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Marcellus Drilling News
  • CNG/LNG | Exporting | Industrywide Issues | Regulation

    FERC Approves Expansion of Venture Global’s CP LNG Export Plant

    June 28, 2024June 28, 2024

    Yesterday, the Federal Energy Regulatory Commission (FERC) issued a decision to approve Venture Global’s plan to build a second Calcasieu Pass LNG export plant called CP2 LNG. The vote was 2 to 1, with a predictable negative vote by the outgoing Allison Clements (former attorney for the radicalized organization National Resources Defense Council). Venture Global’s existing Calcasieu Pass LNG facility can liquefy and export 10 million metric tonnes per annum (MTPA) of LNG. The CP2 project will be twice as large and will be able to export 20 MTPA (with a peak capacity of approximately 24 MTPA). Huge! But there’s a problem…
    Read More “FERC Approves Expansion of Venture Global’s CP LNG Export Plant”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    Radicals Want to Prosecute Big Oil for Murder re Heat-Related Deaths

    June 28, 2024June 28, 2024

    Public Citizen, a tax-exempt non-profit based in Washington, D.C., and founded by Ralph Nader, is about as far left as a group can go. It’s left of Vladimir Putin (and we’re not joking). Earlier this week, Public Citizen issued a “prosecution memo” (copy below), which is a 50-page report structured like the memos that prosecutors compile before issuing an indictment. The memo purports to make the case for charging oil companies with murder over heat-related deaths. It is STARK…RAVING…MAD. We suppose nothing should surprise us anymore when it comes to the radicalized left, but this one does. Once again, as has happened throughout history, leftists seek to jail (or execute) those who disagree with their twisted view of the world. That’s what this is.
    Read More “Radicals Want to Prosecute Big Oil for Murder re Heat-Related Deaths”

  • Best of the Rest

    Other Stories of Interest: Fri, Jun 28, 2024

    June 28, 2024June 28, 2024

    NATIONAL: Gas demand growth fuels optimism despite supply headwinds; Joe Biden’s energy policies are based on fantasies and fairy tales; BP, ExxonMobil provide a contrast in energy transition strategies; The Eighth Circuit should block SEC’s illegal climate rule; INTERNATIONAL: Canada O&G groups remove website info over greenwashing concerns; Panama Canal traffic to increase as drought conditions ease.
    Read More “Other Stories of Interest: Fri, Jun 28, 2024”

  • Belmont County | Industrywide Issues | Litigation | Ohio | Regulation | Wastewater

    OH Injection Well Owner Wins Case Against ODNR, Potential Restart

    June 27, 2024June 27, 2024

    We’re picking up the thread of a story we last reported on in 2021. In July 2019, MDN told you about New Jersey-based Omni Energy Group and their application to build two new injection wells near St. Clairsville (see Belmont County Injection Well Plan Stirs Opposition from Coal Co.). Omni eventually built the wells, and at least one went into service. However, the Ohio Dept. of Natural Resources (ODNR) lowered the injection pressure allowed at the well AFTER approving a higher pressure, effectively shutting it down. Two days ago Omni won an important court victory in this long-running saga.
    Read More “OH Injection Well Owner Wins Case Against ODNR, Potential Restart”

  • Industrywide Issues | Ohio | Pipelines | Regulation | Statewide OH

    Ohio House Passes Bill to Encourage New NatGas Pipes w/$20M Fund

    June 27, 2024June 27, 2024

    A bill proposed by two Republican state lawmakers in Ohio, House Bill (HB) 349, makes it easier to site and build natural gas pipelines to areas of the state where pipelines currently don’t exist (see Ohio Bill Encourages New NatGas Pipelines to Spread Across State). The bill will create new jobs by running pipelines to industrial parks and businesses not currently serviced by natgas. The aim is to stimulate new jobs and opportunities in Buckeye State, a smart strategy. Good news: HR 349 was just passed by the full Ohio House and now moves on to the Senate.
    Read More “Ohio House Passes Bill to Encourage New NatGas Pipes w/$20M Fund”

  • Industrywide Issues | Pennsylvania | Statewide PA | Taxation

    PA IFO Predicts 2024 Impact Tax Will Fall $10-$15M from 2023

    June 27, 2024June 27, 2024

    Last week, MDN brought you the news that the Pennsylvania Public Utility Commission (PUC) is now distributing money raised by the shale impact fee (PA’s version of a severance tax) from 2023 to municipalities and government agencies (see PA PUC Distributes 2023 Impact Fee – Revenue Dropped $99M YOY). The state raised and distributed $179.6 million based on 2023 activity — down just over $99 million from a record-high $278.9 million raised and distributed last year from 2022 activity. The state Independent Fiscal Office (IFO) is out with an estimate for how much money will be raised and distributed from the 2024 impact fee assessment. Sadly, the revenue will fall again for the second year in a row.
    Read More “PA IFO Predicts 2024 Impact Tax Will Fall $10-$15M from 2023”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA Senator Says “Get Government the Hell Out of the Way” re NatGas

    June 27, 2024June 27, 2024
    PA State Sen. Camera Bartolotta

    On Tuesday, June 25, the American Petroleum Institute Pennsylvania (API PA) was joined by Pennsylvania state senators and representatives, joint trades, energy companies, and business and labor leaders in the state to host “Natural Gas and Oil Day” at the Capitol in Harrisburg to spotlight Pennsylvania’s energy advantage and advocate for policies that strengthen the state’s strong natural gas and oil industry. Natural Gas and Oil Day started with a press conference, followed by a hands-on, interactive showcase with over ten energy industry and technology-related vendors. One of the speakers at the presser (simply on fire!) was State Sen. Camera Bartolotta, who didn’t mince words in her talk.
    Read More “PA Senator Says “Get Government the Hell Out of the Way” re NatGas”

  • Carbon Capture | Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA House Advances Carbon Capture & Sequestration (CCS) Act

    June 27, 2024June 27, 2024

    A key issue has arisen with the rapid increase in carbon capture and sequestration (CCS) projects around the country, including here in the Marcellus/Utica region. Where does one store (sequester) all that carbon dioxide (CO2)? The answer is underground in a Class VI injection well. Class VI wells are a relatively new classification for injection wells, created by the federal EPA in 2010. In April, the Pennsylvania State Senate took the first step in establishing a framework that allows for the underground storage of CO2 in the Keystone State by passing Senate Bill (SB) 831 (see PA Senate Passes Carbon Capture & Sequestration (CCS) Act). A key committee in the House just voted unanimously (bipartisan!) to approve and move the bill along.
    Read More “PA House Advances Carbon Capture & Sequestration (CCS) Act”

  • Ascent Resources | BKV/Banpu | Encino Energy | Energy Companies | HG Energy | Hilcorp Energy | PennEnergy Resources

    6 Marcellus/Utica Drillers in Top 20 Private Natural Gas Producers

    June 27, 2024June 27, 2024

    Two days ago, MDN brought you the list of the Top 100 private oil and gas producers in the Lower 48 states, which includes four Marcellus/Utica drillers in the Top 10 (see 4 M-U Drillers in Top 10 (of Top 100) Private Oil & Gas Producers). The list is based on information provided by Enverus and Oil and Gas Investor. The list shows how current mergers and acquisitions (M&A) activity is changing the face of private (not publicly traded) oil and gas companies. Today, we have another slice of the same data — this time, it’s the Top 20 private natural gas drillers only (removes oil). There are six from the Marcellus/Utica on this new list.
    Read More “6 Marcellus/Utica Drillers in Top 20 Private Natural Gas Producers”

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

    First Solar Donates $1.5M to Biden and Gets $10B in Gov’t Money!

    June 27, 2024June 27, 2024

    Hey Citizens for Responsibility and Ethics in Washington (CREW), why have you not launched a complaint against Joe Biden for the OVERT quid pro quo involving First Solar? The company donated at least $2 million to Democrats in 2020, including $1.5 million to Biden’s election campaign. The company subsequently received a promise of $10+ BILLION in government money from the misnamed Inflation Reduction Act (IRA). Yet you (CREW) launched a complaint against Donald Trump for allegedly seeking campaign contributions from the oil and gas industry (see LibDem NGO Files Complaint Against Trump for Mtg with Big Oil). Don’t look now, CREW, but your partisan bias is showing.
    Read More “First Solar Donates $1.5M to Biden and Gets $10B in Gov’t Money!”

  • Best of the Rest

    Other Stories of Interest: Thu, Jun 27, 2024

    June 27, 2024June 27, 2024

    OTHER U.S. REGIONS: Aramco agreement for equity, offtake from Port Arthur LNG2; Why are Midwest grid operators turning away wind power?; NATIONAL: Shale executives see mergers squeezing US oil production; Red states notify Biden admin of lawsuit over ‘nonsensical’ EV rule; U.S. crude imports touch two-year high despite lukewarm demand; How consolidation has changed the midstream landscape; Five energy failures Joe Biden needs you to forget before the debate; INTERNATIONAL: Denmark is charging farmers a $100 ‘burp tax’ per cow; Russia’s Gazprom announces natural gas supply deal with Iran.
    Read More “Other Stories of Interest: Thu, Jun 27, 2024”

  • Anti-Drilling/Fossil Fuel | Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Montgomery County | Pipelines | Virginia

    Antis Try to Smear MVP with Misleading “Second Water Rupture” Story

    June 26, 2024June 26, 2024

    We previously reported that a section of the 303-mile Mountain Valley Pipeline (MVP) in Roanoke County, Virginia, ruptured during a water test in early May (see Section of MVP Ruptures Near Roanoke Under Water Pressure Test). Pressure testing is done using water before a new natgas pipeline is brought online. Water is pumped through the pipeline at pressures far exceeding what the pipeline is rated for. Equitrans, the builder, replaced the ruptured section of pipe and tested it again before bringing the system online. Imagine our surprise and disappointment to learn from mainstream media there was a second rupture before the pipeline came online. Except, there wasn’t. But you wouldn’t know that from the headlines of the stories circulating yesterday and today.
    Read More “Antis Try to Smear MVP with Misleading “Second Water Rupture” Story”

  • Energy Companies | Industrywide Issues | Lycoming County | Pennsylvania | Pennsylvania General Energy | Pipelines | Regulation

    PA DEP to Host Virtual Hearing for Lycoming County Gathering Pipe

    June 26, 2024June 26, 2024

    Last week, MDN told you that two Big Green groups in Pennsylvania, Trout Unlimited and the Mid State Trail Association, are attempting to block a project by Pennsylvania General Energy (PGE) to install a tiny 3.7-mile gathering pipeline to connect several PGE wells to the Transco pipeline system, along with two 8-inch water pipelines of about the same length, in Lycoming County (see Lycoming County Gathering Pipe in the Crosshairs of Anti Groups). The aim is to block the pipelines from being built (and consequently block shale wells from being drilled) on state-owned land by forcing a longer, much more expensive route. The groups and their minions made enough noise that the PA Dept. of Environmental Protection (DEP) is going to hold a virtual hearing on the plan on July 2 at 6 p.m.
    Read More “PA DEP to Host Virtual Hearing for Lycoming County Gathering Pipe”

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

    Republicans Say PA Gov. Shapiro’s Proposed Carbon Tax is Dead

    June 26, 2024June 26, 2024

    In March, Pennsylvania Gov. Josh Shapiro traveled to Scranton, PA, to announce a proposal to “immediately pull Pennsylvania out of a multi-state carbon cap-and-trade program” (the so-called Regional Greenhouse Gas Initiative, or RGGI) and instead enroll PA in its very own RGGI-like carbon tax program (see PA Gov. Shapiro Proposes Own Version of Marcellus-Killing Carbon Tax). Same end result: It would kill Marcellus-fired power plants in the state, forcing them to close and relocate to West Virginia and Ohio, states that don’t engage in the lunacy of taxing carbon emissions from power plants. Here’s a spot of good news: With less than a week before the June 30 budget deadline, Republican sources tell the Delaware Valley Journal there are no plans for hearings or votes on Shapiro’s crazy carbon tax plan. Whew. We dodged another bullet.
    Read More “Republicans Say PA Gov. Shapiro’s Proposed Carbon Tax is Dead”

  • Energy Companies | EQT Corp | ESG | Industrywide Issues

    EQT 2023 ESG Report Titled “Unlimited Potential” Touts NatGas

    June 26, 2024June 26, 2024
    click for larger version

    EQT Corporation continues to be the #1 highest-producing natural gas driller in the U.S. — at least for now, until Chesapeake Energy merges with Southwestern Energy to eclipse EQT as the #1 driller. But for now, it’s EQT. Yesterday, EQT released its 2023 Environmental, Social, and Governance (ESG) report, titled “Unlimited Potential.” Among the noteworthy achievements from 2023, EQT reduced its so-called Scope 1 methane emissions intensity to barely detectable levels. EQT remains on track to achieve mythical “net zero” Scope 1 and Scope 2 greenhouse gas emissions (methane and carbon dioxide) by 2025.
    Read More “EQT 2023 ESG Report Titled “Unlimited Potential” Touts NatGas”

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

    Only 2 Mass. GOP Senators Voted Against Bill that Destroys NatGas

    June 26, 2024June 26, 2024

    Yesterday, the Massachusetts State Senate voted to have the state jump into the energy abyss. They voted in favor of blackouts and brownouts by banning the use of natural gas — coming in the next five years. It boggles the mind. Their vote (if confirmed by the House, which is a given) will destroy thousands of jobs related to the natural gas industry in the Bay State. You know, we don’t feel a bit sorry for the people living in Massachusetts for the energy Armageddon they are about to experience. Of note, there were two patriots who voted against this insanity: Republican Sens. Peter Durant of Spencer and Ryan “Paul Revere” Fattman of Sutton.
    Read More “Only 2 Mass. GOP Senators Voted Against Bill that Destroys NatGas”

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