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Marcellus Drilling News
  • Enbridge | Energy Services | Industrywide Issues | Pipelines | Regulation

    Maine PUC Says Shutting Weymouth, MA Compressor a Really Bad Idea

    May 21, 2021May 21, 2021

    In February the Democrat-controlled Federal Energy Regulatory Commission (FERC) said it would accept comments from the public on whether or not the Commission should willy nilly shut down a legally permitted, already built, and successfully running compressor station in Weymouth, Massachusetts (see FERC Considers Canceling Already Built/Running Weymouth Compressor). Nothing like changing the rules of the game after the game has already been played, right? The comments on whether to shutter the Weymouth compressor have come in fast and furious. Among those who don’t want the compressor shut down is the entire state of Maine.
    Read More “Maine PUC Says Shutting Weymouth, MA Compressor a Really Bad Idea”

  • Chesapeake Energy | Energy Companies | Industrywide Issues | Litigation | Pennsylvania | Regulation | Statewide PA

    Judge Signs Off on $1.9M Fine for Chesapeake PA Wetland Violations

    May 21, 2021May 21, 2021

    Back in March MDN told you about supposed violations by Chesapeake Energy of the federal Clean Water Act and the Pennsylvania Clean Streams Law and Dam Safety and Encroachments Act by failing to identify and protect swamps (i.e. wetlands) at a number of oil and gas well sites in Pennsylvania (see Chesapeake Fined $1.9M for Wetland Violations at 76 PA Well Sites). Chessy agreed to pay $1.9 million, something called a “Consent Decree” to make it go away. Yesterday a federal judge approved the deal. Chessy can now get out its checkbook. But the checks won’t stop at a piddly $1.9 million.
    Read More “Judge Signs Off on $1.9M Fine for Chesapeake PA Wetland Violations”

  • Industrywide Issues | Kentucky | Litigation | Pipelines

    Pass the Jim Beam! Judge Clears Way for Gas Pipe Near Louisville, KY

    May 21, 2021May 21, 2021

    Louisville Gas and Electric Company (LG&E) has Kentucky state approval to build a new 12-inch, 12-mile pipeline near Louisville to supply gas to 62 homes and businesses that can’t connect to LG&E’s local natgas utility system. The local Bernheim Arboretum has resisted attempts to build across three-tenths of one percent (0.028%) of Arboretum land–along an existing cleared path where electric lines already go (see KY Utility Hints at Defunding Local Arboretum Blocking New Pipe). Whatever. Antis tried to claim the only reason LG&E wants to build the pipeline is to feed the local Jim Beam production plant (see Antis Use Jim Beam to Try and Block Pipeline Near Louisville, KY). That flopped. Who doesn’t love Jim Beam? This week a judge ruled LG&E can use eminent domain and proceed with the project. Pull out your shot glass. Let’s get this party started!
    Read More “Pass the Jim Beam! Judge Clears Way for Gas Pipe Near Louisville, KY”

  • Industrywide Issues | Research

    Enverus Rig Count @ 543 (-12); Marcellus @ 33 (-2), Utica @ 11 (-1)

    May 21, 2021May 21, 2021

    After record gains since the beginning of the year, the Enverus U.S. rig count slid backwards over the past week, for the week ending May 19. The national rig count fell by 12, while the Marcellus lost two rigs (one each in the wet and dry gas regions), and the Utica lost one rig. The combined M-U now has 44 active rigs. The Haynesville in Louisiana (and East Texas), the main competitor to the M-U, lost one rig and now operates 50 active rigs.
    Read More “Enverus Rig Count @ 543 (-12); Marcellus @ 33 (-2), Utica @ 11 (-1)”

  • Best of the Rest

    Other Stories of Interest: Fri, May 21, 2021

    May 21, 2021May 21, 2021

    NATIONAL: Natural gas combined-cycle plant use varies by region and age; Economics continue to improve in US shale basins but operators hold steady; U.S. shale is finally giving shareholders a payday; John Kerry says U.S. does not ‘necessarily’ have to stop eating red meat; INTERNATIONAL: Energy transition clouds oil-gas outlook despite post-pandemic boost – Woodmac.
    Read More “Other Stories of Interest: Fri, May 21, 2021”

  • Belmont County | Energy Services | Ethane | Industrywide Issues | Ohio | Processing Plants | PTT Global

    Expert Says PTT Ethane Cracker in Belmont, OH Will Get Built

    May 20, 2021May 20, 2021

    We’ve written many articles about the potential PTT cracker plant since April 2015 when PTT, a huge petrochemical company based in Thailand, first announced they would consider building an ethane cracker plant in Ohio (see It’s Official: Belmont County Chosen as POSSIBLE Cracker Plant Site). PTT has teased a “final investment decision” (FID) to move forward and begin construction so many times over the years since then, we’ve lost count and we’ve become a bit jaded about the prospects for the project. However, someone we highly admire and respect, someone who really would know whether or not it will get built, now says he is “highly confident one way or another…it’s going to happen.”
    Read More “Expert Says PTT Ethane Cracker in Belmont, OH Will Get Built”

  • Belmont County | Lease & Royalty Payments | Monroe County | Ohio | Ohio County | West Virginia

    Verde Bio Holdings Buys Marcellus/Utica Royalties in WV & OH

    May 20, 2021May 20, 2021

    Over the years we’ve covered a number of stories about companies buying future royalty payments from landowners (and rights owners) for an upfront, one lump sum payment now. Normally the deals don’t disclose how much money changed hands for those upfront payments. We have some recent transactions from a newcomer to the Marcellus/Utica, a company willing to announce how much they paid to buy those rights, which caught our attention. We have financial details for a deal in the Marcellus, and details for a deal in the Utica to share with you. We have hard numbers for how much they paid to buy those royalty rights.
    Read More “Verde Bio Holdings Buys Marcellus/Utica Royalties in WV & OH”

  • Industrywide Issues | Ohio | Sand/Proppant | Statewide OH

    The Smaller the Utica Frac Sand Size, the Bigger the Profits

    May 20, 2021May 20, 2021

    We spotted an interesting article on the Forbes website about microproppants–really really tiny particles of sand or ceramic beads–and how the smaller the size of the proppant, the more likely it is to keep cracks in shale rock open and flowing natural gas and oil. In the Utica Shale, for example, a special kind of microproppant called DEEPROP will yield an additional revenue of $315,000 – $585,000 per thousand feet drilled. Show me the money!
    Read More “The Smaller the Utica Frac Sand Size, the Bigger the Profits”

  • Industrywide Issues | Pennsylvania | Statewide PA | Taxation

    Pittsburgh Works Together Biz/Labor Group Condemns Wolf Carbon Tax

    May 20, 2021May 20, 2021

    In March 2020, just as the COVID-19 pandemic was beginning to enter the public consciousness, some 500 people from labor unions and industry met in Pittsburgh to launch an organization called Pittsburgh Works Together (PWT), dedicated to fighting back against those who want to end southwest PA industries including steel, natural gas, and petrochemicals (see CNX CEO Backs New SWPA Group to Counter “Elites and Extremists”). The alliance is going strong and has just condemned PA Gov. Tom Wolf’s plan to force the state to join the Regional Greenhouse Gas Initiative (RGGI), nothing more than an obscene carbon tax on coal and gas-fired power plants.
    Read More “Pittsburgh Works Together Biz/Labor Group Condemns Wolf Carbon Tax”

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

    Global Warming Zealots Oppose NH Plan to Flow More NatGas via TGP

    May 20, 2021May 20, 2021
    click for larger version

    New England, in particular New Hampshire, needs more natural gas. That’s just a fact. Many homes and most of the electricity produced in the region comes from burning natural gas. Yet radical environmentalists continue to block such efforts. We’ve asked the following question for years: “Is it possible to build ANY kind of natgas pipeline in New England?” We got the answer last year when Liberty Utilities canceled the Granite Bridge Project–a small 27-mile natural gas pipeline to be buried along Route 101 from Stratham to Manchester (see NH’s Liberty Utilities Gives Up on $440M Natural Gas Pipeline). Liberty recently launched a plan to buy more natural gas from the existing Tennessee Gas Pipeline (TGP) that runs through the state. Environmental wackadoodles are now opposing that too!
    Read More “Global Warming Zealots Oppose NH Plan to Flow More NatGas via TGP”

  • Energy Services | Industrywide Issues | North Carolina | Pipelines | Transco

    NC Nervous About Having Just One Interstate NatGas Pipeline

    May 20, 2021May 20, 2021

    No doubt you heard about the ransomware attack on the Colonial Pipeline, a pipeline that flows a significant amount of refined products (gasoline and diesel fuel) from the Gulf Coast where it’s refined as far north as New Jersey. Most of the gasoline supply for states like North and South Carolina comes from the Colonial Pipeline. When the pipeline went offline for over a week, most gas stations in NC ran out of gas. It was panic city across the state. The outage pointed out the weakness of having most of a state’s supply of fuel provided by a single pipeline. Top officials in NC are equally (perhaps more) concerned that most of the state’s natural gas supply comes from a single interstate pipeline: the mighty Williams Transco pipeline.
    Read More “NC Nervous About Having Just One Interstate NatGas Pipeline”

  • Best of the Rest

    Other Stories of Interest: Thu, May 20, 2021

    May 20, 2021May 20, 2021

    MARCELLUS/UTICA REGION: DeIuliis calls on companies to invest more on local economically disadvantaged parts of region; NATIONAL: February 2021 drop in U.S. ethane demand was largest monthly decline on record; U.S. Senate Republicans readying new infrastructure proposal; Hydrogen markets looking for regulatory attention; INTERNATIONAL: New IEA net zero roadmap undermines America’s energy security; US waives sanctions against Nord Stream 2 developers.
    Read More “Other Stories of Interest: Thu, May 20, 2021”

  • Energy Companies | Gulfport Energy

    Gulfport Energy Emerges from Bankruptcy w/New Board, CEO/CFO Gone

    May 19, 2021May 19, 2021

    Last November Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), filed for a “pre-arranged” Chapter 11 bankruptcy (see Gulfport Energy Files for Pre-arranged Chapter 11 Bankruptcy). Gulfport’s bankruptcy road has been bumpy (see Gulfport’s Bumpy Bankruptcy – Asset Transfer, Exec Bonuses Questioned). The bumps are now gone, along with the former CEO, CFO, and board of directors.
    Read More “Gulfport Energy Emerges from Bankruptcy w/New Board, CEO/CFO Gone”

  • Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues | New York | Yates County

    Upstate NY Bitcoin Miner Faces Opposition from Enviro-Left

    May 19, 2021May 19, 2021

    New York State has become outright hostile to any business remotely connected to fossil fuels. NY is prejudiced and discriminates against oil and natural gas. The latest example is a “bitcoin miner” that uses natural gas to produce electricity to power some serious computers. Even though the company is doing its best to atone for its “sin” of using natural gas via buying indulgences (aka carbon offsets), environmentalist wackos still oppose the facility located in Dresden, near beautiful Seneca Lake (one of New York’s Finger Lakes) in the central part of the state.
    Read More “Upstate NY Bitcoin Miner Faces Opposition from Enviro-Left”

  • Electrical Generation | Energy Services | FirstEnergy | Industrywide Issues | Litigation | Ohio | Statewide OH

    Laughable: FirstEnergy Tells Judge $61M in Bribes Isn’t a Crime

    May 19, 2021May 19, 2021

    Ohio’s House Bill (HB) 6 law granted billions (plural) of dollars to FirstEnergy in an attempt to prop up the company’s economically failing nuclear power plants. FirstEnergy bribed state legislators to pass, and keep passed, HB 6 by paying out $61 million to a small group of insiders, including the now-former Speaker of the House (see FirstEnergy Involved in Bribery Scheme to Pass $1B Nuke Bailout Law). It is the biggest bribery scandal in Ohio history. FirstEnergy finally, openly, admitted they paid the bribe money just a few months ago (see FirstEnergy Admits to $61M Payment in Massive Bribery Scandal). However, the company refuses to admit that what they did is a crime!
    Read More “Laughable: FirstEnergy Tells Judge $61M in Bribes Isn’t a Crime”

  • Industrywide Issues | Research

    Intl Energy Agency Says World Should Stop All New O&G Development

    May 19, 2021May 19, 2021

    The International Energy Agency (IEA) is in somebody’s back pocket–like Saudi Arabia, or maybe some of the other OPEC members. How do we know? The IEA has just published a nonsensical “report” called “Net Zero by 2050: A Roadmap for the Global Energy Sector” (full copy below). In the report, IEA makes the preposterous claim that if the world (i.e. the U.S.) doesn’t stop all new drilling for oil and gas right now, today, the earth will toast itself into oblivion by 2050. As we so often say, follow the money.
    Read More “Intl Energy Agency Says World Should Stop All New O&G Development”

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