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Marcellus Drilling News
  • Education | Industrywide Issues | Ohio | Statewide OH

    OOGEEP Accepting Applications for 2023 Scholarship Program – $1K Ea

    January 18, 2023January 18, 2023

    Listen up, high school seniors (and their parents). Paying for college is a challenge–this you will learn soon enough. As your guidance counselor has no doubt told you, there are scholarships to be had. Every $500 or $1,000 you can shave off your college bill helps! String enough such scholarships together, and you can make a real dent in the cost of college. We have a scholarship opportunity for those who plan to pursue a career in the oil and gas industry living in Ohio. The Ohio Oil and Gas Energy Education Program (OOGEEP) is accepting applications for its 2023 scholarship program. You have until March 1st to apply. Don’t wait!
    Read More “OOGEEP Accepting Applications for 2023 Scholarship Program – $1K Ea”

  • MUI

    MDN Upstream Index (MUI) – Jan 18, 2023

    January 18, 2023January 18, 2023

    The most recent day of active trading was Tue., Jan. 17, 2023. The numbers below reflect yesterday’s closing numbers.


    Read More “MDN Upstream Index (MUI) – Jan 18, 2023”

  • Best of the Rest

    Other Stories of Interest: Wed, Jan 18, 2023

    January 18, 2023January 18, 2023

    NATIONAL: Nobody is announcing new CO2 EOR projects; INTERNATIONAL: Could Europe really return to Russian gas?
    Read More “Other Stories of Interest: Wed, Jan 18, 2023”

  • Electrical Generation | Industrywide Issues | Ohio | Pennsylvania | Regulation | Statewide OH | Statewide PA | Statewide WV | West Virginia

    PJM Threatens Gas-Fired Power Plants with $2B in Fines re Cold Snap

    January 17, 2023January 17, 2023

    PJM is the largest electric grid operator in the U.S. It serves 65 million people in 13 states plus the District of Columbia (including PA, OH, and WV). PJM is coming under criticism for an almost-blackout during the recent Christmas cold snap. If not for certain gas-fired peaker plants, like that in the Little Town of Bethlehem, the lights would have gone out during a brutal cold snap (see Bethlehem Marcellus-Fired Power Plant Kept PA Lights on During Xmas). Some 23% of the electricity supplied to PJM was not available during the cold snap due to equipment failures and lack of supply (including natural gas frozen off at well pads). So PJM is “investigating” and threatening to assess up to $2 billion in fines on power producers who failed to supply electricity according to their contracts.
    Read More “PJM Threatens Gas-Fired Power Plants with $2B in Fines re Cold Snap”

  • Energy Services | Industrywide Issues | Litigation | Pipelines | Regulation | Transco | Williams

    Green Zealots Challenge FERC Approval of Northeast Expansion Pipe

    January 17, 2023January 17, 2023

    Last week the Federal Energy Regulatory Commission (FERC) finally approved the Williams Regional Energy Access Expansion (REAE) project, an upgrade to the Transco pipeline in Pennsylvania and New Jersey to deliver an extra 829 MMcf/d of Marcellus gas to PA, NJ, and Maryland (see FERC Approves Transco $950M Northeast Expansion Pipe Project). No good deed goes unpunished. Right on cue, the leftist green mob has come out of the woodwork to challenge the project. The first step is to request a rehearing by FERC, and when FERC turns that down, file a lawsuit in court.
    Read More “Green Zealots Challenge FERC Approval of Northeast Expansion Pipe”

  • CNG/LNG | Exporting | Industrywide Issues

    Every Week Freeport LNG Delayed Takes 4 LNG Cargoes Off Market

    January 17, 2023January 17, 2023

    The 2 Bcf/d Freeport LNG export terminal, located in Quintana Island, Texas, has been offline and not producing LNG since June 2022 due to an explosion (see Explosion Rocks Freeport LNG Export Plant – Offline for 3 Weeks). Freeport, which exports some Marcellus/Utica molecules, has changed its estimated restart date multiple times. Earlier this month, Freeport revised its restart date to be the end of January (see Familiar Pattern: Freeport LNG Delays Restart Again, to End Jan.). A week later, sources told Reuters that restart will almost certainly be sometime in February (see Sources Say Freeport LNG Won’t Restart Until End of February). Every week the Freeport facility remains offline removes another four LNG cargo carriers from delivering our LNG to the rest of the world.
    Read More “Every Week Freeport LNG Delayed Takes 4 LNG Cargoes Off Market”

  • Ascent Resources | Energy Companies | Ohio | Statewide OH

    Amanda Finn Elected Chairperson of Ohio Oil & Gas Association

    January 17, 2023January 17, 2023
    Amanda Finn

    Amanda Finn is Director of External Affairs at Ascent Resources, Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. Finn was just elected the 38th Chair of the Board for the Ohio Oil & Gas Association (OOGA). She is blazing a trail. In all of OOGA’s 75-year history, Finn is (1) the youngest individual to serve as Chair, (2) the first female to serve in that role, and (3) the first person representing a shale operator to serve in that role. That’s quite a list! Very impressive.
    Read More “Amanda Finn Elected Chairperson of Ohio Oil & Gas Association”

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

    Author of Sham “Study” on Gas Stoves Admits No Link to Asthma

    January 17, 2023January 17, 2023

    A week ago, MDN told you that the Bidenista who heads up the Consumer Product Safety Commission (CPSC) was floating a trial balloon of banning the use of natural gas stoves across the entire country (see Bidenistas Make a Run at Banning Natural Gas Stoves Nationwide). There was, deservedly, an uproar over his statements. The CPSC Bidenista used a sham study from the Rocky Mountain Institute that purportedly showed a link between gas stoves and childhood asthma as his excuse. Under withering attacks, the Rocky Mountain Institute has admitted, publicly, that their study does NOT prove a link between gas stoves and asthma actually exists.
    Read More “Author of Sham “Study” on Gas Stoves Admits No Link to Asthma”

  • Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues | Litigation | New York | Niagara County

    Green Radicals Sue NYS for Approving Niagara Falls Bitcoin Plant

    January 17, 2023January 17, 2023

    The radicals of Earthjustice have struck again. Representing two other disgusting radical groups–the Sierra Club and Clean Air Coalition of Western New York–last week Earthjustice filed a lawsuit to block the sale of a truly tiny (55 megawatt) gas-fired power plant in Western New York (near Niagara Falls) to a Canadian bitcoin operator. Gov. Hochul wonders why more people are fleeing NY than any other state in the country. This is why.
    Read More “Green Radicals Sue NYS for Approving Niagara Falls Bitcoin Plant”

  • Butler County | CNX Resources | Education | Energy Companies | Industrywide Issues | Pennsylvania

    CNX Hires Slippery Rock Petroleum/NatGas Grad as Engineer

    January 17, 2023January 17, 2023
    Cayman Kelly, 2022 Slippery Rock University graduate

    For years we’ve highlighted the top-notch educational program available at Lackawanna College’s School of Petroleum and Natural Gas (PNG), now located in Tunkhannock (Wyoming County), PA (see Lackawanna College School of Petroleum & Natural Gas Expands). The PNG program is unique, one of just a handful nationwide that runs a two-year program to train students to be technicians, able to operate sophisticated machinery and run compressor stations, for example. But what if a student wants to become an engineer in the oil and gas space? What kind of programs exist for that in the Marcellus/Utica? Across the state near Pittsburgh (in Bulter County), Slippery Rock University launched a Bachelor of Science in Petroleum and Natural Gas Engineering in 2016. A graduate from that program, Cayman Kelly, is now an associate engineer at CNX Resources.
    Read More “CNX Hires Slippery Rock Petroleum/NatGas Grad as Engineer”

  • MUI

    MDN Upstream Index (MUI) – Jan 17, 2023

    January 17, 2023January 17, 2023

    The most recent day of active trading was Fri., Jan. 13, 2023. The numbers below reflect Friday’s closing numbers. (There was no trading yesterday.)


    Read More “MDN Upstream Index (MUI) – Jan 17, 2023”

  • Best of the Rest

    Other Stories of Interest: Tue, Jan 17, 2023

    January 17, 2023January 17, 2023

    OTHER U.S. REGIONS: When Joe Biden says no, Florida says go; NATIONAL: Produced water recycling approach attracts international attention; Borton-Lawson joins top ENR firm Verdantas; Bullish signals for oil, but not for natural gas; INTERNATIONAL: Canada adds another 38 rigs; What will be the top theme for oil and gas in 2023?; European gas slumps to 16-month low on strong supply outlook; Germany opens its 2nd liquefied natural gas terminal; Russian gas will eventually return to Europe as nations forgive and forget.
    Read More “Other Stories of Interest: Tue, Jan 17, 2023”

  • About MDN

    MDN Off for MLK Day – Jan 16, 2023

    January 16, 2023

    Dear MDN Reader:

    Since it is a stock exchange holiday, and to honor the memory of Dr. Martin Luther King, Jr., MDN is taking today off, Monday, Jan. 16. Full strength MDN will return Tuesday!

  • Energy Services | Industrywide Issues | Pipelines | Regulation | Transco | Williams

    FERC Approves Transco $950M Northeast Expansion Pipe Project

    January 13, 2023January 13, 2023

    In March 2019, MDN told you about a new Williams plan to beef up the Transco pipeline in Pennsylvania and New Jersey to deliver an extra 829 MMcf/d of Marcellus gas to PA, NJ, and Maryland (see Williams Announces Transco Competitor to PennEast Pipe in NEPA). The project, called the Regional Energy Access Expansion (REAE) project, was aimed at competing with the PennEast Pipeline project by flowing gas from northeastern Pennsylvania to the Trenton, NJ, area. PennEast got canceled after stiff opposition from liberal state officials in New Jersey. REAE is also facing opposition in NJ (see Williams’ PennEast Pipe Competitor Hits a Brick Wall in New Jersey). However, after a looooong and winding road, the Federal Energy Regulatory Commission (FERC) on Wednesday approved the project. This is a MAJOR victory!
    Read More “FERC Approves Transco $950M Northeast Expansion Pipe Project”

  • Economic Impact | Industrywide Issues | Jobs | Marshall County | NGLs | West Virginia

    $150M Manufacturing Plant Coming to WV, Cites M-U NGLs as Reason

    January 13, 2023January 13, 2023

    Some exciting news out of West Virginia to share. During last evening’s State of the State address, WV Gov. Jim Justice announced TCL Specialties, a subsidiary of TCL (Thirumalai Chemicals Limited), which is based in India, will break ground this month for two manufacturing facilities in Marshall County, West Virginia. The company will invest $150 million to build the first (of three) phases, manufacturing chemicals and food ingredients. And guess what most of the feedstock (raw inputs) will be for these new plants? NGLs (natural gas liquids) from the Marcellus/Utica.
    Read More “$150M Manufacturing Plant Coming to WV, Cites M-U NGLs as Reason”

  • Industrywide Issues | Pipelines | Regulation

    API 2023 Plan for Congress Includes 4.6 Bcf/d of New M-U Pipes

    January 13, 2023January 13, 2023

    On Wednesday, the American Petroleum Institute (API) held an event in Washington, D.C., to unveil (and talk about) the organization’s 2023 plan for Congress that will “Make, Move and Improve American Energy.” Several members of Congress spoke along with API CEO Mike Sommers. One of the big topics of discussion at the event is the need for pipeline permitting reform, NOW, in this Congress. The API report (full copy below) says there is enough demand to send another 4.6 Bcf/d (billion cubic feet per day) of natural gas into northeastern markets–and we could and would have been doing just that if not for canceled pipeline projects due to lawsuits, delays, and government opposition.
    Read More “API 2023 Plan for Congress Includes 4.6 Bcf/d of New M-U Pipes”

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