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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pennsylvania | Philadephia

    Amtrak Caves to Radicals, Won’t Install Gas Boilers in Philly Stn

    November 17, 2023November 17, 2023

    Ever ridden on an Amtrak train? We have, a number of times. Including the route from New York to Philadelphia, pulling into the 30th Street Station in downtown Philly. Amtrak, the national passenger railroad company of the United States operating in 46 of the 48 contiguous U.S. states and three Canadian provinces, is openly admitting that a few anti-fossil fuel zealots cowed it into dropping plans to use natural gas boilers in much-needed upgrades at Philly’s 30th Street Station. A few loudmouths convinced the mighty Amtrak to change course.
    Read More “Amtrak Caves to Radicals, Won’t Install Gas Boilers in Philly Stn”

  • Bradford County | Chesapeake Energy | Columbiana County | Coterra Energy (Cabot O&G) | Energy Companies | Gulfport Energy | Harrison County | Hilcorp Energy | Monroe County | Ohio | Pennsylvania | Southwestern Energy | Susquehanna County | Weekly Permits

    22 New Shale Well Permits Issued for PA-OH-WV Nov 6 – 12

    November 17, 2023November 17, 2023

    New shale permits issued for Nov 6 – 12 in the Marcellus/Utica slipped but still turned in a respectable number. There were 22 new permits issued last week, versus 37 issued the week before. Last week’s permit tally included 6 new permits in Pennsylvania, 16 new permits in Ohio, and no new permits in West Virginia. Hilcorp Energy was the winner of most permits issued, with 12 new permits issued for a single well pad in Columbiana County, OH.
    Read More “22 New Shale Well Permits Issued for PA-OH-WV Nov 6 – 12”

  • Best of the Rest

    Other Stories of Interest: Fri, Nov 17, 2023

    November 17, 2023November 17, 2023

    NATIONAL: DOE grants $444 million for carbon dioxide storage projects; Energy realities at the nexus of techno-optimism; Oil industry losing talent to big tech, bad reputation; Dark money group wired millions to law firm suing Big Oil; INTERNATIONAL: This winter could usher in a storm for LNG markets; European underground storage starts to see net withdrawal; Sask. introduces law to stop collecting carbon tax on natgas.
    Read More “Other Stories of Interest: Fri, Nov 17, 2023”

  • Anti-Drilling/Fossil Fuel | Carroll County | Columbiana County | Guernsey County | Industrywide Issues | Ohio | Regulation | Statewide OH

    OGLMC Votes to Allow Fracking Under Ohio’s Salt Fork State Park

    November 16, 2023November 16, 2023

    Yesterday, the Ohio Oil & Gas Land Management Commission (OGLMC) met in a public forum and voted to allow shale drilling under (not on top of) three different state-owned tracts of land: all 20,000 acres of Salt Fork State Park in Guernsey County, more than 300 acres of Valley Run Wildlife Area in Carroll County, and 66 acres of the Zepernick Wildlife Area in Columbiana County. In addition, commissioners voted against shale drilling under Wolf Run State Park. Approximately 100 anti-fossil fuel zealots were on hand at the meeting and nearly made the votes impossible with their prancing, chanting, and singing. They made horses rear ends of themselves by making the meeting miserable for everyone else.
    Read More “OGLMC Votes to Allow Fracking Under Ohio’s Salt Fork State Park”

  • Greene County (PA) | Industrywide Issues | Lease & Royalty Payments | M&A | Pennsylvania | Washington County

    WhiteHawk Energy Spends $54M to Grow M-U Mineral & Royalty Assets

    November 16, 2023November 16, 2023

    WhiteHawk Energy, headquartered in Philadelphia with ownership of mineral and royalty interests for 850,000 gross unit acres and over 2,500 producing horizontal shale wells between the Marcellus and the Haynesville, announced yesterday the acquisition of additional Marcellus Shale natural gas mineral and royalty assets for a total purchase price of $54 million. WhiteHawk owns mineral and royalty rights across nearly half a million M-U acres. The deal does not increase WhiteHawk’s total acreage but does increase the company’s percentage of ownership across that acreage.
    Read More “WhiteHawk Energy Spends $54M to Grow M-U Mineral & Royalty Assets”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pennsylvania | Research | Statewide PA

    Shapiro’s Dept. of Health Using Pitt Fake Research to Bash Fracking

    November 16, 2023November 16, 2023

    It’s sad to see a major university like the University of Pittsburgh (Pitt) publish fake research to fit a political narrative that fracking can be tied to cancer in kids (see Pitt Releases Fake Research, Claims PA Fracking Linked to Kid Cancer). It’s angering that Gov. Josh Shapiro’s Dept. of Health is using Pitt’s fake research to goad local governments to resist new fracking, as happened on Tuesday at a bash-shale-drilling event hosted by the League of [Liberal Democrat] Women Voters.
    Read More “Shapiro’s Dept. of Health Using Pitt Fake Research to Bash Fracking”

  • Electrical Generation | Industrywide Issues | Pennsylvania | Statewide PA | Taxation

    RGGI Carbon Tax Price Hits Near-Record-High of $13.85 Per Ton CO2

    November 16, 2023November 16, 2023

    In 2019, when then-Pennsylvania Gov. Tom Wolf announced he would unilaterally force the state to join the Regional Greenhouse Gas Initiative (RGGI), a carbon tax scheme aimed at forcing coal- and gas-fired plants out of business, he claimed the tax would only amount to a few dollars per short ton of CO2 (see Gov. Wolf Goes Bonkers: EO Destroying Gas-Fired Elec, Carbon Tax). That lie was exposed early on when, in March 2021, the price per short ton for CO2 under RGGI soared to $7.60 (see RGGI Carbon Tax Hits All-Time High – Gas-Fired Plants Close). The most recent quarterly auction saw the price come within 5 cents of its all-time high: $13.85 per short ton!
    Read More “RGGI Carbon Tax Price Hits Near-Record-High of $13.85 Per Ton CO2”

  • Electrical Generation | Industrywide Issues

    NET Power Delays World’s 1st NatGas Plant with Zero Emissions

    November 16, 2023November 16, 2023

    Last December, 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). The Rice deal to buy NET Power closed in early June, with Danny Rice (former CEO of Rice Energy) becoming the new CEO of NET Power (see NET Power Completes $1.5B Merger with Rice Acquisition Corp.). On Tuesday, NET Power issued its second quarterly update (for the third quarter of 2023) since becoming a publicly traded company. The news was not exactly bad, but neither was it good.
    Read More “NET Power Delays World’s 1st NatGas Plant with Zero Emissions”

  • ESG | Industrywide Issues

    S&P Global Re-Wokeifies? Offers Gas Carbon Intensity Measures

    November 16, 2023November 16, 2023

    In August, MDN brought you the good news that the S&P (Standard & Poor’s) credit rating agency, called S&P Global Rating (the largest of the Big Three credit-rating agencies), had dumped its system of numerically ranking corporate borrowers on their ESG risk on a scale of 1 to 5 — just two years after implementing it (see S&P Global De-Wokeifies – Dumps ESG Scores from Credit Ratings). S&P said the company would rather include information about a company’s ESG (environment, social, governance) efforts in its analytical discussion section and not with a simple numerical value. Smart move. But what’s this? Is S&P “re-wokifying” once again? S&P Global Commodity Insights, another division at S&P, announced yesterday it is launching “carbon intensity measures and associated carbon-accounted price assessments” for eight key North American natural gas trading hubs. One of them is in the Marcellus/Utica.
    Read More “S&P Global Re-Wokeifies? Offers Gas Carbon Intensity Measures”

  • ESG | Industrywide Issues

    JPMorgan Signals It Will Stop Funding Certain O&G Projects

    November 16, 2023November 16, 2023
    Kabuki theater

    Supposedly JPMorgan Chase remains the world’s #1 largest funder of fossil fuels since the so-called Paris Agreement was adopted by 196 of the world’s countries in December 2015. The Paris Agreement calls on governments to use force to ensure the global average temperature (that nobody seems to be able to pinpoint accurately) doesn’t rise more than 1.5 degrees Celsius by 2050. It’s a sham agreement aimed at getting average citizens to give up their freedom in the name of saving the planet. Total B.S. But…back to JPMorgan Chase, which has just published a report called “The Methane Emissions Opportunity” (full copy below). In the report, JPMorgan says any company they finance in the future must adhere to Scope 1 and 2 emissions to be so-called net zero. Or they won’t invest in or finance you.
    Read More “JPMorgan Signals It Will Stop Funding Certain O&G Projects”

  • Best of the Rest

    Other Stories of Interest: Thu, Nov 16, 2023

    November 16, 2023November 16, 2023

    INTERNATIONAL: LNG buyers in Asia look to resell supply; Cameron LNG expansion FID and LNG Canada startup in 2024.
    Read More “Other Stories of Interest: Thu, Nov 16, 2023”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    Shapiro’s DEP Money-Back Guarantee for Permit Delays is Bogus

    November 15, 2023November 15, 2023

    Two weeks ago, Pennsylvania Gov. Josh Shapiro (liberal Democrat) launched, with much fanfare, PAyback.pa.gov, a new online money-back guarantee system that allows residents, businesses, charities, and schools to check their eligibility for a refund of their permit, license, or certification application fee and request a refund if they believe they are eligible. Shapiro promised individuals and businesses a money-back guarantee if the permits they applied for were not issued within the statutory time limits they were supposed to meet. We were hopeful that shale drillers would now have recourse to nudge the Dept. of Environmental Protection (DEP) into doing its job on time. Except it’s all a sham. It’s bogus.
    Read More “Shapiro’s DEP Money-Back Guarantee for Permit Delays is Bogus”

  • Economic Impact | Industrywide Issues | Jobs | Ohio | Research | Statewide OH

    Muskingum Watershed Generated $1B in Econ Impact from Utica Drilling

    November 15, 2023November 15, 2023

    For more than a decade, MDN has brought you stories about shale development on and under land controlled by the Muskingum Watershed Conservancy District (MWCD), an agency formed in 1933 to help control flooding and promote water conservation in the Muskingum River watershed area of Ohio, an area that covers 8,000 square miles (see our Muskingum Watershed stories here). Over the years, MWCD has leased tens of thousands of acres for Utica Shale drilling and cut deals to sell water to drillers for fracking. According to a new study from Cleveland State University, the MWCD’s aggressive leasing for Utica drilling has brought more than $1 billion in economic stimulus to the region. And not one penny is government (your) money! It’s all private money being injected into the Buckeye State.
    Read More “Muskingum Watershed Generated $1B in Econ Impact from Utica Drilling”

  • Anti-Drilling/Fossil Fuel | Enbridge | Energy Services | Industrywide Issues | New York | Pipelines | Statewide NY | Westchester County

    Big Green’s Small Protest Against Enbridge Project Maple in New York

    November 15, 2023November 15, 2023
    This map shows where Enbridge plans to expand gas pipeline capacity on the Algonquin pipeline. (click for larger version)

    The Algonquin Gas Transmission pipeline (owned by Enbridge) transports up to 3.09 Bcf/d through 1,131 miles of pipeline. Algonquin connects to Texas Eastern Transmission (TETCO), Millennium Pipeline, and Maritimes & Northeast Pipeline and supplies New England with critically needed natural gas supplies for power generation and consumer use. As we told you in September, Enbridge is currently conducting an open season to gauge interest in expanding Algonquin’s capacity to flow more gas into New England — mainly from the Marcellus/Utica — called Project Maple (see Enbridge Open Season to Expand Algonquin Pipe in New England). Yesterday a small group of global warming nutters rallied outside the now-shuttered Indian Point nuclear plant in Buchanan to protest Project Maple.
    Read More “Big Green’s Small Protest Against Enbridge Project Maple in New York”

  • Electrical Generation | Industrywide Issues | Research

    EIA Echoes NERC, FERC in Warning of Short Gas Supplies This Winter

    November 15, 2023November 15, 2023

    Yesterday, MDN brought you the news that the North American Electric Reliability Corp. (NERC) is sounding the alarm that more than half of the U.S. and parts of Canada, home to around 180 million people, could fall short of electricity during extreme cold again this winter (see NERC: Half of U.S. Faces Elec Blackouts This Winter – Lack of NatGas). FERC is also chiming in with a warning about potential blackouts. Why? Lack of natural gas pipelines to help feed gas-fired power plants.
    Read More “EIA Echoes NERC, FERC in Warning of Short Gas Supplies This Winter”

  • CNG/LNG | Exporting | Industrywide Issues | Litigation

    5th Circuit Pulls Air Permit for Under-Construction Port Arthur LNG

    November 15, 2023November 15, 2023

    Earlier this year, Sempra Infrastructure, a subsidiary of Sempra, announced it had reached a positive final investment decision (FID) for the development, construction, and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas (see Port Arthur LNG Pulls Trigger on FID, Tells Builder to Start Work). Sempra worked out all of the remaining financial aspects of the deal, including the sale of a non-controlling piece of the project to investment firm KKR and forming a joint venture with ConocoPhillips (see Sempra Sells 42% of $13B Port Arthur LNG Phase 1 to KKR). A key permit for the project, an air permit issued by Texas, was overturned yesterday by a federal appeals court.
    Read More “5th Circuit Pulls Air Permit for Under-Construction Port Arthur LNG”

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