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

    New England Grid Says Rolling Blackouts Possible *This* Winter

    December 15, 2021December 15, 2021

    The electrical system that powers the United States is made up of individual power grids that connect with each other. Different regions have their own “grid of grids” (called a regional transmission organization, or RTO) that operates to manage the flow of electricity across the entire grid to ensure reliability. In New England, the grid operator/RTO is ISO New England (ISO standing for Independent System Operator). Gordon van Welie, CEO of ISO New England, recently had some startling and stark words about the reliability for New England’s electric grid: Get ready for rolling blackouts.
    Read More “New England Grid Says Rolling Blackouts Possible *This* Winter”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | New York | New York County | Regulation

    NYC Tees Itself Up for Economic Chaos with Vote to Ban NatGas

    December 15, 2021December 15, 2021

    Two weeks ago MDN told you that New York City is actively considering a ban on new customers from hooking up for natural gas delivery throughout the city, and that Consolidated Edison, one of the biggest utilities that flows gas in NYC, is shockingly promoting the ban (see ConEd Turns Traitor – Supports Natural Gas Ban in NYC Buildings). The vote will be taken today and by all accounts, it will pass. Of course, Communist Mayor Bill de Blasio will sign it into law. This is economic suicide. You can see the coming exodus from NYC.
    Read More “NYC Tees Itself Up for Economic Chaos with Vote to Ban NatGas”

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

    Biden’s Authoritarian Build Back Better is the Problem, Not Solution

    December 15, 2021December 15, 2021

    According to Robert Bradley, Jr. from the Institute for Energy Research (IER), the Biden Administration’s Build Back Better (BBB) plan is at odds with affordable, reliable energy. The so-called “largest effort to combat climate change in American history” is a bribe-and-bully program to systemically substitute inferior energies for consumer-chosen, taxpayer-neutral ones. The Biden plan is an assault on the free market system and doomed to abject failure.
    Read More “Biden’s Authoritarian Build Back Better is the Problem, Not Solution”

  • Alliance Petroleum | Antero Resources | Apex Energy | Bradford County | Carroll County | Chesapeake Energy | Energy Companies | EOG Resources | EQT Corp | Greene County (PA) | Jay-Bee Oil & Gas | Lycoming County | Marshall County | Monroe County | Ohio | Pennsylvania | Pleasants County | Range Resources Corp | Tribune Resources | Tug Hill Operating | Tyler County | Weekly Permits | West Virginia | Westmoreland County | Wetzel County

    30 New Shale Well Permits Issued for PA-OH-WV Dec 6-12

    December 15, 2021December 15, 2021

    There was a decent number of new permits issued across all three actively drilling Marcellus/Utica states cumulatively last week. In Pennsylvania, 19 new shale well permits were issued across the state. In Ohio, three new shale permits were issued. West Virginia issued 8 new shale permits last week, with five going to a company we had not previously heard of.
    Read More “30 New Shale Well Permits Issued for PA-OH-WV Dec 6-12”

  • Best of the Rest

    Other Stories of Interest: Wed, Dec 15, 2021

    December 15, 2021December 15, 2021

    NATIONAL: Banning US LNG exports would be ‘highly destabilizing’; Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals; INTERNATIONAL: Saudis warn traders against shorting oil; When the “climate catastrophe” levee breaks.
    Read More “Other Stories of Interest: Wed, Dec 15, 2021”

  • Pennsylvania | Statewide PA

    Permits to Drill New Shale Wells in PA Hit 13-Year Low in November

    December 14, 2021December 14, 2021

    As you know, MDN monitors new shale permits in Pennsylvania, Ohio, and West Virginia by bringing you the weekly new permits issued report, typically on Wednesdays (see our permits archive here). Every now and again the number crunchers at S&P Global step back and look at longer periods of time, comparing stats from a given month from year to year. The crunchers have just issued a somewhat depressing analysis that says Pennsylvania’s new shale permits issued for November 2021 were the lowest number of permits issued in the month of November stretching back to 2008–some 13 years ago.
    Read More “Permits to Drill New Shale Wells in PA Hit 13-Year Low in November”

  • Energy Services | Industrywide Issues | Pennsylvania | Pipelines | Statewide PA | Transco | Williams

    Transco Pipe’s Leidy South Startup Keeps Gas Prices Up in M-U

    December 14, 2021December 14, 2021
    click for larger version

    The spot price for physical natural gas traded at the Eastern Gas South trading hub near Pittsburgh (formerly called Dominion South) has taken quite a hit over the past few weeks, as evidenced by the chart at the left. However, the Eastern Gas South price most likely would have fallen even more were it not for a new pipeline expansion project for the mighty Transco system–the Leidy South project which began partial service in November with 225 MMcf/d of extra gas flows. The rest of Leidy South, a full 582 MMcf/d capacity, is set to be online sometime this month.
    Read More “Transco Pipe’s Leidy South Startup Keeps Gas Prices Up in M-U”

  • Industrywide Issues | Research

    EIA DPR 12-2021: M-U Gas Production Still Lower than One Year Ago

    December 14, 2021December 14, 2021
    click for larger version

    Six of the seven largest shale plays in the U.S. will see an increase in natural gas production in January according to the latest monthly Drilling Productivity Report (DPR) issued by the U.S. Energy Information Administration (EIA). The Marcellus/Utica, collectively lumped together as “Appalachia” in the report, will see an increase of 78 MMcf/d (million cubic feet per day) in production next month. The M-U’s chief rival, the Haynesville, continues to see big growth, with an increase of 104 MMcf/d next month. The oil-based Permian will see an increase in natgas production of 115 MMcf/d due to associated gas coming out of the ground along with oil. The Permian’s oil production is set to hit a new all-time high this month, in December, and hit (for the first time ever) 5 million barrels of production per day in January.
    Read More “EIA DPR 12-2021: M-U Gas Production Still Lower than One Year Ago”

  • Allegheny County | Anti-Drilling/Fossil Fuel | Industrywide Issues | Pennsylvania | Wastewater

    Antis Gear Up to Fight 2nd Shale Wastewater Injection Well in Plum

    December 14, 2021December 14, 2021

    A long-fought-over wastewater injection well in Plum Boro (Allegheny County, Pittsburgh suburb) finally opened for business earlier this year, having overcome all sorts of smears and slanders and lawsuits by the enviro-left (see Plum Boro Injection Well in SWPA Now Open for Business!). In September, Penneco Environmental Solutions, the builder of the Plum injection well, announced plans to build a second wastewater injection well in Plum (see 2nd Shale Wastewater Injection Well Planned for Plum Boro in SWPA). Here we go again…
    Read More “Antis Gear Up to Fight 2nd Shale Wastewater Injection Well in Plum”

  • Energy Services | Industrywide Issues | M&A | Nuverra Environmental | Select Energy Services | Wastewater

    Nuverra Environmental Selling Itself to Select Energy for $45M

    December 14, 2021December 14, 2021

    Nuverra Environmental Solutions (formerly Heckmann) is one of the largest companies in the United States that handles the transportation and disposal of shale drilling wastewater and leftover rock and dirt from drilling. The company has major operations in the Marcellus/Utica region. Because of the company’s major operations in the M-U, we keep track of its performance. Quarter after quarter after quarter, for well over a year, the company has lost money (see our Nuverra stories here). The company has finally decided to call it quits–as an independent company. The board has voted to sell the entire company to competitor Select Energy Services, Inc.
    Read More “Nuverra Environmental Selling Itself to Select Energy for $45M”

  • Commodity Price | Industrywide Issues | Research

    S&P Platts Analytics: 10 Key Themes to 2022 Energy Outlook

    December 14, 2021December 14, 2021

    S&P Global Platts and its analytics division is a powerhouse provider of information, analysis, and benchmark prices for the commodities and energy markets. We often bring you their insights. Yesterday Platts Analytics released their 2022 energy outlook. Next year, Platts Analytics expects supply will catch up and exceed demand. Let that sink in. In 2022 we will see an increase in LNG exports, a rebound in U.S. shale oil, shale gas, and shale NGLs production–and the return of investment in non-OPEC production. You can guess what all that means for prices…
    Read More “S&P Platts Analytics: 10 Key Themes to 2022 Energy Outlook”

  • Energy Companies | EQT Corp

    EQT Announces $1B Stock Buyback & $0.50 per Year Dividend

    December 14, 2021December 14, 2021

    EQT Corporation yesterday announced that its board of directors has approved a $1.0 billion share repurchase program and has determined to reinstate its regular dividend (50 cents per share per year) starting in the first quarter of 2022. Why buy back shares of your own stock?
    Read More “EQT Announces $1B Stock Buyback & $0.50 per Year Dividend”

  • Best of the Rest

    Other Stories of Interest: Tue, Dec 14, 2021

    December 14, 2021December 14, 2021

    MARCELLUS/UTICA REGION: Southwestern announces pricing of 63,976,376 shares of common stock for sale; OTHER U.S. REGIONS: Venture Global earns commissioning approval at Calcasieu Pass LNG; NATIONAL: Biden reserve sale yet to inspire action from others; Investor group to hit Exxon on climate; Harris unveils plan for electric vehicle charging network; The real climate and health crisis; How Biden’s agencies order hits natural gas; Williams announces CFO and CAO appointments; INTERNATIONAL: Putin’s coup in India will shock the U.S.
    Read More “Other Stories of Interest: Tue, Dec 14, 2021”

  • Energy Services | Energy Transfer Partners | Industrywide Issues | Pennsylvania | Pipelines | Regulation | Statewide PA | Sunoco Logistics

    PA DEP Signals Reissue of Erosion & Sediment Permits for ME2 Pipe

    December 13, 2021December 13, 2021

    In August of this year, co-CEO of Energy Transfer, Tom Long, said “the final phase of the Mariner East Pipeline is expected to be completed in the fourth quarter of 2021” (see Energy Transfer: Mariner East Volumes Up in 2Q, Project Done in 4Q). So much for that prediction. A few major hurdles were recently scaled in order to finally complete the project, including a slight reroute in the Marsh Creek Lake area (see PA DEP Approves ME2 Plan to Finish Pipe Thru Marsh Creek Lake Area). However, there are still a few other locations where work needs to be buttoned up across the state as well.
    Read More “PA DEP Signals Reissue of Erosion & Sediment Permits for ME2 Pipe”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA DEP Releases Final Onerous Methane Regs – Antis Still Not Happy

    December 13, 2021October 1, 2022

    In December 2019 the Pennsylvania Dept. of Environmental Protection’s (DEP) Environmental Quality Board (EQB) approved onerous new regulations that supposedly will capture every last molecule of stray methane that leaks from shale drilling operations (see PA DEP Goes WAY Too Far in Approving New Methane Regulations). The new regs are unnecessary and will shut down even more shale drilling operations in the state. After years of false starts and changes and tweaks, the DEP has finally issued a final version of the regs (full copy below) that the agency intends to implement beginning mid-next year.
    Read More “PA DEP Releases Final Onerous Methane Regs – Antis Still Not Happy”

  • Anti-Drilling/Fossil Fuel | Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Pipelines | Regulation | Statewide VA | Virginia

    False Prophet Preaches Against MVP as Va. Permit Vote Nears

    December 13, 2021December 13, 2021

    Far-left Democrat and so-called civil rights “leader” Rev. William Barber II “preached” to a crowd of fellow lefties on Saturday. The topic of the reverend’s sermon? The evil, racist Mountain Valley Pipeline (MVP). We bet you didn’t know that MVP is “an abusive sin,” did you? Yeah, it’s right there in Revelation. That’s what Rev. Barber told his audience. That evil ole’ snaking pipeline will “harm the poor” and people of color. The rally was arranged ahead of this week’s Virginia State Water Control Board vote (on Tuesday) to allow MVP to cross minor creeks and swamps in the state.
    Read More “False Prophet Preaches Against MVP as Va. Permit Vote Nears”

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