Invenergy’s 1,480 megawatt, $1 billion Marcellus gas-fired electric plant, called the Lackawanna Energy Center (located near Scranton, PA), is now 100% done with construction. Yesterday the company celebrated the end of construction with a special ceremony and tour.
Read More “Huge Marcellus-Fired Power Plant Near Scranton Now 100% Complete”
When we first read a headline about 800 “insulators” coming to the Shell ethane cracker in Monaca, PA, we immediately thought it meant some sort of electrical component–you know, the things you see along electric lines near poles? But no, the article was not about electric insulators, but about *people* call insulators–members of the International Association of Heat and Frost Insulators and Allied Workers union.
Read More “800 “Insulators” Coming to Shell Ethane Cracker Site”
The propaganda drumbeat against a proposed LNG dock facility in New Jersey continues by Big Green. New Fortress Energy is building a natural gas liquefying plant in northeastern Pennsylvania. The LNG produced at the plant will get trucked to the bank of the Delaware River on the New Jersey side where New Fortress plans to build a pier allowing two ships at a time to dock and load the LNG. Here’s the latest line of attack against that plan: That loading facility *may* see up to 360 truck trips per day. Which is supposed to enrage area residents against the plan.
Read More “Dela. River LNG Export Dock Will Get Up to 360 Truck Trips/Day”
It’s been some time since we’ve checked in on EnerVest, a private equity firm that owns a lot of acreage and wells (most of them conventional) in the Marcellus/Utica region. We spotted an update on the company’s holdings given by Steve Downey, EnerVest’s vice president of business development. Steve also happens to be president of the Ohio Oil & Gas Association (OOGA).
Read More “EnerVest Still Owns 7K Wells, 1.1 Million Acres in Ohio”
American Energy Partners, Inc. (AEPT), based in Allentown, PA, has just added a fourth subsidiary/division to the company. AEPT has agreed to acquire 100% of Hickman Geological Consulting, LLC in an all-stock deal. AEPT is giving owners Josh and Jessica Hickman 40.5 million shares of AEPT stock as payment. Josh Hickman is an AEPT board member. As of this morning AEPT shares are trading (on the Pink Sheets, over the counter) at $0.0055 per share (a little over half a penny per share). Doing the math, we peg the value of the deal at $222,750.
Read More “American Energy Partners Buys Hickman Geological Consulting”
MARCELLUS/UTICA REGION: PA grants to extend natural gas service in Butler, Crawford, Northampton counties; U.S. Senate committee passes bills aimed at Appalachian natural gas and coal; NATIONAL: Number of financially distressed oil, gas companies increasing: S&P Ratings; Natural-gas traders bet heat wave will fizzle.
Read More “Energy Stories of Interest: Wed, Jul 17, 2019”
In the coming month, the U.S.’s seven major shale plays will produce a cumulative 82 billion cubic feet (Bcf) of natural gas, a new record! All but one of those seven shale plays will increase its shale gas output. The Marcellus/Utica region, the “beast in the east” is about to roar in the next month, increasing natgas production *another* 396 million cubic feet per day (MMcf/d), to a new high of 33 Bcf/d. This is the fourth month in a row the M-U will have increased production by at least one-third of a Bcf.
Read More “EIA July ’19 Drilling Report: M-U Roars, Up Another 396 MMcf/d”
Although we’ve recently reported several stories about the CEO of New Fortress Energy (see New Fortress Energy Founder/CEO Big-time Democrat Donor) and the company’s plan to build a new dock along the Delaware River to export LNG (see DRBC Approves New Fortress LNG/NGL Shipping Dock on Dela. River), we’ve not heard much about construction of the LNG plant itself, located in northeastern Pennsylvania. We have an update.
Read More “Work Begins to Clear Site for NEPA Landlocked LNG Export Plant”
Speaking of New Fortress Energy and their planned northeast Pennsylvania LNG liquefaction facility (see today’s story, Work Begins to Clear Site for NEPA Landlocked LNG Export Plant), in addition to chilling natural gas into LNG, you also need a way to load it onto ships and move it to other markets. New Fortress plans to build a $96 million, 1,600-foot-long pier on the New Jersey side of the Delaware River at the former DuPont dynamite factory site to dock and load two ships at a time.
Read More “Riverkeeper Tries to Bully DRBC to Reverse LNG Dock Decision”
Last week Shale Support, a frac sand producer and shipper headquartered in Louisiana, filed for Chapter 11 bankruptcy. The company is not able to deal with $128 million in debt it has accumulated, hence the filing. Shale Support maintains three frac sand terminal facilities in the Marcellus/Utica region.
Read More “Frac Sand Provider with M-U Operations Files for Bankruptcy”
In mid-June, MDN editor Jim Willis experienced the rare treat of venturing out from behind the keyboard to a press conference held in the great outdoors in nearby Susquehanna County, PA. The topic? Energize PA, a series of bills being promoted by Republicans in both the PA Senate and House (see Spreading Marcellus Love Throughout PA with Expanded PIPE Program). The event was organized by PA Rep. Jonathan Fritz, who opened the presser with details on House Bill (HB) 1103, a bill he sponsored that would expand the state’s PIPE program to run more “last mile” natural gas pipelines to homes and businesses in rural communities.
Read More “New Law Signed Expanding PA’s PIPE Program – More Rural NatGas”
Competitive Power Ventures (CPV) finally broke ground and began to build a new Marcellus gas-fired power plant in Cambria County, PA in October 2017 (see CPV Marcellus-Fired Power Plant in Cambria, PA Breaks Ground). Located 60 miles east of Pittsburgh, the CPV Fairview Energy Center is a 1,050-megawatt natural gas and ethane-fueled two-by-one combined-cycle electric generating plant expected to begin commercial operations in early 2020. It looks like that schedule may actually move up.
Read More “CPV Marcellus-Fired Power Plant in Cambria “Ahead of Schedule””
LS Power, which owns a number of competitive power generation projects including the 700 megawatt dual-fuel simple cycle Troy Generating Facility located in Luckey, OH, is threatening to pull a $500 million plan to expand the Troy facility if Ohio proceeds to pass a new law subsidizing the state’s two nuclear plants. The subsidies would create an uneven playing field for natural gas-fired electric plants like the Troy facility.
Read More “LS Power Threatens to Pull $500M OH Project if Nukes Get Subsidies”
MARCELLUS/UTICA REGION: Former EQT CEO Rob McNally gets $3.4M to leave company; PA conventional drillers want to restore program to spread brine on roads; Watson to helm Utica Shale Academy; OTHER U.S. REGIONS: Fracking in California is about to get a lot more difficult; NATIONAL: EIA expects U.S. energy-related CO2 emissions to fall in 2019; Why U.S. exports of LNG to China are expected to be a major component of a trade deal; Protest at Massachusetts home of FERC member Cheryl LaFleur; INTERNATIONAL: Climate Apartheid? (video); GALACTIC: The meaning of methane on Mars.
Read More “Energy Stories of Interest: Tue, Jul 16, 2019”
The clock is now ticking for Toby and Derek Rice who have made big promises about the future of the company they just seized control of (EQT). The Rice boys have a “100 day plan” they have already begun to implement. During the proxy fight to control EQT’s board, and ultimately its management team, Toby Rice threw some sharp barbs including talk that EQT’s existing management was not up to the task. The Rice boys said so, their board nominees said so, heck, Institutional Shareholder Services (ISS) said so too. There will be change (i.e. personnel change) at the “operational level” said ISS. But apparently that change only extended to two people: EQT’s (now former) CEO Robert McNally, and EQT’s (now former) top attorney, Jonathan Lushko–who were shown the door.
Read More “Toby Rice, EQT’s New CEO, is NOT Cleaning House re Top Management”
Do you consider it “free speech” to assemble a mob outside someone’s home at 2 o’clock in the morning and start hollering and shouting, beating a drum, thereby threatening and menacing an innocent family in that home? We sure don’t call it free speech. We call it gang activity–or maybe even terrorism. When the people inside the home feel threatened, what else can you call it? That’s what happened to EQT’s then-CEO Rob McNally and his family in the early morning hours of July 10, the day he lost his job following EQT’s annual meeting. Those outside doing the terrorizing were radical anti-fossil fuel nutters–some from out of state. Crazies. They should have been arrested. They weren’t.
Read More “Radicals Terrorize Outgoing CEO Rob McNally & Family at His Home”