PennState Estimates Methane Emissions for Closed Shale Wells
A team led by Penn State researchers has developed a new tool that can estimate the emissions potential of shale wells after they are no longer active. The researchers claim drillers can analyze their own drill cuttings (samples of shale rock) to determine how much potential there is for methane leakage after a well is abandoned. Which is interesting and perhaps even useful information for Marcellus/Utica drillers. However, a tangential factoid in the news story is what caught our interest and got our mental wheels churning. The factoid is this…
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On Friday, the Ohio Oil and Gas Commission upheld a regulatory order from the Ohio Dept. of Natural Resources (ODNR) suspending operations of three wastewater injection wells located in Torch (Athens County), OH, owned by K&H Partners, a subsidiary of Tallgrass Energy. ODNR “temporarily” suspended the operations of four fracking waste injection wells (the three K&H wells and one other) in Athens County last September (see 
Pennsylvania State Senator Katie Muth’s attempt to block a proposed frack wastewater treatment plant in Dimock (hours away from her own district) has bombed out yet again. Muth tried to challenge and block a permit for the plant, an effort which was mostly rejected in court in June 2022 (see
Last Wednesday, EQT Corporation held its annual shareholders meeting. These sorts of meetings are typically short and sweet, as was EQT’s meeting last week. Ahead of annual meetings, various resolutions are circulated for shareholders to vote on (by proxy before the meeting). There were three such resolutions on EQT’s agenda this year: Election of board members, hiring an accounting firm to do an independent audit, and executive compensation for 2023 (last year). In the bowels of the paperwork, we discovered that EQT CEO Toby Rice was being paid $10.6 million for his work last year, reckoned as $1 dollar in salary plus $9.6 million in shares of EQT stock and $1 million in incentive compensation. Rice’s compensation last year is actually down from 2022 ($11.6 million) and 2021 ($16.9 million).
Last week, the Baker Hughes rig count regained a couple of rigs; for the first time in five weeks, the count has gone up instead of down. The count went from 617 active rigs two weeks ago up to 619 last week. Since last October, the national count has gone as low as 616 and as high as 629. And that’s it. No higher and no lower. The Marcellus/Utica lost one rig last week and now runs 41 rigs. Pennsylvania remained constant with 22 rigs; Ohio lost a rig and now operates 11 rigs; and West Virginia remained the same with 8 rigs.
Things may finally be turning around for the problem-plagued Freeport LNG export facility located in Quintana, Texas. Last week we reported gas flows to the facility had dropped to “near zero” for at least five days in a row (see
Today is the annual day when environmental wackos demand fealty to Mother Earth. You WILL bow down and worship the creation (instead of the Creator) or risk being excommunicated from polite company. We thumb our noses at Earth Day worshipers and declare our love for the miracle of fossil energy on this Earth Day. We invite you to join us in celebrating the greatest invention of mankind–fossil fuels!
Two weeks ago, for April 1 – 7, there were eight new permits issued (see
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Exactly a year ago, MDN brought you the good news that a company based in Houston, Texas called Encina (not to be confused with Encino Energy, which drills for natural gas and oil in Ohio) was proposing to build a $1.1 billion plastics recycling plant along the Susquehanna River in Northumberland County, PA — about 60 miles north of Harrisburg (see
LS Power, headquartered in New York City, has developed or acquired 47,000 megawatts (MW) of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. We’ve previously mentioned LS Power in a number of MDN articles (
According to S&P Global Commodity Insights, U.S. power sector natural gas demand set another record high in the first quarter and has remained higher year over year into April. Demand from the power sector for natural gas totaled 32.7 Bcf/d (billion cubic feet per day) in the first quarter of 2024, up 2 Bcf/d from the first quarter of 2023. The trend has continued into April. Gas demand from power plants averaged 30.8 Bcf/d from April 1-18, which is 2.1 Bcf/d higher than the same period of 2023. However, whether the trend will continue through the rest of the year is an open question.
A local community receiving a federal grant of $14 million (arranged by a local Congressman) to improve natural gas infrastructure, like replacing worn-out gas pipes, is a fairly common occurrence across most of the country. But it’s not a common occurrence when the community receiving the grant and doing the work is located in New York State — a state that is utterly hostile to even a single square inch of new natural gas infrastructure. That’s what makes this story so unusual, so “man-bites-dog” in nature. Bath and Woodhull (both in Steuben County, NY) are receiving a combined $14 million to replace nearly 18 miles of natural gas pipelines.