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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | Energy Companies | Industrywide Issues | Pennsylvania | Range Resources Corp | Regulation | Washington County

    Cecil Twp Posts Proposed New Ordinance Banning Shale Drilling

    September 18, 2024September 18, 2024
    Cecil Township, Washington County, PA

    Last week the Board of Supervisors for Cecil Township in Washington County, PA, caved to pressure from radical leftists and, by a vote of 3-2, instructed the town’s solicitor to prepare a new zoning ordinance that increases setbacks from “protected structures” from 500 feet to 2,500 feet (half a mile), and add a setback of 5,000 feet from schools and hospitals (almost a full mile, see Cecil Twp Hellbent to Ban New Shale Drilling via 2,500-Ft Setback). It is a ban on new shale drilling in the township, plain and simple. The new shale drilling ban zoning ordinance is now available for all to read (below) and will be discussed (i.e., rammed through in a vote) at a board meeting on Nov. 4. Read More “Cecil Twp Posts Proposed New Ordinance Banning Shale Drilling”

  • Allegheny County | Energy Companies | Industrywide Issues | Pennsylvania | Range Resources Corp | Regulation

    Range Resources Files for Permit to Drill in North Fayette, PA

    September 18, 2024September 18, 2024
    North Fayette, Allegheny County, PA

    Range Resources applied for a conditional use permit to build a well pad in North Fayette Township in Allegheny County, PA, which may support up to 15 shale wells. The plan calls for “heavy construction” on Mondays through Saturdays from 7 a.m. to 7 p.m. The township held a public hearing on August 27; however, some residents who live nearby claim they weren’t properly notified of the meeting. No further public meetings are planned, and construction will begin soon. Read More “Range Resources Files for Permit to Drill in North Fayette, PA”

  • Chesapeake Energy | CNG/LNG | Energy Companies | Exporting | Industrywide Issues

    Chesapeake Energy Wants to Sell 10-15% of Its Production to Asia

    September 18, 2024September 18, 2024

    Chesapeake Energy has gone through some major changes over the past four years. In June 2020, Chessy declared bankruptcy (see Chesapeake Files for Bankruptcy – Debtors to Take Ownership). After Chessy exited bankruptcy, the new owners booted CEO Doug Lawler in April of 2021 (see Doug Lawler Out as CEO of Chesapeake Energy). Lawler tried to chart a new direction for the company by drilling for oil. That strategy was a disaster. The new board selected long-time Chesapeake CFO Dominic “Nick” Dell’Osso as the new CEO in October 2021 (see Chesapeake Makes it Official – CFO Dom Dell’Osso New CEO). Dell’Osso and the board refocused the company on drilling for natural gas, its first and original mission. According to comments made at a conference earlier this week, one of the markets Dell’Osso and his lieutenants have their eyes on is foreign LNG. Specifically, Chessy wants to sell 10-15% of its production to customers in Asia.
    Read More “Chesapeake Energy Wants to Sell 10-15% of Its Production to Asia”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA | Taxation

    PA Senate Votes to Cancel State Participation in RGGI Carbon Tax

    September 18, 2024September 18, 2024

    Yesterday, the Pennsylvania Senate approved Senate Bill (SB) 1058 that would repeal the state’s participation in the so-called Regional Greenhouse Gas Initiative (RGGI), an illegal carbon tax enacted via executive order by then Gov. Tom Wolf in 2019 (see Gov. Wolf Goes Bonkers: EO Destroying Gas-Fired Elec, Carbon Tax). Republican Senators voted in favor, and Democrat Senators voted against the bill. Dems love to tax things like CO2 (the stuff you breathe out with every breath). Go figure. Read More “PA Senate Votes to Cancel State Participation in RGGI Carbon Tax”

  • Industrywide Issues | Jobs | Statewide WV | West Virginia

    Did Jobs Promised by Shale in WV Materialize? Or Not?

    September 18, 2024September 18, 2024

    An extensive article appearing in Mountain State Spotlight, a liberal publication aimed at publishing “sustained outrage” stories about happenings in West Virginia, boldly proclaims, “The natural gas boom was supposed to bring prosperity to West Virginians in poverty. That didn’t happen.” The article focuses on several individuals who are living (metaphorically) without a pot to pee in, claiming natgas was supposed to make them fat, dumb, and happy but didn’t. So why didn’t that happen? Read More “Did Jobs Promised by Shale in WV Materialize? Or Not?”

  • Baker Hughes | Chevron | CNG/LNG | ConocoPhillips | Energy Companies | Energy Services | Exporting | Exxon Mobil | Industrywide Issues | Meetings

    O&G Execs Talk Harris Fracking Flip-Flop, LNG “Pause” at Gastech

    September 18, 2024September 18, 2024

    The Gastech Exhibition & Conference 2024 is happening this week in Houston, TX. It is a massive event with an estimated 50,000 attendees. Gastech bills itself as the world’s largest exhibition and conference for natural gas, LNG, hydrogen, climate technologies, AI, energy manufacturing, and low-carbon solutions. We’ve seen reports from the event that say big names in the oil and gas space are talking about important issues of the day, including Kamala Harris’ fracking flip-flop, Biden’s “pause” on new LNG approvals, and more. At first, it appeared Big Oil CEOs were giving Harris a pass, saying her flip-flop is legit—she won’t ban fracking, and we should all sing kumbaya as we coronate Kamala Queen. But then we read further… Read More “O&G Execs Talk Harris Fracking Flip-Flop, LNG “Pause” at Gastech”

  • Best of the Rest

    Other Stories of Interest: Wed, Sep 18, 2024

    September 18, 2024September 18, 2024

    NATIONAL: Standard Chartered, JP Morgan look at oil price moves; Progressives should cut Harris slack on fracking, McKibben says; US LNG export dominance tested as Europe’s demand wilts; Democrats seek to tax fossil fuel companies over climate change; INTERNATIONAL: OPEC+ faces a new problem – a Texas gas pipeline; Venture Global expands European regasification capacity; BP to divest wind unit in effort to enhance competitiveness. Read More “Other Stories of Interest: Wed, Sep 18, 2024”

  • BKV/Banpu | Energy Companies

    The Time is Now Right – BKV Launches IPO Hoping to Raise $315M

    September 17, 2024September 17, 2024

    Earlier this year, the Wall Street Journal published an article about BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu, Thailand’s largest coal mining company (see Bumpy Financial Road for BKV – Company Bets on Carbon Capture). The article pulled the curtain back to give us a better view of what happened with the company’s aborted plan to launch an initial public offering in 2023 (see BKV IPO On Hold, M&A Deals Falling Apart Due to Low Gas Prices). Not long after the WSJ article, BKV CEO Chris Kalnin said his company was still very interested in an IPO and would move forward when the time is right (see BKV Still Planning to Launch an IPO – When the Time is Right). The time is now right. Read More “The Time is Now Right – BKV Launches IPO Hoping to Raise $315M”

  • Guernsey County | Hydraulic Fracturing | Industrywide Issues | Ohio | Regulation

    2 New Nominations to Frack Under (NOT On) Salt Fork State Park, OH

    September 17, 2024September 17, 2024

    In February, the Ohio Oil & Gas Land Management Commission (OGLMC) met to award contracts to drill under (not on) several Ohio state parks, including 5,700 acres of the 20,000-acre Salt Fork State Park in Guernsey County (see Ohio Awards Drilling Contracts for State Parks – Salt Fork Surprise). The contract for Salt Fork was awarded to Infinity Natural Resources. Then, in June, the OGLMC received a new nomination to drill under another 2,300 acres of Salt Fork State Park (see Mystery Driller Asks Ohio to Lease More of Salt Fork State Park). And now, two more parcels have been nominated for drilling under (not on) the park, totaling an additional 884 acres. Read More “2 New Nominations to Frack Under (NOT On) Salt Fork State Park, OH”

  • Anti-Drilling/Fossil Fuel | Clarion County | Industrywide Issues | McKean County | Pennsylvania | Regulation | Venango County

    PA DEP, EDF Launch Drone Program to Sniff Out Abandoned O&G Wells

    September 17, 2024September 17, 2024

    The radicalized Environmental Defense Fund (EDF), in partnership with the equally radicalized Moms Clean Air Force (MCAF), is joining forces with the Pennsylvania Department of Environmental Protection (DEP), the U.S. Department of Energy (DOE), and (very oddly) McGill University, which is located in Montreal, Quebec (Canada) to launch a project to identify and “facilitate remediation of” orphan and abandoned oil and gas wells across Western Pennsylvania. The group will fly specially outfitted drones about 100 feet above ground in Clarion, Venango, and McKean counties in western PA to try and identify and catalog orphaned and abandoned oil and gas wells. Read More “PA DEP, EDF Launch Drone Program to Sniff Out Abandoned O&G Wells”

  • Commodity Price | Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    The Real Cause of Low Natural Gas Prices in PA, OH, WV

    September 17, 2024September 17, 2024

    In yet another attempt to deflect attention away from Kamala Harris’ extreme position on fracking (she wanted to ban it completely everywhere in 2019), mainstream news continues to publish stories on other Pennsylvania energy topics. For example, yesterday, the New York Times published a story with this headline: “Big Energy Issue in Pennsylvania Is Low Natural Gas Prices. Not Fracking.” We forced ourselves to read it all the way through. We “took one for the team,” so you won’t have to. The story started out fine and made some legitimate points. The NYT article is (more or less) right as far as it goes. The problem is that the article doesn’t go far enough. It stops with only half of the story told. Here at MDN, we tell you the whole story—all of the facts, not just some of the facts. Read More “The Real Cause of Low Natural Gas Prices in PA, OH, WV”

  • Energy Services | Equitrans/EQT Midstream | Franklin County | Industrywide Issues | Pipelines | Virginia

    With MVP Now Flowing, Roanoke Gas Looks to Add New Customers

    September 17, 2024September 17, 2024

    On Friday, June 14, Equitrans Midstream, the builder and majority owner of the 303-mile Mountain Valley Pipeline (MVP) that runs from Wetzel County, WV, to Pittsylvania County, VA, announced the pipeline had, after a decade of planning and building, finally begun to flow Marcellus/Utica molecules (see Confirmed: M-U Gas Now Flowing Through Mountain Valley Pipeline). Who is buying the molecules flowing through MVP? We know of at least one company. In a separate announcement, Roanoke Gas Company (a large local utility) said it had begun to purchase M-U molecules from MVP on June 14. Roanoke Gas said for the first time since 1965, the Roanoke Valley now has access to a new interstate natural gas pipeline via two interconnections Roanoke Gas has with MVP. Roanoke Gas wants to expand its footprint and add new customers now that more gas supply is flowing via MVP. Read More “With MVP Now Flowing, Roanoke Gas Looks to Add New Customers”

  • CNG/LNG | Exporting | Industrywide Issues | Regulation

    FERC Gives Eagle LNG Extra 5 Yrs to Build Jacksonville Facility

    September 17, 2024September 17, 2024

    In September 2019, the Federal Energy Regulatory Commission (FERC) gave its blessing to Eagle LNG to build a small LNG export facility project at a site on the St. Johns River in Jacksonville, Florida (see FERC Grants Final Approval to Jacksonville, FL LNG Export Plant). Some of the gas that will feed it will come from the Marcellus/Utica. FERC’s blessing in September 2019 came with a deadline to build the facility by September 2024. In July, Eagle said it could not meet the deadline and asked FERC to extend it by another five years (see Eagle LNG Seeks Extension to Build Jacksonville LNG Export Facility). Last week, FERC agreed to extend the project an extra five years. Read More “FERC Gives Eagle LNG Extra 5 Yrs to Build Jacksonville Facility”

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

    GOP Senators Propose Law to Protect Pipelines from Protesters

    September 17, 2024September 17, 2024

    A group of 10 Republican U.S. Senators, led by the great Ted Cruz (from Texas), have introduced a new bill titled “The Safe and Secure Transportation of American Energy Act.” The proposed law expands criminal penalties to cover vandalizing, tampering with, or disrupting the operations or construction of a pipeline. The Senators say current laws criminalize eco-terrorism and the destruction of infrastructure but don’t go far enough and don’t have “enough teeth” when it comes to acts disrupting the operation or construction of a pipeline. Like the situations we saw with protesters constantly delaying the construction of the Mountain Valley Pipeline in Virginia. Read More “GOP Senators Propose Law to Protect Pipelines from Protesters”

  • Best of the Rest

    Other Stories of Interest: Tue, Sep 17, 2024

    September 17, 2024September 17, 2024

    MARCELLUS/UTICA REGION: PA energy groups don’t buy Harris’ ‘deathbed conversion’ on fracking; NATIONAL: Fed judge temporarily blocks Biden admin rule to limit gas flaring at oil wells; Noisy, hungry data centers are catching communities by surprise; Are Harris supporters ignorant or do they just hate Trump more than they love this country?; INTERNATIONAL: Earth’s greatest mass extinction 250 million years ago due to El Niño. Read More “Other Stories of Interest: Tue, Sep 17, 2024”

  • Baker Hughes | Energy Services | Industrywide Issues | Ohio | Pennsylvania | Research | Statewide OH | Statewide PA | Statewide WV | West Virginia

    Rig Bloodbath Continues – Pennsylvania Loses 7 Rigs in 3 Weeks

    September 16, 2024September 16, 2024

    Hidden in last Friday’s weekly Baker Hughes official rig count is a big story happening in the Marcellus/Utica. From the 30,000-foot level, Friday’s latest rig count report appeared just fine. The national rig count, which counts all oil and gas rigs, added an astonishing eight rigs to the count after languishing for months — the biggest weekly gain in a year. Very nice. The M-U count maintained at 33, down from a few weeks ago, but still not completely terrible. But then you open the hood and look at the engine, and something startling happens. Pennsylvania is losing rigs, bleeding rigs, like crazy—four rigs gone in the last two weeks. And West Virginia is gaining those lost rigs. Typically, there’s no one answer as to why these things happen. Our best guess is that Mountain Valley Pipeline (MVP), coming online from the northern panhandle of WV to southern Virginia, carrying natgas to markets outside the immediate region for higher prices, has much to do with this realignment.
    Read More “Rig Bloodbath Continues – Pennsylvania Loses 7 Rigs in 3 Weeks”

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