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Marcellus Drilling News
  • Industrywide Issues | LDCs | Monongalia County | Pipelines | West Virginia

    Utility Co. Hope Gas Transfers HQ from Illinois to Morgantown, WV

    June 27, 2023June 27, 2023
    Morgan O’Brien, center, cuts the ribbon at the new Hope Gas headquarters. The ribbon is held by Brian Hale, left, and Sonia Axter. (Credit: Chase Hughart, WV News)

    Hope Gas, a Local Distribution Company (LDC), otherwise known as a utility company, provides gas service to approximately 112,000 residential, industrial, and commercial customers in thirty-five West Virginia counties. Hope Gas recently received approval from the Public Service Commission (PSC) of West Virginia to acquire nearly 900 miles of gathering pipelines in northern West Virginia from Equitrans Midstream and add the pipeline to the 2,000 miles of WV gathering pipes it already owns (see Equitrans Selling 900 Miles of WV Gathering Pipes to Hope Gas). Hope Gas just cut the ribbon on a new headquarters in Morgantown, WV.
    Read More “Utility Co. Hope Gas Transfers HQ from Illinois to Morgantown, WV”

  • Electrical Generation | Industrywide Issues | Regulation | Research

    More Gas-Fired Electric Generating Added than Solar or Wind in 2023

    June 27, 2023June 27, 2023

    Gas-fired power plant additions have surged in 2023 according to the Federal Energy Regulatory Commission’s (FERC) most recent infrastructure report (full copy below). Nearly 4,470 megawatts (MW) of natural gas-fired electric generation came online in the first four months this year, up from 551 MW in the same period in 2022. Utility-scale solar capacity increased by 3,409 MW through April of this year, up from 3,064 MW in the year-ago period. New wind capacity fell to 1,967 MW from 5,161 MW in the same period last year. Contrary to the constant meme that “renewables” like solar and wind are replacing natural gas for electric generation, the facts say otherwise.
    Read More “More Gas-Fired Electric Generating Added than Solar or Wind in 2023”

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

    Unrepentant BlackRock Won’t Use ESG Term, Still Forces Divestment

    June 27, 2023June 27, 2023

    Other than not using the term ESG (environment, social, governance), Larry Fink, the CEO of the world’s largest investment firm, BlackRock, hasn’t changed. He intends to keep pushing ESG without calling it that. Fink tells the companies that BlackRock invests in to lower carbon emissions (i.e., stop using fossil energy, and stop making loans to fossil energy companies). He is completely unrepentant, even though state after state is dropping his company’s services.
    Read More “Unrepentant BlackRock Won’t Use ESG Term, Still Forces Divestment”

  • Best of the Rest

    Other Stories of Interest: Tue, Jun 27, 2023

    June 27, 2023June 27, 2023

    OTHER U.S. REGIONS: Cheniere and ENN sign LNG sale and purchase agreement; NATIONAL: Biden proposes to cut project fees for wind and solar by 80%; Electric vehicles make no sense on the battlefield.
    Read More “Other Stories of Interest: Tue, Jun 27, 2023”

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

    Army Corps Issues Final MVP Permit, Construction Restarts “Soon”

    June 26, 2023June 26, 2023

    On Saturday, June 3, President Biden signed the Fiscal Responsibility Act (FRA) of 2023, also known as the “debt ceiling” bill, into law. Part of the new law is a provision that forces government agencies (on every level) to finish granting any outstanding permits to the long-stalled, 303-mile Mountain Valley Pipeline (MVP) project. The new law also ripped away the right of the U.S. Court of Appeals for the Fourth Circuit to hear any further cases regarding MVP. All of which means construction should, theoretically, begin by the end of this month (see Court Filing Says MVP Construction to Restart by End of June). On Friday, the U.S. Army Corps of Engineers reissued a permit they’ve issued multiple times before, and this time there is no overturning it in the 4th Circuit.
    Read More “Army Corps Issues Final MVP Permit, Construction Restarts “Soon””

  • Industrywide Issues | Maryland | New York | Pennsylvania | Regulation | Statewide MD | Statewide NY | Statewide PA

    Drought Over? SRBC Approves New Shale Water Withdrawals in PA

    June 26, 2023June 26, 2023

    Just two weeks ago, the Susquehanna River Basin Commission (SRBC) told all water users in the basin that have withdrawal permits, including shale drillers, they should review those permits, and if there are restrictions for withdrawals during low streamflow conditions, they need to make alternative plans (see SRBC Advises Water Permit Holders to Consider Alternative Sources). The concern is an ongoing drought in the Northeast. However, at the same time the commission was issuing its warning, it was also approving new water withdrawal projects!
    Read More “Drought Over? SRBC Approves New Shale Water Withdrawals in PA”

  • Allegheny County | Energy Companies | Industrywide Issues | Olympus/Huntley & Huntley | Pennsylvania | Regulation

    West Deer Approves Olympus “Leto” Well Pad, Antis Pledge to Sue

    June 26, 2023June 26, 2023

    Olympus Energy (formerly Huntley & Huntley) drills in the Greater Pittsburgh region, in Allegheny and Westmoreland counties. In 2021, Olympus applied to build a new well pad in a rural part of Allegheny County, in West Deer Township. So-called “concerned citizens” got amped up to oppose the project. They succeeded when town supervisors rejected the Dionysus well pad (see West Deer Township Denies Olympus Permit to Build Shale Pad). The “concerned citizens” then attempted to block a second well pad, the Leto pad, proposed by Olympus in another West Deer location (see West Deer Antis Try to Block 2nd Olympus Shale Well Pad). However, West Deer supervisors approved the Leto pad last week, which has set off the antis.
    Read More “West Deer Approves Olympus “Leto” Well Pad, Antis Pledge to Sue”

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

    M-U Rig Count Holds Even; U.S. Count Down 8th Week in a Row

    June 26, 2023June 26, 2023

    The weekly rig count for the U.S. has continued to be anemic over the past two months. Baker Hughes, with its venerable rig count, reported last Friday that overall, the U.S. rig count continued to bleed rigs–down another five rigs to 682 in the week ending June 23. That’s the lowest count since April 2022 and the eighth week in a row the U.S. has lost active rigs. The good news for the Marcellus/Utica is that both the Marcellus and the Utica maintained the same rig levels last week. It’s good news they didn’t bleed any more rigs!
    Read More “M-U Rig Count Holds Even; U.S. Count Down 8th Week in a Row”

  • CNG/LNG | Industrywide Issues

    Potential Shutdown of Boston LNG Terminal Discussed at FERC Forum

    June 26, 2023June 26, 2023

    A month MDN told you about a coming real-life nightmare that the Everett LNG import terminal, which accepts and regasifies foreign natural gas, may shut down following the closure of New England’s biggest natural gas-fired power plant, the Mystic Generating Station in Everett, MA (see Nightmare in Boston – Everett LNG Import Terminal May Close 2024). The potential shuttering of the Everett LNG plant was the main topic of discussion at the Federal Energy Regulatory Commission’s (FERC) second New England Winter Gas-Electric Forum last week in Portland, Maine.
    Read More “Potential Shutdown of Boston LNG Terminal Discussed at FERC Forum”

  • Hydraulic Fracturing | Industrywide Issues | Litigation | New York | Statewide NY

    3rd Circuit Rules Insurance Co. Not Liable for Bad Fracking Fluid

    June 26, 2023June 26, 2023

    We have a federal court decision from an interesting case to share. From June 2005 to October 2007, U.S. Energy Development Corporation contracted with Superior Well Services (of Pennsylvania) to frack natural gas wells owned by U.S. Energy in (of all places) New York State. Yes, fracking used to (still does) happen in NY–at least with conventional wells. U.S. Energy filed a claim against Superior in October 2007, saying Superior had damaged 97 of its wells during fracking by using the wrong kind of chemical mixtures in its fracking fluid.
    Read More “3rd Circuit Rules Insurance Co. Not Liable for Bad Fracking Fluid”

  • Chevron | Energy Companies | Exxon Mobil | Shell

    Big Oil Says NatGas Here to Stay for Decades, Not Just Transition

    June 26, 2023June 26, 2023

    The biggest of the Big Oil companies, including Shell, Chevron, and Exxon Mobil, are making it quite clear that natural gas is here for decades to come. Leftists tried to sell the B.S. line that natural gas is a “short-term bridge to greener energy sources.” When that lie began to fall apart, leftists got agitated and began to sputter nonsense about natgas being a whole lot dirtier than anybody thought. Again, their lies are falling on deaf ears–at least the ears of Big Oil. Unless the left can bully the world’s biggest governments into destroying some of the biggest companies in the world–oil and gas companies–the only opinion that matters is that of the oil companies themselves because they are the ones who will (or will not) do more drilling.
    Read More “Big Oil Says NatGas Here to Stay for Decades, Not Just Transition”

  • Best of the Rest

    Other Stories of Interest: Mon, Jun 26, 2023

    June 26, 2023June 26, 2023

    MARCELLUS/UTICA REGION: Big Ugly Grifters (BUGS) are out to destroy the common man; People wouldn’t accept RGGI if they understood it was a statewide tax; NATIONAL: API raises concerns with proposed EPA GHG emissions rule; US LNG project approvals on track for record new volumes; This might be the Biden admin’s most ludicrous idea yet; INTERNATIONAL: Germany commits to 2.25 MMtpa LNG buy from Venture Global; Green movement and energy prices – theory of “effective pain.”
    Read More “Other Stories of Interest: Mon, Jun 26, 2023”

  • Empire Pipeline | Energy Services | Equitrans/EQT Midstream | Industrywide Issues | New York | Pipelines | Regulation | Statewide NY

    MVP the Template to Finish Pipelines Like NY’s Northern Access

    June 23, 2023June 23, 2023

    National Fuel Gas Company (NFG) and its pipeline subsidiary Empire Pipeline have worked on a plan to build the Northern Access Pipeline since 2016. Northern Access is a 97-mile project from McKean County in Pennsylvania into and through Allegany, Cattaraugus, and Erie counties in New York that will flow Marcellus gas into New York State. The radicals of the Andrew Cuomo and Kathy Hochul administrations have repeatedly delayed the project. NFG still wants to build it but needs more time. Last July, the Federal Energy Regulatory Commission (FERC) gave NFG an extra 35 months to get the project done–until Dec. 31, 2024 (see FERC Gives NFG Extra 3 Years to Build Northern Access Pipeline). The Sierra Club appealed FERC’s time extension for the project, and it currently sits in court. Could an Act of Congress like the one that helped MVP finish help Northern Access too?
    Read More “MVP the Template to Finish Pipelines Like NY’s Northern Access”

  • Commodity Price | Industrywide Issues

    Higher NatGas Prices on the Way – Rystad Predicts $2.91 Avg 2H23

    June 23, 2023June 23, 2023
    click for larger version

    A Rystad Energy analyst says strong supplies and cool temps kept the price of natural gas low over the past few months–but that’s about to change. Rystad says new modeling shows a bump up in temps coming, and with it, a bump in the price of domestic natural gas. How much? Rystad believes the Henry Hub price will average $2.91/MMBtu for the remainder of 2023 (the latter half of the year). Which ain’t all that much if you ask us…but better than prices bumping around in the low $2 range as it has been since January.
    Read More “Higher NatGas Prices on the Way – Rystad Predicts $2.91 Avg 2H23”

  • Chesapeake Energy | Energy Companies

    Chesapeake CEO Says Upper Marcellus Wells Good, Not as Good as Lower

    June 23, 2023June 23, 2023
    Nick Dell’Osso

    Earlier this week, the J.P. Morgan Energy, Power and Renewables Conference was held in New York City. The event featured a number of oil and gas luminaries. Among the speakers was Nick Dell’Osso, CEO of Chesapeake Energy. Chessy is a major driller in the northeastern Pennsylvania Marcellus region, along with a substantial presence in the Louisiana Haynesville. It was Dell’Osso’s comments about the Marcellus during a Q&A with the host from J.P. Morgan, Zach Parham, that caught our attention.
    Read More “Chesapeake CEO Says Upper Marcellus Wells Good, Not as Good as Lower”

  • Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Pipelines | Williams

    Williams CEO Cheerleads for Competitor Mountain Valley Pipeline

    June 23, 2023June 23, 2023
    Alan Armstrong

    Earlier this week, the J.P. Morgan Energy, Power and Renewables Conference was held in New York City. The event featured a number of oil and gas luminaries. Among the speakers was Alan Armstrong, CEO of pipeline giant Williams, which owns and operates the Transco Pipeline system. Williams also built and operates an extensive gathering system in northeastern Pennsylvania. In reading through a transcript of Armstrong’s talk, near the end, he says Williams has “been really pushing for a long time now” to see that Mountain Valley Pipeline (MVP), a competitor’s pipeline project, gets built. Why?
    Read More “Williams CEO Cheerleads for Competitor Mountain Valley Pipeline”

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