MDN is updating our Calendar page more frequently to bring you the latest news on events of interest that have either been canceled, postponed, or in some cases, have gone virtual. We encourage you to review the list. A number of free and low-cost webinars and online events have popped up as an alternative to in-person meetings.
Read More “MDN Calendar: List of In-Person and Virtual O&G Events”
Enough! How many times do we have to put up with Obama/Clinton liberal Democrat judges from the U.S. Court of Appeals for the Fourth Circuit blocking the legal and legitimate construction of Mountain Valley Pipeline (MVP)–a project which is 92% in the ground and done! Last Friday the clowns did it again for the umpteenth time–slapping a “temporary” order blocking construction because the anti-America, Russia-backed Sierra Club filed yet another frivolous lawsuit against the project.
Read More “4th Circuit Clown Judges Once Again Stop MVP Construction”
Even if and when Mountain Valley Pipeline (MVP) gets completed and goes online, flowing Marcellus/Utica gas to the southern U.S., it still will not be enough to significantly lift the price of natgas for M-U drillers. That’s according to an analysis by the experts at S&P Global Platts.
Read More “Marcellus/Utica Needs More Pipelines – MVP Not Enough”
Sometimes plans change, for the better! That’s what has happened with a Marcellus-fired power plant planned for Clinton County, PA called the Renovo Energy Center. The last time we wrote about Renovo was in February 2018 (see Marcellus-Fired Electric Plant in Clinton County, PA Gets DEP Approval). Happily, the project is active once again–and it has been upsized.
Read More “Renovo Energy Center Roars Back to Life, Upsized to 1,240 MW”
Diversified Gas & Oil (DGO) is a fascinating company (see our DGO stories here). DGO’s strategy is to seek wells in “the long tail.” That is, wells already drilled with production along the decline curve. DGO CEO Rusty Hutson, a West Virginia native, recently wrote a column for the Charleston Gazette-Mail expressing his company’s love for and investment in the Mountain State. DGO’s commitment to WV is extensive.
Read More “Diversified Gas & Oil Employs 425, Spends $100M per Year in WV”
A month ago the analysts at S&P Global Market Intelligence reviewed permits issued for shale drilling in Pennsylvania and found there were 24% fewer permits issued in August 2020 than in August 2019 (see PA Shale Drilling Permits Down 24% in August, but EQT Roars Back). The analysts are back with an analysis of permits issued in PA for September year over year. The trend is worse.
Read More “PA Shale Permits Down 47% in Sept. ’20 Over Sept. ’19”
A newly published paper by researchers with Harvard University tried its best to make a connection between fracking and high levels of radiation–and failed. You won’t know that by reading biased media accounts of the study nor by reading comments from so-called experts reporting on the findings. But when you read the study itself (below), the inescapable conclusion is that Harvard researchers didn’t prove a darned thing, other than there’s no real threat to human (or animal) health from air emissions coming from fracked oil and gas wells.
Read More “Harvard Study Finds No Threat of Radioactivity from Fracking”
MARCELLUS/UTICA REGION: Union voters are at center of Trump vs. Biden battle for Pennsylvania; Pennsylvania governor tramples legislators to impose carbon taxes; OTHER U.S. REGIONS: Dakota Access oil pipeline clears hurdle to doubling capacity; NATIONAL: Natural gas generators make up largest share of U.S. electricity generation capacity; 4-Quadrant Model of climate change (video).
Read More “Other Stories of Interest: Mon, Oct 19, 2020”
The Enverus U.S. rig count rose by 13 to 336 over the past week, after having slid backward the week before (see Rig Count Slides Backward by 3, Marcellus Lost 2 Rigs Last Week). The best news? The Marcellus region gained four active rigs, two in the dry gas northeast region, and two in the wet gas southwest region. The Ohio Utica Shale maintained its seven active rigs.
Read More “Enverus US Rig Count Leaps Up 13, Marcellus Rigs Up by 4”
A small group of radicalized, spoiled rotten children held a protest yesterday on the Columbus campus of Ohio State University to protest…electricity. That is, they “demanded” (spoiled children always demand, ever notice that?) that OSU not build a clean-burning, Utica gas-fired electric plant. Ahh, kids, how will you get the electricity to recharge your iPhones so you can take self-absorbed selfies and post them on Instagram?
Read More “Group of Radicalized Ohio State Students Protest…Electricity”
The U.S. Court of Appeals for the First Circuit, located in Massachusetts, has ruled that Enbridge, builder of the Weymouth compressor station, can keep a previously-issued state permit for the station, a permit that allows it to operate. This is the final humiliation and defeat of rabid anti-fossil fuelers who dedicated themselves to blocking the plant.
Read More “Fed Court: Weymouth Compressor Can Keep State Permit”
We think we’ve spotted a potential new export market for northeastern Pennsylvania natural gas. New Fortress Energy (NFE) issued a joint announcement yesterday with the Philippine National Oil Company (PNOC) to say NFE will build LNG infrastructure and new gas-fired power plants in The Philippines. The two signed a “memorandum of understanding” (MOU).
Read More “Philippines Taps New Fortress for LNG Infrastructure, Power Plants”
Diversified Gas & Oil (DGO) is a fascinating company (see our DGO stories here). DGO’s strategy is to seek wells in “the long tail.” That is, wells already drilled with production along the decline curve. We spotted a post that describes how the company keeps producing a profit, even when prices are low.
Read More “Diversified Gas & Oil a “Top Pick” Due to Low Costs, Big Dividends”
LNG was the main reason for the huge drop in natural gas prices two days ago (see Sunken Barge in LA Helps Fuel $0.22 One-Day Drop in NatGas Price), and now LNG is the main reason those prices recovered much of what they lost, just one day later. Hop aboard the new dance craze called the LNG yo-yo!
Read More “After $0.22 Drop Two Days Ago, NatGas Price Up $0.14 Yesterday”
A huge “thank you” for the hundreds and hundreds of well wishes and prayers for my wife and myself following our COVID-19 diagnosis. I am completely humbled and moved by your kind words of encouragement. I’m happy to report we have both turned a corner. This disease is long and tough and at least for us, there is no quick resolution. We still have coughs, periodic fever, etc., but the symptoms are lessening. We feel better. I suspect it will be at least another week before we will see the end of our symptoms…
Read More “Brief Update on COVID-19 Diagnosis & Progress”
MARCELLUS/UTICA REGION: CNX Resources installs VAtitan-TC connection; OTHER U.S. REGIONS: Henry County awarded $1.5 million grant for natural gas service; NATIONAL: Humbled US shale sector on recovery path with disciplined approach; Why Joe Biden and Kamala Harris must support ‘fracking’ for oil and natural gas; Energy demand to receive a work-from-home boost this winter; Oxy CEO says U.S. oil production will never see pre-pandemic levels; INTERNATIONAL: Will Oil reach $50 at the end of the year?
Read More “Other Stories of Interest: Fri, Oct 16, 2020”