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Marcellus Drilling News
  • Electrical Generation | Industrywide Issues

    New Big Gas-Fired Power Plant Planned Near Milwaukee, WI

    April 10, 2024April 10, 2024

    Wisconsin Electric Gas Operations, doing business as We Energies, proposes to spend $1.2 billion dollars at its Oak Creek Power Plant (Oak Creek is a suburb of Milwaukee) to convert the facility from a coal-fired power plant to a natural gas plant that will generate 1,100 megawatts of electricity. Last Friday, We Energies filed a formal application with the Wisconsin Public Service Commission (PSC), revealing more details about the project and its projected timeline. We hopes to have the project built and online by the summer of 2028.
    Read More “New Big Gas-Fired Power Plant Planned Near Milwaukee, WI”

  • Best of the Rest

    Other Stories of Interest: Wed, Apr 10, 2024

    April 10, 2024April 10, 2024

    NATIONAL: Could producers now backslide to ‘drill baby drill’?; EPA awards billions from Biden’s climate bill to orgs with Dems; INTERNATIONAL: Top commodity trader sees oil in $80-$100 range this year; Swiss radicals win landmark climate case at Europe human rights court.
    Read More “Other Stories of Interest: Wed, Apr 10, 2024”

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

    NY DEC Attempting to Use Draft Reg to Block Iroquois Compressor

    April 9, 2024April 9, 2024

    The radicals who run the New York Dept. of Environmental Conservation (DEC) are gearing up to block the Iroquois Gas Transmission system from completing its Enhancement by Compression (ExC) project. ExC 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 (see Despite Antis’ Best Efforts, More NatGas Coming to New England). The Federal Energy Regulatory Commission (FERC) approved the project back in 2022 (see Iroquois Gas Enhancement by Compression Project Approved by FERC). Since that time, the DEC has found ways to delay it (see NY DEC Intentionally Delays Permits for Iroquois Compressor Upgrades). And now the DEC is making noise about using a new DRAFT regulation (not even legally adopted yet) to reject ExC. This is pure corruption.
    Read More “NY DEC Attempting to Use Draft Reg to Block Iroquois Compressor”

  • ESG | Industrywide Issues | Regulation | Statewide WV | West Virginia

    WV Adds Citigroup, HSBC, TD Bank, Northern Trust to ESG Banned List

    April 9, 2024April 9, 2024

    In February, West Virginia State Treasurer Riley Moore sent notices to six financial institutions warning them of potential inclusion on the state’s Restricted Financial Institution List (can’t do business with the state) after his office made an initial determination that the institutions appear to be engaged in boycotts of fossil fuel companies as defined under state law (see WV Warns 6 More Banks They are in Danger of Blacklist re ESG). Four of the six, including the Chinese-owned HSBC, were just added to the list. It’s lights out for these four companies as far as doing business with the State of West Virginia.
    Read More “WV Adds Citigroup, HSBC, TD Bank, Northern Trust to ESG Banned List”

  • Energy Companies | Gulfport Energy | Industrywide Issues | M&A

    Experts Say Buyers “Starved” for Top-Tier NatGas Assets in M-U

    April 9, 2024April 9, 2024

    Hart Energy is know for its DUG events — Developing Unconventional Gas. In years gone by, Hart would host separate DUG events in their respective regions. This year is different. Hart combined the Marcellus/Utica (called Appalachia), which, of course, covers Pennsylvania, Ohio, and West Virginia, with the Haynesville, which covers northern Louisiana and East Texas. Both are the leading natural gas-focused plays in the country. This year’s combined event, called DUG Gas+, was held two weeks ago in Shreveport, LA. One of the interesting discussions coming from this year’s event was talk about buyers (and investors) being “starved” for top-tier natural gas assets, and that Appalachia could become a dealmaking hotspot in the coming years.
    Read More “Experts Say Buyers “Starved” for Top-Tier NatGas Assets in M-U”

  • CNG/LNG | Economic Impact | Exporting | Industrywide Issues | Jobs | Pennsylvania | Statewide PA

    Pennsylvania House Hears How Biden LNG Pause Hurting Pa. Workers

    April 9, 2024April 9, 2024

    Yesterday, the Pennsylvania House Republican Policy Committee held a hearing called “Fueling Pa’s Future: Liquid Natural Gas.” In January, Joe Biden 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). One of the projects put on pause is a $6.4 billion LNG export terminal planned for Delaware County, PA (near Philadelphia).
    Read More “Pennsylvania House Hears How Biden LNG Pause Hurting Pa. Workers”

  • Electrical Generation | Industrywide Issues | Research

    Electric Grid Study Finds NatGas Best for Reliability, Environment

    April 9, 2024April 9, 2024

    A joint report from Northwood University’s McNair Center for the Advancement of Free Enterprise and Entrepreneurship and the Mackinac Center for Public Policy ranks eight key energy industry sectors based on their ability to meet the growing demand for affordable, reliable, and clean electricity generation. The sectors ranked were natural gas, coal, petroleum, nuclear, hydroelectric, wind, solar, and geothermal. Only one electricity source scored an “A” on the report card — natural gas. Solar and wind both flunked, receiving an “F.”
    Read More “Electric Grid Study Finds NatGas Best for Reliability, Environment”

  • Commodity Price | Industrywide Issues

    The Current NatGas Glut Driving Down Prices Won’t Last Long

    April 9, 2024April 9, 2024

    We are currently mired in some of the lowest prices for natural gas in the last 27 years (see Henry Hub Spot Price Hit Lowest “Real” Level in 27 Yrs in February). But take heart. It won’t last! According to an energy writer publishing on OilPrice.com, the gas glut (oversupply) we are experiencing right now, which is leading to low prices, won’t last “for long.” Her lips to God’s ears, right?
    Read More “The Current NatGas Glut Driving Down Prices Won’t Last Long”

  • Hydrogen | Industrywide Issues

    Which Industry Uses the Most Hydrogen? The Answer Will Shock Antis

    April 9, 2024April 9, 2024

    Depending on who you talk to, hydrogen energy will either save the world or isn’t a big deal at all. When hydrogen burns, it’s completely “clean” — meaning it doesn’t emit any carbon dioxide. Hydrogen, when burned, creates water. What could be more clean and pure and holy than hydrogen energy? Yet the 800-pound gorilla in the room is that there isn’t a market for all of the new hydrogen scheduled to come online if the so-called regional hydrogen hubs being funded by Joementia actually take off. If you produce it (more hydrogen), they will come (and buy it)? That’s what Joe and the climate hucksters are saying. Here’s a better idea: Let’s look at who uses hydrogen the most now and why. And would they use more hydrogen if it was available at a reasonable cost?
    Read More “Which Industry Uses the Most Hydrogen? The Answer Will Shock Antis”

  • Best of the Rest

    Other Stories of Interest: Tue, Apr 9, 2024

    April 9, 2024April 9, 2024

    OTHER U.S. REGIONS: Energy Transfer files for regulator review in pipeline spat; NATIONAL: Despite $90 crude, US oil output capped by weak natgas prices; Municipalization of Rochester Gas and Electric is wrong for consumers; Why another drawdown of America’s oil reserve could happen; Dimon calls push to stop all oil and gas enormously naïve; Improvement in job availability signals positive trend in energy sector; INTERNATIONAL: Time to stop doing business with Zurich Insurance; More Russian LNG being exported to Europe than Asia.
    Read More “Other Stories of Interest: Tue, Apr 9, 2024”

  • Belmont County | Energy Companies | Gulfport Energy | Lease & Royalty Payments | Ohio

    Ohio Village in Belmont County Offered $7,500/Acre Signing Bonus

    April 8, 2024April 8, 2024
    Barnesville (Belmont County), OH

    It’s not often we get insight into the latest lease offers floating around. Leasing activity is definitely picking up in the Ohio Utica. We came across what has to be one of (if not THE) highest per-acre bonus offers we’ve seen in Ohio. The Village of Barnesville, in Belmont County, sought lease offers for 177 acres of village-owned property. The village received two offers. One of the offers came from Gulfport Energy, which offered $7,500 per acre as a signing bonus plus 20% royalties. Barnesville turned it down!
    Read More “Ohio Village in Belmont County Offered $7,500/Acre Signing Bonus”

  • Chesapeake Energy | Energy Companies | Industrywide Issues | M&A | Regulation | Southwestern Energy

    Bidenistas Delay Chessy/Southwestern Merger, Request More Info

    April 8, 2024April 8, 2024

    This is precisely what companies going through a merger DON’T want to happen. Last Thursday, both Chesapeake Energy and Southwestern Energy, which previously announced a deal to combine back in January (see Deal is Done! Chesapeake & Southwestern Announce $7.4B Merger), received the dreaded “Second Request” for information from regulators at the Federal Trade Commission (FTC) and Dept. of Justice (DOJ), meaning the merger is now delayed from the first half of this year to the second half (i.e., by Dec. 31, 2024). It’s not the end of the world, but it’s not a good thing, either.
    Read More “Bidenistas Delay Chessy/Southwestern Merger, Request More Info”

  • American Energy Partners Inc. | Belmont County | Energy Companies | Industrywide Issues | Ohio | Soil | Wastewater

    Austin Master Frack Waste has Until Apr 17 to Regain Compliance

    April 8, 2024April 8, 2024

    Martins Ferry (OH) Mayor John Davies continues to make noise about the currently shuttered Austin Master Services (AMS) frack waste processing facility in his city. Two weeks ago, Ohio Attorney General Dave Yost took legal action seeking to force AMS to correct “egregious violations of Ohio law” regarding the storage of oil and gas waste that he says threatens the Ohio River and Martins Ferry’s drinking water supply (see Ohio AG Sues Austin Master Services for Unsafe Storage of Wastewater). Media accounts report that AMS has stored at least 10,000 tons of fracking waste (drill cuttings) at the Martins Ferry facility. It’s rated to hold 600 tons.
    Read More “Austin Master Frack Waste has Until Apr 17 to Regain Compliance”

  • Pennsylvania | Statewide PA

    PA Shale Permits in 2024 Trending Down 45% from 2023

    April 8, 2024April 8, 2024

    In reviewing the Pennsylvania Dept. of Environmental Protection (DEP) Oil and Gas Workload Report for the week ending March 29, David Hess from the PA Environment Digest Blog discovered there is currently only one new shale permit under review for approval by the department. That is really low. Hess also discovered so far this year PA has received just 95 applications for new shale permits. At that rate, the state will only issue around 380 new permits in 2024 — the lowest since the modern shale era began.
    Read More “PA Shale Permits in 2024 Trending Down 45% from 2023”

  • Industrywide Issues | Pennsylvania | Public Opinion | Statewide PA

    PA Fracking Industry has Opportunity to Defeat Biden in 2024

    April 8, 2024April 8, 2024

    This year’s presidential election may well turn on the results in the “swing state” of Pennsylvania. The Wall Street Journal has an intriguing story that looks at PA voters, who they support for president, and why. In the article ‘Now They’re Voting Red’: A Pennsylvania Fracking Boom Weighs on Biden’s Re-Election Chances, the WSJ says a slim majority of voters give Donald Trump a 3-point lead over Joementia if the election were held today. (How ANYONE could vote for Biden is a complete mystery to us.) “Economic churn” and Biden’s actions like his infamous LNG pause are pushing voters toward Trump in the Pittsburgh area, potentially overwhelming the Democrats’ base of college-educated workers. Could it be that pro-frackers in PA will hand the White House back to DJT?
    Read More “PA Fracking Industry has Opportunity to Defeat Biden in 2024”

  • Anti-Drilling/Fossil Fuel | Bucks County | Industrywide Issues | Litigation | Pennsylvania

    Bucks County RINO Gets Cold Feet, Won’t Support Climate Lawsuit

    April 8, 2024April 8, 2024
    RINO Gene DiGirolamo

    A few weeks ago, we reported that two Democrats and one anti-drilling RINO who run Bucks County government (a Philadelphia suburb) fell for the bait by Big Green and filed a lawsuit against Big Oil companies for supposedly, knowingly, causing the Earth to toast to a cinder (see Bucks County, PA, Sues Big Oil for Causing “Climate Change”). The lawsuit seemingly came out of nowhere. It was hatched secretly by green groups, including the Center for Climate Integrity (CCI) – a Rockefeller-funded D.C. activist group. There were no public meetings. No public input. No public announcements. It was completely hush-hush, with a total media blackout until the lawsuit was filed. Here we are two weeks later, and the RINO, Gene DiGirolamo, has gotten cold feet and says he no longer supports the lawsuit. Now that the horse has left the barn…
    Read More “Bucks County RINO Gets Cold Feet, Won’t Support Climate Lawsuit”

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