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Marcellus Drilling News
  • Enbridge | Energy Services | Industrywide Issues | Pipelines | Regulation

    Officials Seek Public Alerts from Connecticut Compressor Station

    July 16, 2024July 16, 2024
    Algonquin Gas Transmission compressors in Connecticut (click for larger version)

    The 1,100-mile-long Algonquin Gas Transmission Pipeline delivers natural gas, including Marcellus/Utica gas, to New England. Algonquin is connected to the Texas Eastern Pipeline and the Maritimes & Northeast Pipeline. Algonquin crosses through (delivers gas to) Connecticut and several other states. Three compressor stations are located along the portion of Algonquin that traverses Connecticut. One of the three compressor stations, located in Cromwell, was dinged by the state Department of Energy and Environmental Protection (DEEP) for releasing “excessive amounts” of volatile organic compounds (VOCs) in 2014 and 2016. The company signed a consent order requiring new emission controls at the plant, along with paying a $190,000 fine. According to State Sen. Matt Lesser and Cromwell Mayor James Demetriades (both Democrats), that’s not good enough.
    Read More “Officials Seek Public Alerts from Connecticut Compressor Station”

  • CNG/LNG | Exporting | Industrywide Issues

    Freeport LNG Still Not Back Online – Slow Restart Begins This Week

    July 16, 2024July 16, 2024
    Image: Freeport LNG (click for larger version)

    Freeport LNG closed its export plant on Sunday, July 7, in anticipation of Hurricane Beryl hitting the Texas Gulf Coast (see Surprise! Freeport LNG Exports Shut Down Due to Hurricane Beryl). The storm passed through the Freeport region and left a lot of damage, including some damage to the Freeport facility. As Freeport works to fix the damage, it will slowly begin to restart. Later this week, Train 1 (of three) will be brought back online.
    Read More “Freeport LNG Still Not Back Online – Slow Restart Begins This Week”

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

    Radicals Oppose Plan to Fix Leaking NatGas Pipes in Washington, DC

    July 16, 2024July 16, 2024

    Anti-fossil fuel zealots from the Chesapeake Climate Action Network and from an Indian tribe as far away as Nova Scotia (Canada) are opposing a $12 billion plan by Washington Gas to fix leaky (very old) natural gas pipelines that cross under the streets of our nation’s capital, Washington, D.C. An article from the Big Green propaganda outfit Public News Service (PNS) opens with this line: “Washington D.C. residents are pushing back on a plan to build out existing fossil fuel infrastructure.” There’s no mention of how many D.C. residents object. And as if there aren’t enough residents who object, the article quotes an anti from Nova Scotia! What do antis from N.S. have to do with this?
    Read More “Radicals Oppose Plan to Fix Leaking NatGas Pipes in Washington, DC”

  • Commodity Price | Industrywide Issues | Storage

    Europe NatGas Storage Full in Third Quarter – Prices Trend Down

    July 16, 2024July 16, 2024

    Natural gas traders are predicting (more like warning) that Europe’s natural gas storage tanks will be filled to the tippy top during the third quarter (which ends in September), ahead of the normal schedule. At the start of the second quarter, Europe’s tanks were 59% full. As of July 12, they were 80% full. If European storage closes early, that will put downward pressure on prices here in the U.S. Less demand with the same supply equals lower prices.
    Read More “Europe NatGas Storage Full in Third Quarter – Prices Trend Down”

  • Best of the Rest

    Other Stories of Interest: Tue, Jul 16, 2024

    July 16, 2024July 16, 2024

    OTHER U.S. REGIONS: DOE pressed to advance major LNG project after pause reversal; Government officials raise concerns after new governor rolls back decades of legislation; NATIONAL: Sierra Club statement on Donald Trump’s selection of JD Vance; Democratic platform bullish on climate action, down on Big Oil; INTERNATIONAL: Russian pipeline gas exports to EU up 24% y/y in Jan-June.
    Read More “Other Stories of Interest: Tue, Jul 16, 2024”

  • BKV/Banpu | Energy Companies | Industrywide Issues | M&A | Pennsylvania | Statewide PA

    BKV Sells Non-Operated PA Marcellus Assets for $132 Million

    July 15, 2024July 15, 2024

    Over the past seven-plus years, BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu (96% owned by Banpu, Thailand’s largest coal mining company), has become one of the top 20 gas-weighted natural gas producers in the U.S. BKV originally entered the American shale sector by investing $500 million in 2016-2017 to buy existing Marcellus wells and acreage in northeast Pennsylvania. Then the company went wandering into other shale plays (see Banpu Expands Again – Buys Exxon’s Texas Barnett Assets). In addition to shale drilling, BKV purchased gas-fired power plants in Texas and is now working on a carbon capture project (see Bumpy Financial Road for BKV – Company Bets on Carbon Capture). In April, we told you BKV was shopping its non-operated assets in its Marcellus footprint in six northeastern Pennsylvania counties (see BKV Shopping 214 Nonoperated Shale Wells in 6 NE Pa. Counties). They found a buyer — actually two buyers.
    Read More “BKV Sells Non-Operated PA Marcellus Assets for $132 Million”

  • Butler County | Pennsylvania

    Butler County, PA Man Killed at Trump Rally in Assassination Attempt

    July 15, 2024July 15, 2024
    Corey Comperatore (left)

    We’re still coming to terms with the surreal scenes from Saturday’s attempted assassination of President Trump at his rally in Butler, PA. A fraction of an inch closer and the assassin’s bullet would have killed Donald Trump. We firmly believe it was Divine Providence (i.e., God) that kept President Trump alive. However, one brave man was not so blessed. His name is (was) Corey Comperatore, the former chief of the Buffalo Township Volunteer Fire Company, a churchgoer, and the 50-year old dad of two daughters who were with him at the rally on Saturday. When the bullets began to fly and he understood what was happening, Mr. Comperatore instinctively did what we who are fathers hope we would do — he moved to shield his family, his two daughters. He literally took a bullet for them, saving their lives but ending his. Corey Comperatore is a hero; he is the best of the best, and we remember him today.
    Read More “Butler County, PA Man Killed at Trump Rally in Assassination Attempt”

  • Electrical Generation | Industrywide Issues

    ESG Clean Energy System Removes 100% of CO2 from Gas-Fired Plant

    July 15, 2024July 15, 2024

    In December 2022, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire NET Power — an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see Dan Rice Buys Co. that Builds Zero-Carbon Gas-Fired Electric Plants). It looks like Danny and the boys have some competition. ESG Clean Energy, LLC, developers of power generation/carbon capture systems with zero carbon output, announced that its carbon capture system has already achieved capturing 100% of the CO2 from a combustion exhaust stream at a 4.4-megawatt gas-powered generating plant in Massachusetts.
    Read More “ESG Clean Energy System Removes 100% of CO2 from Gas-Fired Plant”

  • Pennsylvania | Statewide PA

    PA Finally Has a State Budget For 2024/25 — Is It a Good One?

    July 15, 2024July 15, 2024

    We’ve covered the Pennsylvania state budget negotiations and passage in years gone by when PA’s then-Gov. Tom Wolf (far-left Democrat) requested a Marcellus-killing severance tax every year he was in office (eight loooong years). We’ve largely ignored the PA budget this time around under PA’s do-nothing dud of a governor, Josh Shapiro, as his proposed budget didn’t include a severance tax proposal. The budget passed last Thursday (two weeks late). We happened to spot a comment by the Marcellus Shale Coalition offering words of praise for the budget, so that got our attention. What is in this budget the MSC likes?
    Read More “PA Finally Has a State Budget For 2024/25 — Is It a Good One?”

  • Hydraulic Fracturing | Industrywide Issues

    Refracs Becoming Common Practice for Oil & Gas Operators

    July 15, 2024July 15, 2024

    Refracs, also called re-entries and re-completions, re-enter an existing and declining well to access more rock and pump new life out of it. Refracs are becoming a much more common practice for operators. There are two main types of refracs. While refracs are mainly used in oil wells, there are times when they are used in gas wells. Is a refrac coming to a well near you?
    Read More “Refracs Becoming Common Practice for Oil & Gas Operators”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    Trump Policies that Horrify the Left Provide Us with Hope & Comfort

    July 15, 2024July 15, 2024

    CleanTechnica, a leftist pseudo-science website that caters to mind-numbed robots, is warning its readers that Donald Trump “intends to assemble an army to deconstruct the administrative state & the environment.” Cue screaming. The article details the horrors of a second Trump administration and what it will mean to the environment. Actually, the concern is what it will mean to the parasites who suck public money for scam renewable energy projects. The article is equal parts funny and accurate. It accurately outlines the approach Trump will take to dismantle the administrative state that currently exists and is completely controlled by leftist Democrats. What’s funny is that we agree! The article, while horrifying for leftists, brings us great hope and comfort that we can rescue this country from the disaster it has become under the left.
    Read More “Trump Policies that Horrify the Left Provide Us with Hope & Comfort”

  • Baker Hughes | Energy Services | Industrywide Issues | Research

    National Rig Count Slides: U.S. Drops 1 @ 584, M-U Static @ 36

    July 15, 2024July 15, 2024

    The U.S. national oil and gas rig count lost ground again last week for the fifth time in six weeks, albeit by a small amount. The national combined Baker Hughes oil and gas rig count lost one rig and now stands at 584 active rigs. The Marcellus/Utica stayed the same last week, for the sixth week in a row, with a combined 36 active rigs. Pennsylvania continued to operate 21 rigs. Ohio remained steady with ten active rigs. And West Virginia kept five active rigs. The M-U’s primary competitor, the Haynesville, held stead with 37 active rigs.
    Read More “National Rig Count Slides: U.S. Drops 1 @ 584, M-U Static @ 36”

  • Best of the Rest

    Other Stories of Interest: Mon, Jul 15, 2024

    July 15, 2024July 15, 2024

    MARCELLUS/UTICA REGION: Supreme Court should protect PA energy from dog-and-pony show; OTHER U.S. REGIONS: Inslee vows to defend Washington State climate law under attack; For now, natural gas is here to stay in Connecticut; Maryland “can’t import itself out of energy crisis”; INTERNATIONAL: Oil demand averages over 103 million barrels per day in July; UK Energy Dept confirms no new leases for offshore drilling.
    Read More “Other Stories of Interest: Mon, Jul 15, 2024”

  • Industrywide Issues | Ohio | Pennsylvania | Research | Statewide OH | Statewide PA | Statewide WV | West Virginia

    Marcellus Sees Soaring Costs, Lower Production – Ranking Decreased

    July 12, 2024July 12, 2024

    Operators and investors are more concerned than ever about the remaining inventory of drillable locations. Who has it? Where is it? Will it be economic? The North American inventory rankings by shale play are always of interest. Enverus Intelligence Research (EIR), a subsidiary of Enverus, recently issued a report that ranks the plays by the number of economic-to-drill locations each play has left. Unfortunately, Marcellus Shale play is on the list of “losers” in this latest report. Why? A huge jump in Bidenflation — rig day rates were up 25% year-over-year in September in the Marcellus, compared to about 15% across the other plays. Also a factor is dropping productivity in the Marcellus (“productivity degradation”), particularly in northeast PA.
    Read More “Marcellus Sees Soaring Costs, Lower Production – Ranking Decreased”

  • Carroll County | Ohio

    Fracker Wants to Drill Under State Wildlife Area in Carroll County

    July 12, 2024July 12, 2024

    In January 2023, Ohio House Bill (HB) 507 became law with the signature of Gov. Mike DeWine (see OH Gov. Signs Bill Expanding Drilling in State Parks, NatGas “Green”). The new law allows shale drilling under (but not on top of) Ohio state-owned land, including state parks. HB 507 encourages (pushes for) more drilling under state-owned land. The special commission created to award contracts — called the Ohio Oil & Gas Land Management Commission (OGLMC) — meets periodically to consider “nominations” (requests to drill). The OGLMC has just received another nomination…this one to drill under (not on) 128 acres of the Leesville Wildlife Area in Carroll County.
    Read More “Fracker Wants to Drill Under State Wildlife Area in Carroll County”

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

    PA Legislature Rejects Radical Antis, Passes CCS Bill, Sends to Gov

    July 12, 2024July 12, 2024

    A civil war in the Pennsylvania environmental movement is not getting any attention from mainstream media. Why are we not surprised? We told you about the civil war earlier this week (see PA Antis Split Over Issue of Carbon Capture & Sequestration). One set of environmentalist wacko groups, including the Pennsylvania Environmental Council, Environmental Defense Fund, Nature Conservancy, and Clean Air Task Force, support PA Senate Bill (SB) 831, the Carbon Capture & Sequestration (CCS) Act. The second group, including Better Path Coalition, 350 Pittsburgh, 412 Justice, the Center for Coalfield Justice, and the Clean Air Council, are opposed. We asked the question: Which group of wackos will the liberal Democrats of the PA legislature listen to? We now have an answer.
    Read More “PA Legislature Rejects Radical Antis, Passes CCS Bill, Sends to Gov”

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