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Marcellus Drilling News
  • Industrywide Issues | Regulation | Statewide WV | West Virginia

    WV Sen. Manchin May Block Biden’s Disastrous “Infrastructure” Plan

    April 13, 2021April 13, 2021

    We’re not big fans of U.S. Senator Joe Manchin (Democrat). He hails from Republican-leaning West Virginia, so he has to pass himself off as a “moderate” Democrat. When push comes to shove, we’ve noticed Manchin falls into line and obsequiously obeys Chuck Schumer’s commands. Yet perhaps, hope against hope, Manchin will show some spine and refuse to sign on to the $2 trillion shale energy-killing “infrastructure” plan Biden is pushing.
    Read More “WV Sen. Manchin May Block Biden’s Disastrous “Infrastructure” Plan”

  • Best of the Rest

    Other Stories of Interest: Tue, Apr 13, 2021

    April 13, 2021April 13, 2021

    MARCELLUS/UTICA REGION: As a large company’s president, I support RGGI to make Pa.’s businesses greener; NATIONAL: Could tiny sensors keep methane out of our atmosphere–and homes?; INTERNATIONAL: An anti-global warming hysteria book is driving Norwegian warming hysterics nuts; Russia tightens its grip on Europe’s natural gas markets.
    Read More “Other Stories of Interest: Tue, Apr 13, 2021”

  • Economic Impact | Industrywide Issues | Jobs | Muskingum County | Ohio

    How Small Ohio Businesses Benefit Big from Utica Shale Drilling

    April 12, 2021April 12, 2021

    One of the brightest of the bright spots in the Marcellus/Utica shale industry has been shale’s effect on local economies and jobs, as in more money and jobs flow to shale drilling counties. To counter all that good news left-leaning “media” outlets like the Pittsburgh Post-Gazette have run hit pieces, like this article in February: Report: Shale gas boom counties saw little growth in local jobs, income. Yet the reality is the opposite. The reality, as chronicled in a new article appearing in the Zanesville Times Recorder, is that shale energy has expanded both revenue and jobs for local businesses in regions with active shale drilling–including Muskingum County.
    Read More “How Small Ohio Businesses Benefit Big from Utica Shale Drilling”

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

    WV Passes Bill to Change O&G Well Valuations for Taxes

    April 12, 2021April 12, 2021

    The deed is done. On Saturday, the last day of the legislative session in 2021, the West Virginia Senate unanimously passed House Bill (HB) 2581 which changes how the State Tax Department values producing oil and gas wells for property tax purposes. As we told you last Thursday, the Senate version modified the bill from its original intent of allowing landowners to claim big deductions (see WV Senate Changes Bill that Revises O&G Well Valuations for Taxes). The fear was that counties would be shorted property tax revenue.
    Read More “WV Passes Bill to Change O&G Well Valuations for Taxes”

  • Antero Resources | Energy Companies

    Antero Top Management Reshuffles with Departure of Co-Founder

    April 12, 2021April 12, 2021

    Last week in our “best of the rest” links we included a note that one of the co-founders of Antero Resources, Glen Warren, is retiring effective the end of this month. Warren is currently President and Chief Financial Officer of Antero Resources and President of Antero Midstream. What we didn’t know at the time, but has since come to light, is a major reshuffling in top management that will happen following his departure.
    Read More “Antero Top Management Reshuffles with Departure of Co-Founder”

  • Anti-Drilling/Fossil Fuel | Chester County | Energy Services | Energy Transfer Partners | Industrywide Issues | Pennsylvania | Pipelines | Sunoco Logistics

    Antis Claim Muddy Water at ME2 Pipe Site Hurts Trout Fishing

    April 12, 2021April 12, 2021
    click for larger version

    Yet another ginned-up, faux controversy. Another fake news story emanating from the left (PBS in this case) about muddy water coming from a construction site near Philadelphia where the final pieces of the Mariner East 2 pipeline are getting installed. Without being able to point to a single dead fish, neighbors “fed up with the noise from Sunoco’s trucks and construction operations” are pointing to “murky brown water” and claiming “trout have a hard time surviving in muddy water.” Yet the Pennsylvania Dept. of Environmental Protection (DEP) says flat out there are no violations happening at the site.
    Read More “Antis Claim Muddy Water at ME2 Pipe Site Hurts Trout Fishing”

  • Carbon County | Industrywide Issues | Litigation | Pennsylvania

    Carbon County, PA Joins PA Senate Lawsuit Against DRBC Frack Ban

    April 12, 2021April 12, 2021
    Carbon County, PA

    Carbon County, PA is the latest county to join in and support Pennsylvania’s Republican State Senators suing the Delaware River Basin Commission (DRBC) over its ban on hydraulic fracturing. In a brilliant move aimed at boxing in the Delaware River Basin Commission (DRBC), two northeastern Pennsylvania State Senators–Gene Yaw and Lisa Baker–along with members of the PA Senate Republican Caucus (27 Senators in all), filed a lawsuit in January against the DRBC accusing the quasi-governmental agency of “taking” the property rights of PA residents without just compensation under the law (see PA Senators Sue DRBC for “Taking” Property re Frack Ban). A group of 16 left-wing PA Democrat Senators filed to “intervene” in the lawsuit (see Court Lets 16 Anti-Drilling PA Senate Democrats Join DRBC Lawsuit). The battle lines are drawn. PA counties are lining up to support the Republicans in the lawsuit.
    Read More “Carbon County, PA Joins PA Senate Lawsuit Against DRBC Frack Ban”

  • CNG/LNG | Exporting | Industrywide Issues | Research

    Cheniere Report Predicts LNG Demand Grows Thru 2040, Then Declines

    April 12, 2021April 12, 2021

    Cheniere Energy, the biggest LNG exporter operating in the U.S., published a “Climate Scenario Analysis Report” last week (full copy below). The report analyzes the long-term resilience of Cheniere’s business and the potential implications for LNG supply and demand in various future climate scenarios through 2040. Cheniere predicts LNG demand and exports to continue growing through 2040, but after that, LNG will decline due to continued global action to reduce so-called greenhouse gas emissions.
    Read More “Cheniere Report Predicts LNG Demand Grows Thru 2040, Then Declines”

  • Best of the Rest

    Other Stories of Interest: Mon, Apr 12, 2021

    April 12, 2021April 12, 2021

    MARCELLUS/UTICA REGION: Pennsylvania town saved by fracking fears Biden will kill its prosperity; Indian Point is shutting down. That means more fossil fuel.; Plug Power and Brookfield Renewable move forward with green hydrogen plant in PA; NATIONAL: How Oxy’s new carbon venture could become a true game-changer; INTERNATIONAL: For Mexico’s president, the future isn’t renewable energy — it’s coal; Qatar could throw a wrench in America’s ambitious LNG plans.
    Read More “Other Stories of Interest: Mon, Apr 12, 2021”

  • Energy Companies | Hydrogen | Industrywide Issues | M&A | Rice Energy

    Dan Rice Bets $1 Billion that Landfill Gas is the Next Big Thing

    April 9, 2021April 9, 2021

    Dan Rice IV, former CEO of Rice Energy and a board member of EQT Corp. (where his younger brother is now the CEO), is making a big bet–we’d call it a gamble–of $1 billion on so-called renewable natural gas, mainly from landfills. Rice’s “blank-check” acquisition firm, called Rice Acquisition Corp., is acquiring and merging together Archaea Energy ($347 million) and Aria Energy ($680 million) into a single company focused on providing renewable natural gas (RNG) and “green” hydrogen.
    Read More “Dan Rice Bets $1 Billion that Landfill Gas is the Next Big Thing”

  • Electrical Generation | Hydrogen | Industrywide Issues

    Conf Speaker: Hydrogen the “Next Chapter for Natural Gas” in M-U

    April 9, 2021April 9, 2021

    MDN editor Jim Willis attended (remotely) yesterday’s Appalachian Hydrogen & Carbon Capture Conference. The keynote speaker kicking things off was Nicholas Stork, CEO of Archaea Energy, the company Dan Rice is betting $1 billion on (see today’s lead story). In some ways, the conference was disturbing, with talk of “green” hydrogen in which shale gas plays no role. However, a number of the speakers predicted hydrogen would not be the end of, but instead the next chapter for, shale natural gas. In fact, the next chapter has already begun.
    Read More “Conf Speaker: Hydrogen the “Next Chapter for Natural Gas” in M-U”

  • Chesapeake Energy | Energy Companies | Epsilon Energy | Industrywide Issues | Litigation | Pennsylvania | Susquehanna County

    TX Judge Allows Epsilon to File New Lawsuit Against Chesapeake in PA

    April 9, 2021April 9, 2021

    Last week MDN told you that Epsilon Energy, which concentrates most of its effort on the Marcellus in Susquehanna County, PA, had sued its joint venture partner Chesapeake Energy over Chessy’s refusal to allow Epsilon to drill four shale wells on land Chessy doesn’t want to drill (see Epsilon Sues Chesapeake to Drill 4 Marcellus Wells, Court Overrules). We also told you the Texas bankruptcy judge that presided over Chesapeake’s recent Chapter 11 case ordered Epsilon to drop its lawsuit. The Texas judge has since modified his position.
    Read More “TX Judge Allows Epsilon to File New Lawsuit Against Chesapeake in PA”

  • Delaware County (PA) | Industrywide Issues | Pennsylvania | Pipelines

    Protesters Want PECO to Abandon Plans for NatGas Reliability Stn

    April 9, 2021April 9, 2021
    click for larger version

    Headquartered in Philadelphia, PECO (a subsidiary of Exelon Corp.) is Pennsylvania’s largest electric and natural gas utility, delivering power to more than 1.6 million electric customers and more than 532,000 natural gas customers in southeastern Pennsylvania. Last fall PECO floated a plan to build a natural gas reliability station in Marple Township (Delaware County, PA) to allow the company to distribute more natural gas into Delaware County through 11.5 miles of new natural gas main lines. As you might expect, the neighbors in the densely populated area of the reliability station are up in arms over the plan.
    Read More “Protesters Want PECO to Abandon Plans for NatGas Reliability Stn”

  • Industrywide Issues | Research

    Enverus Rig Count @ 528 (+9); Marcellus @ 31 (-2), Utica @ 13 (+1)

    April 9, 2021April 9, 2021

    The Enverus U.S. rig count continues to climb (a good sign). For the week ending April 7, the U.S. rig count climbed another 9 active rigs to 528. The Marcellus lost two rigs and ended the week with 31 active rigs. The Ohio Utica added one rig and now has 13 active rigs. The M-U combined has 44 active rigs. The other major shale gas play, the Haynesville, stayed even with 48 active rigs.
    Read More “Enverus Rig Count @ 528 (+9); Marcellus @ 31 (-2), Utica @ 13 (+1)”

  • Industrywide Issues | Research

    DOE Sec. Jennifer Granholm has the REMEDY for Methane Emissions

    April 9, 2021April 9, 2021

    We sometimes wonder if politicians understand how STUPID they sometimes sound (Sleazy Tiresome Uninformed Politicians Inventing Descriptions). Here’s the latest shining example: The Dept. of Energy, now under the thumb of the most unqualified person to be DOE Secretary in a generation, Jennifer Granholm, yesterday announced a new $35 million program aimed at reducing methane emissions in the oil, gas, and coal industries. Granholm is all proud of herself and thinks she’s quite clever by calling it the REMEDY program–Reducing Emissions of Methane Every Day of the Year. Does she know how STUPID she sounds?
    Read More “DOE Sec. Jennifer Granholm has the REMEDY for Methane Emissions”

  • Best of the Rest

    Other Stories of Interest: Fri, Apr 9, 2021

    April 9, 2021April 9, 2021

    MARCELLUS/UTICA REGION: Verde Bio Holdings announces acquisition of mineral and royalty interests; UGI companies join Natural Gas Supply Collaborative; Antero Resources announces retirement of co-founder Glen Warren; NATIONAL: Lawmakers tell Biden to maintain Army Corps permitting rule; Groups petition EPA to remove ethane and methane from list of compounds exempt from emissions limits.
    Read More “Other Stories of Interest: Fri, Apr 9, 2021”

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