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Marcellus Drilling News
  • Energy Services | Tallgrass Energy

    More Changes at the Top for Tallgrass – New CFO

    January 15, 2020January 15, 2020

    In December, Blackstone Infrastructure Partners, a major energy investment firm, announced it had cut a deal to buy the remaining shares of stock it doesn’t already own in Tallgrass Energy for $3 billion, with a plan to take the company private (see With Tallgrass Founder/CEO Gone, Blackstone Forces Sale/Merger). As we previously pointed out, Tallgrass Founder and CEO David G. Dehaemers Jr. has cashed in his chips and retired, clearing the way for William R. (Bill) Moler to take over as CEO. We now have a second high-level change in the company–a new Chief Financial Officer.
    Read More “More Changes at the Top for Tallgrass – New CFO”

  • Anti-Drilling/Fossil Fuel | CNG/LNG | Industrywide Issues | Maryland | New York | Pennsylvania | Statewide MD | Statewide NY | Statewide PA

    16 Democrat State AGs Oppose Trump Plan to Ship LNG via Rail

    January 15, 2020January 16, 2020

    Last April President Trump issued an Executive Order directing the Secretary of Transportation to write a new rule allowing specially constructed tanker cars for railroads (DOT-113 tank cars) to ship LNG, i.e., liquefied natural gas (see Here Come the “Bomb Trains” – Trump to Allow LNG by Rail). The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA), in coordination with the Federal Railroad Administration (FRA), issued a “Notice of Proposed Rulemaking” (draft regulations) to move the process forward in October (see US DOT Gets Serious About LNG by Rail – Publishes Proposed Rules). Monday was the final day for comments on the proposed rules. Unsurprisingly 16 uber-partisan Democrat state attorneys general filed a joint letter opposing the new regs.
    Read More “16 Democrat State AGs Oppose Trump Plan to Ship LNG via Rail”

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

    Bloomberg Lawyers in State AG Offices “Political Mercenaries”

    January 15, 2020January 15, 2020

    In December 2017 MDN told you about the bastardization of our justice system by Michael Bloomberg. Bloomberg funneled money to New York University (NYU) School of Law which in turn pays to hire radical (Democrat) attorneys to work inside the offices of the attorneys general in 10 different states, including Pennsylvania (see NYU Buying Frivolous Enviro Lawsuits by Hiring Lawyers for State AGs). The aim of hiring these lawyers to work alongside AGs is to launch lawsuits to “protect” the environment–i.e. sue fossil fuel companies. It is a gross perversion of our justice system and MUST STOP.
    Read More “Bloomberg Lawyers in State AG Offices “Political Mercenaries””

  • Economic Impact | Industrywide Issues

    World’s Top Investment Firm to Phase Out Fossil Fuels, Eventually

    January 15, 2020January 15, 2020

    BlackRock Inc. is the world’s number #1 asset manager–with nearly $7 trillion in investments. The company invests in a LOT of companies that produce or are dependent on the production of fossil fuels. Important company to our industry. BlackRock CEO Larry Fink, in a pair of letters (one to CEOs and one to investors) has just signaled BlackRock will begin to move away from fossil fuel investments. But (and this is a big but), it won’t happen overnight.
    Read More “World’s Top Investment Firm to Phase Out Fossil Fuels, Eventually”

  • Best of the Rest

    Shale Energy Stories of Interest: Wed, Jan 15, 2020

    January 15, 2020January 15, 2020

    MARCELLUS/UTICA REGION: ODNR issues 4 Utica drilling permits; W.Va. 2/I-68 authority searching for support; OTHER U.S. REGIONS: Tractor trailer carrying natural gas hits plow, tips over on I-95 in Maine; NATIONAL: New electric generating capacity in 2020 will come primarily from wind and solar; PHMSA issues final rule for underground natural gas storage facilities; INTERNATIONAL: Encana shareholders overwhelmingly OK moving to Denver, rebranding as Ovintiv.
    Read More “Shale Energy Stories of Interest: Wed, Jan 15, 2020”

  • Energy Companies | Industrywide Issues | Lycoming County | Pennsylvania | Range Resources Corp | Regulation

    PA DEP Orders Range to Fix Leaking Gas Well in Lycoming County

    January 14, 2020January 14, 2020

    A long-simmering dispute between the Pennsylvania Dept. of Environmental Protection (DEP) and Range Resources has once again erupted into the public over allegations that a Range well drilled in Lycoming County, PA back in 2011 is leaking methane into the surrounding ground and water supplies. The DEP has, for years, maintained faulty cement casing allows methane to leak, and Range maintains methane was already in the ground/water supply before it drilled the well. Who’s right?
    Read More “PA DEP Orders Range to Fix Leaking Gas Well in Lycoming County”

  • Energy Companies | EQT Corp

    EQT to Write Down Up to $1.8 Billion in M-U Assets for 4Q19

    January 14, 2020January 14, 2020

    In a Securities and Exchange Commission (SEC) filing made yesterday, EQT, the country’s largest natural gas producer, informed the SEC (and investors) it will likely take an impairment charge (“write down”) for the value of some of its Marcellus/Utica assets–by $1.4 to $1.8 billion. Which pales in comparison to Chevron’s write down of it’s M-U assets to the tune of $5+ billion (see Chevron Writes Down $5B+ in Marc/Utica Assets, Looks to Sell All).
    Read More “EQT to Write Down Up to $1.8 Billion in M-U Assets for 4Q19”

  • Industrywide Issues | Lease & Royalty Payments | Pennsylvania | Research | Statewide PA

    New IFO Report: PA Shale Drillers Paid $1.5B in Royalties in 2017

    January 14, 2020January 14, 2020

    Just coming to light for us now is a report issued by the Pennsylvania Independent Fiscal Office (IFO) that estimates the amount of gas production royalties paid by drillers to landowners for calendar year 2017 (the most recent year available). It’s a fascinating report that breaks down royalty payments by the eight top gas-producing counties in the state. You may be surprised to learn the county producing the most natural gas in the state (Susquehanna County) does NOT, in fact, pay out the most in landowner royalties.
    Read More “New IFO Report: PA Shale Drillers Paid $1.5B in Royalties in 2017”

  • Energy Services | Energy Transfer Partners | Industrywide Issues | Litigation | Pennsylvania | Pipelines | Regulation | Statewide PA

    3rd Lawsuit Filed Against Energy Transfer re Mariner Corruption

    January 14, 2020January 14, 2020

    MDN previously told you about unconfirmed rumors that the FBI is investigating the PA Gov. Tom Wolf administration over how permits came to be issued for the Mariner East 2 pipeline project (see FBI Investigates Wolf Admin for Corruption re ME Pipe Permits). The allegation/rumor is that Wolf and/or members of his staff pressured the Dept. of Environmental Protection (DEP) to approve permits for the pipeline project in return for something (money or something else). Two different law firms seized on the rumor as reason enough to launch speculative class action lawsuits for shareholders, accusing Energy Transfer (the builder) of corruption (see 2nd Class Action Lawsuit Against ET/Sunoco re Mariner East Pipe). A third such lawsuit was filed last week–this one by a public employee retirement fund.
    Read More “3rd Lawsuit Filed Against Energy Transfer re Mariner Corruption”

  • Bucks County | Chester County | Delaware County (PA) | Energy Services | Industrywide Issues | Montgomery County | Northampton County | Pennsylvania | Pipelines | Talen Energy

    Talen Energy Sells PA Pipeline to Adelphia Gateway for $155M

    January 14, 2020January 14, 2020

    In December the Federal Energy Regulatory Commission (FERC) issued a final approval for the Adelphia Gateway pipeline project (see FERC Issues Final OK for Southeast PA Adelphia Gateway Pipeline). Adelphia is a plan to convert an old/existing oil pipeline stretching from Northampton County, PA through Bucks, Montgomery, and Chester counties, terminating in Delaware County at Marcus Hook, into a natural gas pipeline. To flow Marcellus gas to southeast PA. The builder lacked one key ingredient–the pipeline!
    Read More “Talen Energy Sells PA Pipeline to Adelphia Gateway for $155M”

  • Columbia Pipeline Group | Energy Services | Industrywide Issues | Medina County | Ohio | Storage | TC Energy/TransCanada

    Fed Court Rules Columbia has Right to Use OH Gas Storage Field

    January 14, 2020January 14, 2020
    Medina, Ohio

    In a phenomenally complex court case decided last July by the U.S. Court of Appeals for the Sixth Circuit, Columbia Gas (TC Energy) won the right to continue storing natural gas in an underground storage field near Medina, Ohio. The landowners, who claim Columbia owes them (more) money for using the land under their property, appealed the decision to the U.S. Supreme Court. The Supremes turned it down yesterday, meaning the Sixth Circuit ruling stands.
    Read More “Fed Court Rules Columbia has Right to Use OH Gas Storage Field”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    Bill Separating PA Conventional from Shale Regs Advances in Senate

    January 14, 2020January 14, 2020

    For years Pennsylvania’s small, independent conventional oil and gas drillers have objected to the one-size-fits-all regulations concocted by the Gov. Tom Wolf Administration that applies the same regulations to them as to big shale drillers. The two types of drilling are apples and oranges. To make small drillers jump through the same hoops as big shale drillers will bankrupt many of the smaller drillers. So in 2016, PA’s conventional drillers filed a lawsuit to block Wolf’s new regs from going into effect (see PA Conventional Drillers File Lawsuit to Stop New DEP Regulations).
    Read More “Bill Separating PA Conventional from Shale Regs Advances in Senate”

  • Best of the Rest

    Shale Energy Stories of Interest: Tue, Jan 14, 2020

    January 14, 2020January 14, 2020

    NATIONAL: U.S. coal-fired power plants closing fast despite Trump’s pledge of support for industry; U.S. oil and natural gas proved reserves and production set new records in 2018; FERC pipeline appeal delays defy due process, DC Circ. told; The oil and gas situation: in the midst of a major global boom.
    Read More “Shale Energy Stories of Interest: Tue, Jan 14, 2020”

  • Industrywide Issues | Landfills | New York | Regulation | Steuben County

    NY DEC Approves Landfill Expansion to Accept More PA Drill Cuttings

    January 13, 2020January 13, 2020
    Location of C&D Hakes Landfill (click for larger version)

    This no longer qualifies as a minor miracle, it’s a MAJOR miracle. The Cuomo-corrupted New York State Dept. of Environmental Conservation (DEC) has just approved the only remaining way NY benefits from the Marcellus–by allowing a landfill in Steuben County to expand so it can accept more drill cuttings from PA Marcellus drillers.
    Read More “NY DEC Approves Landfill Expansion to Accept More PA Drill Cuttings”

  • Armstrong County | Energy Companies | Industrywide Issues | Lease & Royalty Payments | Litigation | PennEnergy Resources | Pennsylvania | Snyder Brothers

    PA Superior Court Rules Landowner Can’t Nix Lease for Shut-ins

    January 13, 2020April 20, 2022

    A recently decided court case, while not precendential (doesn’t apply to anyone else other than the landowners/drillers in this case), is still instructive. This story begins when the Wilson family in Armstrong County, PA (western part of the state) leased three different tracts of land totaling 473 acres to Synder Brothers in 2003 for vertical drilling.
    Read More “PA Superior Court Rules Landowner Can’t Nix Lease for Shut-ins”

  • Anti-Drilling/Fossil Fuel | Belmont County | Energy Services | Ethane | Industrywide Issues | Marshall County | Ohio | Processing Plants | PTT Global | West Virginia

    Big Green Tries to Whip Up Opposition to PTT Ohio Cracker

    January 13, 2020January 13, 2020

    Big Green is doing its best to stir up opposition to PTT Global Chemical’s proposed ethane cracker plant in Belmont County, Ohio. Big Green is also trying to hide its involvement and pass itself off as organic, local community opposition. Not true. Last week the same so-called community organizer addressed an anti meeting at a local church and organized a “protest” a few days later.
    Read More “Big Green Tries to Whip Up Opposition to PTT Ohio Cracker”

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