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Marcellus Drilling News
  • Hydrogen | Industrywide Issues | Statewide WV | West Virginia

    WV Submits Official Proposal to Get Federal $2B Hydrogen Hub

    March 23, 2022March 23, 2022

    Pennsylvania, Ohio, and West Virginia are all scrambling to form working groups or other alliances in an attempt to be THE state chosen for one of four regional hydrogen hubs funded by the recently passed so-called Biden infrastructure bill (see WV, OH, PA Compete Against Each Other to Attract $2B Hydrogen Hub). The new law provides $8 billion for four regional hydrogen hubs. It’s a safe bet one of those hubs will be located in either PA, OH, or WV. Out of the gate early in the race is WV. On Monday WV’s U.S. Senators Shelley Moore Capito and Joe Manchin, along with Congressman David McKinley and Governor Jim Justice, submitted the West Virginia Hydrogen Hub Working Coalition’s official application (full copy below) to the U.S. Department of Energy. This is the first (very important) step in the process to select winning hydrogen hubs funded by the Infrastructure Investment and Jobs Act.
    Read More “WV Submits Official Proposal to Get Federal $2B Hydrogen Hub”

  • Anti-Drilling/Fossil Fuel | Dominion Energy | Electrical Generation | Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Pipelines

    MVP Protester Wins SEC Support to Force Dominion Vote on Gas Assets

    March 23, 2022March 23, 2022

    Environmental radical Freeda Cathcart, who was once arrested for resisting and interfering with a U.S. Forest Service agent at the site of tree cutting for Mountain Valley Pipeline in Giles County, VA (see MVP Tree/Pole Sitters Select Wrong Area, Tree Cutting Continues), has successfully convinced the Bidenistas sitting on the Securities and Exchange Commission to allow a Dominion Energy shareholder vote to force the company to describe “how it is responding to the risk of stranded assets of planned natural gas based infrastructure and assets as the global response to climate change intensifies.” The vote is aimed at forcing Dominion to lessen and eventually dump, all natural gas-fired power generation the company operates.
    Read More “MVP Protester Wins SEC Support to Force Dominion Vote on Gas Assets”

  • CNG/LNG | Exporting | Industrywide Issues | Pipelines

    Prospects of Sending M-U Gas to Canadian St. John LNG Not Good

    March 23, 2022March 23, 2022

    In early March MDN brought you information from the Toronto Financial Post that said the Ukrainian crisis has put East Coast Canada LNG export facilities “back on the map” (see Ukraine Crisis Injects New Life into East Coast Canada LNG Exports). That post talked about two potential LNG export facilities. One of those facilities, Saint John LNG, is currently an LNG import facility. We have more details about that facility from RBN Energy, including information about the pipelines that connect to it. Our question is whether or not there’s a realistic chance that M-U molecules could and would ever flow to the Saint John facility for export.
    Read More “Prospects of Sending M-U Gas to Canadian St. John LNG Not Good”

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

    NJ Gov Wants to Force Use of Electric Boilers – 500% Higher Rates

    March 23, 2022March 23, 2022
    NJ Gov. Phil Murphy

    New Jersey Gov. Phil Murphy is a “national leader in forcing residents and businesses to pursue climate goals yielding virtuous feelings but resulting in no meaningful change in global or even national greenhouse gas warming.” Here’s the latest Murphy climate debacle. Murphy’s Dept. of Environmental Protection (DEP) has floated a plan forcing all entities using industrial and commercial boilers to power those boilers with electricity instead of natural gas by 2025 (three short years away). The DEP claimed it would only raise costs for operators by maybe 4-5%. As it turns out, someone at the DEP made a math error. The cost of using electricity over natural gas for the boilers, admits the DEP, is actually an increase of 400-500%! Whoops.
    Read More “NJ Gov Wants to Force Use of Electric Boilers – 500% Higher Rates”

  • BP | Coterra Energy (Cabot O&G) | Energy Companies | EQT Corp | Industrywide Issues | Research | Shell

    Natural Gas Marketed in North America Remains Even in 4Q21

    March 23, 2022March 23, 2022

    Each quarter NGI (Natural Gas Intelligence) runs the numbers and publishes a list of the 25 top natural gas marketers in the U.S. (or in the case of 4Q21, the top 22). These are not necessarily the top producers of natural gas, although in some cases they are, but the top sellers (vendors, jobbers) of natural gas. NGI’s latest quarterly report for the fourth quarter of 2021 shows overall the biggest sellers of natgas stayed dead even with the marketed gas from 4Q20, breaking a four-year trend of year-over-year declines in the amount of gas sold. That’s a good thing. As part of the analysis, NGI also provides numbers for all of 2021, showing marketed gas went down 2% overall in 2021 over 2020.
    Read More “Natural Gas Marketed in North America Remains Even in 4Q21”

  • Industrywide Issues

    Wells Fargo Bank #1 Fossil Fuel Lender – $28B in Deals Last Year

    March 23, 2022March 23, 2022

    It seems that every post we write about banks with respect to fossil fuels is about banks that have decided to stop lending and participating in loans made to fossil fuel companies. It’s time to start talking about the good guys–the banks that continue to make fossil energy loans. Sitting at the top of the list, according to the lefties at Bloomberg, is Wells Fargo Bank. In 2021 Wells Fargo put together (as “book­runner”) some $28 billion of fossil energy deals. The bank is going great guns in 2022 too. It’s time to give Wells Fargo a great big “attaboy” for continuing to fund fossil fuel projects.
    Read More “Wells Fargo Bank #1 Fossil Fuel Lender – $28B in Deals Last Year”

  • Antero Resources | Ascent Resources | Butler County | Chief Oil & Gas | Coterra Energy (Cabot O&G) | Diversified Energy | Doddridge County | Energy Companies | Gulfport Energy | Jefferson County (OH) | Marshall County | Monroe County | Ohio | PennEnergy Resources | Pennsylvania | Sullivan County | Susquehanna County | Tug Hill Operating | Weekly Permits | West Virginia

    20 New Shale Well Permits Issued for PA-OH-WV Mar 14-20

    March 23, 2022March 23, 2022

    We’re back to covering just a single week of new permits issued. The good news is that the PA DEP’s reporting site was still up and online over the past week, so we have numbers! In Pennsylvania, 11 new permits were issued last week, with Coterra Energy (formerly Cabot Oil & Gas) getting the lion’s share (nine permits), all of them in Susquehanna County on two well pads. Ohio issued seven new permits last week, with Gulfport Energy scoring four of the seven, all on the same pad. West Virginia issued just two new permits, one to Antero Resources and the other to Tug Hill Operating.
    Read More “20 New Shale Well Permits Issued for PA-OH-WV Mar 14-20”

  • Best of the Rest

    Other Stories of Interest: Wed, Mar 23, 2022

    March 23, 2022March 23, 2022

    NATIONAL: New oil related billboard erected in Times Square; U.S. imports more petroleum products than crude oil from Russia; Biden is in climate denial; INTERNATIONAL: Assessing reliability of estimates of greenhouse gas intensity for crude oil; Oil market players struggling for answers; EU leaders to agree to jointly buy gas, LNG this year.
    Read More “Other Stories of Interest: Wed, Mar 23, 2022”

  • Anti-Drilling/Fossil Fuel | Bradford County | CNG/LNG | Energy Services | Exporting | Industrywide Issues | New Fortress Energy | Pennsylvania | Regulation | Statewide PA

    NFE Caves to Radicals, “Pulls the Plug” on Wyalusing, PA LNG Plant

    March 22, 2022April 7, 2022

    It’s always a sad day when radical Big Green groups win a victory over American energy. Such has happened with the New Fortress Energy (NFE) LNG plant proposed for Wyalusing in Bradford County, PA. Three Big Green groups challenged an extension for a permit previously issued for a new liquefaction facility proposed by NFE located in northeastern PA. NFE has caved and agreed that should it proceed with the project, it will need to file all over again and get a new permit–which doesn’t look likely.
    Read More “NFE Caves to Radicals, “Pulls the Plug” on Wyalusing, PA LNG Plant”

  • Energy Services | Eureka Resources | Industrywide Issues | Pennsylvania | Processing Plants | Susquehanna County | Wastewater

    Town, County Approve Marcellus Wastewater Recycling Plant in Dimock

    March 22, 2022March 22, 2022

    One year ago, in March 2021, Eureka Resources announced plans to build a Marcellus Shale wastewater treatment facility in Dimock (Susquehanna County), Pennsylvania (see Eureka Building Marcellus Wastewater Recycling Plant in Dimock, PA). Yep, that Dimock, the one made famous by the lying Josh Fox of Gasland fame. While the Pennsylvania Dept. of Environmental Protection (DEP) has not yet signed off on the facility, we do have progress to report. Both Dimock Township and the Susquehanna County Planning Commission have given their stamp of approval for the project.
    Read More “Town, County Approve Marcellus Wastewater Recycling Plant in Dimock”

  • Energy Services | ESG | Industrywide Issues | Pipelines | Williams

    Williams Using Context Labs to Certify Responsible NatGas Delivery

    March 22, 2022March 22, 2022

    Drillers have their certification schemes to prove the natural gas they extract is “responsible”–meaning most if not all of the methane doesn’t leak as it’s extracted (see Who Certifies Responsibly Sourced Gas (RSG) & How Does it Work?). It seems that pipeline companies are developing their own specific certification schemes to ensure natural gas handed off to them by drillers is delivered as responsibly as it’s extracted out of the ground. That is, with little or no emissions escaping (like a fugitive) into the atmosphere where it supposedly warms the earth. Pipeline giant Williams announced yesterday it will use new technology developed by Context Labs to track and verify gas is responsible–from the wellhead to the customers who take delivery.
    Read More “Williams Using Context Labs to Certify Responsible NatGas Delivery”

  • Pennsylvania | Statewide PA

    The Key to Defeating Putin & Saving Ukraine? Pennsylvania NatGas

    March 22, 2022March 22, 2022

    Since the beginning of Vladimir Putin’s unprovoked war of aggression against Ukraine, we’ve read a number of articles about how American energy can reduce the impact of Putin’s war by supplying Europe with oil and natural gas. However, one such article appearing on Fox Business stands above all the rest. It’s well written and makes a strong case that Pennsylvania, specifically, has a critical role to play in helping to defeat Putin’s war on Ukraine. That role is ramping up Marcellus Shale gas production.
    Read More “The Key to Defeating Putin & Saving Ukraine? Pennsylvania NatGas”

  • ESG | Industrywide Issues | Regulation

    SEC Votes to Force Public Companies to Disclose Mythical GHG Risks

    March 22, 2022March 22, 2022

    You can’t quantify it. Heck, you can’t even actually prove it’s happening. But the U.S. Securities and Environment (er a, Exchange) Commission, corrupted by the Bidenistas, will begin to force all publicly traded companies to disclose their so-called greenhouse gas (GHG) emissions and the imaginary climate risks their businesses face. It would be hilarious if not so sad. Our country is rapidly descending into Communism–there’s no other way to say it. Companies will now have to pretend they care about supposed man-caused global warming and cook up hokey methods for evaluating how much carbon dioxide not just themselves, but their customers “emit” into the air when using a company’s products (so-called Scope 3 emissions). Will companies be forced to count the exhalations for each employee, since every time a person exhales they breathe out CO2? This is a COMPLETE disaster.
    Read More “SEC Votes to Force Public Companies to Disclose Mythical GHG Risks”

  • Industrywide Issues | Pipelines | Regulation

    FERC Attorney Says Russia War Means New Global Warming Regs Must Go

    March 22, 2022March 22, 2022

    William S. Scherman worked as general counsel (the head lawyer) for the Federal Energy Regulatory Commission (FERC) from 1990-1993, during the presidency of George H.W. Bush (the elder Bush). Scherman worked in FERC when Iraq invaded Kuwait. President Bush wanted options from FERC, asap, about what the agency could do to help alleviate an energy crisis being caused by madman Saddam Hussein. Sound familiar with what’s happening today? Back then FERC went on a “wartime footing” and relaxed rules that restricted the output of traditional and alternative electric generators and granted special permission for natural gas to be produced and transported flexibly and freely nationwide. Scherman says it’s time for FERC to go on wartime footing again.
    Read More “FERC Attorney Says Russia War Means New Global Warming Regs Must Go”

  • Best of the Rest

    Other Stories of Interest: Tue, Mar 22, 2022

    March 22, 2022March 22, 2022

    OTHER U.S. REGIONS: How blue-state policies are making America more dependent on hostile foreign oil; NATIONAL: American liquefied natural gas can replace more Russian gas; Largest federal utility chooses gas, undermining Biden’s climate goals; INTERNATIONAL: Has Russia ostracized itself from global oil market for good?; Halliburton, Schlumberger, Baker Hughes freeze Russian ops; IEA plan won’t snip Europe’s energy ties to Russia.
    Read More “Other Stories of Interest: Tue, Mar 22, 2022”

  • Energy Companies | EQT Corp | Rice Energy

    EQT CEO Toby Rice’s Unconventional Rise to Run US’s #1 Gas Co

    March 21, 2022March 21, 2022

    You might think that Toby Rice, son of Daniel Rice III who was, at one time (for over a decade), the single most successful and profitable mutual fund manager in the world, was born with a silver spoon in his mouth. You might think that everything was given to Toby Rice on a silver platter. You would be wrong. Prior to running the largest natural gas producer in the U.S., Toby Rice was, among other professions, a chimney sweep (cue the song from Mary Poppins, Chim Chim Cher-ee). He then swept floors for $9 an hour while he attended grad school to learn about fracking. Toby knows what it’s like to work (hard) for a living.
    Read More “EQT CEO Toby Rice’s Unconventional Rise to Run US’s #1 Gas Co”

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