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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pipelines

    EDF Buys Another Sham “Research” Study – Gathering Lines are Leaky

    October 5, 2022October 5, 2022

    It doesn’t take much these days to buy yourself a “study” that shows what you want it to show. So-called scientists are for hire all over the place. Take, for example, “researchers” at Stanford University and the University of Arizona. All that the far-left Environmental Defense Fund (EDF) had to do was put some money into the pockets of a couple of “researchers” from those schools, and voila! A new “peer-reviewed” study was published yesterday that claims natural gas gathering pipelines (in the Permian Basin) leak like sieves. Oh yeah. It’s FAR worse than anyone had ever thought. All that methane is leaking and toasting Mom Earth, and the villain is gathering pipelines. What a load of…
    Read More “EDF Buys Another Sham “Research” Study – Gathering Lines are Leaky”

  • Alternative Energy | Industrywide Issues | Regulation

    President Biden’s War on the American Oil and Gas Industry

    October 5, 2022October 5, 2022

    The world is currently in the midst of its third great energy crisis. The first came in 1973 (remember the long gas lines?) when the U.S. sided with Israel in the Yom Kippur war. OPEC (an enemy of Israel and the U.S.) tried to punish us by cutting off oil shipments. We should have learned back then. We didn’t. Near the end of the 1970s, when Islamic fundamentalists took over in Iran, we experienced our next great energy crisis (prices for oil doubled). And now, in 2021/2022, we are in the throes of our third worldwide energy crisis. But this time it is different. Instead of Middle Eastern despots being at the root of this crisis, it is self-inflicted–an irrational war against fossil energy by Joe Biden and those aligned with him on the environmental left.
    Read More “President Biden’s War on the American Oil and Gas Industry”

  • Best of the Rest

    Other Stories of Interest: Wed, Oct 5, 2022

    October 5, 2022October 5, 2022

    NATIONAL: USA diesel demand bounces back with a vengeance; The great risk in pushing every home off natural gas; Oil prices have moved lower with SPR releases, but production still lags; U.S. gas at $4-$5 is a thing of the past, says Tellurian chairman; INTERNATIONAL: Fitch Solutions offers OPEC+ prediction; Global gas markets to remain tight next year amid supply squeeze; More U.S. LNG heads to Europe despite output constraints; LNG shipping rates ‘shooting for the stars’ at $500,000 per day.
    Read More “Other Stories of Interest: Wed, Oct 5, 2022”

  • About MDN | Industrywide Issues | Pennsylvania | Research | Statewide PA

    Special Edition: POGLA Presentation 2022

    October 4, 2022

    MDN Editor Jim Willis had the honor of presenting today at the Pennsylvania Oil & Gas Landowner Alliance (POGLA) annual meeting. Jim took on the topic of SWOT: Strengths, Weaknesses, Opportunities, and Threats for PA Shale Drilling. The aim was to inform landowners and rights owners about where we find ourselves today, what influences more (or less) drilling for hydrocarbons in the state, and how landowners and rights owners can potentially take advantage of our current status. Jim put in a lot of research and thinking into the presentation. We bring you his presentation today in lieu of our regular lineup of news stories (Jim didn’t have time to do both!).

    Below is not only the slide deck from the presentation but also Jim’s running commentary/notes for each slide. So sit back, open up the presentation, and get up to speed on PA shale drilling.
    Read More “Special Edition: POGLA Presentation 2022”

  • Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Research | Statewide PA

    First Signs Appear that Cancer/Fracking in Kids Study in Trouble

    October 3, 2022October 3, 2022

    Nearly two years ago, Gov. Tom Wolf announced a $2.5 million contract had been awarded to the University of Pittsburgh Graduate School of Public Health to “conduct research on the potential health effects of hydraulic fracturing in Pennsylvania” (see Pitt Researchers Get $2.5M for Fake Study to Link Shale & Kid Cancer). As we pointed out from the beginning, to study a single potential cause for cancer (fracking) and not any other causes (like a nearby abandoned uranium dump), is not real science. We’ve been critical of Pitt researchers, but maybe they are attempting real science after all. Why? The typical tight coalition of Big Education and Big Green is beginning to break down. Pitt researchers will not participate in a meeting being organized by anti-fossil fuel zealots that supposedly would provide an update on the so-called fracking-causes-cancer study.
    Read More “First Signs Appear that Cancer/Fracking in Kids Study in Trouble”

  • CNG/LNG | Commodity Price | Exporting | Industrywide Issues | Research

    Reuters Says U.S. Must Ramp Up Gas Production Due to LNG Exports

    October 3, 2022October 3, 2022

    According to a column by a Reuters analyst, U.S. natural gas production will need to increase significantly to continue growing LNG exports while ensuring natgas remains affordable for domestic electric power producers, households, and industrial users. This is the first article (we’ve seen) that puts numbers to the claim that LNG exports are beginning to drive the price of domestic natgas to higher levels.
    Read More “Reuters Says U.S. Must Ramp Up Gas Production Due to LNG Exports”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    Princeton U. Announces “Dissociation” from Fossil Energy

    October 3, 2022October 3, 2022

    Princeton University’s endowment, the fourth largest in the U.S., is bowing to cancel culture and is going to divest any holdings it has in some (but not all) fossil energy companies, including Exxon Mobil and Suncor Energy. Princeton is in good company with other Ivy League dunces, including Cornell University (see Cornell U Capitulates to the Crazies; Divesting from Fossil Fuels). However, Princeton may want to speak with their counterparts at Yale University. Yale began down the road of divestment from fossil energy companies, then pulled back earlier this year (see Yale Reverses Divestment, Re-invests in M-U Driller Antero Resources). And Princeton may want to speak with the pension fund managers at the California Public Employees’ Retirement System (CalPERS), which has suffered devastating losses over the past decade after divesting from fossil energy companies (see Dark Side of ESG – Huge Losses for Investors, High/Regressive Taxes).
    Read More “Princeton U. Announces “Dissociation” from Fossil Energy”

  • Energy Companies | EQT Corp | Industrywide Issues | M&A | Statewide WV | Tug Hill Operating | West Virginia

    A Closer Look at EQT’s $5.2B Purchase of Tug Hill’s THQ Appalachia

    October 3, 2022October 3, 2022

    In September, EQT Corporation announced it is buying Tug Hill Operating’s West Virginia shale assets for $5.2 billion (see Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion). The deal adds 90,000 acres and 800 MMcf/d (million cubic feet per day) of production to EQT’s existing, massive, portfolio. Although we shared many of the details about the transaction (as provided by EQT), RBN Energy has done a deeper dive into the deal, looking at what it means for EQT, and what it means for the entire region.
    Read More “A Closer Look at EQT’s $5.2B Purchase of Tug Hill’s THQ Appalachia”

  • Antero Resources | Energy Companies | ESG | Industrywide Issues

    Antero Resources Issues Annual ESG Report for 2021

    October 3, 2022October 3, 2022

    There’s ESG, and then there’s ESG. We’ve tried to make this distinction a number of times, and will use the latest ESG report issued by Antero Resources to make the distinction again. When a huge (very important) company like Antero Resources, a natural gas driller focused on West Virginia, talks about ESG (or Environmental, Social, and Governance), it’s talking about all of the things the company does to prove to wackos that it behaves in an environmentally responsible manner when extracting hydrocarbons out of the ground. When the wackos talk about ESG, they mean (a) get everyone to divest from fossil energy, and (b) if a company happens to be in the fossil energy business, it needs to move away from extracting oil and gas and toward investing in sketchy so-called renewable energy sources.
    Read More “Antero Resources Issues Annual ESG Report for 2021”

  • Anti-Drilling/Fossil Fuel | Energy Companies | Exporting | Exxon Mobil | Industrywide Issues | Regulation

    Exxon Says Granholm is Crazy for Demanding Less Oil/Diesel Exports

    October 3, 2022October 3, 2022

    In August, Jennifer Granholm, hands down the most incompetent Secretary of Energy ever to hold the office, sent a letter to seven major refinery companies threatening them that if they don’t scale back exports of gasoline, diesel, and other liquid petroleum products, Granholm will have old dementia Joe whip up an executive order slapping a ban on such exports (see Biden DOE Threatens Refineries: Export Less Gas & Diesel, or Else). She made ’em an offer they can’t refuse. Yet at least one of them, Exxon Mobil, has refused it–sending a letter back to Granholm telling her (our words, their sentiment) that she’s crazy.
    Read More “Exxon Says Granholm is Crazy for Demanding Less Oil/Diesel Exports”

  • Research

    New Research Shows How to Convert Methane to Methanol with Low CO2

    October 3, 2022October 3, 2022
    methanol

    Brazilian researchers have discovered a way to convert methane into liquid methanol at room temperature. This is a big deal because methanol burns more cleanly (less carbon dioxide emissions) than burning methane (i.e. natural gas). This new process uses light and scattered transition metals such as copper in a process known as photo-oxidation. Conventional methods of converting methane into methanol require a lot of heat and pressure that generates a significant amount of CO2 as a byproduct. There’s no real advantage to burning methanol created that way. This discovery sidesteps the heat and pressure needed to convert methane into methanol.
    Read More “New Research Shows How to Convert Methane to Methanol with Low CO2”

  • Best of the Rest

    Other Stories of Interest: Mon, Oct 3, 2022

    October 3, 2022October 3, 2022

    MARCELLUS/UTICA REGION: Schumer and Pelosi could have helped; NATIONAL: U.S. oil execs fear recession, nagging supply shortages; INTERNATIONAL: Oil posts first quarterly loss in two years as recession fears grow; Well done everyone, we’ve let China become the real energy superpower.
    Read More “Other Stories of Interest: Mon, Oct 3, 2022”

  • Chesapeake Energy | CNG/LNG | Energy Companies | Exporting | Industrywide Issues

    Multiple New East Coast LNG Export Plants Under Consideration

    September 30, 2022September 30, 2022

    Chesapeake Energy is interested in new LNG export projects–but not just LNG exported along the Gulf Coast near its new Haynesville assets. Chessy is jazzed about the possibilities of exporting LNG along the East Coast. The company has its eye on a project announced for the Philadelphia area, on the Delaware River (see Philadelphia LNG Export Project Still Very Much Alive & Advancing). But here’s the new news: Chesapeake says, “There are a couple of companies that are trying to get [LNG] plants operational in Maryland” as well as on the Delaware River. Holy smokes! This is the first we’re hearing about potential new LNG plants along the Maryland coastline.
    Read More “Multiple New East Coast LNG Export Plants Under Consideration”

  • Lease & Royalty Payments

    The Critical Role of Oil & Gas Mineral Leases – A Short Primer

    September 30, 2022September 30, 2022

    An oil and gas mineral lease is a critical part of the process for extracting and selling hydrocarbon molecules. MDN editor Jim Willis will present at next week’s POGLA (Pennsylvania Oil & Gas Landowner Alliance) meeting in State College. One of the key topics we’re sure to hear discussed is leases. We spotted an excellent post on the RBN Energy website from yesterday dealing with leases. RBN does a deep dive into leases and leasing as part of its “energy 101” primer series.
    Read More “The Critical Role of Oil & Gas Mineral Leases – A Short Primer”

  • Ascent Resources | Energy Companies | ESG | Industrywide Issues

    Ascent Achieves MiQ Cert Using Methane-Imaging Lasers for Emissions

    September 30, 2022September 30, 2022
    Bridger Photonics LiDAR detection (click for larger version)

    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. The company announced in May 2021 that it would pursue certification of its natural gas (see Ascent Resources 1Q21: Hops on Bandwagon of Certifying Shale Gas). An announcement yesterday from one of the vendors Ascent uses to achieve certification, Bridger Photonics, says that Ascent has achieved MiQ certification of its natural gas production using Bridger’s methane-imaging lasers.
    Read More “Ascent Achieves MiQ Cert Using Methane-Imaging Lasers for Emissions”

  • Energy Companies | Pennsylvania | Shell | Statewide PA

    Shale Insight Day 2: Shell Vision for H2 Hub; Dr. Oz, Doug Mastriano

    September 30, 2022September 30, 2022

    It was an interesting day yesterday for the final day of the Marcellus Shale Coalition’s Shale Insight event, being held in Erie, PA. Shell outlined its vision for a regional hydrogen hub with Shell itself at the center of the action (guess we can’t blame them for trying, although we wish they were working with a broader coalition). More interesting, for us, were the addresses of four key politicians. Republicans Dr. Mehmet Oz, running for U.S. Senate in PA, and Doug Mastriano, running for governor in PA, addressed the event in person. Their counterparts, Democrats John Fetterman (running for Senate) and Josh Shapiro (running for governor), aired recorded messages and didn’t bother to show up in person–a MAJOR insult to the shale industry.
    Read More “Shale Insight Day 2: Shell Vision for H2 Hub; Dr. Oz, Doug Mastriano”

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