Cabot Oil & Gas issued an operational update yesterday to announce that because of persistently low prices for natgas, as of Sept. 18 the company curtailed approximately 372 million cubic feet equivalent per day (MMcfe/d) of gross production to finish out the last 13 days of the quarter. After that?
Read More “Cabot O&G Shuts-in 1/3 Bcf/d of Production Due to Low Prices”
Here’s a new one for us: The Leach XPress pipeline project has a teeny tiny presence in the southwestern corner of Pennsylvania. We did not know that! Just 1.74 miles of the pipeline runs through PA, but that small section has earned the builder, Columbia Gas, a big fine.
Read More “PA Fines Columbia $157,126 for Leach Xpress Pipe Violations”
Based on the suspect testimony of a “whistleblower,” the radical Clean Air Council (CAC) has filed a notice of its intent to sue Sunoco Pipeline claiming the company prevented professional geologists working on the project from properly inspecting and investigating environmental conditions, including subsidence, near the pipelines. Yet another sham lawsuit by a sham organization.
Read More “Big Green Group Files Notice to Sue Sunoco re ME2 Pipe Permits”
It might help anti-fossil fuel radicals if they at least got a few of their facts right. Facts are typically missing from their hysterical proclamations. Case in point: An anti addressed the Ransom Township board earlier this week (Scranton, PA suburb) to try and convince the board to pass a resolution against trucks hauling LNG from traveling through the community on the way to Interstate 81. Her wild claims were false.
Read More “Know-Nothing Anti Tries to Scare NEPA Town into Banning LNG Trucks”
Caterpillar is expanding in the oil and gas business. Weir Group is selling its entire oil and gas division to Caterpillar for $405 million. Weir, which manufactures equipment used in fracking, has two offices in Pennsylvania and three in West Virginia to service the Marcellus/Utica.
Read More “Caterpillar Purchasing Weir Oil & Gas for $405 Million”
The results of a new study conducted by Penn State researchers surprised them. The study looked at who and how much influence happens with state regulations adopted for fracking. The operating assumption, based on an incessantly biased media, is that states are in the dark and beholden to the oil and gas industry. That “frackers” ride roughshod over state regulators. The researchers found that’s simply not the case.
Read More “Penn State Study Finds PA a Model for Shale Law in Other States”
MARCELLUS/UTICA REGION: W&J alum discusses energy possibilities in region; OTHER U.S. REGIONS: Coal, nuclear retirements in US Midwest might boost gas-fired power demand; NATIONAL: Domestic oil, natural gas political contributions wane amid coronavirus fallout; Chevron workers face demands to reapply for jobs under global restructuring – sources; Natural gas market: production falls to a new multi-year low; EIA lowers 2020, 2021 oil & natural gas price forecasts; Brace yourself for natural gas supply and demand mismatch on Hurricane Delta; The best case for and against a fracking ban; INTERNATIONAL: A $100 billion Big Oil divestiture plan is coming; EU Parliament votes to raise 2030 climate target to 60%.
Read More “Other Stories of Interest: Thu, Oct 8, 2020”
Somebody lit a fire under drillers in Pennsylvania last week! Or maybe we should say a fire was lit under the PA Dept. of Environmental Protection (DEP). PA issued 35 new permits last week spread pretty much across the entire state–in the northeast, central, and southwest portions of the state. Ohio, once again, issued no new Utica permits last week. West Virginia issued a single new permit last week.
Read More “Weekly Shale Drilling Permits for PA, OH, WV: Sep 28 – Oct 2”
As the Mariner East 2 pipeline project nears completion, radicalized environmentalists who have failed to stop the project are getting desperate. And funny. They always “demand” things–have you ever noticed that about them? An arrogant lot who think they know better than you how to run your life.
Read More “Environuts Demand PA DEP Revoke Remaining ME2 Permits”
Environmentalist wackos are the same the world over. They like to “demand” things of other people. We brought you news today of environuts in Pennsylvania demanding the state DEP shut down all drilling for the Mariner East 2 pipeline project based on a few drilling mud spills (see Environuts “Demand” PA DEP Revoke Remaining ME2 Permits). A different group of nuts, in Massachusetts, is demanding to see the emergency plans for a compressor station in Weymouth about to go online. You will comply, resistance is futile…
Read More “Environuts Demand to See Weymouth Compressor Emergency Plan”
Years ago we told you about the top-notch program at Lackawanna College in northeastern Pennsylvania–their School of Petroleum and Natural Gas (see Lackawanna College Converts Branch Campus to Natural Gas Program). The PNG program is unique, one of just a handful nationwide that runs a two-year program to train students to be technicians, able to operate sophisticated machinery and run compressor stations, for example. The Lackawanna PNG program has outgrown its current location.
Read More “PA’s Lackawanna College School of Petroleum and NatGas Relocating”
Exploration and production (E&P) companies, what we usually call drillers here on MDN, need capital (money), like any other big company. Cash is the oil in the engine that keeps any company operating (pun intended). E&Ps get money to keep operating from various sources, including banks and investment firms. According to an article appearing in Hart Energy’s Oil and Gas Investor magazine, E&Ps are currently “the most hated sector on Wall Street.” Ouch. The money has dried up. What will E&Ps do?
Read More “How to Make Investing in O&G Companies Cool Again”
MDN is proud to partner with NGVAmerica (natural gas vehicles) to promote this year’s NGVAmerica Annual Industry Summit, coming Oct. 20-22. This year’s Summit has gone all-virtual given the coronavirus pandemic. It’s convenient! Each day sessions are held from 12 noon to 3 pm Eastern. Natural gas vehicles are catching on, especially in fleets. It’s an important new market for all that Marcellus/Utica gas we pump.
Read More “Natural Gas Vehicles Virtual Conference Coming Oct 20-22”
MARCELLUS/UTICA REGION: Rep. Wendy Ullman, PovertyKeeper ally, does more political theater; OTHER U.S. REGIONS: This startup’s building a factory to sustainably turn natural gas into fertilizer; Minnesota Supreme Court hears oral arguments on proposed natural gas power plant; NATIONAL: $5 Henry Hub natural gas possible on colder winter, says Morgan Stanley; Dept. of Energy issues report on benefits of U.S. oil and natural gas; INTERNATIONAL: Qatar is winning the last great fossil fuel gold rush; Denmark removes final hurdle for Russian gas pipeline to Europe.
Read More “Other Stories of Interest: Wed, Oct 7, 2020”
A few months ago CNX Resources bought out and merged in the remaining amount of CNX Midstream the company didn’t already own (see CNX Resources Buying/Merging in Rest of CNX Midstream for $357M). CNX isn’t waiting until the next quarterly investor conference call to tout the synergies of that move.
Read More “CNX Releases New YouTube Video, Slide Deck “Post Merger””
A group of anti-fossil nutters who devoted themselves to blocking Marcellus/Utica drilling around the Ambridge Reservoir have turned their attention to the Shell ethane cracker plant in Beaver County. They wanted to stop the cracker from getting built, but given the plant is now 70% built and it’s a 100% guarantee it will get done and go online, the nutters have turned their attention to aggressive monitoring of the plant and the pollution, they say, that will come from it.
Read More “Antis Organize “Nurdle Patrols” to Police Shell Cracker”