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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    Extremist Democrats Intro Gov. Shapiro’s Energy Plan with 4 Bills

    May 10, 2024May 10, 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. The Shapiro plan also includes a provision to FORCE the state to get 35% of its electricity from unreliable renewables, and FORCE it to get 50% of its electricity “from a diverse range of energy resources” by 2035, just over 10 years from now. It’s a true disaster of a plan with big government dictating energy sources.
    Read More “Extremist Democrats Intro Gov. Shapiro’s Energy Plan with 4 Bills”

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

    Pretend Evangelical Christians Want PA to Dump Fossil Energy

    May 10, 2024May 10, 2024

    The environmental left is now attempting to co-opt the term “Evangelical Christian,” defined as protestants who tend to be pro-life and conservative in their political views. We’re here to expose them for who they really are. We’re talking about the so-called Evangelical Environmental Network (EEN) that keeps trying to pressure Pennsylvania to adopt unreliable renewable energy (by government fiat) and to force residents to dump their use of fossil energy. The EEN claims to be “pro-life” and “conservative” in their press releases. We question those statements. Our observation over the years is that EEN supports extreme leftwing Democrat policies ONLY, and they NEVER support any Republican energy policies in Harrisburg. NEVER. We don’t know about their use of the word “Christian” (that’s between them and God), but we can assure you they aren’t conservative. They certainly aren’t Evangelical in the traditional sense of that word.
    Read More “Pretend Evangelical Christians Want PA to Dump Fossil Energy”

  • Enbridge | Energy Services | Industrywide Issues | Storage

    Enbridge Pre-Selling Peak Storage at Dawn Hub for 2025

    May 10, 2024May 10, 2024

    Canadian-based Enbridge operates, among many other assets, the Dawn Hub in the Canadian province of Ontario. Located in southwestern Ontario, Dawn, with 288 Bcf (billion cubic feet) of gas storage, provides shippers with direct access to North America’s major supply basins — including the Utica and the Marcellus. The Dawn Hub is connected to a myriad of pipelines, including Rover and NEXUS from the M-U region. The new news is that Enbridge has just launched an open season for “peak storage services” at the Dawn Hub storage facility for service beginning as early as April 1, 2025.
    Read More “Enbridge Pre-Selling Peak Storage at Dawn Hub for 2025”

  • Commodity Price | Industrywide Issues | Research

    NGSA Summer Outlook: Low Natural Gas Prices This Summer

    May 10, 2024May 10, 2024
    Source: NGSA (click for larger version)

    U.S. natural gas demand will remain at record high levels this summer, driven by power market consumption and exports, but prices will decline from last year due to a production increase and higher storage levels, according to the annual Summer Outlook report published yesterday by the Natural Gas Supply Association (NGSA). According to NGSA, “summer” is defined as April through October, the industry’s traditional cooling season.
    Read More “NGSA Summer Outlook: Low Natural Gas Prices This Summer”

  • Best of the Rest

    Other Stories of Interest: Fri, May 10, 2024

    May 10, 2024May 10, 2024

    OTHER U.S. REGIONS: New polling shows 3 in 4 voters believe natgas is essential; Natgas company owner sentenced in federal conspiracy case; NATIONAL: JP Morgan analysts talk Trump 2.0 and commodity impact; Propane prices were slightly lower this winter compared with last; Build it, and the wind won’t come; INTERNATIONAL: UK shelves hydrogen town trial; Panama Canal in talks with US LNG producers to increase transit; As Europe deindustrializes, can economic suicide be avoided?; Canada’s oil and gas industry soars to new heights.
    Read More “Other Stories of Interest: Fri, May 10, 2024”

  • Coterra Energy (Cabot O&G) | Energy Companies | Industrywide Issues | Litigation | Pennsylvania | Susquehanna County

    Cabot O&G (Now Coterra Energy) Settles Lawsuit for Securities Fraud

    May 9, 2024May 9, 2024

    In October 2020, a law firm filed a lawsuit on behalf of several Cabot Oil & Gas shareholders against Cabot (now Coterra Energy), claiming the company “had inadequate environmental controls and procedures and/or failed to properly mitigate known issues related to those controls and procedures,” and that the company “failed to fix faulty gas wells which polluted Pennsylvania’s water supplies through stray gas migration” (see Second Lawsuit Filed Against Cabot Claiming Securities Fraud). The lawsuit alleged that the company, in general and via its CEO (Dan Dinges), CFO (Scott Schroeder), and VP/Regional Manager (Phil Stalnaker), hid all of this from the public — namely from investors. Court documents filed this week show that following court-ordered mediation earlier this year, the two sides settled the case three-and-a-half years later.
    Read More “Cabot O&G (Now Coterra Energy) Settles Lawsuit for Securities Fraud”

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

    Cecil Twp Board Considers Revising Drilling Setbacks to 1,500 Feet

    May 9, 2024May 9, 2024
    Community packs public hearing on setbacks in Cecil Twp

    About 150 people packed a hearing of the Cecil Township (Washington County), PA, Board of Supervisors meeting yesterday to express their concerns about Range Resources’ fracking activities near their homes. Some attendees were paid activists (holding signs), but judging from media reports, many were just local residents. The Board held a hearing to consider modifications to existing ordinances that control how close drilling can happen to homes and other structures in the town.
    Read More “Cecil Twp Board Considers Revising Drilling Setbacks to 1,500 Feet”

  • Anti-Drilling/Fossil Fuel | Energy Services | Industrywide Issues | Iroquois Gas Transmission | New York | Pipelines | Statewide NY

    Radicals Keep Pressure on NY Gov. Hochul to Block Iroquois Upgrade

    May 9, 2024May 9, 2024

    The odious and disgusting Food & Water Watch (FWW) organization (anti-fossil fuel fanatics) has taken point on the left’s effort to block Iroquois Gas Transmission’s plan to upgrade compressor stations in the Empire State. Iroquois’ Enhancement by Compression (ExC) project increases horsepower at three compression stations — two in New York and one in Connecticut — by an extra 125 MMcf/d, flowing more Marcellus/Utica gas into New York City and New England. Less than two weeks ago, FWW announced it had recruited 5,000 drones (no doubt paying some of them) to write comments against ExC in an effort to give New York’s weak Governor, Kathy Hochul, political cover to reject ExC (see Radicals Pressure NY Gov. Hochul to Block Iroquois Pipe Expansion). Here it is nine days later, and FWW has issued yet another press release updating the number of form letters from 5,000 to 8,000.
    Read More “Radicals Keep Pressure on NY Gov. Hochul to Block Iroquois Upgrade”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    Post-Gazette Proposes Compromise on Who Pays to Plug Old Wells

    May 9, 2024May 9, 2024

    Two days ago, MDN brought you an extensive article from the Pittsburgh Post-Gazette that delves into the thorny issue of who should pay to plug some of the 200,000+ orphaned and abandoned wells in Pennsylvania (see The Thorny Issue of PA’s Old Conv. Wells & Who Pays to Plug Them). In some cases, the owners of the wells are known, but the current owner is not the original owner who drilled the well. New owners didn’t intend to take on the liability of paying to plug the wells and want the government (state or federal) to pay to have them plugged. The editors of the Post-Gazette published a follow-up editorial proposing a compromise on how to pay to have them plugged.
    Read More “Post-Gazette Proposes Compromise on Who Pays to Plug Old Wells”

  • Electrical Generation | Industrywide Issues | Regulation

    PJM Electric Grid Warns Biden EPA re Final Reg on Gas-Fired Plants

    May 9, 2024May 9, 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”). PJM Interconnection, the largest U.S. power grid operator, published a statement yesterday complimenting the EPA for making some changes but expressing deep concerns over key items the EPA refused to change.
    Read More “PJM Electric Grid Warns Biden EPA re Final Reg on Gas-Fired Plants”

  • Electrical Generation | Industrywide Issues | Regulation

    EPA’s Reg Attacking Coal- and Gas-Fired Power Won’t Survive

    May 9, 2024May 9, 2024

    In April, the Bidenistas at the EPA attacked coal and gas-fired power plants, threatening to destabilize the existing electric power grid (see EPA Rolls Out Final Regs Attacking Coal & Gas-Fired Power). This isn’t the first time the left has tried to do this. During the reign of Lord Obama, it was called the Clean Power Plan, which was blocked by the U.S. Supreme Court in 2016 and eventually overturned by the D.C. Circuit Court of Appeals in 2019 (see Obama’s “Signature” Climate Reg, Clean Power Plan, Finally Dead).
    Read More “EPA’s Reg Attacking Coal- and Gas-Fired Power Won’t Survive”

  • Industrywide Issues | Regulation

    Want to Tame Inflation? Make Fossil Energy Easier to Produce

    May 9, 2024May 9, 2024

    There is no mystery about why we are experiencing the highest inflation rates since 1981 (see historical inflation data below). One of the highest costs associated with any good or service is the cost of energy. Joe Biden and his gang of lefties have driven the cost of energy into the stratosphere since taking office, using a regulatory bludgeon to block the expansion of fossil energy. The Bidenistas use the false premise of man-made catastrophic global warming as their raison d’être — their justification — for blocking fossil energy. And yet China and India together produce 40% of the world’s CO2 emissions, while the U.S. produces just 12.6% of the world’s CO2 emissions. So please, don’t lecture us that removing a few more molecules of CO2 here in the U.S. makes one bit of difference when other countries like China and India constantly expand their output of CO2. The only result of the Bidenista’s quest to regulate fossil energy into oblivion is to skyrocket the cost of energy.
    Read More “Want to Tame Inflation? Make Fossil Energy Easier to Produce”

  • Best of the Rest

    Other Stories of Interest: Thu, May 9, 2024

    May 9, 2024May 9, 2024

    OTHER U.S. REGIONS: Vermont passes bill to charge fossil fuel companies for climate change; NATIONAL: GOP bill to keep Biden’s ‘hands off’ home appliances passes House; Exposing the lie that humans control the climate; INTERNATIONAL: Why Germany is choosing natural gas over nuclear power.
    Read More “Other Stories of Interest: Thu, May 9, 2024”

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

    Williams 1Q Revenue Up 8%, Replacing 112 Compressor Units

    May 8, 2024May 8, 2024

    Pipeline giant Williams, with major assets in the Marcellus/Utica and the owner of the mighty Transco pipeline that flows huge quantities of M-U gas south and southwest, issued its first quarter 2024 update yesterday. CEO Alan Armstrong said in prepared remarks that the company, which operates in just about every region of the country, has “20 high-return projects in execution across our business.” That’s 20 pipeline or storage projects of various kinds, many of them in the M-U region. The projects include “approximately 3.1 Bcf per day of expansion on Transco, which equates to a 15% increase in fully contracted long-term capacity that will be coming online over the next few years.” Transco current flows a maximum of 18.6 Bcf/d (billion cubic feet per day). It’s going to expand by another 3.1 Bcf/d!
    Read More “Williams 1Q Revenue Up 8%, Replacing 112 Compressor Units”

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

    PA Bill Cuts Off Impact Tax Revenue to Municipalities that Sue O&G

    May 8, 2024May 8, 2024

    Yes! It’s about time!! Pennsylvania State Senator Gene Yaw (Republican from Lycoming County) is about to introduce a new bill that will cut off millions of dollars in tax revenues that flow from shale drilling to any municipality (county, town, village, city) that launches a lawsuit against “Big Oil,” as recently happened with Bucks County, a Philadelphia suburb (see Bucks County, PA, Sues Big Oil for Causing “Climate Change”). The Democrat machine that controls Pittsburgh (i.e., Allegheny County) with an iron fist is also seriously considering a lawsuit against “Big Oil” (see CCI Tries to Tempt Allegheny County into Suing Oil & Gas Cos.). Enough! Yaw’s bill will cut off such municipalities from the revenue — millions of dollars — that they currently enjoy from the industry they are suing.
    Read More “PA Bill Cuts Off Impact Tax Revenue to Municipalities that Sue O&G”

  • Industrywide Issues | LDCs | M&A | Statewide WV | West Virginia

    WV’s Hope Gas Growing Again – Deal to Buy Consumers Gas Utility Co.

    May 8, 2024May 8, 2024

    Hope Gas, a large local utility company, provides gas service to more than 131,000 residential, industrial, and commercial customers in thirty-seven West Virginia counties. The company monitors and maintains over 7,000 miles of pipelines that safely deliver West Virginia natural gas to many homes and commercial and industrial sites. Hope employs over 450 employees, all working in WV. The company has been expanding like crazy, purchasing and integrating five companies over the past year. Yesterday, Hope announced a deal to buy a sixth company — Consumers Gas Utility Company — which will add another 8,500 customers to Hope’s growing natural gas customer base.
    Read More “WV’s Hope Gas Growing Again – Deal to Buy Consumers Gas Utility Co.”

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