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Marcellus Drilling News
  • Crude Oil | Economic Impact | Industrywide Issues

    Carnage Continues: Rig Count Down Another 76, Marcellus Down 2

    April 24, 2020April 24, 2020

    The U.S. rig count continues in a freefall, losing massive numbers of rigs each week. Over the past month rigs have gone down 47, then 45, then (gulp) 80, and then 74 (see Rig Count Plunges Another 74; M-U Count Steady as She Goes). Last week the rig count crashed another 76–the second-highest loss for one week in the modern era. Most of rigs disappeared from the oil patch. However, last week the Marcellus lost 2 rigs too.
    Read More “Carnage Continues: Rig Count Down Another 76, Marcellus Down 2”

  • Electrical Generation | Industrywide Issues | Pennsylvania | Regulation | Statewide PA | Taxation

    18 PA Republican Senators Ask Gov. Wolf to Cancel Carbon Tax Plan

    April 24, 2020April 24, 2020

    Eighteen Pennsylvania State Senators sent a letter to Gov. Tom Wolf on April 21 asking Wolf to direct the state Dept. of Environmental Protection (DEP) to stop trying to ram through a new tax on carbon that will kill the state’s flourishing natural gas-fired electric generating plants.
    Read More “18 PA Republican Senators Ask Gov. Wolf to Cancel Carbon Tax Plan”

  • Chesapeake Energy | Energy Companies

    Chesapeake Energy’s Slim Chance to Avoid Bankruptcy

    April 24, 2020April 24, 2020

    We’ve recently brought you a number of stories about Chesapeake Energy and their falling stock price (see Chesapeake’s Reverse Stock Split Bombs, Company “On Life Support” and Chesapeake Suspends Dividend Payments; Stock Still Falling). Most analysts believe that with $9 billion in debt and a stock value approaching $0, the company will have to declare bankruptcy. Soon. But not everyone sees it that way. We spotted one analyst who says Chessy still has a fighting chance to stay out of bankruptcy, if…
    Read More “Chesapeake Energy’s Slim Chance to Avoid Bankruptcy”

  • Industrywide Issues | Pipelines

    Oil Price Crash Threatens Midstream (Pipeline) Companies Too

    April 24, 2020April 24, 2020

    Reuters recently published a story called “Bankruptcy looms over U.S. energy industry, from oil fields to pipelines.” Until now the main focus and chatter has been about shale oil drillers and how they will, or will not, survive the low oil price apocalypse. What we haven’t heard much about (until now) are pipeline companies. As the article points out, midstream companies are not immune to the price crash nor (for some) to bankruptcy.
    Read More “Oil Price Crash Threatens Midstream (Pipeline) Companies Too”

  • Best of the Rest

    Shale Energy Stories of Interest: Fri, Apr 24, 2020

    April 24, 2020April 24, 2020

    MARCELLUS/UTICA REGION: Update regarding Ohio landmen professional registrations; OTHER U.S. REGIONS: U.S. oil firm Continental Resources halts shale output, seeks to cancel sales; NATIONAL: COVID-19 mitigation efforts result in the lowest U.S. petroleum consumption in decades; Patterson-UTI sees 60% decline in activity as oil prices crater; For natural gas, negative U.S. crude is manna from heaven; How the futures market impacts physical crude oil; US energy independence can still lead the way; INTERNATIONAL: U.S. natural gas to be world’s priciest amid virus upheaval.
    Read More “Shale Energy Stories of Interest: Fri, Apr 24, 2020”

  • Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Litigation | Pipelines | Regulation | Statewide VA | Virginia

    Mountain Valley Pipe Permit in Va. Delayed After Montana Decision

    April 23, 2020April 23, 2020

    Disgusting anti-fossil fuel lunatics have hassled the Keystone XL oil pipeline in the Midwest with frivolous lawsuits for years. Last week an Obama-appointed liberal judge serving in Montana, U.S. District Judge Brian Morris, vacated a permit for the Keystone project, once again stopping construction. The permit vacated was issued by the U.S. Army Corps of Engineers and is called a Nationwide Permit 12–the equivalent of a Section 401 permit under the Clean Water Act–allowing projects like pipelines to be built across or under streams, rivers and “wetlands” (swamps). The problem with the judge’s action is that it potentially affects all pipeline projects across the country using an NP12 permit–including the delayed Mountain Valley Pipeline (MVP), a 303-mile Marcellus/Utica gas pipeline from West Virginia to southern Virginia.
    Read More “Mountain Valley Pipe Permit in Va. Delayed After Montana Decision”

  • Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues | Pipelines | Regulation | Statewide VA | Virginia

    Antis Worried Pandemic Means They Can’t Stop Va. Pipeline Project

    April 23, 2020May 15, 2020

    Virginia Natural Gas (VNG), a company that serves customers in northeastern Virginia, wants to build new natural gas infrastructure in Prince William and Fauquier counties. VNG is seeking state approval to build 24 miles of new pipeline and two new compressor stations (expanding a third compressor), connecting to the mighty Transco pipeline system to flow Marcellus/Utica gas to the region. The Header Improvement Project, as it’s called, will help service VNG’s 300,000 natural gas customers and is needed to deliver natural gas to two proposed new gas-fired power plants.
    Read More “Antis Worried Pandemic Means They Can’t Stop Va. Pipeline Project”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Pipelines

    Pipeline Thru NJ Scrub Pines Continues Building During COVID-19

    April 23, 2020April 23, 2020
    click for larger version

    New Jersey Natural Gas’ (NJNG) $130 million, 22-mile natural gas pipeline project called the Southern Reliability Link (SRL) pipeline project to connect NJNG’s distribution system serving customers in Ocean, Burlington and Monmouth counties (in NJ) has been under construction since last summer (see Pipeline Thru NJ Scrub Pines Under Construction Despite Opposition). Although NJ Gov. Phil Murphy has shut down construction projects in general, the SRL has been allowed to continue work.
    Read More “Pipeline Thru NJ Scrub Pines Continues Building During COVID-19”

  • Anti-Drilling/Fossil Fuel | Energy Services | Industrywide Issues | Pipelines | Regulation | Tennessee Gas Pipeline

    Fed Court Rejects Rhode Island Indians’ Attempt to Stop Pipeline

    April 23, 2020April 23, 2020

    The Narragansett Indian Tribe in Rhode Island won’t be smoking the peace pipe any time soon. The Tribe tried to block construction of Tennessee Gas Pipeline’s (TGP) Connecticut Expansion pipeline project as a violation the National Historic Preservation Act by not protecting “ceremonial stone landscapes” supposedly found along the path of the pipeline (see Indian Tribe Fights FERC Over Tiny Pipeline in Mass. The Tribe asked the Federal Energy Regulatory Commission (FERC) to reconsider its approval of the project, which FERC refused, so the Tribe sued in federal court last summer (see Rhode Island Indians Take FERC to Court re Massachusetts Pipeline). The federal court ruled the Tribe did not have standing in February, and yesterday the court refused to reconsider their decision.
    Read More “Fed Court Rejects Rhode Island Indians’ Attempt to Stop Pipeline”

  • Industrywide Issues | NGLs | Pipelines | Processing Plants

    Philly Petchem Workers Isolate 28 Days to Make Virus Equipment

    April 23, 2020April 23, 2020

    Marcellus/Utica propane flows from eastern Ohio and southwestern Pennsylvania all the way to southeastern PA via the Mariner East pipelines (ME1 and ME2). A petrochemical facility operated by Braskem America in Marcus Hook (near Philadelphia) processes some of that propane, turning it into polypropylene–the raw plastic used to make N95 masks, hospital gowns, and sanitary wipes–items in critical demand right now to protect health care workers against the COVID-19 coronavirus. This will bring tears to your eyes as it did ours: Some 40 workers at the Braskem plant voluntarily decided to stay at the plant for 28 days straight–working 12-hour shifts–not leaving once during that time so they could be sure of no COVID contamination while they worked to make polypropylene that in turn would be used to make personal protective equipment for healthcare workers. We salute them one and all!
    Read More “Philly Petchem Workers Isolate 28 Days to Make Virus Equipment”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    Faux “Conservative” Tom Ridge Attacks Republicans re Environment

    April 23, 2020April 23, 2020
    Former PA Gov. Tom Ridge

    We have no use for so-called establishment Republicans who claim to be “conservative.” They’re liars, and chief among them is former Pennsylvania Gov. Tom Ridge. Yesterday Ridge published an op-ed in the left-of-Communist Mao Zedong The Atlantic magazine, on “Earth Day,” to attack the Republican Party. Ridge says he’s a conservative Republican (he’s not) and he targets his own party for “abandoning environmental issues.” Ridge decries the party’s quest to fix the ultra-radical lunacy of recent years. Shame on Ridge. Has he (finally) gone senile?
    Read More “Faux “Conservative” Tom Ridge Attacks Republicans re Environment”

  • Alternative Energy | Industrywide Issues

    Michael Moore Documentary Exposes Renewable Energy Farce

    April 23, 2020April 23, 2020

    Michael Moore, the uber-leftist filmmaker, has just trained his sights on destroying his own leftist brethren in the Big Green movement. Two days ago Moore released a full-length documentary on Youtube called “Planet of the Humans” (embedded below) questioning the claims of “green” wind and solar farms, pointing out the environmental destruction being caused by so-called “renewables.” Moore is no longer on the Christmas card list of Big Green groups after this one.
    Read More “Michael Moore Documentary Exposes Renewable Energy Farce”

  • Best of the Rest

    Shale Energy Stories of Interest: Thu, Apr 23, 2020

    April 23, 2020April 23, 2020

    MARCELLUS/UTICA REGION: CNX Responds to the COVID-19 Crisis; Montgomery County to receive $181,000 rebate for using compressed natural gas; OTHER U.S. REGIONS: Reeling Oklahoma oil producers win right to keep leases while wells shut; NATIONAL: ‘Roller coaster’ continues at full speed for natural gas futures; Senators call for federal government loans to U.S. energy producers; Baker Hughes confident natural gas markets improving; Class 8 natural gas truck sales increase nearly 30 percent.
    Read More “Shale Energy Stories of Interest: Thu, Apr 23, 2020”

  • Allegheny County | Industrywide Issues | Pennsylvania | Wastewater

    Plum, PA Injection Well Questionable Even with Final Permit

    April 22, 2020April 22, 2020

    Yesterday MDN told you that miracle of miracles, the Pennsylvania Dept. of Environmental Protection (DEP) has finally, after more than two years of evaluation, granted a permit to build a wastewater injection well in Plum Boro in Allegheny County, near Pittsburgh (see Miracle! PA DEP Approves Plum (Pittsburgh) Injection Well Permit). Penneco Environmental Solutions, the company that received the permit, now says with the collapse of oil prices and Marcellus/Utica production being questionable, “all bets are off” with respect to the injection well project.
    Read More “Plum, PA Injection Well Questionable Even with Final Permit”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA DEP Writes a Fairytale About Future Impacts of Global Warming

    April 22, 2020April 22, 2020

    A fairy tale is a made-up story. Fiction. Something not rooted in truth or science. That’s what the Pennsylvania Dept. of Environmental Protection (DEP) recently issued in a so-called report about how man-made global warming (euphemized to be “climate change”) is going to toast the Keystone State. Aside from the fact man-made global warming is non-existent, want to know how we know this report is a fairy tale? The DEP, with a straight face, says chicken farms will double by 2050…because the warmer climate will make PA more conducive to raising chickens and by then it will be too hot for chicken farms in southern states.
    Read More “PA DEP Writes a Fairytale About Future Impacts of Global Warming”

  • Industrywide Issues | Regulation

    EPA & Army Corps Publish Final WOTUS Regs – Obama Overreach Fixed

    April 22, 2020April 22, 2020

    One of the worst overreaches and offenses of the Obamadroids was to redefine what “waters of the United States” (or WOTUS) actually means. As they were getting ready to leave power, the Obama EPA redefined WOTUS as everything down to large mud puddles–no lie (see EPA Power Grab: Redefines Waters of the U.S. to Include Everything). When Donald Trump took over, he set out to correct Obama’s conceit by bringing the WOTUS definition back into the realm of reality. It took years and fending off multiple lawsuits funded by Big Green organizations, but we finally we have a new, permanent redefinition of WOTUS–taking it back to what it was meant to be. The redo defines what is and what is not actual, navigable waters of the U.S. Yesterday the U.S. EPA and Army Corps of Engineers published the final Navigable Waters Protection Rule, amending the definition of WOTUS.
    Read More “EPA & Army Corps Publish Final WOTUS Regs – Obama Overreach Fixed”

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