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Marcellus Drilling News
  • Chesapeake Utilities | Energy Services | Industrywide Issues | LDCs | Pipelines

    Chesapeake Utilities Completes Short Pipe for More Gas in Florida

    April 14, 2023April 14, 2023

    This is a story that may (or may not) be directly tied to Marcellus/Utica gas, but it makes a larger point nonetheless. Peninsula Pipeline Company (PPC), a subsidiary of Chesapeake Utilities Corporation, just completed an 11.3-mile pipeline expansion that will bring additional natural gas capacity to the Vero Beach, Florida, area. The project, which cost approximately $10.5 million to build, interconnects with existing PPC infrastructure in Sebastian and extends to Vero Beach. The new facilities will transport natural gas to five new delivery points, extending service to the communities of Wabasso, Wabasso Beach, Indian River Shores, North Hutchinson Island, and Harbor Isles.
    Read More “Chesapeake Utilities Completes Short Pipe for More Gas in Florida”

  • Antero Resources | Bradford County | Coterra Energy (Cabot O&G) | Energy Companies | EQT Corp | Fayette County | Monongalia County | Northeast Natural Energy | Pennsylvania | Pennsylvania General Energy | Southwestern Energy | Susquehanna County | Tioga County (PA) | Washington County | Weekly Permits | West Virginia | Wetzel County

    18 New Shale Well Permits Issued for PA-OH-WV Apr 3-9

    April 14, 2023April 14, 2023

    New shale permits issued for Apr. 3-9 in the Marcellus/Utica dropped again from the prior week. There were 18 new permits issued in total last week, down from 21 in the prior week (and down from 32 the week before that). Last week’s tally included 13 new permits for Pennsylvania, 0 new permits for Ohio, and 5 new permits in West Virginia. Last week the top receiver of new permits was EQT with 7 new permits (6 in Fayette County, PA, and 1 in Washington County, PA). Two companies tied for #2 with 4 permits each–Coterra (Susquehanna County, PA) and Northeast Natural Energy (Monongalia County, WV).
    Read More “18 New Shale Well Permits Issued for PA-OH-WV Apr 3-9”

  • MUI

    MDN Upstream Index (MUI) – Apr 14, 2023

    April 14, 2023April 14, 2023

    The most recent day of active trading was Thu., Apr. 13, 2023. The numbers below reflect last yesterday’s closing numbers.


    Read More “MDN Upstream Index (MUI) – Apr 14, 2023”

  • Best of the Rest

    Other Stories of Interest: Fri, Apr 14, 2023

    April 14, 2023April 14, 2023

    NATIONAL: Upstream oil and gas FIDs will likely increase in 2023; ConocoPhillips CEO flips the script on US shale industry; INTERNATIONAL: Russia’s kowtowing to China – energy and beyond; GALACTIC: Natgas is taking America to the moon, Mars, and beyond.
    Read More “Other Stories of Interest: Fri, Apr 14, 2023”

  • Beaver County | Energy Companies | Industrywide Issues | Pennsylvania | Regulation | Shell

    PA DEP Issues Three More Air Pollution NOVs to Shell Cracker

    April 13, 2023April 13, 2023

    The mighty Shell ethane cracker has had “issues” getting and staying fully up to speed. Since it officially went online last November, Shell had received three separate notices of violation (NOVs) for exceeding allowable air pollution limits, largely related to repeated flaring episodes, as of the end of March (see our stories about NOVs for the cracker plant). However, on April 3 and then again on April 6, the Pennsylvania Dept. of Environmental Protection (DEP) issued three more NOVs to the facility for exceeding air emissions limits.
    Read More “PA DEP Issues Three More Air Pollution NOVs to Shell Cracker”

  • Industrywide Issues | Litigation | Regulation

    Fed Judge Blocks Biden WOTUS in OH, WV, 24 States in Total

    April 13, 2023April 13, 2023

    If leftists can redefine what is and what is not “waters of the United States” (WOTUS), they can pretty much control you and what you can and can’t do with your own private property. WOTUS, according to the Bidenistas, is pretty much anything down to mud puddles, as they proposed earlier this year (see EPA Makes Another Attempt to Regulate O&G via Waters of US). Two different groups of “red” states (with freedom-loving Republican Attorneys General) sued to block the revised WOTUS regulation in their states. In March, a federal judge in Texas issued a decision that freezes (blocks) the new WOTUS rule from going into effect in Texas and Idaho (see Federal Judge Hands Defeat to Biden EPA, Blocks New WOTUS Rule). Yesterday, a federal judge in North Dakota did the same thing for a group of 24 states, including Ohio and West Virginia. Currently, the Biden WOTUS rule is blocked in more than half the states in the country (26 states).
    Read More “Fed Judge Blocks Biden WOTUS in OH, WV, 24 States in Total”

  • Industrywide Issues | Research

    Jan & Feb U.S. NatGas Consumption Lowest Since 2017

    April 13, 2023April 13, 2023

    The U.S. Energy Information Administration (EIA) tracks all things energy and energy-related in the U.S. and around the world. Although the EIA has been somewhat ruined by Bidenista influences, it remains our favorite government agency. The agency’s data and predictions are (mostly) reliable. Yesterday the EIA published new data that shows overall U.S. natural gas consumption in January and February of this year has hit its lowest consumption since 2017 (for January) and 2018 (for February). Why the plunge in natgas usage here at home?
    Read More “Jan & Feb U.S. NatGas Consumption Lowest Since 2017”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    World’s 60 Largest Banks Invest $5.5 Trillion in Fossil Energy

    April 13, 2023April 13, 2023

    This one has us laughing. A group of some of the hardest of the hardcore left in the “environmental” movement–including the Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, the Sierra Club, and Urgewald–join forces to publish a report called “Banking on Climate Chaos” (full copy below). It is the 14th annual such report, detailing the amount of money invested in fossil energy companies by the world’s 60 largest banks. We thought we might flip the script and promote Big Banks doing the right thing (investing in fossil energy) by using the left’s work against them. Cool, right?
    Read More “World’s 60 Largest Banks Invest $5.5 Trillion in Fossil Energy”

  • Industrywide Issues | New York | Regulation | Statewide NY

    Experts Say NatGas Use in NY State Indispensable for Years to Come

    April 13, 2023April 13, 2023

    New York politicians are so consumed with hatred of fossil fuels they are forcing residents to pay an average of $28,000 to convert their homes away from heating and cooking with natural gas, propane, and fuel oil (see NYers Will Pay Average $28K to Retrofit Homes for All-Electric). We’ve been raising the alarm, warning New Yorkers since 2019, when the state passed a draconian “energy” law, that residents will one day have to stop using fossil energy to heat and cook (see New York Pulls the Trigger, Commits Energy Suicide with New Law). That day arrived last December when a state commission approved plans to phase out fossil fuel-burning furnaces beginning as soon as 2025 as part of NY’s draconian (dystopian) program to address mythical “climate change” (see NY Bans Oil, NatGas, Propane Furnaces Beginning 2025 – Move Now!). People from the state’s energy industry, including utility companies, admitted there is no way in Hades the state can implement these draconian changes any time soon. At the NY Energy Summit, speaker after speaker made the case that natural gas “will likely remain indispensable” in the state “for years to come.”
    Read More “Experts Say NatGas Use in NY State Indispensable for Years to Come”

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

    Biden EPA Plan Forces People to Buy Expensive Electric Vehicles

    April 13, 2023April 13, 2023

    Yesterday the U.S. Environmental Protection Agency (EPA) announced new proposed federal vehicle emissions standards that will force Americans to give up driving gasoline and diesel-powered vehicles and instead switch to electric vehicles, which are much more expensive to buy. The Biden EPA said the new standards will “accelerate the ongoing transition to a clean vehicles future and tackle the climate crisis.” Which is total B.S. The Bidenistas intentionally use inflammatory language, calling EVs “clean” vehicles, as opposed to fossil energy vehicles which, by inference, are “dirty.” They also claim the new standards will tackle the “climate crisis”–perpetuating an unproven theory that mankind is causing the earth to catastrophically warm.
    Read More “Biden EPA Plan Forces People to Buy Expensive Electric Vehicles”

  • MUI

    MDN Upstream Index (MUI) – Apr 13, 2023

    April 13, 2023April 13, 2023

    The most recent day of active trading was Wed., Apr. 12, 2023. The numbers below reflect last yesterday’s closing numbers.


    Read More “MDN Upstream Index (MUI) – Apr 13, 2023”

  • Best of the Rest

    Other Stories of Interest: Thu, Apr 13, 2023

    April 13, 2023April 13, 2023

    MARCELLUS/UTICA REGION: How energy & agriculture deliver for Pennsylvanians; OTHER U.S. REGIONS: Haynesville rig count crests as low gas prices bear down; NATIONAL: Will ChatGPT affect oil and gas jobs?; Oil climbs to 2023 high as supplies taper; Elon’s terrible, horrible, no good, very bad battery math; The expensive impossibility of green hydrogen from part-time wind and solar.
    Read More “Other Stories of Interest: Thu, Apr 13, 2023”

  • CNX Resources | Energy Companies | EQT Corp | Hydrogen | Industrywide Issues | Statewide WV | West Virginia

    WV, EQT, Battelle Submit ARCH2 Application for M-U Hydrogen Hub

    April 12, 2023April 12, 2023

    Yesterday MDN told you about the recently-filed application by the State of Pennsylvania to attract one of 6 to 10 so-called hydrogen hubs to the Keystone State (see PA Loses Equinor, Gains Mitsubishi in Hydrogen Hub Application). In the (very little) information disclosed by PA about its application, the big news was that Equinor had dropped out of the project. Today the news is about a competing hydrogen hub application proffered by West Virginia. The Appalachian Regional Clean Hydrogen Hub (ARCH2) team confirmed that it, too, had submitted its full application to the U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) in the Hunger Games contest, with a plan to attract a $1 billion hydrogen hub to the Mountain State.
    Read More “WV, EQT, Battelle Submit ARCH2 Application for M-U Hydrogen Hub”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Lease & Royalty Payments | Pennsylvania | Statewide PA

    PA DCNR Sec. Dunn’s Anti-Gas Bias Evident for All to See

    April 12, 2023April 12, 2023
    DCNR Sec. Cindy Adams Dunn

    Cindy Adams Dunn has been, and continues to be, a major disappointment as Secretary of the Dept. of Conservation and Natural Resources (DCNR). She has held that position through all of Tom Wolf’s pathetic administration, and Josh Shapiro, in an explicable fit of poor judgment, has kept her on in his administration. Responding to a statement made by Republican State Sen. Gene Yaw, Dunn trotted out the classic false dichotomy argument, saying the outdoor recreation economy draws in more revenue for the state than oil and gas drilling.
    Read More “PA DCNR Sec. Dunn’s Anti-Gas Bias Evident for All to See”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Litigation | Ohio | Regulation | Statewide OH

    Strike One for Antis Trying to Block Law re Drilling Under OH Parks

    April 12, 2023April 12, 2023

    In January, Ohio House Bill (HB) 507 became law with the signature of Gov. Mike DeWine (see OH Gov. Signs Bill Expanding Drilling in State Parks, NatGas “Green”). The new law allows shale drilling under (but not on top of) Ohio state-owned land. In fact, HB 507 encourages (pushes for) more drilling under state-owned land. Predictably, Big Green attacked the new law in court, hoping to find a sympathetic judge willing to help their cause (see Radicals Sue to Block Ohio Law re Drilling Under State Land). In what we hope is a sign of good things to come, a Franklin County judge on Monday denied Big Green’s request to temporarily block the new law with a restraining order.
    Read More “Strike One for Antis Trying to Block Law re Drilling Under OH Parks”

  • Commodity Price | Crude Oil | Industrywide Issues | Research

    April STEO Trims 2023 Henry Hub by Another 3% to $2.94/MMBtu

    April 12, 2023April 12, 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. Yesterday’s latest edition once again revises down the price EIA believes the Henry Hub will average for all of 2023. Last month’s STEO predicted an annual average of $3.02/MMBtu in 2023. This month’s STEO says the HH will average $2.94. Let’s add some color around that prediction.
    Read More “April STEO Trims 2023 Henry Hub by Another 3% to $2.94/MMBtu”

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