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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | Beaver County | Energy Companies | Ethane | Industrywide Issues | Pennsylvania | Processing Plants | Shell

    Green Activists Complain to Wrong Agency re Shell Cracker Violations

    June 12, 2023June 12, 2023

    Last Thursday around 30-40 environmental activists (anti-fossil fuelers), along with a handful of local residents, rallied in Beaver, PA, before showing up for the Beaver County Commission regular meeting. The protesters, who want the Shell ethane cracker plant shut down, vented their concerns about the plant to county commissioners. The three county commissioners listened while antis vented for more than an hour (they should receive hazard pay). The problem is, the protesters were in the wrong venue.
    Read More “Green Activists Complain to Wrong Agency re Shell Cracker Violations”

  • Industrywide Issues | Ohio | Pennsylvania | Research | Statewide OH | Statewide PA | Statewide WV | West Virginia

    Baker Hughes Rig Count Down 6th Week in a Row – Indicating a Trend

    June 12, 2023June 12, 2023

    According to Baker Hughes, which has tracked rig counts since 1944, drillers cut the rig count once again last week (overall by a single rig), the sixth week in a row when the rig count has gone down. This is the first time the U.S. oil & gas rig count has gone down six weeks in a row since July 2020–nearly three years ago. Oil rigs rose by one last week to 556. Gas rigs fell two to 135, the lowest since March 2022. According to oil and gas expert David Blackmon (who writes for Forbes), a rig count slumping for six weeks in a row is a trend and cannot be ignored. What about the Marcellus/Utica?
    Read More “Baker Hughes Rig Count Down 6th Week in a Row – Indicating a Trend”

  • CNG/LNG | Delaware County (PA) | Exporting | Industrywide Issues | Pennsylvania | Philadephia

    The World Needs PA Marcellus Gas – Philly Port Could Export It

    June 12, 2023June 12, 2023

    Last June (one year ago), the story broke that Penn LNG, headed by Franc James, a native of Philadelphia, had “quietly lined up support to build a $6.4 billion liquefied natural gas export terminal near Philly.” Not wanting this golden opportunity to die from opposition by radicalized environmentalists, Pennsylvania State Rep. Marina White (Republican from Philadelphia, a true rarity) sponsored House Bill (HB) 2458, which passed and was subsequently signed into law by then-Gov. Tom Wolf (see PA Bill Looks to Convert Port of Philly into LNG Export Terminal). HB 2458 created a task force to study how to establish Philadelphia LNG exports to international markets, particularly exports to Europe. The task force is supposed to deliver its report by November of this year.
    Read More “The World Needs PA Marcellus Gas – Philly Port Could Export It”

  • Hydraulic Fracturing | Industrywide Issues | Ohio | Research | Statewide OH

    Researchers Find Fracking May Impact Smaller Streams in SE Ohio

    June 12, 2023June 12, 2023

    Researchers with Ohio Northern University recently published a study that finds that fracking for Utica Shale sometimes (“episodically”) reduces small Eastern Ohio River basin stream levels. The fluctuations in those stream levels “could” (but not necessarily do) negatively impact aquatic life (ecosystems) in those areas. The situation should, according to the researchers, be confirmed by more studies and monitoring.
    Read More “Researchers Find Fracking May Impact Smaller Streams in SE Ohio”

  • Geothermal | Industrywide Issues | New York | Regulation | Statewide NY

    Energy Discrimination to Become Law in New York with Geothermal Bill

    June 12, 2023January 17, 2024

    We spotted a press release from an energy company that works in New York State called Dandelion Energy. (Interesting to name your company after a weed.) Dandelion is delighted with the leftists who rule in NY and are poised to enact a new law that allows drilling deep wells for geothermal systems (that Dandelion sells), but continues to prohibit drilling virtually the same kind of wells for natural gas. Because, you know, gas is an evil fossil fuel.
    Read More “Energy Discrimination to Become Law in New York with Geothermal Bill”

  • Electrical Generation | Industrywide Issues | Research

    U.S. Electricity Generation Continues to Be Dominated by NatGas

    June 12, 2023June 12, 2023

    Last week the U.S. Energy Information Administration (EIA) shared some information that, strangely, has not been written about by mainstream media. Not a mention, not a peep. EIA found that U.S. electricity generation from natural gas was the highest it has ever been this past winter, 2022-23. U.S. electricity generation from natural gas reached a record-high 619 billion kilowatthours (BkWh) during the most recent winter heating season (November 1-March 31), averaging more than 120 BkWh per month and accounting for 38% of the country’s electricity generation mix.
    Read More “U.S. Electricity Generation Continues to Be Dominated by NatGas”

  • Energy Companies | Shell

    New Shell CEO Reverses Course – More O&G Drilling, Less Renewables

    June 12, 2023June 12, 2023

    Looks like Shell’s new CEO, Wael Sawan, is capable of rational thought, unlike his predecessor, Ben van Beurden. Previous CEO van Beurden had set the company on the suicidal path of reducing oil and gas drilling in favor of investing in renewable energy. It turns out that’s not making any money for the company. So at an investor meeting this week, Sawan is going to unveil a new strategy–back to more drilling for oil and gas and less dithering with renewables, according to Reuters. In addition, super-secret sources whispering to Bloomberg say that Sawan is trying to cut more deals with China and India to sell more LNG. Sawan “sees a long-term role for natural gas in the world’s energy mix” and Shell is going to help meet that need.
    Read More “New Shell CEO Reverses Course – More O&G Drilling, Less Renewables”

  • Best of the Rest

    Other Stories of Interest: Mon, Jun 12, 2023

    June 12, 2023June 12, 2023

    MARCELLUS/UTICA REGION: Senator Yaw comments on Virginia Air Board canceling of RGGI.
    Read More “Other Stories of Interest: Mon, Jun 12, 2023”

  • Electrical Generation | Industrywide Issues | Regulation | Statewide VA | Taxation | Virginia

    Va. Air Board Approves Gov. Youngkin’s Plan to Withdraw from RGGI

    June 9, 2023June 9, 2023

    In 2021 as he was running for the office of Governor in Virginia, Glenn Youngkin pledged if he won, he would remove the state from the onerous carbon tax on coal- and gas-fired power plants called the Regional Greenhouse Gas Initiative (RGGI). True to his word, after winning, Younkin pledged to ax RGGI with an executive order (see VA’s New Republican Gov Pledges to Cancel RGGI Carbon Tax). But then Virginia’s Democrat Attorney General declared Younkin could not just use an executive order to remove the state from RGGI (see Va. Gov. Youngkin Can’t Use Exec Order to Block RGGI Carbon Tax). It’s taken over a year, but Youngkin is now on the verge of keeping his RGGI promise following a vote by the Va. Air Pollution Control Board.
    Read More “Va. Air Board Approves Gov. Youngkin’s Plan to Withdraw from RGGI”

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

    Big Green Sham “Report” Says PA RGGI Carbon Tax Cuts Electric Bills

    June 9, 2023June 9, 2023

    A radicalized left-wing organization hellbent on forcing the end of fossil energy called Evergreen Action, along with another radical nonprofit called Ceres, partnered and paid a for-profit company called Synapse Energy Economics (that works exclusively for left-wing groups) to produce a completely sham and false “report” that (try not to laugh) claims Pennsylvania residents will pay less for their electricity under the onerous, Marcellus-killing Regional Greenhouse Gas Initiative (RGGI) carbon tax.
    Read More “Big Green Sham “Report” Says PA RGGI Carbon Tax Cuts Electric Bills”

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

    Climate Crazies & Brainwashed Kids Protest MVP at White House

    June 9, 2023June 9, 2023

    Yesterday a group of paid activists and climate zealots showed up at the White House to protest the debt ceiling bill provision that forces the completion of the 94%, very safe, Mountain Valley Pipeline (MVP) project. In what has to be one of the saddest things we’ve seen coming from the leftwing nutmob, one parent actually pushed her seven-year-old to the microphone to tear up and declare MVP would ruin the environment. Oh, and the kid doesn’t even live along the path of the pipeline! Not even in the same state!! That’s called brainwashing. What kind of parent scares their kid like this, telling them lies about a simple and safe natural gas pipeline? SHAME on you.
    Read More “Climate Crazies & Brainwashed Kids Protest MVP at White House”

  • ESG | Industrywide Issues

    MiQ & Highwood Release New Index to Measure O&G Methane Intensity

    June 9, 2023June 9, 2023

    MiQ and Highwood Emissions Management (HEM) yesterday released the world’s first “open-access, measurement-informed methane intensity index” for the U.S. natural gas sector. The MiQ-Highwood Index™ estimates (and the keyword there is ESTIMATES) a methane emissions intensity of 1% leakage from the production sector alone, and 2.2% leakage for the entire natural gas supply chain. Those numbers exceed current national averages suggested by the EPA’s Greenhouse Gas Inventory and GREET natural gas pathway models. The aim of the new MiQ-Highwood Index is methane shaming–to shame producers and pipeline companies into spending gobs of money to prevent every last molecule of methane from “escaping” (like a fugitive) into Mom Earth’s atmosphere.
    Read More “MiQ & Highwood Release New Index to Measure O&G Methane Intensity”

  • Electrical Generation | Industrywide Issues | M&A

    NET Power Completes $1.5B Merger with Rice Acquisition Corp.

    June 9, 2023June 9, 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 happened yesterday, and Danny Rice is the new CEO of NET Power.
    Read More “NET Power Completes $1.5B Merger with Rice Acquisition Corp.”

  • Antero Resources | Ascent Resources | Belmont County | Bradford County | Chesapeake Energy | Energy Companies | EQT Corp | Greene County (PA) | Guernsey County | Ohio | Pennsylvania | Range Resources Corp | Ritchie County | Southwestern Energy | Washington County | Weekly Permits | West Virginia

    25 New Shale Well Permits Issued for PA-OH-WV May 29-Jun 4

    June 9, 2023June 9, 2023

    New shale permits issued for May 29-Jun 4 in the Marcellus/Utica finally went higher again last week. There were 25 new permits issued, up from the dismal 8 new permits issued the previous week. Last week’s permit tally included 13 new permits for Pennsylvania, 6 new permits for Ohio, and 6 new permits in West Virginia. EQT scored the most new permits with 7 issued in Greene County, PA. Close behind in the #2 position was Antero Resources, with 6 new permits issued in Ritchie County, WV.
    Read More “25 New Shale Well Permits Issued for PA-OH-WV May 29-Jun 4”

  • Best of the Rest

    Other Stories of Interest: Fri, Jun 9, 2023

    June 9, 2023June 9, 2023

    OTHER U.S. REGIONS: Calif. will fall 21% short of power needed to meet 2045 EV mandate; NATIONAL: O&G companies jumping on hydrogen, but overrated; INTERNATIONAL: Macquarie group reveals oil market outlook; Russia ratifies agreement on natural gas supply with China.
    Read More “Other Stories of Interest: Fri, Jun 9, 2023”

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

    Equitrans Files to Dismiss 2 Remaining Lawsuits Blocking MVP

    June 8, 2023June 8, 2023

    Last week, the U.S. House and Senate voted to approve the Fiscal Responsibility Act of 2023, to raise the debt ceiling. President Biden signed the bill on Saturday. A section in the bill forces federal government agencies and courts to complete all necessary authorizations to finish building the 94% completed Mountain Valley Pipeline (see Equitrans Announces Mountain Valley Pipe to Get Completed in 2023). The bill removes the right of the U.S. Court of Appeals for the Fourth Circuit (4th Circuit) to hear any more cases concerning MVP. There are two current active cases before the clown judges of the 4th Circuit. Equitrans (MVP) has filed a motion to dismiss both lawsuits.
    Read More “Equitrans Files to Dismiss 2 Remaining Lawsuits Blocking MVP”

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