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Marcellus Drilling News
  • Accidents | Energy Services | Industrywide Issues | MarkWest Energy | Pennsylvania | Pipelines | Washington County

    MarkWest Mails Spill Cleanup Notice to Wrong Township in SWPA

    June 20, 2023June 20, 2023
    tempest in a teapot

    In late December 2022, piping at the MarkWest Imperial Compressor Station in Robinson Township, Washington County, PA, froze during Winter Storm Elliot. The frozen line burst, spilling roughly 10,000 gallons of condensate on the ground. On May 23, 2023, MarkWest Liberty Midstream & Resources LLC submitted a Notice of Intent (NOI) to the Pennsylvania Dept. of Environmental Protection (DEP) to clean up soil and groundwater contaminated by the spill. MarkWest’s consultant Tetra Tech sent a copy of the notice to Robinson Township–except they sent it to the WRONG Robinson Township.
    Read More “MarkWest Mails Spill Cleanup Notice to Wrong Township in SWPA”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    So-Called “Environmental Justice” in PA Redefined as Everything

    June 20, 2023June 20, 2023

    An article in the Pittsburgh Post-Gazette tackles the issues of permit reform, environmental justice, and the intersection of the two. The article asks and attempts to answer the question, “How does one shape the other?” Based on quotes and comments in the story coming from the Shapiro administration, particularly from Acting Secretary of the Dept. of Environmental Protection (DEP), Rich Negrin, it’s obvious that Shapiro intends to redefine “environmental justice” so broadly that it will become meaningless. The aim seems to be to turn environmental justice into a blunt force instrument the left can use to deny any energy permit they don’t want to issue.
    Read More “So-Called “Environmental Justice” in PA Redefined as Everything”

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

    Leftist Antis are NOT Happy with Their Boy Gov. Josh Shapiro

    June 20, 2023June 20, 2023

    Those part of the environmental left were some of the biggest supporters of electing then-Attorney General Josh Shapiro as Pennsylvania’s next governor. But it seems the wacko environmental movement is not happy with their boy Josh. They have buyer’s remorse. It all started when, shortly after last November’s election, Shapiro announced a deal with Coterra Energy (formerly Cabot Oil & Gas) to settle a criminal case against the company for the decade-old matter of methane migration in Dimock, PA (see PA AG Shapiro Dismisses 14 Felony Charges Against Coterra re Dimock).
    Read More “Leftist Antis are NOT Happy with Their Boy Gov. Josh Shapiro”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | New York | Regulation | Statewide NY

    NY Dems Attack – State Senate Passes Bill to End Use of NatGas

    June 20, 2023June 20, 2023

    Just when you thought it couldn’t get any worse in New York, the “Empire State,” it does! In May, New York Gov. Kathy Hochul (Democrat) signed a budget into law that includes provisions to ban gas stoves and furnaces in new residential buildings (see NY State has Fallen – Gas Stoves & Peaker Plants Banned in Budget). Beginning in 2025, if you build a new home (or business) in New York State, you will not be allowed to connect it to an existing natural gas pipeline system. You will be banned from installing a gas (or propane) stove in the house. We now live in a Communist, non-free state. New York has fallen. But even the budget ban of new gas hookups isn’t far enough for the Commies in the NY legislature! Senate Bill 2016 (S.2016) was just passed, a bill that bans natural gas itself–removing the right to buy natural gas–beginning in 2025.
    Read More “NY Dems Attack – State Senate Passes Bill to End Use of NatGas”

  • Best of the Rest

    Other Stories of Interest: Tue, Jun 20, 2023

    June 20, 2023June 20, 2023

    OTHER U.S. REGIONS: Plan to convert natgas plant to burn diesel gets pushback; NATIONAL: TGS launches well data analytics; USA awards $127 million in grid modernization grant; Which USA oil major produced the most in 1Q?; Drilling stocks plunge on bets for oil price slump; Natural gas bans aren’t about your health; INTERNATIONAL: Iranian oil is quietly flooding into the global market again.
    Read More “Other Stories of Interest: Tue, Jun 20, 2023”

  • About MDN

    MDN Off Today – Juneteenth 2023

    June 19, 2023June 19, 2024

    Today, June 19th, is a stock exchange and bank holiday. Juneteenth is a federal holiday in the U.S. commemorating the emancipation of enslaved African Americans. Juneteenth marks the anniversary of the announcement of General Order No. 3 by Union Army General Gordon Granger on June 19, 1865, proclaiming freedom for enslaved people in Texas. Originating in Galveston, the holiday has since been celebrated annually on June 19 in various parts of the United States, often broadly celebrating African-American culture. The day was first recognized as a federal holiday in June 2021, when President Joe Biden signed the Juneteenth National Independence Day Act into law. As with other bank holidays, MDN will not publish today.

  • Energy Services | Industrywide Issues | M&A | Patterson-UTI

    Patterson-UTI & NexTier to Merge, Bigger Fracker than Halliburton

    June 16, 2023June 16, 2023

    In the summer of 2021, Patterson-UTI Energy, which operates 21 active rigs in the Marcellus/Utica (out of 49 active M-U rigs, nearly half of all active M-U rigs!), announced it was buying a smaller competitor, Pioneer Energy Services Corp. (see Patterson-UTI Energy Buying Pioneer Energy Services for $295M). Patterson added Pioneer’s fleet of 16 super-spec drilling rigs to Patterson’s (at that time) fleet of 150 super-spec drilling rigs in the U.S. Big news! Yesterday Patterson announced it is expanding again by combining with NexTier Oilfield Solutions in a “merger of equals.”
    Read More “Patterson-UTI & NexTier to Merge, Bigger Fracker than Halliburton”

  • Anti-Drilling/Fossil Fuel | Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    Radicalized NRDC Authors Bill to Make PA Hydrogen Hub Fossil Free

    June 16, 2023June 16, 2023

    Even as the Bidenistas at the Dept. of Energy are deciding which regional hydrogen hub proposals to fund, and even though Pennsylvania, with its parochial application that competes against a much better application from West Virginia, Ohio, and Kentucky, the Democrats in the PA House are attempting to force any new hydrogen projects in the Keystone state to NOT use fossil fuels–namely Marcellus Shale gas. Yes, they are insane! PA Dems (led by State Rep. Greg Vitali) are about to screw up PA’s already long shot at grabbing one of the 6 to 8 regional hydrogen hub projects and $1 billion in funding by promoting House Bill (HB) 1215–written by the radicals of the National Resources Defense Council (NRDC). Talk about dumb. Wow!
    Read More “Radicalized NRDC Authors Bill to Make PA Hydrogen Hub Fossil Free”

  • Coterra Energy (Cabot O&G) | Energy Companies

    Executive Changes at Coterra Energy – New CFO, CHRO

    June 16, 2023June 16, 2023

    In October 2021, Cimarex Energy, a Permian driller, and Cabot Oil & Gas, a Pennsylvania Marcellus driller, merged and renamed the company to Coterra Energy (see Cimarex Takes Over Cabot, Merged Co. Called “Coterra Energy”). Cabot’s Chief Financial Officer (CFO), Scott Schroeder, became the CFO for Coterra. Scott has been with Cabot (now Coterra) for 28 years. Yesterday Coterra announced Scott is retiring and will be replaced by Shane Young.
    Read More “Executive Changes at Coterra Energy – New CFO, CHRO”

  • Antero Resources | Chesapeake Energy | CNX Resources | Coterra Energy (Cabot O&G) | Energy Companies | EQT Corp | Gulfport Energy | Range Resources Corp | Seneca Resources | Southwestern Energy

    How M-U Drillers Spent Discretionary (Extra) Cash Flow in 1Q23

    June 16, 2023June 16, 2023

    For individuals, discretionary income is what’s left after you pay your taxes and fixed costs like housing, food, and clothing. For shale drillers, the equivalent to discretionary income is cash flow from operating activities (CFOA), which is the net income a company generates adjusted for non-cash expenses like depreciation and stock-based compensation, and for changes in working capital. Drillers can use their extra cash to grow production by spending more for drilling new wells (capital expenditures or capex). Or drillers can send some of the extra cash back to investors via share buybacks and dividends. How did Marcellus/Utica drillers spend their CFOA during the first quarter of 2023?
    Read More “How M-U Drillers Spent Discretionary (Extra) Cash Flow in 1Q23”

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

    Bidenistas Unmask Aggressive Anti-Gas Agenda for Next 12 Mos.

    June 16, 2023June 16, 2023

    The Bidenistas have put their anti-freedom, pro-tyranny agenda into overdrive. On Tuesday, the administration released its semi-annual Unified Agenda of Regulatory and Deregulatory Actions, a report on the actions administrative agencies (part of the Executive Branch of government) plan to issue in the near- and long-term. Both the Interior and Energy departments are moving full speed ahead to try and lock in some of Biden’s most restrictive and punitive (to fossil energy) policies they can before the election, hoping to make it impossible to undo the damage after they lose the next election.
    Read More “Bidenistas Unmask Aggressive Anti-Gas Agenda for Next 12 Mos.”

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

    EPA Agrees to Sue-and-Settle with Sierra Club, EDF re Power Plants

    June 16, 2023June 16, 2023

    We’ve written about the sleazy practice of “sue and settle” in the past–a practice whereby government agencies like the EPA get their friends in the radical environmental movement to sue them, then they quickly settle the case and say, “See, we HAVE to do this because the court is making us do it.” (See our previous sue-and-settle articles here.) The EPA is doing it again. The agency, now occupied by extreme leftists, has worked out a “consent decree” with the radicals of the Environmental Defense Fund and the Sierra Club that will “require” the EPA to enact stricter limits on nitrogen oxide (NOx) emissions from fossil fuel (coal and gas) power plants.
    Read More “EPA Agrees to Sue-and-Settle with Sierra Club, EDF re Power Plants”

  • Ascent Resources | Belmont County | Bradford County | Brooke County | Chesapeake Energy | Energy Companies | Harrison County | Jefferson County (OH) | Monongalia County | Northeast Natural Energy | Ohio | Pennsylvania | Southwestern Energy | Sullivan County | Weekly Permits | West Virginia

    20 New Shale Well Permits Issued for PA-OH-WV Jun 5-11

    June 16, 2023June 16, 2023

    New shale permits issued for Jun 5-11 in the Marcellus/Utica last week dipped a bit from the previous week. There were 20 new permits issued, down from 25 issued the previous week. Last week’s permit tally included 6 new permits for Pennsylvania, 8 new permits for Ohio, and 6 new permits in West Virginia. Ascent Resources scored the most new permits with 8 issued in the Ohio Utica, spread across three counties. Chesapeake Energy had the second most new permits with 6 permits issued in the PA Marcellus across two counties.
    Read More “20 New Shale Well Permits Issued for PA-OH-WV Jun 5-11”

  • Best of the Rest

    Other Stories of Interest: Fri, Jun 16, 2023

    June 16, 2023June 16, 2023

    MARCELLUS/UTICA REGION: Air Products to supply Qatargas with LNG tech; INTERNATIONAL: Oil rises as growing demand in China calms rate-hike concerns; Europe gas spikes as major Dutch gas site set to close; Climate protesters throw paint and glue at Monet painting in Sweden; UN chief says fossil fuels ‘incompatible with human survival’.
    Read More “Other Stories of Interest: Fri, Jun 16, 2023”

  • Ascent Resources | Belmont County | Carroll County | Columbiana County | Crude Oil | Encino Energy | Energy Companies | Guernsey County | Gulfport Energy | Harrison County | Industrywide Issues | INR/Infinity Natural Resources | Jefferson County (OH) | Ohio

    Oil Prod. in Northern Utica Comes Alive – Encino Cracks Oil Code

    June 15, 2023June 15, 2023

    The Ohio Dept. of Natural Resources (ODNR) recently released production numbers for the first quarter of 2023, and wow! What a surprise! Oil production in the northern Utica Shale skyrocketed, led by wells drilled by Encino Energy. According to an analysis by the Youngstown Business Journal, four shale wells drilled by Encino in Columbiana County have “shattered previous production figures in the county.” Adding up all oil production by all drillers, Encino had the most oil production in the state, with 53.7% of the total oil produced in the Utica/Point Pleasant during the first quarter. It certainly looks like Encino has cracked the oil code in the Buckeye State!
    Read More “Oil Prod. in Northern Utica Comes Alive – Encino Cracks Oil Code”

  • Chesterfield County | Dominion Energy | Electrical Generation | Energy Services | Industrywide Issues | Virginia

    Dominion Plans to Build 1,000-MW Gas Peaker Plant Near Richmond, VA

    June 15, 2023September 18, 2023
    Proposed location for the Chesterfield Energy Reliability Center in the James River Industrial Center

    Once upon a time, Dominion Energy, a huge utility company headquartered in Richmond, Virginia, with customers in a number of states, had a plan to build four small “peaker” electric generating plants in Chesterfield County, VA, a Richmond suburb. Then COVID hit, and the plan went on hold. Dominion recently dusted off its plan and announced it would seek state approval for its Chesterfield Energy Reliability Center in the James River Industrial Center. 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.
    Read More “Dominion Plans to Build 1,000-MW Gas Peaker Plant Near Richmond, VA”

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