Search Results for: shell cracker

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PA Former Sec. Krancer: Frack Moratorium “Worse than Misguided”

MDN editor Jim Willis had the great pleasure of meeting and speaking with former PA Dept. of Environmental Protection (DEP) Sec. Michael Krancer at Shale Insight 2013 a few weeks ago. Jim doesn’t mind telling you what he told Sec. Krancer to his face: “I’m a huge fan!” Krancer did some great work at the…

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He’s Baaaack! Aubrey McClendon is Back in OH Shale Country

After being unceremoniously tossed out of the door at Chesapeake Energy (the company he founded) by corporate raider Carl Icahn, Aubrey McClendon is, according to the Columbus Dispatch and Upstream magazine, back and active in the Utica Shale with his new company American Energy Partners. There are four VERY interesting, juicy tidbits in the story about…

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US Sen Casey (PA) Wants Money for Marcellus Jobs Training

Politicians like U.S. Senator Bob Casey (from Pennsylvania) are sickening. He makes us want to throw up. Casey introduced and is lead sponsor of legislation in the Senate called the FRAC Act—Fracturing Responsibility and Awareness of Chemicals. It is an anti-drilling bill plain and simple. Casey has repeatedly called for federal intervention in his own…

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Williams Invests $4.5B on Midstream Plants in a Single WV County

Williams Partners–one of the largest midstream companies operating in both the Marcellus and Utica Shale–is investing a massive $4.5 billion on three processing facilities in Marshall County, WV. A single county! Pennsylvania is still hoping Shell will proceed with building an ethane cracker plant in Beaver County, PA and they’re gaga over the prospect of…

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Live from Columbus, OH… Utica Shale Confab – Day 2

Wednesday was the conclusion of the two-day 2nd Utica Shale Development & Growth Forum in Columbus, Ohio. MDN Editor Jim Willis moderated a panel of shale industry media reporters. It was fun! (See my presentation slides below.) We also heard speakers from MarkWest, Penn State’s Marcellus Center, and from Cabot Oil & Gas. Jim’s conference…

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Part 3 Chamber’s Shale Study: “Mind Blowing” for Jobs, Economy

In an interview with the Charleston Daily Mail, the U.S. Chamber of Commerce’s vice president for policy, Christopher Guith, called the soon-to-be-released third part of a study looking at the impact of the Marcellus and other shales “mind blowing” when it comes to the economic impact from midstream (pipelines) and downstream (petrochemicals) as they heat…

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Gulfport Adds Another 30K Utica Net Acres, Pays $10K/Acre

Gulfport Energy announced yesterday they have purchased another 30,000 Utica Shale acres in eastern Ohio for $300 million—or $10,000 per acre. That brings Gulfport’s grand total to 137,000 gross Utica Shale acres (99,000 net acres). Gulfport bought the acreage from its Utica Shale joint venture partner Wexford Capital. Perhaps a better way of phrasing it:…

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Pittsburgh Airport Leases Land to CONSOL

We have to wonder, was the fix in at the Pittsburgh Airport? MDN told you two weeks ago about the opening for two bids to drill on and under property owned by the Allgheny County Airport Authority (see this MDN story). EQT offered more than twice the per-acre signing bonus of CONSOL Energy. EQT’s bid…

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The Secret to Gulfport’s OH Utica Drilling Success

An excellent article on the Youngstown Business Journal website from Saturday delves into the question of why Gulfport Energy has (so far) turned in the most impressive results of all Utica Shale drilling in Ohio (see this MDN story for background on their success). Gulfport CEO Jim Palms credits better science and a little of…

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Columbiana County NGL Plant On Track for May Opening

An update on the excellent progress being made with the construction of a new $400 million natural gas liquids collection and processing plant being built in Hanoverton (Columbiana County), Ohio by M3 Midstream:

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PA Marcellus is “Global Superstar” of NatGas Plays

An opinion-editorial piece in today’s Harrisburg Patriot-News co-written by PA Dept. of Environmental Protection Sec. Michael Krancer and Gov. Tom Corbett’s energy executive Patrick Henderson touts Pennsylvania’s Marcellus Shale as the “global superstar of natural gas formations.” Referring to recently released reports from the IEA and S&P, here’s what else they said about the mighty…