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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Litigation | Pipelines

    MVP Seeks to Unmask Those Behind Anti-Pipe Facebook Group

    September 7, 2021September 7, 2021

    Antis love to work in anonymity. Some of them anyway. They love to anonymously lob lies and smears on Facebook and Twitter and other social media platforms about projects like the 303-mile Mountain Valley Pipeline (MVP) project. Just who is behind those social media accounts? MVP wants to know and has filed a subpoena in federal court asking Facebook to disclose who is behind the Facebook group Appalachians Against Pipelines. Facebook is only too happy to block conservative groups, but for some strange reason, Facebook likes to protect leftists. It’s called censorship and under our Constitution should be illegal. We’ll see if Facebook complies with the court order to disclose the identities of those behind the anti-MVP group.
    Read More “MVP Seeks to Unmask Those Behind Anti-Pipe Facebook Group”

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

    Fed Budget Bill Targets Fossil Fuels for Elimination – M-U Responds

    September 7, 2021September 7, 2021

    Not only is the $1.5 trillion infrastructure bill bad for the country (see Americans’ Right to Use NatGas Stripped Away by Infrastructure Bill), the so-called $3.5 trillion budget “reconciliation” bill is even worse–in so many ways. The budget reconciliation bill takes direct aim at eliminating the use of fossil fuels for energy. One way the bill targets fossil fuels is with a new tax on methane emissions. Another way is to force the conversion of power producers away from natural gas (and coal) and to solar and wind. We’ve seen how well that’s worked out in California with massive blackouts and now a hurried effort to build new gas-fired plants to prevent more blackouts.
    Read More “Fed Budget Bill Targets Fossil Fuels for Elimination – M-U Responds”

  • Electrical Generation | Industrywide Issues

    Bitcoin Mining Becoming Big Business in U.S. Oil & Gas Fields

    September 7, 2021September 7, 2021

    A group of some 200 oil and gas executives and “bitcoin miners” mixed, mingled, drank beer, and talked shop on a recent Wednesday night in August in Houston, Texas. The main topic of discussion: Using “stranded” natural gas to power bitcoin mining rigs, which reduces greenhouse gas emissions and makes money for the gas providers, as well as the miners. Bitcoin mining is becoming a big thing in the oil and gas patch. What is it?
    Read More “Bitcoin Mining Becoming Big Business in U.S. Oil & Gas Fields”

  • Best of the Rest

    Other Stories of Interest: Tue, Sep 7, 2021

    September 7, 2021September 7, 2021

    MARCELLUS/UTICA REGION: Southwestern Energy, Williams sponsor new teaching facilities; NATIONAL: Initial Ida hit to production surpasses Katrina; How the US became the world’s LNG price setter; Advocates push White House to nominate energy regulator; Is Joe Biden killing fracking for EVs?; INTERNATIONAL: Europe faces energy price shock with gas and power at records.
    Read More “Other Stories of Interest: Tue, Sep 7, 2021”

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

    NatGas Prices Stays High Even Tho M-U Hits Record High Production

    September 3, 2021September 3, 2021

    The price of natural gas has almost doubled over the past year. In September 2020 the NYMEX Henry Hub price stood at $2.41/MMBtu. Yesterday the price closed at $4.64/MMBtu. Astonishing! The question keeps coming: Why is the price of natgas high and staying high, even though production in the country’s largest shale gas basin–the Marcellus/Utica–is on the rise? It’s a paradox. The short answer is that (1) production in other basins has not bounced back like the M-U following the pandemic, and (2) there is more demand, in the form of exports, for American natgas (via pipeline and LNG). Increasing demand with the same or less supply equals higher prices.
    Read More “NatGas Prices Stays High Even Tho M-U Hits Record High Production”

  • Energy Services | Industrywide Issues | M&A | Statewide WV | UGI Energy Services | West Virginia

    PA’s UGI Finally Completes Purchase of WV’s Mountaineer Gas Co.

    September 3, 2021September 3, 2021

    In January MDN told you that UGI Corporation, one of Pennsylvania’s largest natural gas utility companies, wants to buy Mountaineer Gas Company, one of West Virginia’s largest natural gas utility companies, for $540 million (see PA’s UGI Corp. Deal to Buy WV’s Mountaineer Gas Company). UGI serves 700,000 customers across PA (and one county in Maryland). Mountaineer serves 215,000 customers across WV. Both companies are big buyers of Marcellus/Utica shale gas. Good news: The deal is now done and Mountaineer is officially a subsidiary of UGI.
    Read More “PA’s UGI Finally Completes Purchase of WV’s Mountaineer Gas Co.”

  • Industrywide Issues | Jobs | Ohio | Statewide OH

    Ohio Oil & Gas Jobs Average Salary $81,000/Year – How to Get One

    September 3, 2021September 3, 2021

    Looking for a great job? Looking to work hard, but make excellent money for your hard work? If you live in Ohio, the answer to your job search lies in the oil and gas industry. The Ohio Oil and Gas Energy Education Program (OOGEEP) says there are more than 75 types of jobs in the Ohio oil and gas sector, with many jobs in welding, truck driving, and engineering. As of Aug. 19, there are 1,140 jobs available. And get this: Careers in oil and gas pay on average $30,000 more than other fields and average roughly $81,000 a year!
    Read More “Ohio Oil & Gas Jobs Average Salary $81,000/Year – How to Get One”

  • Energy Companies | ESG | Industrywide Issues | Seneca Resources

    Seneca Resources Jumps on “Responsibly Sourced Gas” Bandwagon

    September 3, 2021September 3, 2021

    Whether we think it’s a good idea or not (we don’t), there is no denying that the Marcellus/Utica industry has collectively jumped off the RSG/ESG cliff. RSG stands for “responsibly sourced gas” and ESG is “environmental, social, governance.” Responding to pressure from investors and customers, most M-U drillers are now making moves to prove the natural gas they produce has been produced using practices that protect the environment. We say the gas has always been produced responsibly and we have nothing further to prove, but hey, who are we? The latest to join the crowd is Seneca Resources. The company announced yesterday will use Project Canary to certify its natural gas.
    Read More “Seneca Resources Jumps on “Responsibly Sourced Gas” Bandwagon”

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

    Bloomberg Attacks ME2 Pipeline Using ‘Methane Plumes’ in Midwest

    September 3, 2021September 3, 2021
    methane plume – in the Arctic!

    Will readers of the Philadelphia Inquirer fall for the blatant, misleading, “this has nothing to do with that” scaremongering offered up by the extreme left “reporters” at Bloomberg? The Inquirer is running an “article” (i.e. left-wing propaganda) from Bloomberg that accuses an Energy Transfer pipeline in the Midwest of creating a “methane plume” (which isn’t one, actually). Since ET built and maintains that pipeline, the Bloomberg “reporters” imply the Mariner East 2 pipeline the company is in the process of completing *this year* in Pennsylvania will also be a methane belcher that pollutes Mom Earth and will fry us all. How sad. How sick.
    Read More “Bloomberg Attacks ME2 Pipeline Using ‘Methane Plumes’ in Midwest”

  • Industrywide Issues | Research

    Enverus Rig Count @ 623 (+2); Marcellus @ 32 (+0), Utica @ 12 (-1)

    September 3, 2021September 3, 2021

    The latest weekly Enverus U.S. rig count shows total rigs regained some recently-lost ground to hit almost a new post-pandemic high. For the week ending September 2, the rig count stood at 623, up 2 rigs from the previous week. The Marcellus stayed even and the Utica lost 1 rig from the previous week. Collectively the M-U currently operates 44 rigs.
    Read More “Enverus Rig Count @ 623 (+2); Marcellus @ 32 (+0), Utica @ 12 (-1)”

  • Best of the Rest

    Other Stories of Interest: Fri, Sep 3, 2021

    September 3, 2021September 3, 2021

    MARCELLUS/UTICA REGION: Bipartisan vote by PA House Committee approves resolution to carbon tax; Yaw angry over greenhouse gas compact vote; NATIONAL: The growing misuse of satellite monitoring data; US weekly LNG exports and Henry Hub climb; Fleet investment in near-zero emission natural gas trucks increases; New research raises concern about electric vehicles’ prospects; INTERNATIONAL: UK faces stark energy choice.
    Read More “Other Stories of Interest: Fri, Sep 3, 2021”

  • Industrywide Issues | Pipelines | Research

    M-U Production Hits Record High in 1H21 – Most of It Heads Midwest

    September 2, 2021April 20, 2022

    Our favorite government agency, the U.S. Energy Information Administration (EIA), published a post yesterday noting the Marcellus/Utica region set a new record high for natural gas production for the first six months of 2021. That caught our eye. However, it was a chart in that post that stopped us in our tracks. The chart shows pipeline takeaway capacity to other regions outside of the northeast. We always thought most of our gas went to the Southeast. Not so! The bulk of the gas flowing from the M-U goes to the Midwest.
    Read More “M-U Production Hits Record High in 1H21 – Most of It Heads Midwest”

  • Commodity Price | Industrywide Issues

    NYMEX Price Hits New Modern High $4.61 – M-U Spot Prices Climb Too

    September 2, 2021September 2, 2021

    On Monday MDN told you that given supplies of natural gas going offline on the Gulf of Mexico due to Hurricane Ida, and given that the hurricane missed major LNG export facilities (meaning they will continue to operate and export gas), the price of natural gas was/is skyrocketing (see NatGas Prices Soar with Hurricane Ida Shutting Down Gulf Production). At the time we told you that according to some analysts, natgas was on its way to a modern-era high of $4.50 or more. Yesterday the NYMEX price at the Henry Hub flew by that level, closing at $4.61. That didn’t take long!
    Read More “NYMEX Price Hits New Modern High $4.61 – M-U Spot Prices Climb Too”

  • Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    Liberals on PA’s IRRC Vote to Approve Insane RGGI Carbon Tax

    September 2, 2021September 2, 2021

    Yesterday the Pennsylvania Independent Regulatory Review Commission (IRRC) voted to approve the final Environmental Quality Board regulation to slap an insanely high carbon tax, euphemistically called the Regional Greenhouse Gas Initiative (RGGI), on PA’s coal and natural gas-fired power plants. The partisan vote was 3-2 (Democrats voting for, Republicans against) in favor of hiking electric rates by an extra $2.36 billion over the next 10 years. Is there any way to stop Gov. Tom Wolf’s illegal entry into RGGI?
    Read More “Liberals on PA’s IRRC Vote to Approve Insane RGGI Carbon Tax”

  • Energy Companies | Industrywide Issues | Litigation | Penn Production

    Investor Sues Founder of Penn Production for Breach of Contract

    September 2, 2021September 2, 2021

    In early August MDN told you about privately-owned Penn Production Group, LLC, which concentrates on exploration and production for oil and gas in western Pennsylvania. Penn Production closed on the purchase of certain assets owned by Greylock Energy in Clearfield County, PA (see Penn Production Buys Greylock Assets in Clearfield County, PA). It was the first time the company had appeared on our radar screen. Since the Greylock purchase, controversy has erupted at the company.
    Read More “Investor Sues Founder of Penn Production for Breach of Contract”

  • Industrywide Issues | Ohio | Roads | Statewide OH | Wastewater

    OH DOT to Stop Buying Deicer Made from Conventional Wastewater

    September 2, 2021September 2, 2021

    Once again the issue of whether or not to use conventional (not shale) wastewater and its byproducts is in the news. The issue has long been debated in Pennsylvania. Earlier this week we brought you news from a recent study that finds more studies should be done on the issue of using brine wastewater to treat dusty roads in PA (see Study Says More Studies Needed re Using Brine to Treat Dusty Roads). Now comes word that the Ohio Department of Transportation (ODOT) plans to stop purchasing a deicer made from processed brine drawn from conventional oil and gas wells. So-called environmentalists claim the deicer is radioactive.
    Read More “OH DOT to Stop Buying Deicer Made from Conventional Wastewater”

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