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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | Energy Services | Industrywide Issues | NiSource | Pipelines

    Massachusetts Antis Want Eversource to Block New Gas for Customers

    October 29, 2020April 20, 2022

    There is no explaining lunatics like those belonging to the Columbia Gas Resistance Campaign in Springfield, Massachusetts who seek to block new and expanded delivery of natural gas to its customers. Following the disaster in September 2018 from a series of explosions that occurred in Columbia Gas’ local delivery pipelines north of Boston (see Local NatGas Pipes Explode Near Boston Killing 1, Injuring 25), Columbia was forced to sell its Massachusetts natural gas-delivery franchise to Eversource, a competitor (see Columbia Selling Mass. Gas Utility Biz to Competitor Eversource).
    Read More “Massachusetts Antis Want Eversource to Block New Gas for Customers”

  • CNX Resources | Energy Companies

    CNX CEO Nick DeIuliis Publishes New Book, Website Promoting NatGas

    October 29, 2020October 29, 2020

    Nick DeIuliis, President and CEO of CNX Resources Corporation, has been an outspoken advocate for the shale gas industry and manufacturing since at least 2017. And we mean outspoken. The trend continues. Nick has just announced a forthcoming book and a new website to continue his pro-fossil fuel advocacy.
    Read More “CNX CEO Nick DeIuliis Publishes New Book, Website Promoting NatGas”

  • CNG/LNG | Dominion Energy | Energy Services | Exporting | Industrywide Issues | Maryland | Regulation | Statewide MD

    DOE Approves Cove Point, Six Other Plants to Export LNG Thru 2050

    October 29, 2020October 29, 2020

    Last week the U.S. Dept. of Energy announced it has extended the terms of seven long-term liquefied natural gas (LNG) export authorizations through 2050. One of the facilities receiving an extension is the Cove Point LNG export facility in Maryland, a facility that exports 100% Marcellus molecules.
    Read More “DOE Approves Cove Point, Six Other Plants to Export LNG Thru 2050”

  • CNG/LNG | Exporting | Industrywide Issues

    Marcellus/Utica LNG Heading to Barbuda, West Indies?

    October 29, 2020October 29, 2020
    Barbuda Ocean Club (click for larger version)

    Eagle LNG Partners built and maintains a smallish LNG facility in Maxville, Florida (suburb of Jacksonville). Since early 2018, Eagle LNG has loaded hundreds of ISO and trailers loads from their Maxville LNG facility for Crowley Maritime and other customers (see Eagle LNG Celebrates 100th LNG Bunkering at Port of Jacksonville). Eagle is spreading its wings. Earlier this week the company announced it has entered into a long-term agreement to provide a turn-key U.S. natural gas solution for the Barbuda Ocean Club in Barbuda, West Indies.
    Read More “Marcellus/Utica LNG Heading to Barbuda, West Indies?”

  • CNG/LNG | Industrywide Issues

    France Blocks $7 Billion U.S. LNG Deal as “Too Dirty”

    October 29, 2020October 29, 2020

    The French government has asked one of its own companies, Engie, to hold off on signing a deal worth $7 billion to buy U.S. LNG from NextDecade’s planned Rio Grande export facility in Brownsville, Texas. It seems France thinks our fracked-gas LNG is too dirty for them.
    Read More “France Blocks $7 Billion U.S. LNG Deal as “Too Dirty””

  • Industrywide Issues | Taxation

    “Green LNG” – The Latest Carbon Tax Scam

    October 29, 2020October 29, 2020

    There is another new scam being perpetrated on the liquefied natural gas (LNG) sector. It’s called “green LNG.” Supposedly pimple-faced millennial investors are demanding the companies they invest in (with some $110 trillion worth of money) clean up their carbon dioxide emissions or the spoiled kids will refuse to invest. Some LNG companies are going to extraordinary lengths to prove their green worthiness to these idiots.
    Read More ““Green LNG” – The Latest Carbon Tax Scam”

  • Best of the Rest

    Other Stories of Interest: Thu, Oct 29, 2020

    October 29, 2020October 29, 2020

    MARCELLUS/UTICA REGION: Oil & Gas Industry is invited to attend this Saturday’s TRUMP RALLY!; Virtual town hall on America’s energy future this Friday; OTHER U.S. REGIONS: Texas added 700 oil extraction jobs in September, first uptick since the pandemic started; NATIONAL: TC Energy awards more than $1.6 billion in American Contracts to build Keystone XL; Can Liberty Oil maverick’s corporate culture survive the U.S. shale bust?; Enterprise pipeline CEO projects oil price climb in late 2021; Biden’s painful transition from oil and gas; States that will decide the 2020 election are reliant on an industry Joe Biden has vowed to eliminate; Democrats’ energy dilemma; INTERNATIONAL: US boosts energy infrastructure push in Vietnam with raft of LNG-to-power deals; US LNG developers eye shorter contracts to lure India buyers: energy secretary; Europe moves toward requiring low-methane natural gas; Chinese energy company, U.S. oil & gas affiliate and Chinese national indicted for theft of trade secrets.
    Read More “Other Stories of Interest: Thu, Oct 29, 2020”

  • Chevron | Energy Companies | EQT Corp | Industrywide Issues | M&A

    EQT Buys Chevron M-U Assets for $735M, Floats $350M in New Stock

    October 28, 2020October 28, 2020

    Looks like the rumors were true, at least one of them. Yesterday EQT announced it has cut a deal to buy Chevron’s considerable Appalachian assets for $735 million. The Reuters rumor from September said EQT had offered $750 million (see Sources: EQT Offering $750M for Chevron’s Marcellus/Utica Assets). Also yesterday, EQT floated up to 23 million new shares of stock, on offer for $15.50 per share, attempting to raise ~$350 million to use toward the Chevron purchase.
    Read More “EQT Buys Chevron M-U Assets for $735M, Floats $350M in New Stock”

  • Crestwood Midstream | Energy Services

    Crestwood 3Q20 Update: Marcellus Stagecoach Sees Record Volumes

    October 28, 2020October 28, 2020

    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 Utica/Marcellus, called Stagecoach Gas Services (see Con Ed & Crestwood Seal the Deal on Marcellus Pipeline/Storage JV). Crestwood, which owns and operates midstream businesses in multiple shale plays across the United States, released its third-quarter 2020 update yesterday. Guess which region generated the most revenue for the company last quarter?
    Read More “Crestwood 3Q20 Update: Marcellus Stagecoach Sees Record Volumes”

  • Brooke County | Economic Impact | Industrywide Issues | Jobs | West Virginia

    Shale Energy Saving Manufacturing Plants, Jobs in Appalachia

    October 28, 2020October 28, 2020

    Eagle Manufacturing, located in Wellsburg, WV, was struggling in the early 2000s. The company makes plastic safety products. Foreign competition was hammering the company (tough to compete with children in China who work in factories for a dollar an hour). The company almost offshored production to China, but decided to stick it out a few more years here at home. And then the Marcellus/Utica Shale miracle happened.
    Read More “Shale Energy Saving Manufacturing Plants, Jobs in Appalachia”

  • Anti-Drilling/Fossil Fuel | Enbridge | Energy Services | Industrywide Issues | Pipelines | Regulation

    Anits Ask FERC to Keep Ready-to-Start Weymouth Compressor Closed

    October 28, 2020October 28, 2020

    Anti-fossil fuel nutters believe they have an opening to try and bully the Federal Energy Regulatory Commission (FERC) into de-certifying a fully permitted and ready-to-start compressor station in Weymouth, Massachusetts because of an “emergency” release of a few puffs of natural gas during final testing of the facility.
    Read More “Anits Ask FERC to Keep Ready-to-Start Weymouth Compressor Closed”

  • Greene County (PA) | Guernsey County | Lease & Royalty Payments | Ohio | Pennsylvania

    Peregrine Energy Buys Royalty Payments from SWPA, Ohio Landowners

    October 28, 2020October 28, 2020
    Guernsey County, OH (click for larger version)

    Peregrine Energy Partners, headquartered in Dallas, Texas, continues its program to buy royalty payments from landowners in the Marcellus/Utica region. Yesterday the company announced another round of deals, this time purchased from landowners in Greene County, PA, and Guernsey County, OH.
    Read More “Peregrine Energy Buys Royalty Payments from SWPA, Ohio Landowners”

  • Ascent Resources | Beaver County | Bradford County | Butler County | Chesapeake Energy | Energy Companies | EQT Corp | Jefferson County (OH) | JKLM Energy | Marshall County | Ohio | PennEnergy Resources | Pennsylvania | Potter County | Tug Hill Operating | Washington County | Weekly Permits | West Virginia

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

    October 28, 2020October 28, 2020

    For a second week in a row, all three M-U states issued new shale drilling permits last week. Pennsylvania issued 6 new permits, Ohio issued 5 new permits, and West Virginia issued 3 new permits.
    Read More “Weekly Shale Drilling Permits for PA, OH, WV: Oct. 19-23”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    M-U Fracker Explains How Biden Presidency Will End U.S. Oil Boom

    October 28, 2020October 28, 2020
    Dan Doyle, Reliance Well Services

    If you want to know what a Biden/Harris administration will look like, how it will treat the fossil fuel industry (specifically oil and gas), you can wind the clock back and look at the Obama/Biden administration and get a pretty good idea. Dan Doyle, president of Reliance Well Services, a fracking company based in Pennsylvania, lived through the hell of the Obama years. The Obama administration targeted Dan’s company and Dan personally (IRS, Dept. of Labor, Attorney General). Doyle says Obama “weaponized” the federal government against the shale industry and his company, and Biden will do the same. He reveals just how they operate.
    Read More “M-U Fracker Explains How Biden Presidency Will End U.S. Oil Boom”

  • Best of the Rest

    Other Stories of Interest: Wed, Oct 28, 2020

    October 28, 2020October 28, 2020

    MARCELLUS/UTICA REGION: US secretary of energy tours a Marcellus Shale natural gas well in Washington County; Former Rice Energy CEO files for IPO for new sustainable fuels company; The big Trump rallies you don’t see; OTHER U.S. REGIONS: BP looks to Haynesville on rising Henry Hub natural gas prices, LNG export outlook; Texas study links more than 238,000 jobs to pipelines; NATIONAL: Trump weighs executive order to show support for fracking; Despite fewer regulations, emissions are declining, oil industry says; Chevron to lay off about 25% of Noble Energy employees after merger; Fracking finally gets the attention it deserves; Brouillette: ‘When they say they will kill oil … they mean it’; INTERNATIONAL: Lower-for-longer LNG prices to put buyers in the sweet spot for years; India LNG demand growth presents opportunities, challenges for US developers; LNG-as-bunker-fuel winning converts as shipping industry eyes future CO2 rules.
    Read More “Other Stories of Interest: Wed, Oct 28, 2020”

  • Energy Companies | EQT Corp

    EQT CEO Toby Rice’s No-Comment Comments on Chevron, CNX Rumors

    October 27, 2020October 27, 2020

    We don’t know how Pittsburgh Business Times ace reporter Paul Gough does it. Yesterday we told you Gough had gotten CNX CEO Nick DeIuliis to, in a roundabout way, discuss the rumor that EQT has floated a takeover offer to his company (see CNX CEO Nick DeIuliis Responds to EQT Takeover Rumor). Gough has done it again, getting EQT CEO Toby Rice to, in a roundabout way, comment on the CNX rumor and on another rumor, that EQT is offering $750 million to buy Chevron’s Marcellus/Utica assets.
    Read More “EQT CEO Toby Rice’s No-Comment Comments on Chevron, CNX Rumors”

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