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

    Sen. Successfully Blocks MA Dem Bill to Remove NatGas for 2nd Day

    June 24, 2024June 24, 2024

    Last week, we told you about a modern-day Paul Revere, a Republican Senator from Massachusetts who single-handedly blocked a horrible bill that empowers state regulators to “terminate [natural gas] service to consumers so long as they have access to ‘safe, reliable, and affordable alternatives’” (see Republican Blocks Mass. Democrat Plan to Forcibly Remove NatGas). Sen. Ryan Fattman, from Sutton, used a procedural tactic to delay debate of the bill by one day to allow Senators to read and understand what is contained in this horrible bill. Fattman’s delay pushed the bill back from last Thursday to Friday. On Friday, Fattman was able to do it again, pushing the bill off for debate (and a vote) until at least Tuesday (tomorrow). Will it be enough time to stop Massachusetts from plunging into the energy abyss?
    Read More “Sen. Successfully Blocks MA Dem Bill to Remove NatGas for 2nd Day”

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

    Nat’l Rig Count Continues Drop: U.S. Loses 2 @ 588, M-U Even @ 36

    June 24, 2024June 24, 2024

    The U.S. national oil and gas rig count has been in a pattern of free-falling for the past three weeks. The national combined Baker Hughes oil and gas rig count dropped by another two to 588, the lowest it has been since January 2022. The Marcellus/Utica, after losing two rigs three weeks ago, maintained the same count last week — a combined 36. Pennsylvania continued to operate 21 rigs. Ohio remained steady with ten active rigs. And West Virginia kept five active rigs. At this time last year, WV operated 12 active rigs. The M-U fell down three weeks ago and (so far) hasn’t gotten back up.
    Read More “Nat’l Rig Count Continues Drop: U.S. Loses 2 @ 588, M-U Even @ 36”

  • Best of the Rest

    Other Stories of Interest: Mon, Jun 24, 2024

    June 24, 2024June 24, 2024

    OTHER U.S. REGIONS: Con Edison launches campaign to deflect blame for coming energy disaster; NATIONAL: Biden’s hypocrisy on climate change is painfully obvious; Biden owes us trading partners clarity on LNG pause; INTERNATIONAL: Greenland is not experiencing a climate crisis and neither are we; The new gold rush – hunting down naturally occurring hydrogen; Rare LNG vessel sails through Red Sea amid Houthi attacks.
    Read More “Other Stories of Interest: Mon, Jun 24, 2024”

  • Antero Resources | Bradford County | Chesapeake Energy | CNX Resources | Doddridge County | Encino Energy | Energy Companies | EOG Resources | EQT Corp | Greene County (PA) | Guernsey County | Harrison County | INR/Infinity Natural Resources | Jay-Bee Oil & Gas | Lycoming County | Ohio | Pennsylvania | Pennsylvania General Energy | Pleasants County | Seneca Resources | Tioga County (PA) | Tyler County | Washington County | Weekly Permits | West Virginia

    46 New Shale Well Permits Issued for PA-OH-WV Jun 10 – 16

    June 21, 2024June 21, 2024

    Three weeks ago, 31 new permits were issued to drill in the entire Marcellus/Utica region. Two weeks ago, the number dropped (dramatically) to just seven new permits. And then last week, the number of permits issued soared once again — all the way up to 46. Bam! We just kicked it up a notch. Seneca Resources took the top spot for new permits, receiving a total of nine permits, all in Tioga County, PA. Chesapeake Energy and Antero Resources tied for second place with seven new permits each, with Chessy’s permits coming in Bradford County, PA, and Antero’s in Doddridge County, WV. Coming in third was Jay-Bee Oil & Gas with six permits issued in Pleasants County, WV. State by state, PA issued 24 new permits, OH issued 9, and WV issued 13 permits.
    Read More “46 New Shale Well Permits Issued for PA-OH-WV Jun 10 – 16”

  • Energy Services | Energy Transfer Partners | Ethane | Industrywide Issues | Pennsylvania | Pipelines | Regulation | Statewide PA | Sunoco Logistics

    Onerous New Regulations Approved for PA Liquids Pipelines, Landmen

    June 21, 2024June 21, 2024

    In 2019, the Pennsylvania Public Utility Commission (PUC) began formulating new regulations for intrastate pipelines transporting gasoline, petroleum, crude oil, and natural gas liquids like ethane. In July 2021, the PUC finally published a draft of new regulations (see PA PUC Proposes New Regs for Pipelines—Landmen Must be Licensed). The onerous regulations landed with a thud. The DEP and antis loved them; the oil and gas industry hated them. After another two years of tinkering, the PUC’s regs, all 314 pages of them, are now approved and about to be adopted as the equivalent of law in the Keystone State.
    Read More “Onerous New Regulations Approved for PA Liquids Pipelines, Landmen”

  • Apex Energy | Energy Companies | Lease & Royalty Payments | Pennsylvania | Westmoreland County

    PA Town Delays Accepting Apex Offer of $1,500/Ac + 16% Royalty

    June 21, 2024June 21, 2024

    Yesterday, MDN told you about a very small lease deal on offer for North Huntingdon Township in Westmoreland County, PA (see Apex Energy Offers $1,500/Ac + 16% Royalty in Westmoreland Co.). Apex Energy wants to lease 4.5 acres of town land for a signing bonus of $6,760. The deal on the table from Apex is “only good” through June 30. Sign now before this offer expires! Town commissioners were not impressed with the high-pressure sales tactic and voted to table a decision on the offer until after June 30.
    Read More “PA Town Delays Accepting Apex Offer of $1,500/Ac + 16% Royalty”

  • Electrical Generation | Industrywide Issues | Research

    Report Says Va. Data Center Growth Needs 15 GW of Gas-Fired Power

    June 21, 2024June 21, 2024
    data center

    Data centers (huge computer server farms) have become one of the primary sources of new electricity demand across the United States. Specifically, PJM, the largest power market grid in the world (covering 65 million customers in the Mid-Atlantic region, including Pennsylvania, Ohio, and West Virginia), is seeing a huge increase in the number of data centers. The PJM grid operator expects 11 GW (gigawatts) of additional electricity will be needed for new data centers by 2030 in northern Virginia alone, representing more than 40% of the state’s current peak demand. According to a new report from Aurora Energy Research, a high-growth case could drive additions of up to 15 GW of new electric demand in PJM by 2030, compared to a conservative scenario. Aurora says there’s only one fuel source that can meet that kind of demand in the next five years: natural gas.
    Read More “Report Says Va. Data Center Growth Needs 15 GW of Gas-Fired Power”

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

    Republican Blocks Mass. Democrat Plan to Forcibly Remove NatGas

    June 21, 2024June 21, 2024

    Something incredible is happening in Massachusetts. The entire legislature, minus one brave Republican (maybe the only patriot left in New England), wants to pass a law that empowers state regulators to “terminate [natural gas] service to consumers so long as they have access to ‘safe, reliable, and affordable alternatives.'” It is a breathtaking seizure of freedom from the residents of the state. Government weenies can decide whether or not to rip pipelines out of the ground that feeds your home with natural gas. Except Sen. Ryan Fattman, a Sutton Republican, who used a procedural tactic to push off debate by another day. It’s a desperate move to buy time to sound the alarm like Paul Revere. Fattman is a modern-day Paul Revere. Wake up, Massachusetts residents! Stop this insanity while you can!
    Read More “Republican Blocks Mass. Democrat Plan to Forcibly Remove NatGas”

  • Industrywide Issues | Research

    Rate of U.S. Natural Gas Vented or Flared Dropped in 2023

    June 21, 2024June 21, 2024
    well flaring

    Venting is the release of natural gas directly into the atmosphere during oil and natural gas production and operations. Venting releases methane, which is a so-called greenhouse gas. Flaring is burning natural gas, which releases carbon dioxide (another so-called greenhouse gas) and some unburned methane into the atmosphere. Oil and natural gas producers and operators of facilities vent or flare natural gas in response to emergencies, safety tests, maintenance and repairs, or infrastructure constraints. Even though we are hitting all-time highs in oil and natural gas production, the good news is that the rate of venting and flaring is decreasing.
    Read More “Rate of U.S. Natural Gas Vented or Flared Dropped in 2023”

  • Industrywide Issues | Pipelines

    Bidenistas Open the Spigot with $200M for Pipeline Replacements

    June 21, 2024June 21, 2024

    The Dems are all about handing out other people’s money. It keeps them in power (tantamount to bribes). Incidentally, Alexander Fraser Tytler said in the late 1700s: “A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury.” The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) recently began soliciting applications to hand out nearly $200 million in grants from the $1.2 trillion Infrastructure law to upgrade natural gas pipelines. Spreading around $200 million from the total of $1.2 trillion a rounding error — below two-tenths of a single percent.
    Read More “Bidenistas Open the Spigot with $200M for Pipeline Replacements”

  • Best of the Rest

    Other Stories of Interest: Fri, Jun 21, 2024

    June 21, 2024June 21, 2024

    OTHER U.S. REGIONS: Hawaii agrees to ‘groundbreaking’ settlement of youth climate change case; NATIONAL: Vaclav Smil on the two cultures and our “fully post-factual world”; INTERNATIONAL: Oil drilling suffers blow in climate ruling at top UK court; Oil rises as US stockpile drop continues; China’s LNG import boom threatened by Russian pipeline gas.
    Read More “Other Stories of Interest: Fri, Jun 21, 2024”

  • Apex Energy | Energy Companies | Lease & Royalty Payments | Pennsylvania | Westmoreland County

    Apex Energy Offers $1,500/Ac + 16% Royalty in Westmoreland Co.

    June 20, 2024June 20, 2024

    We’re always interested in lease signing bonuses and royalty rates. We don’t see as many references today as we did five and ten years ago. Typically, we learn about lease rates when municipal-owned land is leased, as is the case for a small parcel in North Huntingdon, PA (Westmoreland County). Apex Energy is offering North Huntingdon $1,500 per acre in a signing bonus to lease 4.5 acres of town land for a grand total of $6,760. It ain’t much, but it’s better than a sharp stick in the eye, right?
    Read More “Apex Energy Offers $1,500/Ac + 16% Royalty in Westmoreland Co.”

  • Chesapeake Energy | Energy Companies

    Chesapeake COO Predicts 20% Increase NatGas Production Next 5 Yrs

    June 20, 2024June 20, 2024

    Chesapeake Energy has gone through some major changes over the past four years. In June of 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 selected a new direction for the company, changing its ill-fated quest to drill for oil to drilling for natural gas, its first and original mission. So, when Chesapeake’s current COO (Chief Operating Officer and top driller) predicts a 20% increase in natural gas demand (and consequently production) compared to today, we sit up and listen.
    Read More “Chesapeake COO Predicts 20% Increase NatGas Production Next 5 Yrs”

  • Industrywide Issues | Pennsylvania | Statewide PA | Taxation

    PA PUC Distributes 2023 Impact Fee – Revenue Dropped $99M YOY

    June 20, 2024June 20, 2024

    There’s no way to sugarcoat bad news. The Pennsylvania Public Utility Commission (PUC) predicted in January that money raised by the shale impact fee (PA’s version of a severance tax) would plummet this year (see PA PUC Publishes Fee Schedule for Marcellus Impact Fee/Tax 2023). And indeed, plummet it did — not quite as much as the original prediction, but bad enough. The state raised and is in the process of distributing $179.6 million based on 2023 activity. That’s down just over $99 million from a record-high $278.9 million raised and distributed last year from 2022.
    Read More “PA PUC Distributes 2023 Impact Fee – Revenue Dropped $99M YOY”

  • Bradford County | Industrywide Issues | Pennsylvania | Statewide PA | Taxation | Tioga County (PA) | Union County | Washington County | Westmoreland County

    “Every Little Bit Helps” – How Some PA Towns Use Impact Fee Money

    June 20, 2024June 20, 2024

    As we report in a companion post today, Pennsylvania is currently dishing out close to $180 million in impact fees raised from 2023 shale activity — PA’s version of a severance tax (see PA PUC Distributes 2023 Impact Fee – Revenue Dropped $99M YOY). As the name implies, some 60% of the money raised goes to the counties and municipalities where drilling happens, those “impacted” by shale drilling. The other 40% goes to the black hole of Harrisburg for redistribution to various state agencies and the other counties with no shale drilling. Let’s look at how some counties and towns will spend the money coming their way.
    Read More ““Every Little Bit Helps” – How Some PA Towns Use Impact Fee Money”

  • Anti-Drilling/Fossil Fuel | Energy Companies | Industrywide Issues | Lycoming County | Pennsylvania | Pennsylvania General Energy | Pipelines

    Lycoming County Gathering Pipe in the Crosshairs of Anti Groups

    June 20, 2024June 20, 2024

    Radicalized environmental groups, including Trout Unlimited and the Mid State Trail Association, have devolved into trying to block gathering and water pipelines in Pennsylvania. Driller Pennsylvania General Energy (PGE) wants to install 3.7 miles of a gathering pipeline to connect several wells to the Transco pipeline system, along with two 8-inch water pipelines of about the same length, in Lycoming County. Nearly all of the pipeline projects are located on state-owned land.
    Read More “Lycoming County Gathering Pipe in the Crosshairs of Anti Groups”

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