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

    Antis Still Fuming Over Mass. Town Installing 1-Mile Gas Pipeline

    August 17, 2023August 17, 2023

    Three weeks ago, MDN told you about the small community of Douglas, Massachusetts, that had outsmarted Big Green by getting Eversource to build a one-mile pipeline extension into Douglas to feed a mammoth new warehouse project (see Massachusetts Town Quietly Installs Gas Pipeline, Antis Livid). The radicals are still hopping mad that they had no knowledge, no chance to gin up public opposition before the pipeline was built. A new article interviewing said radicals implies Douglas officials and Eversource tried to suppress public knowledge of the project. Eversource says that’s (our words) horse manure.
    Read More “Antis Still Fuming Over Mass. Town Installing 1-Mile Gas Pipeline”

  • Anti-Drilling/Fossil Fuel | Energy Services | Equitrans/EQT Midstream | Industrywide Issues | North Carolina | Pipelines

    28 U.S. House Democrats Ask FERC to Reject MVP Southgate Project

    August 17, 2023August 17, 2023

    A group of 28 House Democrats asked the Federal Energy Regulatory Commission (FERC) to deny a request from the developers of the Mountain Valley Pipeline (MVP) to extend the project 75 miles into North Carolina, called MVP Southgate, arguing in a letter this week that Southgate’s construction would pose serious climate and environmental risks to affected states. Typical. Why do so many Democrats irrationally hate fossil energy?
    Read More “28 U.S. House Democrats Ask FERC to Reject MVP Southgate Project”

  • Best of the Rest

    Other Stories of Interest: Thu, Aug 17, 2023

    August 17, 2023August 17, 2023

    NATIONAL: Reality is hitting Europe’s net zero plans but Biden plows ahead; One year later, IRA implementation remains a mess; Few U.S. workers leaving carbon-intensive jobs move to green ones; INTERNATIONAL: Saudis have no good reason to drive oil up to $100; BofA Global Research reveals latest oil price forecasts.
    Read More “Other Stories of Interest: Thu, Aug 17, 2023”

  • Anti-Drilling/Fossil Fuel | Health Impacts | Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Research | Statewide PA

    Pitt Releases Fake Research, Claims PA Fracking Linked to Kid Cancer

    August 16, 2023September 11, 2023

    We now have the perfect example of how the government corrupts science. In 2020, Pennsylvania’s then-Gov. Tom Wolf gave $2.5 million (via his Dept. of Health) to the University of Pittsburgh (Pitt) with instructions to research whether or not a single cause, shale drilling, is linked to a small cluster of rare childhood cancers in southwestern PA (see Pitt Researchers Get $2.5M for Fake Study to Link Shale & Kid Cancer). As we said from the beginning, that’s not real science. Real science does not focus on a single cause. Pitt’s remit was to FIND a link, no matter what, and they received millions to do so. Guess what? They found a link. Isn’t that a coincidence?
    Read More “Pitt Releases Fake Research, Claims PA Fracking Linked to Kid Cancer”

  • Anti-Drilling/Fossil Fuel | Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Litigation | Pipelines | Statewide VA | Virginia

    Final Lawsuit Against MVP Holds on by a Thread in DC Circuit

    August 16, 2023August 16, 2023

    In April, the U.S. Supreme Court breathed new life into a long-running lawsuit funded by Big Green groups using (abusing) a small group of uppity Virginia landowners who argue the Federal Energy Regulatory Commission (FERC) had no right to delegate authority to Mountain Valley Pipeline (MVP) to use eminent domain to cross land, including the land owned by the small group of uppity landowners in Virginia (see US Supreme Court Keeps MVP Eminent Domain Case Alive in Lower Court). The aim of the lawsuit is to prevent any private company from using eminent domain ever again to build public infrastructure. That lawsuit still hangs on by a thread in the U.S. Court of Appeals for the District of Columbia (D.C. Circuit). It is the last remaining lawsuit that could spell trouble for MVP and all pipelines.
    Read More “Final Lawsuit Against MVP Holds on by a Thread in DC Circuit”

  • Industrywide Issues | Lease & Royalty Payments | M&A

    PHX Minerals Says WhiteHawk Marriage Proposal “Grossly Inadequate”

    August 16, 2023August 16, 2023

    Last week MDN told you that 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, had proposed marriage to PHX Minerals, based in Fort Worth, Texas, owner of 75,000 leased mineral acres principally located in the SCOOP and Haynesville plays (see WhiteHawk Energy Proposes Forced Merger with PHX Minerals, Inc.). WhiteHawk’s original overtures went unanswered, so it issued a very public proclamation of its intent to get PHX down the aisle, willingly or not. PHX answered yesterday–with a very public “get lost” message.
    Read More “PHX Minerals Says WhiteHawk Marriage Proposal “Grossly Inadequate””

  • Ascent Resources | Chesapeake Energy | Crude Oil | Encino Energy | Energy Companies | EOG Resources | Industrywide Issues | Ohio | Statewide OH

    Aubrey McClendon’s Dream of Oil in Ohio Utica Turns into Reality

    August 16, 2023August 16, 2023

    Folks new to the Marcellus/Utica may not know this, but Chesapeake Energy’s then-CEO Aubrey McClendon first “discovered” the Ohio Utica about 15 years ago. Under McClendon, Chesapeake spent over $2 billion acquiring rights to drill 1.3 million acres in Ohio–or roughly 5% of the state’s land area. McClendon pegged the value of the Utica for Ohio at half a trillion dollars. He famously said the Ohio Utica is “the biggest thing economically to hit Ohio, since maybe the plow.” McClendon was tossed out of the company he founded by corporate raider Carl Icahn, so he started a new company (to target the Ohio Utica) that eventually became Ascent Resources. Tragically, McClendon died in March 2016, so he never got to see his dream turn into reality (see Stunned: Former Chesapeake CEO Aubrey McClendon Dies in Car Crash). McClendon’s dream has now become reality. His original assets are now owned by several companies, including Ascent, Encino Energy, and EOG Resources. These companies are having major success with producing oil from the Ohio Utica in the northern part of the play.
    Read More “Aubrey McClendon’s Dream of Oil in Ohio Utica Turns into Reality”

  • Hydrogen | Industrywide Issues | Regulation | Taxation

    Inflation Reduction Act’s Provisions for Clean Hydrogen a Failure

    August 16, 2023August 16, 2023

    We have U.S. Senator Joe Manchin (lib Dem from WV) to thank for passing the so-called Inflation Reduction Act (IRA) one year ago (see Tragedy: Joe Manchin Caves & Agrees to Big Green Build Back Better). The IRA is a huge pork barrel of government spending on so-called green energy schemes. (The IRA also targets fossil fuels by implementing a methane tax.) The IRA authorized a tax credit for hydrogen producers, hoping to spur this country’s new “clean” hydrogen industry. But of the 115 hydrogen projects announced since Joe Biden seized power, only 11 projects have found financial backers. In other words, the IRA tax credit for hydrogen is a failure, and the hydrogen industry is saying so openly and loudly.
    Read More “Inflation Reduction Act’s Provisions for Clean Hydrogen a Failure”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Litigation

    Brainwashed Kids Win Montana Case to Shut Down New O&G Drilling

    August 16, 2023August 16, 2023

    And so the end-game, the true insanity, begins. A group of brainwashed children (who are being mentally abused and used by adults, in our humble opinion) won a court case in Montana this week that says Montana state agencies are violating their constitutional right to a clean and healthful environment by allowing fossil fuel development. Yup. No more fossil fuel development in Big Sky Country unless you first obsequiously bow down and worship the GOD of Climate Change first, and pinky-swear promise you won’t emit any carbon dioxide or methane if you drill an oil or gas well. The decision came from an idiot judge who made his ruling while exhaling CO2 (violating his own edict). The judge finds that CO2 is evil. It’s burning up the earth. The new religion of Climate Change was just instituted by judicial fiat for all of Montana. (This would all be hilarious if not so tragic.)
    Read More “Brainwashed Kids Win Montana Case to Shut Down New O&G Drilling”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    The Left Begins to Walk Back Talk of Global Warming Armageddon

    August 16, 2023August 16, 2023

    No wonder our children are spaced out on anti-anxiety meds like Zoloft, Prozac, Paxil, and Ativan. They are force-fed (brainwashed) with global warming hysteria in schools all day long. The media convinces their unthinking parents to believe the lie too. The narrative in schools and on the airways says if we don’t stop producing so much carbon dioxide (and fugitive methane) right now, TODAY, we’re all history. Mankind will kill itself in about 20 years by making the Earth unlivable. If you drive a gasoline car or use natural gas for heat and cooking, you’re killing Mom Earth. Many people who believe the lie have given up hope that there is a future. “Eat, drink, and be merry, for tomorrow we die.” That’s the very old-but-made-new-again philosophy. Predictably, many are becoming unhinged, and some are even violent. Leftists are now concerned that maybe they’ve gone a bit too far with all of this “end of the world” stuff, and they’re beginning to walk it back.
    Read More “The Left Begins to Walk Back Talk of Global Warming Armageddon”

  • Best of the Rest

    Other Stories of Interest: Wed, Aug 16, 2023

    August 16, 2023August 16, 2023

    OTHER U.S. REGIONS: California will let three gas plants keep running; NATIONAL: Shale wells are losing oil output faster than expected; INTERNATIONAL: China adds world’s biggest energy sector to anti-spy push; India plans to keep adding coal power capacity as demand surges.
    Read More “Other Stories of Interest: Wed, Aug 16, 2023”

  • Chesapeake Energy | Energy Companies

    Chesapeake Sells Remaining Eagle Ford Assets to SilverBow for $700M

    August 15, 2023August 15, 2023

    Chesapeake Energy has cut a deal to sell the third and final portion of its remaining Eagle Ford assets to SilverBow Resources for $700 million. The deal includes approximately 42,000 net acres and approximately 540 wells in the condensate-rich portion of Chessy’s Eagle Ford asset located in Dimmit and Webb counties (in Texas), along with related property, plant, and equipment. In 2018 Chesapeake, under the direction of then-CEO Doug Lawler, purchased 420,000 net acres in the Eagle Ford shale and Austin Chalk formations in Texas from WildHorse Resource Development Corp for $4 billion (see Chesapeake Now Gone from Ohio Utica; Spends $4B in Eagle Ford). The company grew its Eagle Ford assets with more purchases and eventually ended up with 610,000 acres. It took more than eight months, but Chessy has now unloaded all of those assets for a combined total of $3.5 billion. Losing only half a billion to unload the assets isn’t so bad.
    Read More “Chesapeake Sells Remaining Eagle Ford Assets to SilverBow for $700M”

  • Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Pipelines | Regulation | Statewide VA | Statewide WV | Virginia | West Virginia

    PHMSA Orders Safety Inspections of Buried & Unburied MVP Pipe

    August 15, 2023August 15, 2023

    Yesterday we told you the liars of the left are doing their best to sew disinformation and fear about Mountain Valley Pipeline (MVP) and the installation of the remaining 6% of the pipeline that’s not already in the ground (see MVP Antis Spread Lies About Pipes Sitting in the Sun Too Long). The fearmongering has had the desired effect. The Biden Pipeline and Hazardous Materials Safety Administration (PHMSA) issued orders to Equitrans Midstream, the builder of MVP, to undertake a series of safety inspections along the entire 303-mile project. The inspections include some segments already in the ground and pipeline segments stored aboveground.
    Read More “PHMSA Orders Safety Inspections of Buried & Unburied MVP Pipe”

  • Industrywide Issues | Research

    EIA Aug DPR: Shale Gas Production to Drop Second Month in Row

    August 15, 2023August 15, 2023

    The latest monthly U.S. Energy Information Administration (EIA) Drilling Productivity Report (DPR) for August issued yesterday (below) shows the EIA believes shale gas production across the seven major plays tracked in the monthly DPR for September will *decrease* production from the prior month of August. This is the second month in a row EIA predicts shale gas production will decrease for the combined seven plays. EIA says combined natgas production will slide by 147 MMcf/d (million cubic feet per day). The Marcellus/Utica, called “Appalachia” in the report, is predicted to slump by 22 MMcf/d in September compared with August.
    Read More “EIA Aug DPR: Shale Gas Production to Drop Second Month in Row”

  • Electrical Generation | Energy Services | Industrywide Issues | Montour County | Pennsylvania | Talen Energy

    Talen Energy’s Montour, PA Coal to Gas Power Conversion Nearly Done

    August 15, 2023August 15, 2023

    In November of 2020, MDN told you about a deal Talen Energy cut with the odious Sierra Club, signing a pledge to convert several coal-fired power plants to use natural gas in both Maryland and Pennsylvania (see Talen Energy Dumping Coal, Converting Elec Plants to Gas in PA, MD). The Clubbers promised to stop suing Talen in return for converting the plants from coal to gas. In February 2022, we told you that Talen had made a little bit of progress with converting its Washingtonville (Montour County), PA plant by clearing a path for a new gas pipeline (see Talen Energy Works on Converting Montour, PA Power from Coal to Gas). We had not heard anything further–until now. Yesterday Talen issued its quarterly update and mentioned that the 1.5 GW Montour coal-to-gas conversion is nearly complete!
    Read More “Talen Energy’s Montour, PA Coal to Gas Power Conversion Nearly Done”

  • Energy Companies | Energy Corporation of America

    ECA Marcellus Trust I Gives Investors No Dividends in 2Q23

    August 15, 2023August 15, 2023

    ECA Marcellus Trust I, the royalty interest holder in some of the wells drilled and maintained by Greylock Energy in Greene County, PA, announced it would issue no payout to unitholders for 2Q23. The company paid out 4.3 cents per unit in 1Q23; 12.4 cents per unit in 4Q22; and 18 cents per unit in 3Q22. The company continues to hold back some profits ($90,000 in 2Q23) to build a cash reserve for “future known, anticipated or contingent expenses or liabilities.” Consequently, ECA will not pay anything to unitholders for 2Q.
    Read More “ECA Marcellus Trust I Gives Investors No Dividends in 2Q23”

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