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

    NY Lawmakers Aim to Make Hochul’s Anti-Fossil Fuel Plan Worse

    March 22, 2023March 22, 2023

    The nightmare we can’t wake up from, called New York State, keeps getting darker and worse. In January, Hochul proposed banning the sale of all new natural gas appliances across the state, along with an outright ban on hooking up new homes and businesses to gas, by 2030 (see NY Gov. Hochul Loses Her Mind – Wants to Ban Gas in New Buildings). She also wants to cap so-called greenhouse gas output and require companies to buy “allowances” (i.e., indulgences) for their carbon emissions sins. This is hard to believe, but Democrat legislators are adding new requirements of their own, making it even harder for companies to meet emissions standards, stay under the caps, and/or pay for allowances. The legislature’s proposed changes will drive even more companies out of the state.
    Read More “NY Lawmakers Aim to Make Hochul’s Anti-Fossil Fuel Plan Worse”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    Climate Fearmongering Causing National Mental Health Crisis

    March 22, 2023March 22, 2023

    Is Kamala Harris the dumbest Vice President of the United States…ever? No. We think that dubious distinction goes to her boss, Joe Biden, when he was VP under Lord Obama. But she ranks right up there near Biden as the dumbest. Do you ever listen to any of her talks? Or her cackling laugh? Talk about nails on a chalkboard! One of cackling Kamala’s latest pronouncements is that there is a “mental health crisis” because of the climate. This time we tend to agree with her. There IS a mental health crisis–abject fear and panic–because of people like Harris screaming lies that the planet is about to end unless we dump fossil energy.
    Read More “Climate Fearmongering Causing National Mental Health Crisis”

  • MUI

    MDN Upstream Index (MUI) – Mar 22, 2023

    March 22, 2023March 22, 2023

    The most recent day of active trading was Tue., Mar. 21, 2023. The numbers below reflect yesterday’s closing numbers.


    Read More “MDN Upstream Index (MUI) – Mar 22, 2023”

  • Best of the Rest

    Other Stories of Interest: Wed, Mar 22, 2023

    March 22, 2023March 22, 2023

    OTHER U.S. REGIONS: California win in bid to curb oil profits; Republican lawmakers pan offshore wind plans at NJ event; NATIONAL: Pimco sees banking turmoil as threat to USA oil, gas production; Serial gas stove user Stacey Abrams joins group that wants to ban them; INTERNATIONAL: Carbon-sucking tech to use more energy than all homes; Russia becomes China’s biggest oil supplier; U.S. company seeks $20B from Canada over nixed LNG project.
    Read More “Other Stories of Interest: Wed, Mar 22, 2023”

  • Energy Companies | EQT Corp | ESG | Industrywide Issues

    AMI Evaluating 6 Satellite Services to Monitor M-U Fugitive Methane

    March 21, 2023March 21, 2023

    Back in January, three Marcellus/Utica companies–Chesapeake Energy, EQT, and Equitrans Midstream–launched what the three call the Appalachian Methane Initiative (AMI), a coalition committed to further enhancing methane monitoring throughout the Appalachia Basin, with an aim to reduce methane emissions throughout the region (see EQT, Chessy, Equitrans Form M-U Methane Monitoring Club). During the recent CERAWeek event, EQT CEO Toby Rice said AMI is evaluating “about six” satellite providers to help with the monitoring task. EQT’s top lawyer, Will Jordan, said AMI would decide later this year whether to outsource or develop satellite tech in-house for methane monitoring.
    Read More “AMI Evaluating 6 Satellite Services to Monitor M-U Fugitive Methane”

  • CNG/LNG | ESG | Exporting | Industrywide Issues

    MiQ Launches World’s 1st LNG Cert and Registry Covering All GHGs

    March 21, 2023March 21, 2023

    MiQ, a certification authority that monitors for methane (and other) emissions and issues responsible gas certifications, announced today it has launched the world’s first certification to cover all GHGs (greenhouse gases) from the LNG supply chain. LNG buyers are now able to compare exporters and choose lower emissions cargoes for the first time–ever. MiQ’s new framework tracks 100% of methane, carbon dioxide, and nitrous oxide emissions from every segment of the LNG supply chain–including production, gathering and boosting, processing, pipeline, liquefaction, shipping, and regasification.
    Read More “MiQ Launches World’s 1st LNG Cert and Registry Covering All GHGs”

  • CNG/LNG | Exporting | Industrywide Issues

    Port Arthur LNG Pulls Trigger on FID, Tells Builder to Start Work

    March 21, 2023March 21, 2023
    click for larger version

    Sempra Infrastructure, a subsidiary of Sempra, announced yesterday it had reached a positive final investment decision (FID) for the development, construction, and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. Sempra closed on all of the remaining financial aspects of the deal–selling a piece to KKR and forming a joint venture with ConocoPhillips. It also has all of the customers it needs lined up (see Port Arthur LNG Now has All Customers Needed to Build Phase 1). With all of the i’s dotted and t’s now crossed, Sempra made the FID and told its contractor, Bechtel, to rev up the bulldozers and begin construction. Let’s gooooo!
    Read More “Port Arthur LNG Pulls Trigger on FID, Tells Builder to Start Work”

  • Industrywide Issues | Litigation | Regulation

    Federal Judge Hands Defeat to Biden EPA, Blocks New WOTUS Rule

    March 21, 2023March 21, 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). We told you about 24 states, led by West Virginia, that banded together to file a lawsuit against this latest overstep by the EPA (see WV Leads 24-State Coalition Against EPA Waters of US Reg 2nd Time). What we didn’t know is that there were two other states–Texas and Idaho–that filed their own separate lawsuit against the EPA’s new WOTUS rule. A federal judge on Sunday issued a decision that freezes (blocks) the new WOTUS rule from going into effect yesterday in Texas and Idaho.
    Read More “Federal Judge Hands Defeat to Biden EPA, Blocks New WOTUS Rule”

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

    UN Calls for Ban on Fossil Fuels to Avoid ‘Climate Time Bomb’

    March 21, 2023March 21, 2023

    The United Nations’ (UN) Intergovernmental Panel on Climate Change (IPCC) published an updated climate change (global warming) report yesterday. It is the hardest of hard-core dictatorial screeds we’ve seen yet out of the UN, an agency that desires to rule the world. The out-of-control UN Secretary-General, Antonio Guterres, said in releasing the report that “Humanity is on thin ice – and that ice is melting fast. Our world needs climate action on all fronts – everything, everywhere, all at once.” Cute–invoking the name of this year’s Oscar winner for Best Picture. Guterres’ preferred solution? “Ceasing all licensing or funding of new oil and gas,” and “stopping any expansion of existing oil and gas reserves.” You read that right. No more new drilling anywhere for fossil fuels, if the UN gets its way.
    Read More “UN Calls for Ban on Fossil Fuels to Avoid ‘Climate Time Bomb’”

  • Ammonia | ESG | Industrywide Issues

    Amogy Using Ammonia to Power World’s 1st Zero Emissions Tugboat

    March 21, 2023March 21, 2023

    From time to time, we notice stories about ammonia, which crop up in our natural gas news feeds. Ammonia (NH3) is produced commercially via the catalytic reaction of nitrogen and hydrogen at high temperature and pressure. Some 95% of all hydrogen is produced by cracking methane (natural gas). Ergo, ammonia is ultimately made from natural gas. One particular story caught our attention. A startup company in Brooklyn, NY, is working on converting an old tug boat from burning diesel to burning ammonia. The company, called Amogy (a portmanteau of ammonia and energy), says the future of shipping is ammonia for fuel.
    Read More “Amogy Using Ammonia to Power World’s 1st Zero Emissions Tugboat”

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

    Lawyers Claim Oil Companies Can be Sued for “Climate Homicide”

    March 21, 2023March 21, 2023

    We have to wonder, are we witnessing the end of modern society and a full regression back to the Stone Age? Two lawyers, one from Public Citizen’s climate program and the other a professor at George Washington University Law School, have written a paper that will be published in the Harvard Environmental Law Review that claims if there’s a NATURAL disaster, like a flood or hurricane or big snowstorm, and if people die in that event, governments and prosecutors can sue Big Oil, holding Big Oil criminally negligent for homicide. No, this is not a joke.
    Read More “Lawyers Claim Oil Companies Can be Sued for “Climate Homicide””

  • MUI

    MDN Upstream Index (MUI) – Mar 21, 2023

    March 21, 2023March 21, 2023

    The most recent day of active trading was Mon., Mar. 20, 2023. The numbers below reflect yesterday’s closing numbers.


    Read More “MDN Upstream Index (MUI) – Mar 21, 2023”

  • Best of the Rest

    Other Stories of Interest: Tue, Mar 21, 2023

    March 21, 2023March 21, 2023

    NATIONAL: Green hydrogen presents attractive alternative investment opportunities; Dominion Energy achieves unique (and dubious) honor; Oil near 2021 lows as banking crisis boosts recession fears; U.S. petroleum product exports set a record high in 2022; INTERNATIONAL: Plummeting ‘energy return on investment’ of oil; Greens refuse to discuss recycling renewables and mining restoration.
    Read More “Other Stories of Interest: Tue, Mar 21, 2023”

  • Energy Companies | Hydraulic Fracturing | Industrywide Issues | Litigation | Marshall County | Southwestern Energy | West Virginia

    WV Mineral Owners’ Lawsuit Accuses Southwestern of ‘Well Bashing’

    March 20, 2023March 20, 2023

    Two Marshall County, WV landowners with the same last name (brothers? cousins? father/son?) have sued Southwestern Energy accusing the company of “well bashing.” The landowners seek to have the lawsuit certified as a class action. Well bashing happens when drilling a child well near a parent well causes the parent well to lose pressure or become clogged with fracking fluids and sand. Ultimately the child well causes the parent well to become less profitable (i.e., less revenue from royalties for the landowner). The lawsuit says Southwestern is practicing well bashing intentionally–in order to keep lease rates low.
    Read More “WV Mineral Owners’ Lawsuit Accuses Southwestern of ‘Well Bashing’”

  • Industrywide Issues | Pennsylvania | Statewide PA | Taxation

    Coming Soon to PA – Gov. Josh Shapiro’s Energy Tax, aka RGGI

    March 20, 2023March 20, 2023

    Josh Shapiro promised he was a different kind of Democrat, but in the end, he turned out to be the same kind as most. We told you, warned you, that should Shapiro be elected, he would embrace the Regional Greenhouse Gas Initiative (RGGI) carbon tax, even though he expressed sentiments during the campaign that he doesn’t support it (see PA’s Shapiro Outright Lies About Position on RGGI Carbon Tax). And, sure enough, in his very first budget, Shapiro is counting on Pennsylvania residents to pay $600 million in carbon tax sales from RGGI. In his very first budget year! Still happy you voted for Shapiro?
    Read More “Coming Soon to PA – Gov. Josh Shapiro’s Energy Tax, aka RGGI”

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

    Cleveland Plain Dealer Attacks OH Law re Drilling Under State Land

    March 20, 2023March 20, 2023

    The Democrats who control and write for the Cleveland Plain Dealer are, once again, attacking a new law that allows for shale drilling under (but not on top of) Ohio state-owned land. The new measure was passed and signed into law late last year (see OH Gov. Signs Bill Expanding Drilling in State Parks, NatGas “Green”). The Ohio Oil & Gas Land Management (OGLM) Commission, a commission established years ago to lease state-owned land for shale drilling, had failed to act. So the legislature lit a fire under the commission by temporarily taking away its authority until it acts. In a big hairy hurry, the commission adopted new policies to begin leasing state-owned land for shale drilling (see Ohio O&G Commission Moves Rapidly to Lease State Land for Drilling). That has the editors and writers of the Cleveland Plain Dealer look like they’re sucking on sour grapes.
    Read More “Cleveland Plain Dealer Attacks OH Law re Drilling Under State Land”

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