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Marcellus Drilling News
  • Ascent Resources | Encino Energy | Energy Companies | Ohio | Statewide OH

    Current ‘State of the Utica Shale’ in Ohio – Cautious, Optimistic

    November 29, 2021November 29, 2021

    A reporter with the New Philadelphia (OH) Times Reporter recently chatted with both Mike Chadsey, director of public relations for the Ohio Oil and Gas Association (OOGA), and with MDN friend Jackie Stewart, director of external affairs for Encino Energy. The topic? What’s happening right now in the Ohio Utica Shale, and what do they see coming in the near future for shale energy in the Buckeye State. We’d sum it up by saying the industry is cautiously optimistic.
    Read More “Current ‘State of the Utica Shale’ in Ohio – Cautious, Optimistic”

  • Industrywide Issues | Regulation | Statewide WV | Taxation | West Virginia

    WV Legislature Takes Up Bungled NatGas Property Tax in December

    November 29, 2021November 29, 2021

    West Virginia, the state legislature in particular, is up to its collective neck in a mess of its own making. The legislature passed House Bill (HB) 2581 on the last day of the annual WV legislative session in April. HB 2581 changes how the State Tax Department values producing oil and gas wells for property tax purposes (see WV Passes Bill to Change O&G Well Valuations for Taxes). The bill was supposed to streamline and provide a fairer system for assessing taxes on oil and gas production. It seems to have done the opposite, creating a complex system that is currently mired in controversy with both drillers and landowners confused about how much of a tax bill they will owe next year. Next month the legislature will revisit HB 2581 and decide whether to fix it, or throw it out and start over.
    Read More “WV Legislature Takes Up Bungled NatGas Property Tax in December”

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

    Passaic County, NJ Resolution Opposing TGP Compressor Fails, Again

    November 29, 2021November 29, 2021

    Tennessee Gas Pipeline’s (TGP) plan to flow more Marcellus gas to Westchester and New York City is called the East 300 Upgrade Project. The project involves upgrades at two existing compressor stations (in Pennsylvania), along with building a brand new compressor station in West Milford (Passaic County), just across the border and not far from Westchester County, NY. For a second time this year, Passaic County commissioners have refused to vote in favor of a resolution opposing the project.
    Read More “Passaic County, NJ Resolution Opposing TGP Compressor Fails, Again”

  • Industrywide Issues | Research

    M-U Rig Count Drops then Rebounds; Production Near All-Time High

    November 29, 2021November 29, 2021

    Something strange is happening–has been happening for years now. When we first started to cover the Marcellus/Utica on the MDN site in January 2009, the received wisdom was “the more active rigs, the more production,” and conversely, “fewer active rigs will lead to less production.” But a funny thing happened on the way to the forum. Drillers got better at drilling. More efficient. And more production could be had from fewer wells and less drilling of wells. Even though rig counts go down and stay down, production stays the same or goes up. That’s the situation we find ourselves in currently.
    Read More “M-U Rig Count Drops then Rebounds; Production Near All-Time High”

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

    Canadian Radical Threatens to Blow Up Oil & Gas Pipelines

    November 29, 2021November 29, 2021

    Leftists are not only anti-fossil fuels and anti-freedom, they’re also (when they eventually don’t convince others with their inane arguments) violent. Case in point: David Suzuki, the so-called godfather of the Canadian environmental movement, warned over the weekend that if politicians don’t act to reverse climate change, there could be attacks against oil and gas infrastructure. He flat-out threatened to blow up pipelines. Why is this man not in jail?
    Read More “Canadian Radical Threatens to Blow Up Oil & Gas Pipelines”

  • Best of the Rest

    Other Stories of Interest: Mon, Nov 29, 2021

    November 29, 2021November 29, 2021

    MARCELLUS/UTICA REGION: Gas well project would be a benefit to Weirton; OTHER U.S. REGIONS: Three years before ban takes effect, state banning most fracking permits; NATIONAL: Manchin calls on Biden to restore Keystone XL pipeline; Biden’s blunder could send oil prices to $100; Biden administration released its fed land leasing review on Black Friday; John Kerry’s phony climate accomplishments; Is Jennifer Granholm even qualified to be U.S. Secretary of Energy?; INTERNATIONAL: Keystone XL developer seeks $15 billion in compensation; How Europe triggered an energy crisis.
    Read More “Other Stories of Interest: Mon, Nov 29, 2021”

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

    FERC Defends Decision to Approve Mountain Valley Pipeline in 2nd Circuit

    November 24, 2021November 24, 2021

    The Federal Energy Regulatory Commission (FERC) is (surprisingly, under the current regime) sticking up for its decision made during the Trump administration to allow Equitrans’ 303-mile Mountain Valley Pipeline (MVP) from West Virginia into Virginia to continue working on completion of the 92% done project. A coalition of Big Green groups has repeatedly, viciously challenged and tried to block completion of the pipeline, more than doubling costs for the project due to court delays. On Friday, FERC filed a defense of its orders from late last year to allow MVP to restart construction on all but a very few locations still being litigated (primarily a small section through Jefferson National Forest).
    Read More “FERC Defends Decision to Approve Mountain Valley Pipeline in 2nd Circuit”

  • Diversified Energy | Energy Companies

    Diversified CEO Says Majority of Co.’s Wells Can Produce 50+ Yrs

    November 24, 2021November 24, 2021

    Diversified Energy (formerly Diversified Gas & Oil) is a company that continues to fascinate us. Diversified’s CEO, Rusty Hutson, Jr., started the company in 2001 with just 35 old conventional wells in West Virginia. Today the company owns over 69,000 gas and oil wells! Most of them are conventional and located in the Appalachian region, although the company now owns over 400 shale wells too. The company’s strategy is to let others locate and drill new wells, and obtain the initial rush of production. But as those wells age and produce a small trickle of what they initially produced, most companies look to sell them. That’s where Diversified comes in, buying up those older, lower-producing wells. Even though the production is low, those old wells are like annuities that just keep steadily producing–for years. In fact, Hutson said in a recent interview that the majority of the 69,000+ wells Diversified owns will produce for “50, 60 years or more.”
    Read More “Diversified CEO Says Majority of Co.’s Wells Can Produce 50+ Yrs”

  • Industrywide Issues | Pipelines | Regulation

    Missouri PSC Attacks Free Speech, Orders Spire Pipe to Write Email

    November 24, 2021November 24, 2021

    What the heck? Did we just wake up in Stalinist Russia? The Missouri Public Utility Commission (MoPSC), which regulates public utilities in the state including the largest natural gas utility in the state (Spire, serving some 632,000 residents), has ordered Spire to send an email to customers fixing, retracting, correcting (whatever you want to call it) a previous email sent by Spire that warns customers they may soon be without natural gas because of the Federal Energy Regulatory Commission (FERC). Even though Spire’s original email warning is 100% the truth. Does MoPSC have that kind of tyrannical power, to force speech?
    Read More “Missouri PSC Attacks Free Speech, Orders Spire Pipe to Write Email”

  • Energy Services | Industrywide Issues | Luzerne County | Nacero | Pennsylvania | Processing Plants

    NEPA Gas-to-Gasoline Plant May Grow Prod in Pipe-Constrained Area

    November 24, 2021November 24, 2021

    Earlier this month we shared the exciting news that Nacero Inc. will build a $6 billion refinery on the site of a former coal mine in Newport Township and Nanticoke in Luzerne County, PA (see NEPA Huge Deal – $6B Plant to Convert Marcellus Gas to Gasoline). The plant will convert Marcellus natural gas into zero-sulfur gasoline for use in existing cars and trucks without modification. We have some expert analysis of this project and a closer look at the company building it.
    Read More “NEPA Gas-to-Gasoline Plant May Grow Prod in Pipe-Constrained Area”

  • Industrywide Issues | Pipelines | Regulation

    Squabbling Breaks Out at FERC Meeting Over Regulating GHG Emissions

    November 24, 2021November 24, 2021

    An interesting back and forth took place (we’d call it squabbling) at a technical conference last Friday hosted by the Federal Energy Regulatory Commission (FERC). FERC Chairman Richard “Dick” Glick pontificated that so-called global warming considerations must be made when evaluating new pipeline projects. He has used that excuse for years to vote against every single new pipeline project brought before him. Another FERC Commissioner, James Danly, pushed back and revealed flaws in Glick’s reasoning.
    Read More “Squabbling Breaks Out at FERC Meeting Over Regulating GHG Emissions”

  • Anti-Drilling/Fossil Fuel | CNG/LNG | Exporting | Industrywide Issues

    Russia Launches Propaganda Attack on U.S. “Fracked” Shale Gas

    November 24, 2021November 24, 2021
    Gazprom Neft’s oil refinery in Omsk, Russia February 10, 2020 (credit: Reuters)

    We sometimes wonder whether MDN readers believe us when we make statements about other countries, like Russia (and Vladimir Putin) as being enemies of the United States. “Oh, that’s just Jim popping off again. More hyperbole.” We hope not. We mean exactly what we say. And we can back it up with evidence. Take, for example, a press release issued by Gazprom, the Russia-owned natural gas powerhouse that exports natgas to other countries, primarily in Asia and Europe. When America figured out shale energy and fracking, we displaced Russia and Gazprom as the largest natural gas producer in the world. We quickly scooped up some of Russia’s customers with our LNG. Russia has been fighting to regain its top-dog position ever since. Yesterday Gazprom issued a propaganda press release (below) that directly attacks the U.S. shale industry and our LNG exports, trying to paint our natgas exports as “dirty”–the exact word they use.
    Read More “Russia Launches Propaganda Attack on U.S. “Fracked” Shale Gas”

  • Ascent Resources | Belmont County | Cameron County | Centre County | Clarion County | Coterra Energy (Cabot O&G) | Encino Energy | Energy Companies | EQT Corp | Harrison County | Jefferson County (OH) | Laurel Mountain Energy | Marion County | Marshall County | Ohio | Pennsylvania | Range Resources Corp | Seneca Resources | Susquehanna County | Tug Hill Operating | Washington County | Weekly Permits | West Virginia | XPR Resources

    32 New Shale Well Permits Issued for PA-OH-WV Nov 15-21

    November 24, 2021November 24, 2021

    Last week Pennsylvania issued 15 new permits for shale well drilling, up nicely from the prior week of just 2 new permits. Ohio issued 9 new permits last week, and West Virginia issued 8 new permits. All totaled, the M-U saw 32 new permits issued last week, the most we’ve seen in a single week for some time. More drilling on the way!
    Read More “32 New Shale Well Permits Issued for PA-OH-WV Nov 15-21”

  • Best of the Rest

    Other Stories of Interest: Wed, Nov 24, 2021

    November 24, 2021November 24, 2021

    OTHER U.S. REGIONS: Cheniere produces 1st LNG at Sabine Pass Train 6; NATIONAL: API, NOIA react to House reconciliation bill passage; Biden orders release of USA oil reserves; The upside of Biden’s oil move – good timing, and too small to hurt anything; New algorithm efficiently diagnoses shale fracture results from fiber-optic data; Regressive energy taxes hit poor and lower-income families, creates more inflation; INTERNATIONAL: Anti-OPEC+ officially emerges.
    Read More “Other Stories of Interest: Wed, Nov 24, 2021”

  • Industrywide Issues | Pennsylvania | Research | Statewide PA

    PA IFO Report – 3Q NatGas Production Up 6%, Avg Price Up 187%

    November 23, 2021April 20, 2022

    Yesterday the Pennsylvania Independent Fiscal Office (IFO) released their latest quarterly Natural Gas Production Report for July through September 2021 (full copy below). We have some encouraging news to share, along with some not-so-encouraging news. In 3Q21 the number of wells spud (begun to be drilled) was 111 new shale wells, the same number as in 3Q20, down from 2Q21’s 120 spud wells. On the positive side, gas production increased by 6.8% in 3Q21 over 3Q20. In fact, 3Q21 saw the highest quarterly production in the state for all time!
    Read More “PA IFO Report – 3Q NatGas Production Up 6%, Avg Price Up 187%”

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

    New Fortress Permit to Ship LNG by Rail May Expire on Nov. 30

    November 23, 2021November 23, 2021

    The environmental radicals on the left continue their push to defeat the construction of an $800 million liquefaction plant in Wyalusing (Bradford County), PA, meant to liquefy and ship LNG to a planned facility on the Delaware River, for exporting to other countries. The left’s latest ploy? Antis are proclaiming a special permit issued during the Trump administration that allows LNG from the Wyalusing plant to be shipped via special rail cars is about to expire at the end of this month and almost certainly won’t get renewed. In addition, antis have stirred up some of the liberal locals near the port facility where the LNG would get safely loaded onto ships. It is a continuing, coordinated two-pronged attack against the project.
    Read More “New Fortress Permit to Ship LNG by Rail May Expire on Nov. 30”

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