MARCELLUS/UTICA REGION: WVU technology innovations position WV to lead hydrogen; NATIONAL: Climate activists are done playing nice; The climate scam won’t end until we end it.
Read More “Other Stories of Interest: Mon, Mar 25, 2024”
There were 16 new permits issued to drill in the Marcellus/Utica during the week of Mar. 11 – 17, down 3 from 19 permits issued the prior week. Pennsylvania issued 9 new permits. Ohio issued 4 new permits. And West Virginia issued 3 new permits. Penn Production Group (PPG) and EOG Resources tied for most new permits with 4 each. PPG received 4 permits to drill in Clearfield County, PA. EOG received 4 permits to drill in Harrison County, OH. Coterra Energy received 3 permits to drill in Susquehanna County, PA. Antero got 2 permits for Ritchie County, WV. Southwestern Energy and Chesapeake Energy each received a single permit to drill in Bradford County, PA. EQT received a single permit for Wetzel County, WV.
Read More “16 New Shale Well Permits Issued for PA-OH-WV Mar 11 – 17”
The Pennsylvania Dept. of Environmental Protection (DEP) sent a letter to the Shell ethane cracker plant on Feb. 22 essentially saying, “You’re time is up.” The cracker plant facility has 120 days from Feb. 22 (until Jun. 21) to file for a federal Title V Operating Permit for air emissions. If the facility doesn’t at least file for the permit, it’s lights out until it does.
Read More “Shell PA Cracker Must File for Full Title V Air Permit, or Else”
Epsilon Energy issued its fourth quarter and full-year 2023 update yesterday. Epsilon, a relatively small company, used to concentrate most of its effort on developing Marcellus Shale wells. However, over the past couple of years, the company has expanded into other plays and now owns assets in the Anadarko (Oklahoma and Texas) and the Permian (Texas and New Mexico). Epsilon typically does not do its own drilling. The company joint venture partners with (gives money to) other companies, like Chesapeake Energy (in the Marcellus), and the other company does the drilling. In the Marcellus, Epsilon participated in the drilling of 7 gross (0.74 net) and completion of 2 gross (0.02 net) Marcellus wells in 2023. The completed wells went into production in January 2023. At the end of last year, the company had 1 gross (0.01 net) well being drilled and 6 gross (0.73 net) wells waiting on completion in Pennsylvania.
Read More “Epsilon Energy 2023 Marcellus Production Down 12%”
The New York State Energy Research and Development Authority (NYSERDA) is shopping for a public relations firm that can help the agency convince gullible New Yorkers that they’re better off paying more money for unreliable renewable energy than they are in using fossil fuels like natural gas. NYSERDA is offering $500,000 for a one-year contract to help the agency tout its wide-ranging push to phase out gas cars in favor of electric vehicles, dump gas-heated homes in favor of electric heat, and eliminate fossil-fuel power generation in favor of solar and wind. While they’re at it, maybe they can sell you a bridge in Brooklyn, too.
Read More “NY Hiring PR Firm for $500,000 to Push Anti-Fossil Fuel Message”
The problem-plagued Freeport LNG export plant continues to be mostly offline following an episode of cold temps in January. It seems like this facility has been out of commission more than it’s been in commission since it went online in 2019. A few days ago, Freeport announced that two of the three trains at its facility would remain out of service for testing and repairs through May. The plant has not operated at full capacity since late January following a deep freeze in Texas that caused problems in Train 3.
Read More “Freeport LNG Repairs Won’t be Done Until May – 2 Trains Offline”
Finally, a little legal action to push back against Joe Biden’s “pause” on approving new LNG export applications. In January, Joementia announced he would “pause” any approvals for new LNG export plants (currently 17 requests in the pipeline) for at least one year while his people fart around pretending to figure out how to measure global warming as a new consideration for whether or not to approve projects (see White House Makes it Official – Biden Declares War on LNG Exports). It was a purely political move aimed at currying favor with the radical left. Yesterday, 16 state Attorneys General filed a lawsuit asking a federal judge to end the pause.
Read More “16 States Sue Biden Admin Over Pause in LNG Export Approvals”
Earlier this month, MDN told you that President Joementia Biden has nominated three new candidates to become Federal Energy Regulatory Commission (FERC) commissioners (see Biden Announces 3 New FERC Commissioner Nominees, Finally). The three, two Democrats and one Republican, faced questions from the Senate Energy & Natural Resources Committee in a hearing held yesterday. While all three got a good grilling (and had to endure pontificating by Senators), there really was little to no fireworks at the hearing.
Read More “3 FERC Nominees on the Hot Seat at Senate Hearing, No Fireworks”
NATIONAL: Will CO2 stay in the ground when injected?; EIA increases oil price forecast following OPEC+ production cut extension; Fossil-fuel chiefs unite in slamming Biden LNG ban; ‘Climate protestors’ are the dangerous know-nothings of our time; INTERNATIONAL: Lower LNG prices trigger surge in Asian spot market purchases; Is the global LNG market headed for oversupply and lower prices?
Read More “Other Stories of Interest: Fri, Mar 22, 2024”
It’s full speed ahead for the radical anti-Marcellus Democrats in the Pennsylvania State Legislature. Last week, PA Gov. Josh Shapiro traveled to Scranton, PA, to do a dog-and-pony show announcing his personalized version of the Regional Greenhouse Gas Initiative (RGGI) carbon tax that would apply only to PA (see PA Gov. Shapiro Proposes Own Version of Marcellus-Killing Carbon Tax). Shapiro calls it PACER, the Pennsylvania Climate Emissions Reduction Act. PACER would do what RGGI does — slap a huge tax on gas-fired power plants because they burn methane that gets converted into carbon dioxide. His far-left allies in the legislature — Sen. Carolyn Comitta (D-Chester), Sen. Steve Santarsiero (D-Bucks), Rep. Danielle Friel Otten (D-Chester), and Rep. Aerion Abney (D-Allegheny) — are about to introduce a bill in both chambers to make PACER a reality. Good luck with that in the GOP-controlled Senate!
Read More “Dems Intro Bill to Create PA-Only Marcellus-Killing Carbon Tax”
Honestly, we can’t heap enough praise on the excellent work done by Pennsylvania shale drillers. It is unreasonable to expect there will be absolutely zero problems when engaging in something as complex as drilling a mile straight down and then one to four miles horizontally underground. Nothing in life is error-free. NOTHING. There’s always a problem. There’s always a slight error somewhere. Yet in PA drilling, only 54 shale wells out of 14,412 drilled since 2004 have resulted in the shale well “communicating with” (interfering with or leaking methane to) nearby water wells, conventional wells, abandoned wells, or other shale wells. That’s 0.0037 of the time, or 3.7 wells for every 1,000 drilled. Converting that number to a percentage, it’s 0.37% (about one-third of a single percentage point). Rounding further, it’s 0% of the time.
Read More “0% of New PA Shale Wells have “Interfered” with Water, Other Wells”
Where do business dreams go to die? New York State, of course. Yesterday, the New York State Senate passed a bill to ban the use of carbon dioxide (CO2) in any process to extract natural gas or oil in the so-called Empire State. The NY Assembly (our state’s lower chamber) voted to approve the same bill a week ago (see NY Assembly Passes Bill to Ban Using CO2 to “Frack” Wells). It is a metaphysical certitude that our radicalized Governor, Kathy Hochul (who has somehow become even worse than Andrew Cuomo), will sign it into law, thereby destroying what could have been a billion-dollar private business that would have benefited landowners, area businesses, and local municipalities with heaps of extra tax revenues. Have a great idea for a business? Don’t come to New York, where we are closed for business.
Read More “Radicals Win in NY – Senate Passes Permanent Ban on CO2 Fracking”
Water use restrictions have finally been lifted at the Beaver Run Reservoir in Westmoreland County, PA (near Pittsburgh). The Municipal Authority of Westmoreland County (MAWC), which manages Beaver Run Reservoir, has issued a contract to CNX Resources allowing the company to buy up to 51 million gallons of water to use in fracking at nearby gas wells. CNX will pay $12,855 for every 1.5 million gallons of water it buys. If the company ends up buying the full 51 million gallons, it will pay the MAWC $437,000.
Read More “CNX Buying 51M Gal. of Water from Beaver Run Reservoir for Fracking”
Here’s a strange one we don’t quite understand. Yet. Two weeks ago we brought you the news that a jury in a federal court had decided a group of Utica shale drillers, including Rice Drilling (now EQT), Ascent Resources, XTO, and Gulfport Energy, were not guilty of “unjust enrichment” by drilling into the Point Pleasant shale layer that sits immediately below the Utica (see OH Drillers Win Case Against Landowners re Drilling Deeper). The very same federal court with the very same federal judge has just denied a request by some of the same drillers to throw out a similar case. In this new case (Honey Crest Acres v. Rice Drilling & Gulfport Energy), the judge is allowing the plaintiffs to proceed to make their case for unjust enrichment against Rice and Gulfport.
Read More “OH Federal Judge Allows “Drilled Too Deep” Case to Proceed”
Range Resources was the very first company to sink a Marcellus shale well back in 2004. The company went all-in on the Marcellus and has remained a pure-play driller ever since (to their credit). The company initially set up a regional headquarters in Southpointe (Washington County, PA) with a 60,000-square-foot office. It later upgraded to an office with 182,000 square feet — an entire building all to itself. Although the company has two years left on its lease, Range is, according to sources, looking to downgrade again. The company wants an office space of around 80,000 square feet.
Read More “Range Resources Begins Search for New (Smaller) Regional HQ in PA”
Plugging old abandoned (which means no longer producing) and orphaned (meaning the owner is not known) wells is not a simple thing to do. It’s estimated that Pennsylvania has perhaps 350,000 old abandoned and orphaned wells, many of them leftover from the early days of conventional oil drilling. The problem is finding them. Many are in out-of-the-way places. Plugging them cheaply is no simple matter. PA, OH, and WV have received millions from the federal government to help with their well plugging programs in an effort to control so-called fugitive methane. Over the past year, PA has plugged over 200 old wells (see PA Gov Shapiro Puffs His Chest to Announce Plugging 200 Old Wells). How much does it cost per well?
Read More “Federal Regs Push Well Plugging Costs in PA Over $100,000 per Well”