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Marcellus Drilling News
  • Alternative Energy | Anti-Drilling/Fossil Fuel | Hydraulic Fracturing | Industrywide Issues

    Eversource Drilling 90 Boreholes in Mass. – Pollute Groundwater?

    August 11, 2023August 11, 2023

    We guarantee that if an oil and gas company announced it was in the process of drilling 90 boreholes 700 feet deep (through the groundwater table) to extract oil and gas in the bastion of liberalism known as Massachusetts, the leftist mainstream media would have a stroke. There would be protests. There would be nutballs gluing themselves together in plastic PVC pipe in front of the drilling rigs to prevent drilling. The news would make the front page of the Boston Globe, the New York Times, the Washington Post, and the LA Times. But if the same company drills 90 boreholes 700 feet deep and calls it “geothermal” … nothing. Not a peep from anyone. Even though geothermal pipes that run through the water table pump something far more dangerous than drilling mud. Bentonite (drilling mud) is the same stuff used in kitty litter and toothpaste. It’s completely non-toxic and safe if it leaks. On the other hand, geothermal systems pump antifreeze through pipes. Eversource, the largest utility company in Massachusetts, announced yesterday it is drilling 90 boreholes in Framingham, MA, and will pump dangerous antifreeze through it to heat local homes, businesses, and a community college. Where is the outrage?
    Read More “Eversource Drilling 90 Boreholes in Mass. – Pollute Groundwater?”

  • Ascent Resources | Columbiana County | Coterra Energy (Cabot O&G) | Encino Energy | Energy Companies | Guernsey County | Harrison County | Hilcorp Energy | Ohio | Pennsylvania | Repsol | Susquehanna County | Tuscarawas County | Weekly Permits

    18 New Shale Well Permits Issued for PA-OH-WV Jul 31 – Aug 6

    August 11, 2023August 11, 2023

    New shale permits issued for Jul 31 – Aug 6 in the Marcellus/Utica were down a lot from the previous week. There were 14 new permits issued last week, down more than half from the 29 issued the previous week. Last week’s permit tally included just 4 new permits in Pennsylvania (very low), 14 new permits in Ohio, and no new permits in West Virginia (for the second week in a row). The top permittee for the week was Encino Energy, receiving 8 permits spread evenly between Harrison and Tuscarawas counties in Ohio.
    Read More “18 New Shale Well Permits Issued for PA-OH-WV Jul 31 – Aug 6”

  • Best of the Rest

    Other Stories of Interest: Fri, Aug 11, 2023

    August 11, 2023August 11, 2023

    MARCELLUS/UTICA REGION: Manchin ‘thinking seriously’ about leaving Democratic Party; NATIONAL: Hydrogen’s colors hog the spotlight; INTERNATIONAL: OPEC data suggest 2 million barrel per day oil supply deficit; European gas declines as market cools after fears of LNG strikes.
    Read More “Other Stories of Interest: Fri, Aug 11, 2023”

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

    PA Dept. of Health to Release $2.5M Study on Shale & Kid Cancer

    August 10, 2023August 10, 2023

    In December 2020, then-Gov. Tom Wolf announced a $2.5 million contract had been awarded to the University of Pittsburgh (Pitt) Graduate School of Public Health to “conduct research on the potential health effects of hydraulic fracturing in Pennsylvania” (see Pitt Researchers Get $2.5M for Fake Study to Link Shale & Kid Cancer). As we have pointed out from the beginning, to study a single potential cause for cancer (fracking) and not any other causes (like a nearby abandoned uranium dump) is not real science. Next Tuesday, August 15, the Pennsylvania Dept. of Health and Pitt researchers will unveil their “research” in an in-person and online extravaganza.
    Read More “PA Dept. of Health to Release $2.5M Study on Shale & Kid Cancer”

  • Anti-Drilling/Fossil Fuel | Dominion Energy | Electrical Generation | Energy Services | Industrywide Issues | Virginia

    Big Green Grifter McKibben Joins Fight Against Va. Gas-Fired Plant

    August 10, 2023August 10, 2023
    Bill McKibben, 350.org

    Dominion Energy, a huge utility company and power generator headquartered in Virginia, recently dusted off its plan to build the Chesterfield Energy Reliability Center in the James River Industrial Center (see Dominion Plans to Build 1,000-MW Gas Peaker Plant Near Richmond, VA). The project includes building four 250-megawatt gas-fired power plants (1,000 MW total) that can jump into action during the coldest and hottest days of the year to help supply enough electricity for 250,000 homes on days when the sun doesn’t shine, and the wind doesn’t blow. A small group of antis (mostly from Big Green groups) recently gathered outside an elementary school to oppose the plan (see Small Group of Antis Oppose Dominion Chesterfield Peaker Plant). Their efforts to focus attention on the project failed, so they’ve called in “the big guns”–namely Bill McKibben, head of the radicalized 350.org.
    Read More “Big Green Grifter McKibben Joins Fight Against Va. Gas-Fired Plant”

  • Clay County | Cunningham Energy | Energy Companies | Industrywide Issues | M&A | West Virginia

    Houston Natural Resources Corp. Buys WV’s Cunningham Energy LLC

    August 10, 2023August 10, 2023

    In 2015 Cunningham Energy, a small oil driller based in West Virginia, struck oil in the Big Injun sandstone formation in Clay County, WV (see Cunningham Strikes Oil in West Virginia’s Big Injun Territory). In 2017 the company reported producing 20,000 barrels of oil from two new shallow horizontal oil wells in Clay County, targeting the Big Injun (see Cunningham Energy Strikes More Oil in WV). Cunningham drilled two more wells on the same pad, the Lions Paw pad in 2019 (see Cunningham’s WV Lions Paw Pad Roars, Produces 100K Bbl of Oil). Since then, we haven’t heard or read any more news about Cunningham. The company is back in the news in a big way: Houston Natural Resources Corp (HNRC) has completed a 100% interest in Cunningham. That is, Cunningham was bought out by HNRC.
    Read More “Houston Natural Resources Corp. Buys WV’s Cunningham Energy LLC”

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

    WhiteHawk Energy Proposes Forced Merger with PHX Minerals, Inc.

    August 10, 2023August 10, 2023

    At the end of May, 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, sent a letter to the board and management of PHX Minerals, based in Fort Worth, Texas, owner of 75,000 leased mineral acres principally located in the SCOOP and Haynesville plays. The letter proposes marriage–a combination of the two companies. WhiteHawk received no response and tried again about three weeks later. Still nothing. So WhiteHawk has gone public to catch the attention of PHX shareholders, hoping to convince them to pressure PHX’s board–the M&A equivalent of a shotgun wedding.
    Read More “WhiteHawk Energy Proposes Forced Merger with PHX Minerals, Inc.”

  • Commodity Price | Industrywide Issues

    HH Gas Price Finally Flirts with $3 Again; Is the Trend Our Friend?

    August 10, 2023August 10, 2023

    Yesterday MDN editor Jim Willis had a nice chat with a renewing MDN subscriber (a landowner with wells and leases in Ohio). The question arose, “What do you see happening right now?” Jim’s response: “As long as the price of natural gas stays below $3, not much!” Jim made the point that price drives this industry, and ongoing prices in the basement aren’t helping. Can we get an amen? Both Jim and the subscriber agreed that gas prices may be heading higher soon. That conversation seems to have been prescient. Yesterday the front-month Henry Hub NYMEX futures price rocketed to a six-week high, close to $3 (closing at $2.96/Mcf). Are we finally going to go above, and stay above, $3 gas?
    Read More “HH Gas Price Finally Flirts with $3 Again; Is the Trend Our Friend?”

  • Electrical Generation | Industrywide Issues | Regulation | Statewide WV | West Virginia

    EEI, 21 States Unload on Biden EPA re New Gas-Fired Plant Regs

    August 10, 2023August 10, 2023

    In May, the Bidenistas at the Environmental Protection Agency (EPA) released a hellscape of new regulations (681 pages) aimed at forcing coal- and natural gas-fired power plants to close (see New Biden EPA Regs a “Death Sentence” for Fossil-Fuel Power Plants). The editors of the Wall Street Journal called the new EPA regulations “An EPA Death Sentence for Fossil-Fuel Power Plants,” with the subtitle “The Biden agency’s new rule means the end of natural gas-fueled electricity.” Although usually in bed with the government, utility companies, most of them represented by the Edison Electric Institute (EEI) trade organization, filed official comments on Tuesday, objecting to the proposed regulations. Also filing comments against the regs was a coalition of 21 states headed by West Virginia. It seems nobody wants these regulations.
    Read More “EEI, 21 States Unload on Biden EPA re New Gas-Fired Plant Regs”

  • Commodity Price | Crude Oil | Industrywide Issues | Research

    EIA Predicts 2023 & 2024 Record High NatGas Production – Aug STEO

    August 10, 2023August 10, 2023

    Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. The latest monthly report, issued Tuesday, predicts that U.S. natural gas production AND demand will rise to record highs in 2023. EIA projected that dry gas production will rise to 103 billion cubic feet per day (Bcf/d) in 2023 and 104.12 Bcf/d in 2024. The current record high is 98.13 Bcf/d set in 2022.
    Read More “EIA Predicts 2023 & 2024 Record High NatGas Production – Aug STEO”

  • Best of the Rest

    Other Stories of Interest: Thu, Aug 10, 2023

    August 10, 2023August 10, 2023

    OTHER U.S. REGIONS: The future of gas in New Jersey; NATIONAL: Key Republican casts doubt on bipartisan permitting deal; At least 13 projects vie for $1.2B in carbon removal; House Dems urge SEC to set ‘strong and durable’ climate rule; Clean methanol gains momentum as a shipping fuel.
    Read More “Other Stories of Interest: Thu, Aug 10, 2023”

  • Coterra Energy (Cabot O&G) | Energy Companies | Pennsylvania | Susquehanna County

    Coterra Tentatively Plans to Drop $200M/Yr from Marcellus Budget

    August 9, 2023August 9, 2023

    Coterra Energy, formed in 2021 by the merger of Permian oil driller Cimarex Energy and Marcellus gas driller Cabot Oil & Gas, issued its second quarter 2023 update yesterday. The company made far less profit in 2Q23 than it did one year ago, in line with other big Marcellus/Utica drillers. Coterra made $209 million in profit for 2Q23, versus $1.2 billion in 2Q22. Why the drop in profit? The crashing price of natural gas over the past eight months or so. Coterra received an average of $5.54/Mcf (before hedges) for its Marcellus gas in 2Q22, and $1.78/Mcf in 2Q23, a drop of 68%. Ouch. During a conference call with analysts, company management floated a potential plan to free up around $200 million from Marcellus operations in 2024 and reallocate it to other plays (the Permian or the Anadarko) by continuing to run just two rigs and one frac crew in the Marcellus.
    Read More “Coterra Tentatively Plans to Drop $200M/Yr from Marcellus Budget”

  • Industrywide Issues | Pennsylvania | Potter County | Regulation | Wastewater

    PA DEP Extends Deadline to Comment on Potter Injection Well Plan

    August 9, 2023August 9, 2023

    Earlier this year, Roulette Oil & Gas LLC received approval from the federal EPA to build a shale wastewater injection well in Clara Township in Potter County, PA (see EPA Approves Potter County, PA Injection Well, Waiting Now for DEP). On March 31, the Clara Town Board passed an amended version of its 1987 ordinance governing injection wells (see Clara Township Adopts Modified Ordinance Banning Injection Wells). The newly amended ordinance bans all injection wells in the township–something that is (according to our understanding) illegal under Pennsylvania state law. However, before Roulette can begin drilling, the state Dept. of Environmental Protection (DEP) also needs to approve the well. The DEP held a public hearing on July 25 in Coudersport, PA.
    Read More “PA DEP Extends Deadline to Comment on Potter Injection Well Plan”

  • Energy Companies | ESG | Greylock Energy | Industrywide Issues

    Greylock Energy Deploying Aurion to Track & Report GHG Emissions

    August 9, 2023August 9, 2023

    Greylock Energy is headquartered in Charleston, WV, with offices in West Virginia, Pennsylvania, Utah, and Wyoming and operations scattered throughout Appalachia and the Rockies. The company’s assets comprise more than 1.19 million acres, about 6,700 wells, including the operation of 4,000 wells throughout Appalachia (shale and conventional) and 2,600 miles of pipeline. Grelock has contracted with a company called Tachyus (headquartered in Houston, TX) to use its cloud-based greenhouse gas tracking and reporting service called Aurion. The purpose is, of course, to lower Greylock’s carbon and fugitive methane footprint–and to prove that it has lowered it.
    Read More “Greylock Energy Deploying Aurion to Track & Report GHG Emissions”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Regulation | Statewide WV | West Virginia

    Joe Manchin Tries to Smear Lipstick on Inflation Reduction Act Pig

    August 9, 2023August 9, 2023

    One year ago, we reported the sad (and angering) news that U.S. Senator Joe Manchin, a liberal Democrat from West Virginia, had betrayed his WV constituents and the entire country by secretly cutting a deal to vote for Joe Biden’s New Green Deal bill repackaged under the false and misleading name of the Inflation Reduction Act (see Tragedy: Joe Manchin Caves & Agrees to Big Green Build Back Better). Among one of the (many) ways the IRA aims to destroy fossil energy is by assessing a new methane tax (see Joe Manchin’s Green New Deal Cave Slaps O&G with Big Methane Tax). The bill also hands out $7,500 to rich people as an incentive to buy electric cars. Manchin is actually celebrating the IRA this week.
    Read More “Joe Manchin Tries to Smear Lipstick on Inflation Reduction Act Pig”

  • Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues

    PA “Evangelical” Group Supports EPA Plan to Block Gas-Fired Power

    August 9, 2023August 9, 2023

    The left always twists language in its attempt to push its ideology and agenda–even in Christianity. The Pennsylvania-based Evangelical Environmental Network (EEN), during its 15-year history, has supported every far-left environmental regulation proposed by the Democrat Party, and has criticized every conservative, Republican energy plan that allows for fossil energy to flourish in the Keystone State. That’s been our observation. They call themselves “Evangelical,” which is supposed to mean sticking to the teachings of the Gospel of Christ. Somehow they twist the word Evangelical into worshiping the mythology of man-made catastrophic global warming. They claim it is “creation care” to aggressively address global warming using anti-capitalist Marxist political ideology, like supporting the EPA’s plan to phase out all natural gas-fired power plants with new onerous regulations.
    Read More “PA “Evangelical” Group Supports EPA Plan to Block Gas-Fired Power”

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