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  • Best of the Rest

    Shale Energy Stories of Interest: Mon, Dec 16, 2019

    December 16, 2019December 16, 2019

    MARCELLUS/UTICA REGION: When Chevron leaves the region, so will most of its charitable giving; PA DEP invites comments on Mariner East pipeline chapter 102/105 permit revisions; Special permit for LNG by rail foreshadows boon for U.S. small-scale liquefaction; Southwestern Energy: a misunderstood natural gas producer; OTHER U.S. REGIONS: FERC approves Driftwood LNG site preparation work; SandRidge CEO resigns as Icahn-backed board eyes spending plan; Primus Green Energy commissions FEED study for Texas natural gas-to-gasoline plant; NATIONAL: U.S. drops four natural gas rigs as oil count climbs; Shale slowdown takes economic toll; INTERNATIONAL: Global natural gas electricity is gaining on coal; U.N. climate talks end without meeting goals.
    Read More “Shale Energy Stories of Interest: Mon, Dec 16, 2019”

  • Chevron | Energy Companies

    Chevron Confirms M-U Assets for Sale, Asks Vendors to Avoid Media

    December 13, 2019December 13, 2019

    On Wednesday MDN told you Chevron is hinting they will sell off all of their Marcellus/Utica assets (see Chevron Writes Down $5B+ in Marc/Utica Assets, Looks to Sell All). It’s no longer a hint. An MDN friend forwarded a copy of an email sent yesterday by Chevron’s Appalachian Mountain Business Unit (AMBU) vice president to suppliers confirming that all (yes ALL) of Chevron’s Marcellus/Utica assets are officially on the market for sale. The email also asks suppliers to ignore rumors and speculation circulating, and requests that should pesky members of the media contact them for comment, to please direct them to Chevron media relations for an official response. We have a copy of the leaked email…
    Read More “Chevron Confirms M-U Assets for Sale, Asks Vendors to Avoid Media”

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

    Mountain Valley Pipeline Settles Lawsuit, Pays Virginia $2.15M

    December 13, 2019December 13, 2019

    In October MDN told you Mountain Valley Pipeline (MVP) had been bullied by the Attorney General in Virginia into agreeing to pay a $2.15 million fine and subject itself to stricter monitoring–an ongoing anal exam–as they complete construction of the pipeline in the state (see Fed Court Suspends Mountain Valley Pipe Permits; $2.15M Fine). MVP construction is currently on hold and is due to restart in 2020. Although the AG and MVP both agreed to the outrageous fine and oversight plan in October, it’s not official until a judge signs off–which happened on Wednesday.
    Read More “Mountain Valley Pipeline Settles Lawsuit, Pays Virginia $2.15M”

  • Energy Services | Industrywide Issues | NiSource | Ohio | Pipelines | Statewide OH

    Columbia Gas of Ohio Investing $100M to Flow More M-U Gas

    December 13, 2019December 13, 2019

    Columbia Gas of Ohio says it can’t build local natural gas delivery pipelines fast enough to meet the demand for new customers. “We’re adding new customers, commercial, industrial, residential, in every quadrant of the region” according to Columbia Gas President Dan Creekmur. And he doesn’t it see it stopping any time soon. So the company is spending big bucks (nine figures) to build new local gas pipelines–this year!
    Read More “Columbia Gas of Ohio Investing $100M to Flow More M-U Gas”

  • Duke Energy | Electrical Generation | Energy Services | Industrywide Issues | North Carolina

    Duke Energy’s Asheville, NC Gas-Fired Elec Plant Ready to Start

    December 13, 2019December 13, 2019
    Duke Lake Julian site (click for larger version)

    Duke Energy is ready to start up a new 560-megawatt natural gas-fired electric generating plant at its Asheville, North Carolina Lake Julian site in western NC. Duke will close down its coal-fired plants at the same site come January. The new gas-fired plant contains two 280 MW units. The new gas plant will be fed by a pipeline built by Public Service Company of North Carolina Inc. (PSNC Energy), a division of Dominion Energy. We can’t prove it, but our educated guess is that the gas that will flow to power this plant will come from the Marcellus/Utica region.
    Read More “Duke Energy’s Asheville, NC Gas-Fired Elec Plant Ready to Start”

  • Industrywide Issues | New York | Pipelines | Regulation | Statewide NY

    2nd Day on Job New Energy Sec. Blasts NY for Blocking Pipes

    December 13, 2019December 13, 2019

    On Wednesday, President Trump presided over the swearing in of Dan Brouillette to serve as the 15th U.S. Secretary of Energy. Vice President Mike Pence administered the oath of office. President Trump nominated Brouillette in November following the announcement of former Secretary Rick Perry’s resignation. He was confirmed last week by the U.S. Senate with a vote of 70-15. The second day on the job as Secretary, Brouillette came out swinging–at both New York and Russia.
    Read More “2nd Day on Job New Energy Sec. Blasts NY for Blocking Pipes”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    Alberta Forms “War Room” to Counter Fossil Fuel Lies

    December 13, 2019December 13, 2019

    We’re always on the lookout for new and better ways to counter the blizzard of lies and smears against shale energy and fossil fuels coming from Big Green and its empty-headed, regurgitating supporters. Honestly, how can you counter the pile of crap they spread via mainstream media day in and day out? Perhaps our Canadian cousins to the north can show us the way. The Province of Alberta (the official government of Alberta) has opened an “energy war room” to push back against all the lies being spread about fossil fuels–in particular lies about Canadian tar sands from which a great deal of oil is extracted.
    Read More “Alberta Forms “War Room” to Counter Fossil Fuel Lies”

  • Best of the Rest

    Shale Energy Stories of Interest: Fri, Dec 13, 2019

    December 13, 2019December 13, 2019

    MARCELLUS/UTICA REGION: Feds extend MVP’s reopened endangered species review by 60 days; Local students learn hands on about the oil and gas industry; OTHER U.S. REGIONS: Basic Energy selling lower 48 pressure pumping business as activity, pricing ‘remain difficult’; California regulators approve natural gas bans across state; NATIONAL: From a ‘big deal’ to no comment, here’s how ‘Exxon Knew’ activists reacted to losing the climate case they had championed; Chevron charge points to billions more in gas writedowns – analysts; New year may again bring coal to stockings of oil services companies but better times lay ahead; How global prices drive U.S. LNG cargo destinations; INTERNATIONAL: Mexico environment minister wants to prohibit fracking; Trump team wants to bring Zelensky to U.S. natural gas posts.
    Read More “Shale Energy Stories of Interest: Fri, Dec 13, 2019”

  • CNG/LNG | Energy Services | Industrywide Issues | Kinder Morgan

    Elba Island Exporting First Marcellus LNG Cargo This Week – Maybe

    December 12, 2019December 12, 2019
    Photo: MarineTraffic (click for larger version)

    On Oct. 1 the Federal Energy Regulatory Commission (FERC) granted permission to Kinder Morgan to finally begin full export operations for Train #1 at the Elba Island, Georgia LNG (liquefied natural gas) export facility (see FERC OKs Kinder Morgan Elba Island LNG Train #1 to Begin Service). It’s taken over two months, but the very first LNG carrier that will export Marcellus/Utica molecules from the facility is docked and (maybe) loading.
    Read More “Elba Island Exporting First Marcellus LNG Cargo This Week – Maybe”

  • Cambria County | Electrical Generation | Industrywide Issues | Pennsylvania

    CPV Marcellus-Fired Electric Plant in Cambria Goes Online Early

    December 12, 2019December 12, 2019
    CPV Fairview Energy Center (click for larger version)

    Competitive Power Ventures’ (CPV) Fairview Energy Center, a 1,050-megawatt natural gas and ethane-fueled two-by-one combined-cycle electric generating plant in Cambria County, PA, is now online generating electricity. Ahead of schedule!
    Read More “CPV Marcellus-Fired Electric Plant in Cambria Goes Online Early”

  • Energy Companies | Southwestern Energy

    Southwestern CEO Says Company Slowing M-U Production in 2020

    December 12, 2019December 12, 2019

    slow warning sign isolated

    Bill Way, CEO of Southwestern Energy, said in an interview that his company will grow production next year, but not by much. Southwestern’s 2020 growth will be “in the single digits” versus higher growth this year. Which shouldn’t surprise anyone. Reviewing Southwestern’s 3Q19 numbers we find the company’s Marcellus/Utica production from January to September 2019 was 11% higher than the same time frame from last year. Southwestern’s 3Q19 (July to September) production was 8% higher than the previous year’s 3Q. So the signs were already there to see–if you were looking.
    Read More “Southwestern CEO Says Company Slowing M-U Production in 2020”

  • Alternative Energy | Broome County | Industrywide Issues | New York | Regulation

    NY Corruption: Home Rule OK to Ban Fracking, but Not Ban Windmills

    December 12, 2019December 12, 2019

    There is a double standard in existence in New York. A CORRUPT double standard. And the corruption comes from Andrew Cuomo. In 2014 judges on NY’s highest court, the Court of Appeals (all them appointed by the governor) voted to uphold a disastrous energy policy that grants town boards of local municipalities the right to ban fracking, should the state ever allow it, in an entire community (see Shale Drilling in NY is Over – High Court Upholds Town Bans). BUT, when a local town baned wind farms in Western NY, Cuomo stepped in and like the tin horn dictator he is, he overruled them (see NY’s Grotesque Energy Double Standard re “Home Rule”). CORRUPT! It’s happening again–this time in MDN’s own back yard.
    Read More “NY Corruption: Home Rule OK to Ban Fracking, but Not Ban Windmills”

  • Industrywide Issues | Research

    S&P Global Platts Releases 2020 Energy Outlook

    December 12, 2019December 12, 2019

    MDN editor Jim Willis had the pleasure of attending yesterday’s S&P Global Platts “Global Energy Outlook Forum” yesterday in New York City. Each year Platts hosts this event, assembling some of the best thinkers and industry participants from across all energy sectors to discuss what happened during the previous year, and what’s on the way next year and down the road with respect to energy. All kinds of energy.
    Read More “S&P Global Platts Releases 2020 Energy Outlook”

  • Industrywide Issues | Taxation

    Misnamed Young “Conservatives” for Carbon Dividends Wants CO2 Tax

    December 12, 2019December 12, 2019

    If there is one defining characteristic of a truly conservative Republican, it is that he or she does not like higher taxes. On anything. Conservatives know that higher taxes equal less freedom of individual choice. And higher taxes feed (and perpetuate) the bureaucratic Big Government machine. A lower taxes philosophy is baked into the true conservative’s DNA. Yet a group of brainwashed college students professing to be Republican and conservative (they’re neither) has just launched a group called Young Conservatives for Carbon Dividends to lobby for an insane carbon tax.
    Read More “Misnamed Young “Conservatives” for Carbon Dividends Wants CO2 Tax”

  • Best of the Rest

    Shale Energy Stories of Interest: Thu, Dec 12, 2019

    December 12, 2019December 12, 2019

    MARCELLUS/UTICA REGION: Nine well permits issued by ODNR; NATIONAL: Continental Resources announces Harold Hamm is stepping up to Executive Chairman; NGI 2020: U.S. drilling ban on E&P radar ahead of 2020 election; Enverus forecasts “significant slowdown” in US gas output growth in 2020; Natural gas boom fizzles as a U.S. glut sinks profits; Chevron’s charge points to billions more in U.S. gas writedowns; The great electric car ‘zero emissions’ boondoggle; INTERNATIONAL: Creating the OPEC of natural gas.
    Read More “Shale Energy Stories of Interest: Thu, Dec 12, 2019”

  • Chevron | Energy Companies

    Chevron Writes Down $5B+ in Marc/Utica Assets, Looks to Sell All

    December 11, 2019December 13, 2019

    In a bombshell announcement yesterday, Chevron said it is writing down (reducing the paper value) of all its shale assets by $10-$11 billion in the fourth quarter. “More than half” of it is a write-down of its Marcellus/Utica assets. Not only that, but Chevron says it is “evaluating its strategic alternatives for these assets, including divestment.” Translation: Chevron has put its M-U assets, all of them (over 750,000 890,000 acres plus producing wells) up for sale. But the bad news doesn’t stop there.
    Read More “Chevron Writes Down $5B+ in Marc/Utica Assets, Looks to Sell All”

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