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Marcellus Drilling News
  • Industrywide Issues | Regulation

    3 Senate RINOs Join Radical Dems to Reverse Trump Methane Rule

    April 29, 2021April 29, 2021

    Three Republican-in-Name-Only (RINO) U.S. Senators–Susan Collins from Maine (no surprise, she’s really a Democrat), Rob Portman from Ohio (kind of a surprise, although he is a swamp dweller), and Lindsay Graham of South Carolina (more of a surprise, he’s now reverting to his swamp-dwelling roots) have voted with every single lock-step, mind-numbed Democrat Senator (all 50 of them) to overturn President Trump’s commonsense tweaking of Obama’s extreme overregulation of methane emissions.
    Read More “3 Senate RINOs Join Radical Dems to Reverse Trump Methane Rule”

  • Chesapeake Energy | Energy Companies

    Doug Lawler Out as CEO of Chesapeake Energy

    April 28, 2021April 28, 2021
    Doug Lawler

    Some big news affecting the fourth-largest natural gas shale producer in Pennsylvania. Yesterday Chesapeake Energy announced its CEO, Doug Lawler, is out as of April 30th. No reason was offered for his departure. Given just a few years ago Lawler was making over $22 million per year in salary and bonuses, our guess is he was fired. Who walks away from that kind of money? However, we don’t know for sure. Nobody is talking right now.
    Read More “Doug Lawler Out as CEO of Chesapeake Energy”

  • Energy Companies | Range Resources Corp

    Range Gets Highest Prices for NGLs Since 2018 – 1Q21 Update

    April 28, 2021April 28, 2021

    Range Resources, the very first driller to sink a Marcellus well (back in 2004), released its first-quarter 2021 update and held a conference yesterday to review the numbers. The company reports the highest average premium (above benchmark) it has ever received for a barrel of natural gas liquids (NGLs) in Q1. Pricing was an average $26.35 a barrel for NGLs, up $8.33 a barrel compared to 4Q20 and up from $14.87 a barrel in 1Q20. However, the company reports a drop in income, down 84% from 1Q20. Fortunately, Range still made money in 1Q21–$27 million of income based on $193 million in cash flow.
    Read More “Range Gets Highest Prices for NGLs Since 2018 – 1Q21 Update”

  • Crestwood Midstream | Energy Services

    Crestwood Says Sale of Stagecoach JV Coming Soon – 1Q21 Update

    April 28, 2021April 28, 2021
    Stagecoach assets (click for larger version)

    In 2016 Crestwood Equity Partners formed a joint venture with New York City’s largest utility company, Consolidated Edison Inc., to operate a critical link of pipelines and storage facilities in the heart of the Marcellus/Utica called Stagecoach Gas Services (see Con Ed & Crestwood Seal the Deal on Marcellus Pipeline/Storage JV). In February we learned that Con Ed is looking to sell its 50% share of the Stagecoach jv (see Marcellus Stagecoach Sees Record Volumes, Con Ed Wants to Sell). We have an update on that effort, shared as part of Crestwood’s 1Q21 update.
    Read More “Crestwood Says Sale of Stagecoach JV Coming Soon – 1Q21 Update”

  • Enbridge | Energy Services | Industrywide Issues | Pipelines | Spectra Energy

    Weymouth Compressor Coming Back Online After Apr 6 Shutdown

    April 28, 2021April 28, 2021

    On April 6 the Weymouth, Mass. compressor station experienced its third “unplanned release” of methane and was shut down (see 3rd “Unplanned Release” of NatGas at Weymouth Compressor Station). The builder and owner, Enbridge, has alerted the state it will likely vent more natural gas between tomorrow and May 5th as it restarts operations at the plant. We’re glad the plant is restarting again. We had our doubts.
    Read More “Weymouth Compressor Coming Back Online After Apr 6 Shutdown”

  • Columbia Pipeline Group | Energy Services | Industrywide Issues | Litigation | Maryland | PennEast Pipeline | Pipelines | Statewide MD | TC Energy/TransCanada

    PennEast Supreme Court Case Key to Columbia Potomac Pipeline Too

    April 28, 2021April 28, 2021

    Here’s a connection we hadn’t made until we read about yesterday’s oral arguments before the U.S. Supreme Court in PennEast Pipeline vs. New Jersey. The connection is this: The PennEast case also has huge ramifications for another currently-stalled M-U pipeline. Columbia Gas wants to build a tiny 3.37-mile, 8-inch pipeline under the Potomac River from Maryland to West Virginia. It is being blocked from doing so by the lefties in Maryland (see Fed Judge Upholds Maryland Decision to Block Pipe Under Potomac). Maryland is using the same flawed argument NJ is using. If PennEast wins its case (which is likely), Columbia will have grounds to challenge Maryland.
    Read More “PennEast Supreme Court Case Key to Columbia Potomac Pipeline Too”

  • Ascent Resources | Bradford County | CNX Resources | EQT Corp | Greene County (PA) | Guernsey County | Monongalia County | Northeast Natural Energy | Ohio | Olympus/Huntley & Huntley | Pennsylvania | Tilden Bradford | Weekly Permits | West Virginia | Westmoreland County

    Weekly Shale Drilling Permits for PA, OH, WV: Apr 19-23

    April 28, 2021April 28, 2021

    All three M-U states received permits to drill new shale wells last week. Pennsylvania received a 6 new permits, most of them in the southwestern part of the state. Ohio received 4 new permits last week, all of them for Ascent Resources on the same Guernsey County pad. And West Virginia received 6 new permits split between CNX Resources and Northeast Natural Energy, all in one county: Monongalia.
    Read More “Weekly Shale Drilling Permits for PA, OH, WV: Apr 19-23”

  • Best of the Rest

    Other Stories of Interest: Wed, Apr 28, 2021

    April 28, 2021April 28, 2021

    MARCELLUS/UTICA REGION: Drilling past rocket science (video); PA Senate Environmental Committee approves bill mandating legislative oversight in RGGI; OTHER U.S. REGIONS: Crusoe Energy raises $128 million for natural gas-powered modular data centers; NATIONAL: U.S. energy imports declined in 2020, while exports remained largely unchanged; Precision’s U.S., Canada contract drilling escalating quickly as outlook ‘substantially improved’; Biden plan leaves an opening for financing of global gas projects; Jennifer Granholm’s tone deaf advice for the oil and gas industry; Plus and Cummins to develop first autonomous natural gas trucks; deployment in 2022; U.S. natgas at eight-week high on record exports and output slide; INTERNATIONAL: Electric cars: What will happen to all the dead batteries?
    Read More “Other Stories of Interest: Wed, Apr 28, 2021”

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

    Leftist Groups Pressure Gov. Wolf to “Expand” Onerous Methane Regs

    April 27, 2021April 27, 2021

    A coalition of hard-left, Democrat groups, including the Environmental Defense Fund (EDF), the Alliance of Nurses for Healthy Environments, “Conservatives” for Responsible Stewardship, Moms Clean Air Force, Evangelical Environmental Network, and Vet Voice Foundation, are attempting to pressure Pennsylvania Gov. Tom Wolf to make an already horrible so-called methane regulation even worse. They want Wolf to “expand” the regulation before it goes into effect. These people are consumed with man-made global warming mythology–with no objective evidence to back it up.
    Read More “Leftist Groups Pressure Gov. Wolf to “Expand” Onerous Methane Regs”

  • Anti-Drilling/Fossil Fuel | Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Statewide PA

    Philly Inquirer Goes Hard Left – PA Must “Manage Fracking Decline”

    April 27, 2021April 27, 2021

    While the Philadelphia Inquirer has at least one reliable and objective reporter working in its ranks–Andrew Maykuth–the same can’t be said for the lefties who populate the editorial board at the newspaper. Yesterday’s unsigned editorial declares that “Fracking jobs will disappear. Pennsylvania has to manage the decline.” Like he!!. The lefties on the editorial board base their brazen (and false) statements on Joe Biden’s plan to decimate the fossil fuel industry with his warmed-over Green New Deal vomit. The editorial board presumes Biden’s attempts will be successful. They will not.
    Read More “Philly Inquirer Goes Hard Left – PA Must “Manage Fracking Decline””

  • Energy Services | Industrywide Issues | Litigation | PennEast Pipeline | Pennsylvania | Statewide PA

    U.S. Supreme Court Hears PennEast vs. NJ Tomorrow – What’s at Stake

    April 27, 2021April 27, 2021

    Tomorrow the nine justices of the U.S. Supreme Court will hear oral arguments from the U.S. Solicitor General (and attorneys for FERC and PennEast Pipeline) on one side, and arguments from the State of New Jersey on the other side. The surface issue is whether or not PennEast can use a federally-delegated right of eminent domain to build a pipeline across several parcels of property NJ claims it controls (but doesn’t own). The deeper issue is whether or not the Natural Gas Act, amended by Congress in 1947, that allows eminent domain to be used by private companies when delegated by the government, will be ripped to shreds or not. The deeper issue is whether any new interstate pipelines will ever get built again.
    Read More “U.S. Supreme Court Hears PennEast vs. NJ Tomorrow – What’s at Stake”

  • Dominion Energy | Energy Services | Hydrogen | Industrywide Issues

    Dominion Energy Experiments with Adding Hydrogen to NatGas

    April 27, 2021April 27, 2021

    Dominion Energy is a huge company. Once upon a time, Dominion owned major pipeline assets throughout the Marcellus/Utica region. But in July of 2020 Dominion decided to sell their pipeline assets (and part of the Cove Point LNG export facility) to Warren Buffett for $9.7 billion (see Dominion Cancels Atlantic Coast Pipe, Sells Pipe Biz for $9.7B). These days Dominion focuses on their utility business–serving more than 7 million customers in 16 states (including parts of PA, OH, and WV) with electric and gas. Dominion is going all-in on becoming “carbon neutral” and “net zero greenhouse gas emissions”–whatever that means. The company has begun to experiment with mixing in small amounts of hydrogen (H2) with natural gas with an eye toward increasing the mix and eventually using all hydrogen instead of natural gas.
    Read More “Dominion Energy Experiments with Adding Hydrogen to NatGas”

  • Alternative Energy | Anti-Drilling/Fossil Fuel | Carbon Capture | Industrywide Issues

    Biden Gives $109M to Research How to End Use of Coal, Oil & Gas

    April 27, 2021April 27, 2021

    We’re kind of speechless and dumbfounded–but perhaps we shouldn’t be. Last week President Biden announced a new program to be funded with $109.5 million aimed at figuring out how to convince fossil fuel workers to be happy taking a huge pay cut and installing solar panels and windmills instead of making far more money in a far more meaningful job working in fossil fuels. Brian Anderson, director of the National Energy Technology Laboratory (NETL), headquartered in Pittsburgh, will lead the effort. How enormously sad that Anderson, someone we greatly admire, is out in front selling Biden’s bill of goods–the end of fossil energy.
    Read More “Biden Gives $109M to Research How to End Use of Coal, Oil & Gas”

  • Alternative Energy | Anti-Drilling/Fossil Fuel | Industrywide Issues

    O&G Drilling vs. Renewables Strip Mining – Which Hurts Planet More?

    April 27, 2021April 27, 2021
    strip mining

    From our earliest days of writing about the shale energy industry, we heard the phrase “every form of energy has its advantages and disadvantages.” We could not agree more. That includes so-called renewable energy. Did you know that it takes strip mining half a million pounds of dirt to get enough minerals to manufacture a 1,000-pound battery used in a single electric car? Right now almost all (90%) of that strip mining happens in other countries, like China and Russia. If we want to maintain our independence from our enemies (namely China and Russia), we have to restart strip mining here in the U.S. Like that’s going to happen anytime soon!
    Read More “O&G Drilling vs. Renewables Strip Mining – Which Hurts Planet More?”

  • Best of the Rest

    Other Stories of Interest: Tue, Apr 27, 2021

    April 27, 2021April 27, 2021

    OTHER U.S. REGIONS: Oil production in Alaska reaches lowest level in more than 40 years; NATIONAL: Moody’s outlook for global energy industry revised to positive on higher prices, demand recovery; Natural gas price prediction – prices rise despite warm weather forecast; Propane markets writhe due to supply/demand uncertainty; INTERNATIONAL: EU admits it can’t go net-zero without natural gas; Climate change has shifted the axis of the Earth, study shows.
    Read More “Other Stories of Interest: Tue, Apr 27, 2021”

  • Allegheny County | Anti-Drilling/Fossil Fuel | Energy Companies | Industrywide Issues | Merrion Oil & Gas | Pennsylvania

    US Steel Caves to Antis, Cancels Plan to Drill Marcellus Wells

    April 26, 2021April 26, 2021

    Here’s a new truism of life you may not have heard before: Be careful that the corporation you climb into bed with actually has a spine. Interestingly, U.S. Steel in East Pittsburgh, whom you would assume has a steel spine, doesn’t have a spine at all! Merrion Oil & Gas found that out the hard way. Merrion, a privately-owned oil and gas company headquartered in New Mexico, signed a lease with U.S. Steel to drill a series of up to 18 shale wells on the Edgar Thomson Works property in Allegheny County. Following blowback from loud-mouth anti-fossil fuel nutters, U.S. Steel decided the project isn’t worth the negative press. So they caved and canceled the lease with Merrion. Shame on U.S. Steel.
    Read More “US Steel Caves to Antis, Cancels Plan to Drill Marcellus Wells”

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