Stabilis Energy, based in Houston, TX, offers a complete range of fully integrated LNG fueling solutions from LNG production to LNG distribution and technical support across North America. Stabilis has just bought out and merged in another company, American Electric Technologies. And believe it or not, there IS a Marcellus/Utica tie-in.
Read More “LNG Virtual Pipe Co Stabilis Buys/Merges in American Electric”
The actions of one man seeking access to confidential risk assessments and plans for the Mariner East pipelines in the Philadelphia area will, if successful, put information into the public domain that terrorists can potentially use. Note we don’t believe it is the intent of this man to grant access to sensitive information to terrorists. But that is the consequence, the outcome, the result of his actions–if a court now reviewing the case grants his request.
Read More “Philly Anti Pushes to Make Pipe Info Public that Terrorists Can Use”
Canada’s National Energy Board (NEB) has approved TC Energy’s agreements with natural gas retailers in Eastern Canada, to flow Western Canadian gas to Canada’s East Coast and New England. TC Energy (formerly called TransCanada) cooked up a plan to expand an existing pipeline in New England and connect it to a point in Quebec to flow gas from the opposite side of the continent, Western Canadian natural gas (over 1,000 miles away), into New England and from there back up into Canada (see TransCanada Plans to Move Western Canadian Gas into New England).
Read More “TC Energy Plan to Move Western Canadian Gas to East Coast Approved”
Columbia Gas of Massachusetts (NiSource) continues to recover (physically and reputationally) from a series of explosions last September in its local delivery pipelines north of Boston (see Local NatGas Pipes Explode Near Boston Killing 1, Injuring 25). The explosions and resulting fires tragically killed one teenager and injured 25 others. It left some 8,600 households and businesses without natural gas–for months. Several class action lawsuits were filed against the company. News is breaking today that Columbia has settled all of the class action lawsuits for $143 million.
Read More “Columbia Gas Pays $143M to Settle Lawsuit from Mass. Explosions”
MARCELLUS/UTICA REGION: Long Island town to vote on alternative natural gas providers; NETL leads research to improve production efficiency of Marcellus shale; OTHER U.S. REGIONS: Sasol says new Louisiana cracker starting up; Unitil foresees growth in natural gas as electric usage drops; PSEG officially opens natural gas power plant in Bridgeport; NATIONAL: U.S. LNG exports to Europe increase amid declining demand and spot LNG prices in Asia; Natural gas truck sales are on the rise; INTERNATIONAL: 2020s will see a new LNG market maker; Nord Stream 2 pipeline fights new EU gas rules.
Read More “Energy Stories of Interest: Tue, Jul 30, 2019”
The same U.S. Fourth Circuit Court of Appeals judges who quoted from Dr. Seuss’ book “The Lorax” in a previous decision against Dominion Energy’s Atlantic Coast Pipeline (ACP) have, once again, delivered another blow to ACP. In a very poor decision issued on Friday, the clown judges overturned reissued permits from the U.S. Fish and Wildlife Service (FWS) for the project, claiming the permits don’t do enough to protect bumble bees and bats.
Read More “Clown Judges from 4th Circus Block Atlantic Coast Pipe…Again”
Cabot Oil & Gas is the only Marcellus/Utica driller that is profitable quarter after quarter and year after year. So the market pays attention to what Cabot does, because they’ve figured out how to make money in a low commodity price environment. Last Friday Cabot released second quarter numbers. CEO Dan Dinges talked about the balance of 2019 and even a bit about what to expect in 2020.
Read More “Cabot: Spending Up (Some) in 2019, Spending Down (Big) in 2020”
Production for Range Resources was up a healthy 10% year over year in second quarter 2019, according to Range’s 2Q19 update issued late last week. Range produced 2.3 billion cubic feet equivalent per day (Bcfe/d) in 2Q. For the first half of the year Range brought online 39 Marcellus/Utica wells and plans to bring online another 49 wells in the second half of 2019. The company is on track to spend roughly $750 million on drilling in 2019.
Read More “Range Resources 2Q – Production Up 10% Despite MarkWest Outage”
In March we told you about National Fuel Gas Company’s (NFG) FM100 Project in northwestern Pennsylvania that will beef up and extend an existing pipeline network to flow an extra 330 million cubic feet per day (MMcf/d) of Marcellus gas to Williams’ mighty Transco Pipeline (see NFG FM100 Pipe Project in NW PA to Feed Marcellus Gas to Transco). The Pennsylvania Dept. of Environmental Protection (DEP) published notices in last weekend’s PA Bulletin of their intent to issue permits for the project.
Read More “DEP Permits for NWPA FM100 Pipeline – Marcellus Gas to Transco”
The Energy Innovation Center Inc. and Armstrong County Industrial Development Council (in western Pennsylvania) have formed a joint venture to launch the Critical Infrastructure Workforce Academy™ (CIWA). Located at Northpointe, an 800-acre business park in Freeport, CIWA will give students a 20-acre “classroom” to learn how to install, operate and maintain critical infrastructure–like natural gas pipelines.
Read More “New Infrastructure Training Academy Coming to Western PA”
Following pressure from “activist” investors, EQT split off its midstream (pipeline) division into a new/separate company in November 2018 (see It’s Here! EQT Midstream Division Now Split into Standalone Co.). Equitrans, as the new company is called, has been headed by Thomas Karam, president and chief executive officer. Recently Equitrans promoted Diana Charletta to the role of president. Karam remains CEO and has been named chairman of the board (replacing David Porges in the chairman role).
Read More “Equitrans Midstream Gets a New President – Diana Charletta”
Public Service Enterprise Group (PSEG), headquartered in Newark, NJ, says it will shutter all but its three of its natural gas-fired electric plants by 2046, in a misguided effort to reduce “climate-warming emissions to net zero by 2050.” But they’ll do it *only* if the government adopts an economy-crushing, totally regressive “carbon tax” (to punish the use of natural gas). PSEG’s ultimate goal is to force their customers to use less electricity. That’s their big solution. Use less, and they’ll charge you more for what you still use. The end result of dumping gas-fired plants is predictable–grid unreliability and rolling blackouts.
Read More “PSEG Electric Customers Heading for Blackouts Under New Plan”
MARCELLUS/UTICA REGION: Ohio agencies say they don’t get many fracking health complaints; Gulfport Energy Fund opens second grant round of 2019; Deep Well Services jump-starts funding campaign for Butler County Emergency Services Unit; OTHER U.S. REGIONS: U.S. approves commercial service for Sempra Louisiana Cameron LNG export plant; Saltwater disposal wells make up nearly one-third of new well permits; NATIONAL: More U.S. coal-fired power plants are decommissioning as retirements continue; Natural gas glut is crushing US drillers; A new U.S. oil production peak looks imminent; Congress considers carbon tax plans that will hurt poor; Shale oil & gas are hurricane-proofing U.S. energy markets; INTERNATIONAL: Gas is part of the solution in the planet’s energy transition, Goldman Sachs strategist says.
Read More “Energy Stories of Interest: Mon, Jul 29, 2019”
Yesterday the new EQT management team, in particular CEO Toby Rice, held a conference call with stock analysts to discuss the company’s second quarter financial and operational update. We learned a number of things from the call and materials published by EQT: A number of new faces have appeared in senior management; the company remains committed to sister company Equitrans and its Mountain Valley Pipeline project; and EQT’s second-quarter net income jumped more than 700% from a year ago–something previous CEO Rob McNally can take credit for.
Read More “Toby Rice Hosts 2Q EQT Meeting, Lots of New Faces Appear”
We caught wind of something on the Tallgrass quarterly conference call yesterday that had previously eluded our otherwise reliable radar. Tallgrass, via its subsidiary BNN Water, bought out and merged in Central Environmental Services back in May. That’s important because Central is a “water services” provider in the Marcellus/Utica. Namely, Central (now BNN) operates three injection wells in Ohio. On yesterday’s Tallgrass conference call, company officials said they are working on a plan to build pipelines to those injection wells, saving a whole bunch of truck trips.
Read More “Tallgrass Expanding Wastewater Disposal Biz in Marcellus/Utica”
Steven Winberg, the U.S. Dept. of Energy’s assistant secretary for fossil energy, spoke to West Virginia lawmakers on Tuesday. His message? The Trump Administration is prioritizing building out a petrochemical industry in Appalachia. Among Winberg’s comments, on the matter of establishing an NGL storage hub in Appalachia, he said: “At DOE we have a full court press on this.” For those who don’t follow basketball, the term full court press means aggressive pressure against the opponent in the back court. Winberg’s meaning: DOE is doing everything it can to make the NGL storage hub project happen.
Read More “Trump Admin “Full Court Press” re Appalachian NGL Storage Hub”