33; National Rig Count Drops 1 @ 587”

  • Energy Companies | EQT Corp | Greene County (PA) | Greylock Energy | Industrywide Issues | Pennsylvania | Range Resources Corp | Regulation | Washington County

    3 More Drillers Dinged by PA DEP for Not Disclosing Frack Chemicals

    September 30, 2024September 30, 2024
    According to Pennsylvania regulation 25 Pa. Code § 78a.122(b)(6)(iv), a drilling company must provide a list of the chemicals intentionally added to the stimulation [fracking] fluid by name and chemical abstract service (CAS) number in a Completion Report. The PA Department of Environmental Protection (DEP) says three drillers, including EQT, Range Resources, and Greylock Energy, failed to file the proper paperwork for one or more wells.

    Read More “3 More Drillers Dinged by PA DEP for Not Disclosing Frack Chemicals”

  • Energy Companies | Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Range Resources Corp | Washington County

    History of 1st Marcellus Well Drilled by Range in Washington County

    September 30, 2024September 30, 2024

    For years, MDN has told you that the very first Marcellus well to be drilled and fracked was done by Range Resources Corporation in Washington County, PA. Beyond that, we didn’t know much. Thanks to an article appearing in the Washington Observer-Reporter, we now know the full story—or at least a lot more of the story—including the name of that very first Marcellus well. Read More “History of 1st Marcellus Well Drilled by Range in Washington County”

  • CNG/LNG | Exporting | Industrywide Issues | Regulation

    Reuters Says FERC Sides with Venture Global in Shafting LNG Customers

    September 30, 2024September 30, 2024

    Venture Global’s Calcasieu Pass LNG export facility received Federal Energy Regulatory Commission (FERC) authorization to place the final three liquefaction blocks (7-9) into service in November 2023 (see Venture Global Gets FERC OK to Commission 3 Calcasieu Pass Trains). The other trains, 1-6, have been online for over two years! However, the entire facility is not officially in commercial service, even though it has shipped over 200 cargoes. Venture Global claims it is still working out the kinks. A newly issued inspection report by FERC personnel appears to support Venture Global’s claims of still working out the kinks, according to Reuters. Read More “Reuters Says FERC Sides with Venture Global in Shafting LNG Customers”

  • CNG/LNG | Exporting | Industrywide Issues | Research

    U.S. Net Natural Gas Exports Flat in the First Half of 2024

    September 30, 2024September 30, 2024
    click for larger version

    Last week, the U.S. Energy Information Administration (EIA) published an interesting post about “net” natural gas exports, which is a number calculated by deducting both pipeline and LNG exports by incoming pipeline imports (from Canada) and any incoming LNG imports (to Boston). The EIA found that in the first half of 2024, net natural gas exports were “flat”—neither gaining nor losing. The magic number, the average net natgas exports during the first half of this year, was 12.6 Bcf/d. Read More “U.S. Net Natural Gas Exports Flat in the First Half of 2024”

  • Crude Oil | Industrywide Issues

    #1 Customer for U.S. Rail Freight is Fossil Fuels: Oil, Gas, Coal

    September 30, 2024September 30, 2024

    As we often say, we’re suckers for a good railroad story. There’s something magical about the clickety-clack of trains heading cross country. Shortline railroads play an important role in the Marcellus/Utica by transporting machinery, materials for drilling, and sand. But today’s story is not about shortlines but long-haul railroads. Here’s a fascinating fact: U.S. rail freight transported nearly 1.8 million metric tons of materials in 2023, with energy products, including coal, oil, and natural gas, being the most common. The number two most common product hauled (not even close) is agricultural products. Read More “#1 Customer for U.S. Rail Freight is Fossil Fuels: Oil, Gas, Coal”

  • Best of the Rest

    Other Stories of Interest: Mon, Sep 30, 2024

    September 30, 2024September 30, 2024

    NATIONAL: Energy Aspects thought USA natural gas price rise was overdone; A broken energy permitting system hurts Hispanic families and small biz; Readers led to believe fictional portrayals are accurate in climate fiction; U.S. shale hits snooze; INTERNATIONAL: Europe can’t seem to kick its Russian energy habit. Read More “Other Stories of Interest: Mon, Sep 30, 2024”

  • Armstrong County | Belmont County | Carroll County | Coterra Energy (Cabot O&G) | Encino Energy | Energy Companies | EOG Resources | EQT Corp | Greene County (PA) | Guernsey County | Gulfport Energy | Harrison County | INR/Infinity Natural Resources | Monongalia County | Northeast Natural Energy | Ohio | Pennsylvania | Range Resources Corp | Snyder Brothers | Susquehanna County | Washington County | Weekly Permits | West Virginia

    32 New Shale Well Permits Issued for PA-OH-WV Sep 16 – 22

    September 27, 2024September 27, 2024

    There were 32 permits issued to drill new shale wells in Marcellus/Utica for the week of Sept. 16 – 22, more than doubling the 15 issued the prior week. The Keystone State (PA) had nine new permits, with five of them going to EQT in Greene County. The Buckeye State (OH) had 20 new permits. The floodgates opened up! The top recipient in OH was Encino Energy, which received eight permits divided between Guernsey and Carroll counties. EOG Resources received five permits in Harrison County. The Mountain State (WV) had three new permits after getting skunked the prior week. All three were issued to Northeast Natural Energy (NNE) in Monongalia County. Read More “32 New Shale Well Permits Issued for PA-OH-WV Sep 16 – 22”

  • Chesapeake Energy | Energy Companies | Industrywide Issues | M&A | Southwestern Energy

    Chesapeake & Southwestern Merger to Close Next Week; New Name

    September 27, 2024September 27, 2024

    It’s the end of an era. Chesapeake Energy was founded in 1989 by Aubrey McClendon and Tom L. Ward with an initial investment of $50,000. The flamboyant McClendon, who became the CEO, named the company after the Chesapeake Bay due to his love of the region. He rapidly grew his company, headquarter in Oklahoma City, by doing big, audacious deals to lock up large tracts of acreage for gas drilling. Chesapeake, now helmed by one of McClendon’s old friends and lieutenants, Nick Dell’Osso (formerly CFO), announced a deal to buy out and merge with Southwestern Energy earlier this year (see Deal is Done! Chesapeake & Southwestern Announce $7.4B Merger). Yesterday, Dell’Osso announced the final merger, which the Bidenistas had delayed, will close soon, likely next week. The combined company will no longer be called Chesapeake Energy or Southwestern Energy but will be rebranded as (trumpet fanfare)…Expand Energy Corporation. Read More “Chesapeake & Southwestern Merger to Close Next Week; New Name”

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