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

    Ohio’s Top O&G Counties Lag in Jobs, but Not Because of Shale

    November 29, 2022November 29, 2022

    When we first spotted an article by PBS titled “Why Ohio’s top oil and gas producing counties continue to lag in jobs,” we were intrigued. The “deck” of the article (the little subtext directly under the headline) says, “A decade into Ohio’s shale gas boom, seven Appalachian counties still have unemployment rates that exceed the state average. Experts and local sources suggested four reasons why fracking hasn’t closed the gap.” The implication is that fracking and the jobs it could and would create were oversold. Jobs from fracking are smoke without fire. Yet the article itself appears to prove just the opposite–that fracking HAS led to a dramatic increase in jobs in Ohio.
    Read More “Ohio’s Top O&G Counties Lag in Jobs, but Not Because of Shale”

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

    Energy Industry Groups Refuse to Support Glick FERC Reappointment

    November 29, 2022November 29, 2022
    Richard Glick

    There’s grumbling and complaining in the D.C. swamp that U.S. Senator Joe Manchin is refusing to hold a hearing on the reappointment of Richard “Dick” Glick to the Federal Energy Regulatory Commission (FERC). Glick is currently the Chairman of the commission. His five-year term is already over, and come December 31st if he is not reappointed by the Senate (as Biden wants), he’s out, and FERC goes to a 2-2 tie between Democrats and Republicans. Lefty Dems are grumbling about Manchin, but not too loudly because they previously screwed him out of a bill to complete the Mountain Valley Pipeline (“Save MVP” Permitting Bill is Dead – Manchin Pulls it From CR). They don’t dare make Manchin any more mad now, or they risk further retaliation.
    Read More “Energy Industry Groups Refuse to Support Glick FERC Reappointment”

  • Best of the Rest

    Other Stories of Interest: Tue, Nov 29, 2022

    November 29, 2022November 29, 2022

    NATIONAL: Why oil companies are not running out of fresh shale fields to frack; Study explores top causes of driving-related deaths in O&G; Nabors automates existing rig with robotics module; INTERNATIONAL: Europe’s LNG import capacity set to expand by one-third by end of 2024; Chevron oil drilling efforts in Venezuela blasted as ‘stupidity,’ nonsensical; $60 billion LNG mega deal marks Chinese influence in Middle East.
    Read More “Other Stories of Interest: Tue, Nov 29, 2022”

  • CNG/LNG | Industrywide Issues

    Boston Gets First Winter Delivery of Foreign LNG from Trinidad

    November 28, 2022November 28, 2022
    Ship that unloaded foreign LNG in Boston

    Natural gas-starved New England, which lacks sufficient natural gas supplies because politicians like Massachusetts Attorney General Maura Healey (taking over as Governor come Jan. 1st) blocks new pipelines, is satiating its ever-growing thirst for natural gas by importing it from foreign countries at 5-6X the cost of shipping it in via pipeline from the nearby Marcellus. In fact, a shipload of LNG from Trinidad and Tobago was unloaded at Constellation Energy Corp’s Everett LNG import terminal last week.
    Read More “Boston Gets First Winter Delivery of Foreign LNG from Trinidad”

  • CNG/LNG | Industrywide Issues | Regulation

    New England’s LNG Import Terminal Faces Closure After 2024

    November 28, 2022November 29, 2022
    Everett LNG Terminal

    Sticking with the theme of New England’s LNG import facility, Constellation Energy Corp’s Everett LNG, a story appearing on S&P Global Commodity Insights says unless the Federal Energy Regulatory Commission (FERC) acts soon, the Everett LNG import facility near Boston likely will close down after 2024. Why? Following a federal court ruling, Everett can no longer pass along nearly all of its operating costs to Constellation’s Mystic Power electricity customers. Everett is willing to sign new LNG contracts with various customers, but has had to raise its prices, making such contracts uncompetitive. The company doesn’t know how much it can/should charge customers (to recoup operating costs), and how much it can pass along to Mystic Power customers.
    Read More “New England’s LNG Import Terminal Faces Closure After 2024”

  • Electrical Generation | Harrison County | Industrywide Issues | West Virginia

    WV Airport Explores Deal to Power Facility with Homegrown NatGas

    November 28, 2022November 28, 2022
    North Central West Virginia Airport

    Pittsburgh International Airport is inspiring other airports in the Marcellus/Utica region to consider doing what it is doing–extracting natural gas from beneath airport property and burning it to power electric-generating turbines. The North Central West Virginia Airport, located in Bridgeport, WV, is considering a proposal from Hope Gas Inc. to drill under airport property, extract natural gas, and then use the gas to power a microgrid that provides electricity for the airport and surrounding aerospace businesses. Cool!
    Read More “WV Airport Explores Deal to Power Facility with Homegrown NatGas”

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

    Sen. Joe Manchin Struggles to Get MVP Permit Bill Passed by Dec. 31

    November 28, 2022November 28, 2022

    According to insiders in the D.C. swamp, the deal that U.S. Senator Joe Manchin (from West Virginia) made with Sen. Chuck Schumer (from New York) to get a “permitting reform” bill passed that would, among other things, allow the 303-mile Mountain Valley Pipeline (MVP), currently 94% built and in the ground, is on “life support.” The bill proposed by Manchin would bypass the clown judges on the 4th Circuit Court of Appeals who are blocking it. The bill supposedly would allow MVP to finish and go online. However, Republicans are being falsely accused of blocking it.
    Read More “Sen. Joe Manchin Struggles to Get MVP Permit Bill Passed by Dec. 31”

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

    Closed for Business: NY Bans Crypto Mining that Uses Fossil Energy

    November 28, 2022November 28, 2022

    In April, the New York State Assembly passed Assembly Bill A7389C. In June, the New York State Senate passed the same bill, sending it to Gov. Kathy Hochul’s desk for a signature (see Business-Hostile NY Passes Bill Banning Fossil Fuel Bitcoin Mining). Last week Gov. Hochul signed the bill into law. For the next two years, unless a bitcoin mining company uses 100% renewable energy (absolutely NO fossil fuel energy), it will not be allowed to expand or renew permits, and new miners will not be allowed to come online. Get out of NY while you still can!
    Read More “Closed for Business: NY Bans Crypto Mining that Uses Fossil Energy”

  • Anti-Drilling/Fossil Fuel | Economic Impact | Industrywide Issues | Jobs

    Europe Killed Fossil Fuels, Manufacturers Now Moving to U.S.

    November 28, 2022November 28, 2022

    European political leaders have been hell bent for leather to kill off fossil fuel energy used in their respective countries. And they have pretty much done it. They’ve been successful–at least with reducing the production of fossil energy. Europe has restricted new investment in fossil energy and is now paying the price. According to François-Régis Mouton, regional director for Europe at the International Association of Oil and Gas Producers, Europe has “killed fossil energy.” European manufacturers that depend on fossil energy–either for heat and electricity or as an input into their processes (like fertilizer plants using natural gas), are shutting down. Some are relocating to the U.S.
    Read More “Europe Killed Fossil Fuels, Manufacturers Now Moving to U.S.”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    How Fossil Fuel Divestment Creates Higher Oil & Gas Stock Prices

    November 28, 2022November 28, 2022

    The silly fools behind the “divest from fossil energy companies” movement are doing the exact opposite of what they had hoped to do. The diverstors are trying to force publicly traded fossil energy companies out of business by bullying investors to divest (refuse to own) stock in fossil fuel companies. The theory is that if enough investors refuse to buy the stock, the stock price will crash and burn, and the company will be forced out of business. But the EXACT OPPOSITE is happening!
    Read More “How Fossil Fuel Divestment Creates Higher Oil & Gas Stock Prices”

  • Best of the Rest

    Other Stories of Interest: Mon, Nov 28, 2022

    November 28, 2022November 28, 2022

    NATIONAL: The U.S. shale boom is officially over; U.S. natural-gas pioneer struggles in his second act; INTERNATIONAL: Japan poised for more spot LNG trades; The high cost of Germany’s floating LNG terminals.
    Read More “Other Stories of Interest: Mon, Nov 28, 2022”

  • Anti-Drilling/Fossil Fuel | Coterra Energy (Cabot O&G) | Energy Companies | Industrywide Issues | Pennsylvania | Susquehanna County

    PA AG Shapiro’s Vicious Attack Against Coterra Energy Continues

    November 23, 2022November 23, 2022
    Anti-Marcellus Josh Shapiro, currently Attorney General, soon to be Governor

    In June 2020, Pennsylvania Attorney General Josh Shapiro (Democrat) announced an indictment of Cabot Oil & Gas for allegations of methane migration going back more than a decade, long before he was elected as AG (see PA AG Charges Cabot with Enviro Crimes for Long-Settled Dimock). Shapiro’s indictment was a bogus charge, an attempt to turn a long-settled accident into a crime–all for political gain. Shapiro recently won the race to be the state’s next governor. Bashing the Marcellus industry as AG gave him credibility with the wacko left in his own political party. A few weeks after Shapiro’s shameless and bogus indictment in 2020, Cabot (now Coterra Energy) signaled it would fight him tooth and nail in court (see Cabot Signals They Will Fight PA AG Sham Dimock Indictment). Here’s the next chapter: Shapiro is about to force Coterra (still under indictment for multiple felonies) to pay for a new municipal water system in the middle of nowhere for 20 homes that already had methane in their water for generations before Cabot showed up to drill.
    Read More “PA AG Shapiro’s Vicious Attack Against Coterra Energy Continues”

  • Clinton County | Electrical Generation | Industrywide Issues | Litigation | Pennsylvania | Regulation

    PA DEP Extends Renovo Gas-Fired Plant Permit, Radicals Appeal

    November 23, 2022November 23, 2022

    The same three radicalized environmental groups that previously attacked the Renovo Energy Center (REC), a Marcellus gas-fired power plant planned for Clinton County, PA, are at it again. On November 22, the Clean Air Council, PennFuture, and the Center for Biological Diversity (all completely radicalized fossil fuel bigots) announced they had appealed an extension of time for an air pollution permit granted to REC by the PA Dept. of Environmental Protection (DEP).
    Read More “PA DEP Extends Renovo Gas-Fired Plant Permit, Radicals Appeal”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA EQB Meeting in “Emergency” Session to Ram Through O&G VOC Regs

    November 23, 2022November 29, 2022

    Last week the Pennsylvania Independent Regulatory Review Commission (IRRC) voted to approve the Pennsylvania Dept. of Environmental Protection (DEP) and its Environmental Quality Board’s (EQB) rammed-through (in a rush) regulation to control volatile organic compounds (VOCs), and by extension methane, for conventional drilling sites throughout the state (see PA IRRC Votes to Approve Rushed Conventional VOC Regulation). The DEP had FIVE YEARS to get this regulation done and missed deadline after deadline. With a Dec. 16 deadline approaching to finish up the reg or risk losing half a billion dollars in federal highway funds, the DEP tried to bully the conventional drilling industry into accepting its onerous regulation with no comment period, no feedback, no nothing.
    Read More “PA EQB Meeting in “Emergency” Session to Ram Through O&G VOC Regs”

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

    PA, OH, WV Rig Count Jan 2021 Thru Nov 2022 – Trending Up

    November 23, 2022November 23, 2022

    While tracking the active rig count week by week can give you a little sugar high, we think tracking the count month by month is more illustrative of where the count (and drilling activity) is heading. Baker Hughes is the grandaddy of rig counts, having tracked rigs since 1944. You need a rig to drill a new well, so counting active rigs gives you an idea of overall drilling activity. What do the rig counts look like for Pennsylvania, Ohio, and West Virginia over the past two years? Is drilling activity going up, or down, in our region? We have the answer.
    Read More “PA, OH, WV Rig Count Jan 2021 Thru Nov 2022 – Trending Up”

  • Exporting | Industrywide Issues | Pipelines

    Canadian NatGas Imports Provide Reliability for U.S. During Winter

    November 23, 2022November 23, 2022

    From time to time, it’s helpful to revisit our longstanding relationship with Canada with respect to natural gas flowing across the border–both ways. It sounds strange on the surface to say that there are dozens of pipelines that cross our joint border–some flowing gas to Canada (exports), others flowing gas from our neighbors to the north (imports). Why don’t we both just keep our own gas to ourselves instead of swapping? Because in some areas, it makes sense for Canada to produce the gas and ship it to us, and in other areas, the reverse makes sense. Truth be told, Canada’s flows of gas to the U.S. help us maintain supply reliability during the winter months. So says the EIA.
    Read More “Canadian NatGas Imports Provide Reliability for U.S. During Winter”

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