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  • Best of the Rest

    Other Stories of Interest: Wed, Sep 4, 2024

    September 4, 2024September 4, 2024

    OTHER U.S. REGIONS: Waha’s negative gas prices set an unwelcome, painful record; NATIONAL: Don’t be fooled – Kamala is a zero-carbon green radical; US LNG exports rebound in August on higher output from Freeport; Winter demand may not boost natural gas prices, Bank of America says; INTERNATIONAL: World’s biggest underwater methane hotspot is found off Barents Sea coast; Brent crude tumbles below $75 a barrel; Let’s be honest – shale fracking has saved the West. Read More “Other Stories of Interest: Wed, Sep 4, 2024”

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

    Pennsylvania Dropped 3 Rigs Last Week, Lowest Count in 2.5 Years

    September 3, 2024September 3, 2024

    The big news (for us) with the weekly Baker Hughes rig count is that last week, Pennsylvania laid down its use of three active drilling rigs, resulting in the lowest rig count in the state in 2 1/2 years. PA now operates 18 active rigs, down from 21 the week prior. The last time PA operated only 18 rigs was, according to our records, in November 2021. Fortunately, West Virginia picked up one of those rigs and improved its count from five to six. Ohio remained the same with nine active rigs. So, the Marcellus/Utica, in total, went from 35 active rigs two weeks ago to 33 active rigs last week. The national rig count (for both oil and gas rigs) dropped by two, now with 583 active rigs. Read More “Pennsylvania Dropped 3 Rigs Last Week, Lowest Count in 2.5 Years”

  • Hydrogen | Industrywide Issues | Mason County | Regulation | West Virginia

    WV Chips in $10M to Attract $125M Hydrogen Project to Mason County

    September 3, 2024September 3, 2024
    Mason County, WV

    Last Friday, the West Virginia Economic Development Authority (EDA) approved spending up to $10 million in an economic incentive package for a project that Babcock & Wilcox (B&W) has proposed. B&W plans to invest $125 million in WV’s Mason County to build a hydrogen production facility. One of the inputs (feedstock) for the facility will be natural gas. Another is coal. The EDA said the project could potentially expand into a $1 billion investment employing 200 people. Exciting stuff! Read More “WV Chips in $10M to Attract $125M Hydrogen Project to Mason County”

  • CNG/LNG | Energy Services | Industrywide Issues | Lackawanna County | Pennsylvania | UGI Energy Services

    UGI Seeks to Store LNG in Trailers in Scranton Suburb During Winter

    September 3, 2024September 3, 2024

    UGI, a diversified energy company with midstream (pipeline) operations in the Marcellus and one of PA’s largest utility companies, wants to store trailers of LNG in the parking lot of a storage facility near Scranton, PA, and is seeking a zoning variance to do so. UGI needs extra supplies of natural gas to inject into its utility system during peak periods in the winter months. The company says it will be a temporary situation. Read More “UGI Seeks to Store LNG in Trailers in Scranton Suburb During Winter”

  • Cambria County | Energy Services | Industrywide Issues | Pennsylvania | Supply Chain

    Steel Nation Founder Promotes Marcellus Shale at Trump Rally in PA

    September 3, 2024September 9, 2024

    Last Friday, former President Donald J. Trump held a rally in Johnstown (Cambria County), PA, in the southwestern part of the state. A key focus of the meeting was energy and Trump’s support of PA energy versus Kamala Harris’ position of being against fracking (contrary to her recent flip-flop on the issue). During the rally, Mark Caskey, founder of Steel Nation (builds many of the compress plants and other buildings for the Marcellus Shale industry), addressed the crowd, promoting the Marcellus and knocking Harris’ fracking flip-flop. Trump was so impressed he called Mark back to the stage. UPDATE: We have videos of Mark’s two speeches at the Johnstown Trump rally. Watch them below. Read More “Steel Nation Founder Promotes Marcellus Shale at Trump Rally in PA”

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

    PA Climate Zealots Spit and Sputter Over Harris’ Fracking Flip-Flop

    September 3, 2024September 3, 2024

    By now, you’ve read here on MDN and likely heard via mainstream news that Kamala Harris claims she’s had a change of heart and won’t (if she’s elected president, God perish the thought) ban fracking. How magnanimous of her. Praise Kamala. We don’t believe her for a New York minute, and neither should you. However, her recent remarks in attempting to rewrite history that she never did want to ban fracking (liar!) and that she won’t now is not sitting well with climate zealots in Pennsylvania. People like THE Delaware Riverkeeper and the co-founder of the Better Path Coalition. Read More “PA Climate Zealots Spit and Sputter Over Harris’ Fracking Flip-Flop”

  • Carbon Capture | ESG | Industrywide Issues

    Carbon Credit Scam Alert: One-Third of All Credits Fail Standard

    September 3, 2024September 3, 2024

    In August 2023, MDN told you about a Cambridge University study published in the journal Science exposing the sale of carbon credits as a scam (see Cambridge Study Finds Carbon Offsets Using Trees is a Scam). With the carbon credit scam exposed, big companies like Shell, Nestle, and Gucci exited the market, refusing to spend money on pretend solutions to global warming (see With Carbon Credits Scam Exposed, Big Names (Like Shell) Exit Market). Now comes more bad news for the carbon credit market: The Integrity Council for the Voluntary Carbon Market (ICVCM) said eight renewable power methodologies, which cover around 236 million unretired or unused carbon credits making up 32% of the market, had failed to meet the requirements of its standard on additionality grounds. Read More “Carbon Credit Scam Alert: One-Third of All Credits Fail Standard”

  • Best of the Rest

    Other Stories of Interest: Tue, Sep 3, 2024

    September 3, 2024September 3, 2024

    MARCELLUS/UTICA REGION: Hope Gas celebrates ‘Hope’ 24-months after acquisition; OTHER U.S. REGIONS: Data centers face seven-year wait for Dominion power hookups; NATIONAL: Why this Democrat decided Donald Trump is the best choice for president; INTERNATIONAL: OPEC+ likely to proceed with planned output hike from October; Oil fell sharply on expected OPEC+ output increase; BP stock trails Shell as investors turn away from green energy; USA Centcom says Houthis attacked 2 oil tankers. Read More “Other Stories of Interest: Tue, Sep 3, 2024”

  • About MDN

    Labor Day 2024 – MDN Off for Today

    September 2, 2024

    Usa Flag Waving On White Metal PoleHappy Labor Day to those in the U.S. Labor Day is a federal holiday celebrated on the first Monday of September to honor and recognize the American labor movement and the works and contributions of laborers to the development and achievements in the U.S. It’s also the unofficial end of summertime. Enjoy this day by doing fun things, having picnics, and spending time with family. MDN is off today. We will return tomorrow to catch you up on all the latest happenings in the Marcellus/Utica. – Jim Willis, Editor

  • Ascent Resources | Bradford County | Butler County | Chesapeake Energy | CNX Resources | Coterra Energy (Cabot O&G) | Encino Energy | Energy Companies | EQT Corp | Greene County (PA) | Guernsey County | Harrison County | Monongalia County | Noble County | Northeast Natural Energy | Ohio | PennEnergy Resources | Pennsylvania | Susquehanna County | Weekly Permits | West Virginia | Westmoreland County

    34 New Shale Well Permits Issued for PA-OH-WV Aug 19 – 25

    August 30, 2024August 30, 2024

    For the week of August 19 – 25, a total of 34 permits were issued to drill new shale wells in Marcellus/Utica. The Keystone State (PA) had 16 new permits. PA’s top recipient was Chesapeake Energy, with six permits in Bradford County. Coterra Energy was a close second, with five new permits issued in neighboring Susquehanna County. The Buckeye State (OH) received 13 new permits, with Encino Energy (EAP) receiving eight and Ascent Resources five. OH’s permits were spread across Guernsey, Harrison, and Noble counties. Finally, the Mountain State (WV) received five new permits, all of them for Northeast Natural Energy in Monongalia County. Read More “34 New Shale Well Permits Issued for PA-OH-WV Aug 19 – 25”

  • Accidents | Energy Companies | Energy Services | EQT Corp | Equitrans/EQT Midstream | Industrywide Issues | Pipelines | Virginia

    MVP Water Pressure Test Rupture Mystery Solved: Defective Weld

    August 30, 2024August 30, 2024

    On May 1, a section of the 303-mile Mountain Valley Pipeline (MVP) ruptured during final pressure testing in Roanoke County, Virginia (see Section of MVP Ruptures Near Roanoke Under Water Pressure Test). An independent metallurgical test identified a defective weld in an elbow joint as a cause of the failure. No internal or external corrosion was detected on the section, which was installed in 2018.
    Read More “MVP Water Pressure Test Rupture Mystery Solved: Defective Weld”

  • Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Pipelines | Statewide WV | West Virginia

    West Virginia NatGas Production Hits New Highs with MVP Startup

    August 30, 2024August 30, 2024

    Earlier this month, MDN brought you the important news that just one month after the mighty Mountain Valley Pipeline (MVP) went online, natural gas production in the State of West Virginia increased more than 9% (see WV Marcellus Production Up 9.5% in One Month Thanks to MVP). We now have data for another full month of production since MVP’s June 14 startup. What does the data show? The increase in WV production remains elevated.
    Read More “West Virginia NatGas Production Hits New Highs with MVP Startup”

  • CNG/LNG | Exporting | Industrywide Issues

    Freeport LNG Goes Offline for the Umpteenth Time, Then Restarts

    August 30, 2024August 30, 2024

    Up/down, up/down, up/down, up/down… We can’t count how many times the Freeport LNG export facility has come online to go offline again, with the cycle repeating (see our MANY stories about the uneven Freeport here). It’s become kind of a joke. Except, it’s no joke. Freeport is (still, for now) the country’s second-largest LNG export plant, with a capacity to liquefy 2.1 Bcf/d (billion cubic feet per day) of natural gas. Some of that gas comes from the Marcellus/Utica, which is why we care about the upness and downness of this facility. It’s happened again. The facility went offline on Wednesday, but yesterday, it had begun to come back online. Read More “Freeport LNG Goes Offline for the Umpteenth Time, Then Restarts”

  • CNG/LNG | Exporting | Industrywide Issues | Regulation

    Venture Global Wants FERC OK to Unload 1st LNG Cargo at Plaquemines

    August 30, 2024August 30, 2024

    Venture Global is developing an LNG export facility in Plaquemines Parish, Louisiana, approximately 20 miles south of New Orleans. Phase One of the project is currently under construction. Venture Global recently asked the Federal Energy Regulatory Commission (FERC) for permission to unload a tanker full of LNG to be used for testing the facility. The LNG (from Norway, because the Jones Act prohibits American LNG) will be used to cool down parts of the Plaquemines facility as part of the plant’s testing and commissioning process. Our question: Why is Venture Global allowed to do *anything* with the Plaquemines facility when it continues to screw its contracted customers at its Calcasieu Pass facility?
    Read More “Venture Global Wants FERC OK to Unload 1st LNG Cargo at Plaquemines”

  • Geothermal | Hydraulic Fracturing | Industrywide Issues

    More on the Fracking Technology Being Used by Facebook & Google

    August 30, 2024August 30, 2024

    Whoever would have thought both Facebook and Google would turn to fracking to feed the power beast that they are? Unicorn farts (wind and solar) alone don’t do the trick, it seems. Earlier this week, MDN brought you news about Facebook and Google signing agreements with companies that use a process “similar” to fracking (fracking under a different name) to drill geothermal wells that will help power electric plants to power some of the many (many) computers each company uses (see Hypocritical Facebook & Google Use Fracking for Geothermal Energy). We called out Facebook and Google as hypocrites for censoring information about fracking, yet they turn around and use it. Read More “More on the Fracking Technology Being Used by Facebook & Google”

  • Best of the Rest

    Other Stories of Interest: Fri, Aug 30, 2024

    August 30, 2024August 30, 2024

    OTHER U.S. REGIONS: Texas sued by climate zealots over anti-ESG law; Gov. Newsom’s Venezuela-like price control proposal on oil industry; NATIONAL: Harris does u-turn on fracking ahead of November election; Kamalism – financial illiteracy with a smiley face; 5 best-performing oil & gas stocks in 2024; Trump’s plan to cut energy costs in half; INTERNATIONAL: Japan ignored climate critics and built global natgas empire; UK govt announces plans for new oil, gas enviro guidance. Read More “Other Stories of Interest: Fri, Aug 30, 2024”

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