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Marcellus Drilling News
  • Accidents | Chester County | Energy Services | Energy Transfer Partners | Industrywide Issues | Pennsylvania | Pipelines | Regulation | Sunoco Logistics

    PA DEP Suspends ME2 Pipe Drilling at Marsh Creek State Park

    August 14, 2020August 14, 2020

    While drilling in Chester County earlier this week in the Marsh Creek State Park, Energy Transfer’s Mariner East 2X pipeline experienced an “inadvertent return”–nontoxic drilling mud coming up out of the ground where it’s not supposed to (see Mariner East 2X Construction Causes Another Drilling Mud Spill). In this case the mud came up in a small section of the 535-acre Marsh Creek Lake. Under withering criticism and pressure from anti-fossil fuel groups, the state Dept. of Environmental Protection (DEP) issued a press release yesterday to say that all pipeline drilling at the site has been “suspended indefinitely.”
    Read More “PA DEP Suspends ME2 Pipe Drilling at Marsh Creek State Park”

  • Industrywide Issues | Regulation

    EPA Rolls Back Obama Methane Overregulation at Pittsburgh Ceremony

    August 14, 2020August 14, 2020

    At a ceremony in Pittsburgh yesterday, federal EPA (Environmental Protection Agency) Administrator Andrew Wheeler unveiled two new rules for the oil and natural gas industry that removes ineffective and duplicative methane detection requirements while streamlining others. Just before the Obamadroids left office, the Obama EPA slapped onerous and costly new regulations on methane emissions that don’t do anything but cost companies money. They certainly didn’t do anything to help the precious environment. Yesterday, after several years in the making, the EPA fixed the Obama overregulation issue with respect to methane emissions.
    Read More “EPA Rolls Back Obama Methane Overregulation at Pittsburgh Ceremony”

  • Belmont County | Energy Services | Ethane | Industrywide Issues | Ohio | Processing Plants | PTT Global

    Trump Official Visits PTT OH Cracker Site, Pledges Full Support

    August 14, 2020August 14, 2020
    DOE Deputy Sec. Mark Menezes at PTT cracker site (click for larger version)

    Prior to joining EPA Administrator Andrew Wheeler in Pittsburgh to unveil rollbacks of egregious overregulation of methane by the Obama Administration (see today’s companion story), Deputy Secretary of Energy, Mark Menezes, first visited Belmont County, Ohio–at the site of the proposed PTT ethane cracker plant. Menezes was there to offer moral support from President Trump for the project. Menezes was recently confirmed (on Aug. 4) as Deputy Secretary of DOE. The PTT cracker site visit was Menezes’ first official visit (to anywhere) in his new role.
    Read More “Trump Official Visits PTT OH Cracker Site, Pledges Full Support”

  • Coterra Energy (Cabot O&G) | Energy Companies | Industrywide Issues | Litigation | Pennsylvania | Susquehanna County

    Law Firm Files Class Action Against Cabot Claiming Securities Fraud

    August 14, 2020August 14, 2020

    In June MDN told you that a New York City law firm was “investigating” Cabot Oil & Gas with an eye to filing a class action lawsuit, on behalf of investors, over false allegations made by the Pennsylvania Attorney General who had filed felony charges against Cabot regarding a long-closed regulatory issue in Dimock, PA (see Law Firm Targets Cabot for Class Action Claiming Securities Fraud). The investigation is now over and the law firm found an investor to file a class lawsuit, which was filed yesterday in a federal court in Texas.
    Read More “Law Firm Files Class Action Against Cabot Claiming Securities Fraud”

  • Crude Oil | Industrywide Issues | Ohio | Pennsylvania | Statewide OH | Statewide PA | Statewide WV | West Virginia

    Enverus Onshore Rig Count Bumps Up & Down, Utica Loses 1 Rig

    August 14, 2020August 14, 2020

    Another week, another look at the rig count. The onshore rig count continues to bump along near the bottom of historic lows. It’s not AT the bottom (thank God), but it does continue to flirt with low numbers. According to Enverus, which tracks rigs using GPS units, the count bottomed at the beginning of July with 264 active rigs. Since then it’s risen and currently stands around 280 rigs. Week to week it goes up and it goes down, but not down significantly. According to Enverus, the count lost a rig last week.
    Read More “Enverus Onshore Rig Count Bumps Up & Down, Utica Loses 1 Rig”

  • Industrywide Issues | Sand/Proppant

    Hi-Crush Execs Get Millions in Bonuses Days Before Ch. 11 Filing

    August 14, 2020August 14, 2020

    Looks like top management at Chesapeake Energy getting millions in bonuses just before declaring bankruptcy isn’t the only company to engage in this disgusting practice (see Chesapeake Energy Execs Paid $25 Million in Bonuses). Frac sand company Hi-Crush did it too.
    Read More “Hi-Crush Execs Get Millions in Bonuses Days Before Ch. 11 Filing”

  • Best of the Rest

    Shale Energy Stories of Interest: Fri, Aug 14, 2020

    August 14, 2020August 14, 2020

    NATIONAL: US working gas volumes in underground storage rise by 58 Bcf; A propane molecule’s journey to Mont Belvieu and markets beyond; Sierra Club endorses Biden for president; Environmental groups should embrace pipelines, not cancel them; America’s clean energy transition demands a mining boom.
    Read More “Shale Energy Stories of Interest: Fri, Aug 14, 2020”

  • Ascent Resources | Energy Companies | Ohio | Statewide OH

    Ascent Resources 2Q: Utica Production Hits New High; $291M Loss

    August 13, 2020August 13, 2020

    Ascent Resources, originally founded as American Energy Partners by gas legend Aubrey McClendon, is a privately-held company that focuses 100% on the Ohio Utica Shale. Ascent is Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. The company issued its second-quarter 2020 update yesterday. The company added another 25 wells to production in 2Q and produced 2.1 billion cubic feet equivalent per day (Bcfe/d), a new company high. Unfortunately, the financial picture was not as rosy…
    Read More “Ascent Resources 2Q: Utica Production Hits New High; $291M Loss”

  • CNG/LNG | Industrywide Issues | Litigation | Maryland | Pipelines | Regulation | Statewide MD | Trucking

    Mountaineer Gas Seeks Truck Alternative to Blocked Maryland Pipe

    August 13, 2020August 13, 2020

    Anti-fossil fuelers are on a holy mission to stop a 3.37-mile, 8-inch pipeline from being built under the Potomac River by Columbia Gas (see Maryland Antis Oppose 13th Pipeline Under Potomac as “Dangerous”). The pipeline, from Maryland on one side of the river to West Virginia on the other side, will be built to feed a larger pipeline project from Mountaineer Gas called the Eastern Panhandle Expansion. Mountaineer Gas is getting desperate for more gas to feed growing customer demand.
    Read More “Mountaineer Gas Seeks Truck Alternative to Blocked Maryland Pipe”

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

    Antis Protest Dangerous ME2 Drilling Mud Spill by Kayaking in It

    August 13, 2020August 13, 2020
    Protesters kayak through a “dangerous” cleanup site on Marsh Creek Lake in Chester County, PA (Credit: WHYY, click for larger version)

    Yesterday MDN told you about a new “inadvertent return” or drilling mud spill that occurred at Marsh Creek Lake in Chester County, PA, near Philadelphia (see Mariner East 2X Construction Causes Another Drilling Mud Spill). The reaction by the climate crazies, as predicted, was shrill and loud. Those who oppose the Mariner East 2 pipeline oppose it because it flows natural gas and they irrationally hate natural gas. Antis staged a “protest” of the “dangerous” mud spill at Marsh Creek Lake yesterday. After mouthing off for the cameras, the crazies launched dozens of kayaks and paddled through the drilling mud water that’s supposedly dangerous for the environment. Go figure.
    Read More “Antis Protest Dangerous ME2 Drilling Mud Spill by Kayaking in It”

  • Industrywide Issues | Pennsylvania | Pipelines | Regulation | Statewide PA

    PA Gov. Wolf Nominates Carbon Tax Warrior for PUC

    August 13, 2020August 13, 2020
    Hayley Book, nominated for PA PUC

    Pennsylvania Gov. Tom Wolf has nominated the wrong person to replace Andrew Place as one of the commissioners on the very powerful Public Utility Commission (PUC). Wolf has nominated Hayley Book, currently a senior adviser on energy and climate to PA Dept. of Environmental Protection (DEP) Secretary Pat McDonnell. Book’s job at the DEP has been to try and force through Wolf’s illegal attempt to force the state into joining the so-called Regional Greenhouse Gas Initiative (RGGI), a carbon tax scheme cooked up by a collection of liberal northeastern states (see Gov. Wolf Goes Bonkers: EO Destroying Gas-Fired Elec, Carbon Tax).
    Read More “PA Gov. Wolf Nominates Carbon Tax Warrior for PUC”

  • Anti-Drilling/Fossil Fuel | Chesapeake Utilities | Energy Services | Industrywide Issues | Maryland | Pipelines | Statewide MD

    Maryland Antis Oppose Tiny New Pipeline in Eastern Shore

    August 13, 2020August 13, 2020

    Eastern Shore Natural Gas Company (ESNG), a subsidiary company of Chesapeake Utilities Corporation (a company fascinated with chicken poop), filed a request with the Federal Energy Regulatory Commission (FERC) in Sept. 2018 to build 19+ miles of new pipeline and new meter and delivery stations in Kent and Sussex counties in Delaware, and Wicomico and Somerset counties in Maryland, to carry more natural gas to locations in Delaware and Maryland. FERC approved the project last December (see FERC Approves Del-Mar Energy Pathway Pipe Project). You would not believe the irrational opposition to this (frankly) insignificant project.
    Read More “Maryland Antis Oppose Tiny New Pipeline in Eastern Shore”

  • Electrical Generation | Industrywide Issues

    NatGas Powergen Far Outpaces Renewables First Half 2020

    August 13, 2020August 13, 2020

    Our favorite government agency, the U.S. Energy Information Administration (EIA), posted an interesting article yesterday revealing information the left and mainstream media don’t want you to know: Natural gas-fired electricity is growing faster than renewables. The media would have you believe that so-called renewables are taking the world (and the U.S.) by storm–growing far faster than any other source, including natural gas. Not true.
    Read More “NatGas Powergen Far Outpaces Renewables First Half 2020”

  • Best of the Rest

    Shale Energy Stories of Interest: Thu, Aug 13, 2020

    August 13, 2020August 13, 2020

    OTHER U.S. REGIONS: Oilfield service companies are bailing on the Permian; NATIONAL: Six former EPA heads call for an agency reset after the presidential election; Kamala Harris’ frac stance worrisome to shale states, attractive to the left; How bad is the shale downturn? Oxy has only one rig drilling the Permian.; U.S. permits for new horizontal drilling dip to 10-year low; Mounting gas storage in US Southeast threatens Henry Hub price rally; US midstream gas sector looks for signs of market improvement after pullback; Climate Fraud (video); INTERNATIONAL: Germany’s Maas confronts Pompeo over pipeline threat.
    Read More “Shale Energy Stories of Interest: Thu, Aug 13, 2020”

  • Energy Companies | Industrywide Issues | M&A | Montage Resources | Southwestern Energy

    Stop Press! Southwestern Energy Buying Montage Resources for $857M

    August 12, 2020August 13, 2020

    Holy smokes! We didn’t see this one coming. Just yesterday MDN brought you the second-quarter update from Montage Resources (see Montage Resources: 5 New OH Utica Wells, Profits Tumble in 2Q). Little did we know the company was in an advanced stage of negotiations to sell itself to Southwestern Energy. Perhaps “sell” isn’t quite the right word. The two companies are merging, with Southwestern taking over Montage, in an all-stock deal worth roughly $204.3 $857 million (NOTE: We amended this article after Raymond James calculated the deal to be worth a much higher amount, see our update below). The combination will create the third-largest (by acres leased) Marcellus/Utica driller with a combined 786,187 net acres.
    Read More “Stop Press! Southwestern Energy Buying Montage Resources for $857M”

  • Energy Services | Equitrans/EQT Midstream | Industrywide Issues | North Carolina | Pipelines | Regulation

    Politics: North Carolina Rejects MVP Southgate Pipe Permits

    August 12, 2020August 14, 2020

    Democrat governors across the country are now mimicking the example set by the dictator of New York, Gov. Andrew Cuomo. Cuomo abuses state power to reject fossil fuel projects (unconstitutional in our opinion), telling NY’s state environmental agency to reject all new pipelines. Roy Cooper, governor of North Carolina, is the latest Cuomo wannabe. Cooper instructed his state’s environmental agency, the Dept. of Environmental Quality (DEQ), to reject permits for Equitrans’ proposed Mountain Valley Pipeline (MVP) Southgate project. Which the DEQ did yesterday. The agency tried to disguise the rejection using lame excuses, but the reason for the rejection was politics, plain and simple.
    Read More “Politics: North Carolina Rejects MVP Southgate Pipe Permits”

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