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Marcellus Drilling News
  • Allegheny County | Anti-Drilling/Fossil Fuel | Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Regulation

    Allegheny County Council Passes Frack Ban, Co. Exec Fitzgerald to Veto

    July 13, 2022July 13, 2022

    Since 2013 anti-fossil fuel zealots–people with an irrational hatred of fossil fuels–have tried to ban drilling under (not on) public parks in Allegheny County, PA (near Pittsburgh). In January of this year, County Councilor Bethany Hallam, a committed anti-fossil fuel fanatic (who herself uses fossil energy every day) introduced yet another resolution to ban fracking underneath county parks, which would potentially deny an important revenue stream to the county (see Antis Try Again to Ban Fracking Under Allegheny County Parks). Unfortunately, Hallam managed to get a vote on the bill and it passed 11-4–enough votes to overcome a promised veto by County Executive Rich Fitzgerald.
    Read More “Allegheny County Council Passes Frack Ban, Co. Exec Fitzgerald to Veto”

  • Industrywide Issues | Pipelines | Regulation

    PHMSA Backs Down, Pauses New Gathering Pipe Reg After Getting Sued

    July 13, 2022July 13, 2022

    Last year the Bidenistas initiated a massive power grab to transfer the right of individual states to regulate local natural gas gathering pipelines to the federal government (see Massive Power Grab Proposed by Biden DOT: Regulate Gathering Lines). The oil and gas industry asked Biden to pause the power grab by 3-5 years. In April, the Bidenistas rejected that request (see Biden Admin Attacks NatGas – Refuses to Pause Gathering Pipe Regs). In May the GPA Midstream Association (later joined by the American Petroleum Institute) sued the Dept. of Transportation and its PHMSA division to block the new regulations. PHMSA has settled the lawsuit by agreeing to delay implementing the new regs for most gathering lines until May 2024.
    Read More “PHMSA Backs Down, Pauses New Gathering Pipe Reg After Getting Sued”

  • Best of the Rest

    Other Stories of Interest: Wed, Jul 13, 2022

    July 13, 2022July 13, 2022

    OTHER U.S. REGIONS: Texas wind power failing when state needs it most; NATIONAL: Biden will push for greater oil output on Mideast trip; INTERNATIONAL: Oil plummets on recession fears; EU votes to label natural gas as climate-friendly; OPEC issues first supply, demand indicators for 2023.
    Read More “Other Stories of Interest: Wed, Jul 13, 2022”

  • Energy Companies | Energy Services | EQT Corp | Equitrans/EQT Midstream | Industrywide Issues | Pipelines

    EQT Elects to Take $196M Bird-in-Hand Payment from Equitrans/MVP

    July 12, 2022July 12, 2022

    Ever hear the old saying, “A bird in the hand is worth two in the bush?” That seems to be the philosophy for EQT Corporation with respect to the compensation it will receive from Equitrans Midstream’s Mountain Valley Pipeline (MVP) project. Newer readers may not know this, but back in 2018 EQT spun off its pipeline division into a brand new, standalone company, renamed Equitrans Midstream (see It’s Here! EQT Midstream Division Now Split into Standalone Co.). So-called activist investors pressured EQT to split the company in two to “unlock value” in each company–the upstream/drilling company now called EQT, and the midstream/pipeline company now called Equitrans. As part of the split, EQT and Equitrans hammered out a deal to compensate EQT for the value that the previously jointly-owned MVP project will (when up and running) provide. EQT could either (a) take $250 million in discounts from MVP for transporting its natural gas over a two-year period, or (b) take a one-time cash payment of $196 million. EQT just selected option B.
    Read More “EQT Elects to Take $196M Bird-in-Hand Payment from Equitrans/MVP”

  • American Energy Partners Inc. | Energy Companies | Industrywide Issues | Landfills | M&A

    American Energy Buys Radioactive Waste Co. Austin Master Services

    July 12, 2022July 12, 2022

    American Energy Partners, Inc. (AEPT), based in Allentown, PA, is a small but diversified company. They have their fingers in a number of different oil and gas pies, including subsidiaries in drilling, remediation, water, valuation services, and education. Add one more to the list: radioactive waste. AEPT recently announced it has purchased Austin Master Services, a company that services the Marcellus/Utica industry (and other industries) with radiological waste management solutions, including remediation, decontamination & decommissioning (D&D), and transport.
    Read More “American Energy Buys Radioactive Waste Co. Austin Master Services”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA House Ctte Urges IRRC to Reject Onerous VOC/Methane Regulation

    July 12, 2022July 12, 2022

    In June the Pennsylvania Dept. of Environmental Protection’s (DEP) Environmental Quality Board (EQB) adopted an onerous new regulation that supposedly will capture every last molecule of stray methane that leaks from shale drilling operations (see PA EQB Adopts Tweaked Version of Onerous VOC/Methane Regulations). The EQB voted to advance a rule that only affects shale sites and related equipment–not conventional drilling. The final step before the onerous new reg goes into effect is a hearing and vote by the state Independent Regulatory Review Commission (IRRC). A key PA House committee sent a letter to the IRRC opposing adoption of the reg as written, potentially blocking it.
    Read More “PA House Ctte Urges IRRC to Reject Onerous VOC/Methane Regulation”

  • Energy Services | Industrywide Issues | M3 Midstream | NGLs | Ohio | Pipelines | Regulation | Statewide OH | Williams

    FERC Aggressively Expands Enforcement, Fines Utica NGL Pipe $30K

    July 12, 2022July 12, 2022

    God help you if you are a midstream company that has to wade through the mountain of federal regulations and codes generated by agencies including the Federal Energy Regulatory Commission (FERC), and are subject to those agencies’ arbitrary decisions on what they will and won’t enforce. In what amounts to a game of Simon Says, FERC has just fined M3 Ohio Gathering, Utica East Ohio Midstream, and UEOM NGL Pipelines–all three either current or former owners of two tiny NGL pipelines that flow propane and ethane from the Scio (Ohio) fractionation plant–$30,000 for not filling out a particular form over a six-year period. Thirty grand for a paperwork violation. It is, according to lawyers who watch these things, an escalation, an “aggressive expansion of enforcement” on the part of FERC.
    Read More “FERC Aggressively Expands Enforcement, Fines Utica NGL Pipe $30K”

  • Energy Companies | Range Resources Corp

    Range Resources Remains Focused on M-U, Not Looking at Other Plays

    July 12, 2022July 12, 2022

    Not all that long ago Cabot Oil & Gas (now Coterra Energy), Southwestern Energy, BKV Corporation, and Diversified Energy were all pure play drillers focused just on the Marcellus and/or Utica Shales. Today all of them own assets in other basins in addition to the M-U. However, the very first company to sink a Marcellus well (back in 2004), Range Resources, has gone the other way. Range used to own assets outside of the M-U but has, for over two years, been a pure play driller laser-focused on only the M-U. According to CEO Jeff Ventura, Range plans to keep it that way–laser-focused focused on the M-U.
    Read More “Range Resources Remains Focused on M-U, Not Looking at Other Plays”

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

    NY DEC Denies Air Permit for Operating Gas-Fired Bitcoin Plant

    July 12, 2022July 12, 2022
    The Greenidge Generation facility in Dresden, New York. (Credit: CoinDesk)

    New York State has become aggressively hostile to any business remotely connected to fossil fuels. NY is openly prejudiced and discriminates against oil and natural gas companies. In May 2021 we told you about a “bitcoin miner” that uses natural gas to produce electricity to power some serious computers (see Upstate NY Bitcoin Miner Faces Opposition from Enviro-Left). Even though the company is doing its best to atone for its “sin” of using natural gas via buying indulgences (aka carbon offsets), environmentalist wackos oppose the bitcoin facility located in Dresden (Yates County), near beautiful Seneca Lake (see Upstate NY Bitcoin Miner Defies Enviro-Left, Operates NatGas Plant). The state Dept. of Environmental Conservation (DEC), under the direction of radical Gov. Kathy Hochul, has just denied an air permit for the Greenidge Generation “mining” facility near Seneca Lake–meaning it will likely have to close down, losing jobs and revenue from that community and from the state. All because of fossil fuel bigotry.
    Read More “NY DEC Denies Air Permit for Operating Gas-Fired Bitcoin Plant”

  • Best of the Rest

    Other Stories of Interest: Tue, Jul 12, 2022

    July 12, 2022July 12, 2022

    MARCELLUS/UTICA REGION: PWT applauds Pennsylvania legislature, governor for lowering corp income tax; OTHER U.S. REGIONS: RGGI update: Virginia and RGGI; NATIONAL: If Biden were serious about energy policy…; Joe Biden’s blame in the energy crisis; The DOE’s intent to eliminate non-condensing furnaces; Biden’s 51 years of bad blood with Big Oil; INTERNATIONAL: The energy crisis will deepen; Europe’s natural-gas crisis is worse than it looks; What happens if Germany’s Russian gas flows stop; Exit, pursued by a bear.
    Read More “Other Stories of Interest: Tue, Jul 12, 2022”

  • Ascent Resources | Energy Companies | Industrywide Issues | M&A | Ohio | Statewide OH

    Ascent Resources Buys Another 27K Utica Acres for $270 Million

    July 11, 2022July 11, 2022

    Ascent Resources, originally founded as American Energy Partners by gas legend Aubrey McClendon, is a privately-held company that focuses 100% on the Ohio Utica Shale. Ascent is Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. There have been plenty of rumors swirling about Ascent, one that says Gulfport Energy is interested in selling to Ascent (see Rumor: Gulfport Energy in Talks to Merge with Ascent Resources) and another that the company is close to launching an IPO (see Ohio’s Largest Shale Driller, Ascent Resources, Preps for IPO). Here’s something that’s not a rumor: The company is buying another 26,800 acres in the Ohio Utica for $270 million.
    Read More “Ascent Resources Buys Another 27K Utica Acres for $270 Million”

  • Electrical Generation | Industrywide Issues | Litigation | Pennsylvania | Statewide PA | Taxation

    PA Commonwealth Court Blocks RGGI Carbon Tax Pending Fall Trial

    July 11, 2022July 11, 2022

    We finally have some good news to share with respect to Pennsylvania Gov. Tom Wolf’s foolish plan to force PA’s coal- and natural gas-fired power plants to begin paying an obscenely high tax on carbon dioxide emissions as part of the so-called Regional Greenhouse Gas Initiative (RGGI). After exhausting various attempts to block it, Wolf published a final RGGI regulation in the Pennsylvania Bulletin in April (see PA Adopts Carbon Tax, Publishing Final RGGI Reg in Apr 23 Bulletin). The new RGGI reg went into effect on Friday, June 24, despite ongoing lawsuits to block it. But then a wonderful thing happened. On Friday, July 1, a Commonwealth Court judge blocked the state from implementing RGGI until a trial happens this fall to consider a challenge against RGGI by coal and gas-fired power plants.
    Read More “PA Commonwealth Court Blocks RGGI Carbon Tax Pending Fall Trial”

  • Ascent Resources | Energy Companies | ESG | Industrywide Issues

    St. Louis-based Spire Buying ‘Responsible’ Utica Gas from Ascent

    July 11, 2022July 11, 2022

    In 2016 Laclede Group (later renamed to Spire), a St. Louis-based natural gas utility, said it planned to build a 65-mile pipeline from St. Louis through southwest Illinois and connect to the Rockies Express (REX) and Panhandle Eastern Pipeline (see New Midwest Pipeline to Tap REX’s Marcellus/Utica Gas). The new pipeline was designed to flow low-cost Marcellus and Utica Shale gas from REX to the utility–not only for resale to gas customers, but also potentially for new natgas-powered electric plants. That pipeline, Spire STL, went online in late 2019 (see Spire Pipeline Ready to Flow Marcellus/Utica Gas to St. Louis). Another Spire subsidiary, Spire Marketing, has just brokered a deal with Ascent Resources to buy Ascent’s RSG (certified “responsibly sourced gas”) from the Ohio Utica to flow through Spire STL for resale to Spire’s customers.
    Read More “St. Louis-based Spire Buying ‘Responsible’ Utica Gas from Ascent”

  • Electrical Generation | Industrywide Issues | Ohio | Trumbull County

    Utica-Fired Trumbull Energy Center a Go After Vote by Warren, OH

    July 11, 2022July 11, 2022

    In January 2017 Clean Energy Future (CEF), based in Massachusetts, announced it would build a second Utica gas-fired power plant in Lordstown next to the (then) under construction Lordstown Energy Center (see Details on Newly Announced Trumbull Energy Center Electric Plant). The second project, called the Trumbull Energy Center, was forecast to cost $900 million to build. The original announcement said the project would have financing in place by December 2017, break ground in January 2018, and be up and running by May 2020. None of that happened. However, the project is now due to complete its financing and begin construction by early August. We’re finally almost there!
    Read More “Utica-Fired Trumbull Energy Center a Go After Vote by Warren, OH”

  • Anti-Drilling/Fossil Fuel | DTE Energy | Enbridge | Energy Services | Industrywide Issues | Litigation | NEXUS Pipeline | Pipelines | Regulation

    DC Circuit Rules NEXUS Pipeline Approval by FERC was Righteous

    July 11, 2022July 11, 2022

    Last year Big Green lobbyists using the City of Oberlin, Ohio contested the Federal Energy Regulatory Commission (FERC) decision to approve the Enbridge/DTE Energy NEXUS pipeline, a $2 billion, 255-mile pipeline from the Ohio Utica Shale into Michigan that’s been flowing for years connecting to a pipeline that exports some of the gas into Canada (see Oberlin, OH Still Fighting to Shut Down Long-Running NEXUS Pipe). Big Green/Oberlin claimed FERC’s approval of NEXUS was faulty because some gas gets exported to Canada and is not “in the public interest.” A federal court ruled last week against Oberlin, siding with FERC’s decision to approve the NEXUS project.
    Read More “DC Circuit Rules NEXUS Pipeline Approval by FERC was Righteous”

  • Energy Services | ESG | Industrywide Issues | Kinder Morgan | Pipelines | Regulation | Tennessee Gas Pipeline

    FERC Flip-Flops – Approves TGP’s Responsible Gas Pooling Proposal

    July 11, 2022July 11, 2022

    Shippers (drillers, utility companies, others that buy and sell natural gas) are now free to buy and sell producer certified gas (PCG), or responsibly sourced gas (RSG), at all pooling points across the Tennessee Gas Pipeline (TGP) system. The Federal Energy Regulatory Commission (FERC) approved the TGP pooling plan after previously rejecting the plan. FERC decided the pooling plan is precisely what we said it was–a marketing thing–and not an endorsement by FERC of whether or not the methane flowing with that designation meets certain environmental criteria.
    Read More “FERC Flip-Flops – Approves TGP’s Responsible Gas Pooling Proposal”

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