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Marcellus Drilling News
  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA Cross Unit Drilling One Vote Away from Becoming Law

    October 23, 2019October 23, 2019

    Yesterday the Pennsylvania House Environmental Resources and Energy Committee “reported out” (i.e. approved) Senate Bill (SB) 694, which is the Senate version of what was House Bill (HB) 247, a bill which allows fully leased parcels that are part of one drilling “unit” to be combined with parcels in a different unit–“cross unit drilling.” The full Senate voted to approve the bill on September 25 by a vote of 49-0 in favor. Yes, a unanimous vote, with both Republicans and Democrats voting to approve it in the Senate. We’re now one vote away from final passage–the full House. There’s little doubt it will pass.
    Read More “PA Cross Unit Drilling One Vote Away from Becoming Law”

  • Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Pipelines

    Mountain Valley Pipe Price Goes Up, In-Service Delayed Again

    October 23, 2019November 6, 2019

    The last time Equitrans talked about the status of its 303-mile Mountain Valley Pipeline project (from Wetzel County, WV to Pittsylvania County, VA) was July, when the company said the cost for the project had ballooned to $5 billion and the in-service date delayed until mid-2020 (see Equitrans Wants to Remain Kissin’ Cousins with EQT; MVP 85% Done). Then the clown judges of the federal Fourth Circuit Court pulled a permit for the project, and FERC told the company to stop all construction (see FERC Shuts Down All Mountain Valley Pipeline Construction). Yesterday Equitrans issued a new update. The price has gone up…again, and the in-service date is delayed…again.
    Read More “Mountain Valley Pipe Price Goes Up, In-Service Delayed Again”

  • Lease & Royalty Payments

    New Online Service for Buyers & Sellers of Mineral Rights

    October 23, 2019October 23, 2019

    A common refrain for both landowners and drillers who want to buy/sell/swap mineral rights for drilling is the same: How do you find buyers (or sellers)? Some have resorted to auctions. Others, plain old word-of-mouth. They both have a new way to find buyers or sellers: Something called RealX, an online mineral rights property database. Kind of like Zillow for mineral rights, according to the Pittsburgh Business Times. The new service just launched with over 6 million acres of mineral rights.
    Read More “New Online Service for Buyers & Sellers of Mineral Rights”

  • Electrical Generation | Industrywide Issues | Litigation | Ohio | Regulation | Statewide OH

    Ohio Ballot Initiative to Overturn Nuke Bailout Goes to Fed Court

    October 23, 2019October 23, 2019

    The fight to overturn Ohio’s House Bill 6, a $1 billion bailout (freebie) given to FirstEnergy to prop up its uneconomical nuclear power plants is getting nasty. Really nasty. We previously told you about FirstEnergy’s lying commercials that claim China controls the state’s natural gas industry–because a Chinese bank loaned some of the gas-fired plants money (see FirstEnergy Runs Attack Ad, Claims China Controls OH NatGas Plants). Somehow FirstEnergy got Ohio Attorney General Dave Yost and got him to overturn the the language of the referendum, disqualifying it on a technicality (see Ohio RINO AG Rejects Anti-Nuke Referendum). Because of Yost’s action, there isn’t enough time to get enough signatures. So the matter has gone to federal court, asking for more time.
    Read More “Ohio Ballot Initiative to Overturn Nuke Bailout Goes to Fed Court”

  • Industrywide Issues | Pipelines | Regulation

    FERC Won’t Change Pipeline Approval Policy Until 5 Members Vote

    October 23, 2019October 23, 2019
    FERC Chairman Neil Chatterjee

    On Monday Federal Energy Regulatory Commission (FERC) Chairman Neil Chatterjee addressed the EnVision Forum at the University of Kentucky. Among his comments: FERC won’t reconsider how it approves pipelines, the framework it uses, until there are a full five members of the Commission (currently there are three). President Trump recently nominated a fourth person as commissioner, James Danly (see Trump Selects FERC Attorney James Danly as New Commissioner). Don’t look for a full quorum to be available any time soon. The last time FERC updated its pipeline approval framework was 20 years ago–in 1999.
    Read More “FERC Won’t Change Pipeline Approval Policy Until 5 Members Vote”

  • Industrywide Issues | New York | Pipelines | Statewide NY

    EPA’s Wheeler Rips into Cuomo, Pipe Veto “Worst Enviro Decision”

    October 23, 2019October 23, 2019

    Andrew Cuomo, the man-child governor of New York, is having a terrible, horrible, no good, very bad day. Or week. For the past few weeks the New York Post has repeatedly hammered Cuomo over his decision to block the Williams Northeast Supply Enhancement (NESE) pipeline project that would bring critical new supplies of natgas to Long Island and New York City. The Wall Street Journal also joined in by hammering Cuomo over the same issue, pointing out Cuomo is to blame for thousands of utility customers of National Grid who now cannot connect, yet Cuomo is forcing National Grid to add them anyway (see WSJ Editorial Board Blasts NY Gov. Cuomo for Bullying National Grid).
    Read More “EPA’s Wheeler Rips into Cuomo, Pipe Veto “Worst Enviro Decision””

  • CNG/LNG | Dominion Energy | Energy Services | Industrywide Issues | Maryland

    Dominion Energy Sells 25% of Cove Point LNG for $2B

    October 22, 2019October 21, 2019

    Yesterday Dominion Energy announced it has sold a 25% stake in the completed Cove Point, Maryland LNG export facility to Brookfield Asset Management for a cool $2 billion. Dominion completed the $4.1 billion facility in 2018. The share just sold to Brookfield values the facility at $8.22 billion. Holy smokes! Nice play–to double the value of your investment in not much more than a year after completing it. What will Dominion do with all that cash?
    Read More “Dominion Energy Sells 25% of Cove Point LNG for $2B”

  • Energy Companies | Range Resources Corp

    Range Sells Another 0.5% Royalty Interest for $150M

    October 22, 2019October 21, 2019

    In July MDN brought you the news that Range Resources had sold a 2% overriding royalty interest on 350,000 acres “in southwest Appalachia” for $600 million (see Range Resources Sells 2% Royalty Interest + 20K Acres for $634M). Range’s announcement did not identify who, exactly, was the company doing the purchasing. Lime Rock Resources later self-identified as the buyer (see Mystery Solved: Lime Rock Buyer of 2% Royalty Interest in Range). Range has just done it again–sold off another 0.5% (one-half of one percent) of an overriding royalty interest for another $150 million.
    Read More “Range Sells Another 0.5% Royalty Interest for $150M”

  • CNG/LNG | Energy Services | Industrywide Issues | New Fortress Energy | Regulation

    US DOT Gets Serious About LNG by Rail – Publishes Proposed Rules

    October 22, 2019October 21, 2019

    In April President Trump issued an Executive Order (EO) 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), has just issued a “Notice of Proposed Rulemaking” to move the process forward. Think of it as draft regulations to allow LNG by rail car.
    Read More “US DOT Gets Serious About LNG by Rail – Publishes Proposed Rules”

  • Economic Impact | Industrywide Issues | Research

    Americans Have Saved an Amazing $1.1 Trillion Thx to M-U NatGas

    October 22, 2019October 21, 2019

    Natural gas end-users, which include American households, businesses, manufacturers, and electric power generators, have realized $1.1 trillion in savings since 2008 as a result of increased natural gas production in the Marcellus/Utica region, according to a new report released yesterday. You read that right! Folks across the country have benefited by using M-U gas to the tune of $1.1 trillion in savings. Astonishing! The new report (full copy below) says the total savings works out to be an average of $4,000 per household. Thank God for fracking and horizontal drilling in the Marcellus/Utica.
    Read More “Americans Have Saved an Amazing $1.1 Trillion Thx to M-U NatGas”

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

    Why Wolf’s Regional Greenhouse Gas Initiative is Disaster for PA

    October 22, 2019October 21, 2019

    Earlier this month Pennsylvania Gov. Tom Wolf went completely off his rocker with a power-grab to force PA into a regional alliance to tax natural gas-fired electric plants out of existence (see Gov. Wolf Goes Bonkers: EO Destroying Gas-Fired Elec, Carbon Tax). The reaction was swift–on both sides of the issue (see Reaction to Gov. Wolf’s Bonkers Plan to Strangle NatGas Elec Plants). Following up, the Allegheny Institute for Public Policy has issued an analysis that exposes why joining the tax alliance is the wrong move for PA. And the Blank Rome law firm explains why joining the alliance is not likely to happen.
    Read More “Why Wolf’s Regional Greenhouse Gas Initiative is Disaster for PA”

  • Energy Services | Industrywide Issues | New York | Pipelines | Regulation | Williams

    WSJ Editorial Board Blasts NY Gov. Cuomo for Bullying National Grid

    October 22, 2019October 21, 2019

    A recent editorial written by the editors of the Wall Street Journal begins with this superb sentence: “New York Governor Andrew Cuomo has a habit of bullying others to cover for and fix his policy blunders.” It goes on to rip Cuomo to shreds for his bullying of National Grid, forcing the company to add new natural gas customers against its wishes because come wintertime, they may not have enough gas to service all customers in the Greater New York City/Long Island region. Why a moratorium on new customers? Because Cuomo denied National Grid a pipeline to supply the gas they need–the Northeast Supply Enhancement (NESE) pipeline.
    Read More “WSJ Editorial Board Blasts NY Gov. Cuomo for Bullying National Grid”

  • Energy Companies | EQT Corp

    Rice Boys’ First 100 Days at EQT – Where Do Things Stand?

    October 21, 2019October 21, 2019

    Last Friday, Oct. 18, was the 100th day since Toby and Derek Rice took over the leadership at EQT, the country’s largest natural gas-producing company. The Rice boys won a proxy fight in July to elect a new board (and themselves) to lead the company (see Rice Bros. Win Proxy War to Control EQT – Toby Rice New CEO). Prior to winning, Toby Rice touted a “100-day plan” to turn the company around. How is that plan going?
    Read More “Rice Boys’ First 100 Days at EQT – Where Do Things Stand?”

  • Bradford County | Energy Services | Eureka Resources | Industrywide Issues | Pennsylvania | Wastewater

    Eurkea Gets $1.5M Grant to Expand Lithium from Wastewater PA Plant

    October 21, 2019October 21, 2019

    Eureka Resources, which owns and operates a centralized treatment/recycling facility in Bradford County, PA to process Marcellus watewater, is getting a $1.5 million state Redevelopment Assistance Capital Projects grant to help the plant launch a high tech solution to recover lithium from Marcellus wastewater. Yes, lithium, like that used to manufacture rechargeable batteries.
    Read More “Eurkea Gets $1.5M Grant to Expand Lithium from Wastewater PA Plant”

  • Allegheny County | Electrical Generation | Industrywide Issues | Pennsylvania

    Pittsburgh Intl Airport to Generate Electricity Using Shale Gas

    October 21, 2019October 21, 2019

    In March 2018 MDN brought you the news that Pittsburgh International Airport (PIT) was exploring the possibility of producing its own electricity (see Pittsburgh Airport Plans NatGas Microgrid to Attract New Business). You may recall that CONSOL Energy (now CNX Resources) previously drilled a bunch of wells on airport property and now produces a boatload of natgas every day. The plan would be to use some of that gas to power a microgrid to lower the cost of electricity at the airport complex–a complex where officials are attempting to attract businesses to locate. The possibility is becoming a reality.
    Read More “Pittsburgh Intl Airport to Generate Electricity Using Shale Gas”

  • Delaware County (PA) | Energy Services | Industrywide Issues | Pennsylvania | Pipelines | Sunoco Logistics

    Another Small Mariner East Pipe Sinkhole Develops Near Philly

    October 21, 2019October 21, 2019
    Sinkhole develops near soccer field (Credit: Del-Chesco United for Pipeline Safety)

    Another sinkhole developed last Friday near Philadelphia related to underground drilling done to install the Mariner East 2 pipeline. The new sinkhole developed in Middletown Township (Delaware County), in Sleighton Park. Fortunately this latest hole was only about 18 inches in diameter, which is much better than a 15×15 foot hole that developed in September, also in Middletown Township (see Another Mariner East 2 Pipe Sinkhole Opens in Delaware County). However, the 18-inch hole fanned out to four feet wide and 30 feet deep underground. Sunoco immediately filled it with “flowable fill” (i.e. concrete)–to the tune of 48 yards of material.
    Read More “Another Small Mariner East Pipe Sinkhole Develops Near Philly”

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