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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | Hydraulic Fracturing | Industrywide Issues | Regulation

    Leading Dem President Candidates Demand Frack Ban – Unrealistic?

    September 9, 2019September 10, 2019

    Last week CNN inflicted a seven-hour “town hall” discussion with Democrat presidential candidates about so-called climate change (man-made global warming) on its handful of viewers. Fox News’ Tucker Carlson called it an act of “wanton cruelty.” LOL! He’s right! Most reaction we’ve seen runs along the lines of, “They don’t really mean the crazy things they say, like banning all fracking the first day they get in office.” We’re not so sure. The one takeaway you get from CNN’s marathon session is that the Democrat Party and ALL of its leading candidates want to assassinate the oil and gas industry. No more fossil fuels. No more fracking. The prospect of any of them assuming office is frightening.
    Read More “Leading Dem President Candidates Demand Frack Ban – Unrealistic?”

  • Best of the Rest

    Shale Energy Stories of Interest: Mon, Sep 9, 2019

    September 9, 2019September 9, 2019

    MARCELLUS/UTICA REGION: Natural gas finding niche in e-fracking, but diesel still rules; Women’s Energy Network Greater Pittsburgh Chapter announces awards from annual gala; OTHER U.S. REGIONS: Permian Basin natural gas prices up as a new pipeline nears completion; NATIONAL: No, shale’s not dying, it’s just maturing; Tucker Carlson: CNN’s town hall was not really about climate change, but about Dems controlling our lives.
    Read More “Shale Energy Stories of Interest: Mon, Sep 9, 2019”

  • Energy Companies | EQT Corp | Industrywide Issues | Lease & Royalty Payments | Litigation | Statewide WV | West Virginia

    EQT Drops WV Lawsuit re Post-Prod. Deductions on Flat Rate Leases

    September 6, 2019September 6, 2019

    The new leadership at the top of EQT continues to have a major impact on the company and its relationship with landowners and (in this case) entire states. Last year EQT launched an effort to overturn WV’s Senate Bill (SB) 360 (see EQT Still Fighting WV Minimum Royalty Law for Flat Rate Leases). The new SB 360 law disallows post-production deductions for flat rate leases, ensuring landowners receive a minimum 12.5% royalty. In April 2018 EQT sued to overturn the original law (from 1982) on which SB 360 rests–the law that guarantees a 12.5% royalty. Get rid of the original law, and the later law (disallowing deductions) disappears too. Last week EQT filed a motion to withdraw its lawsuit.
    Read More “EQT Drops WV Lawsuit re Post-Prod. Deductions on Flat Rate Leases”

  • Electrical Generation | Energy Services | FirstEnergy | Industrywide Issues | Litigation | Ohio | Statewide OH

    FirstEnergy Asks OH Supreme Court to Block Bailout Referendum

    September 6, 2019September 6, 2019

    FirstEnergy continues its desperate attempt to prevent a referendum measure from hitting the fall ballot in Ohio that would overturn a recently passed (very bad) law that bails out FirstEnergy’s failing nuclear power plants in the state to the tune of $1.5 billion. Earlier this week we told you FirstEnergy is running tinfoil hat commercials claiming China would soon control Ohio’s electric grid if the bailout bill is overturned (see FirstEnergy Runs Attack Ad, Claims China Controls OH NatGas Plants). Now FirstEnergy is asking the Ohio Supreme Court to block the ballot measure, denying voters the opportunity to vote.
    Read More “FirstEnergy Asks OH Supreme Court to Block Bailout Referendum”

  • Duke Energy | Energy Services | Industrywide Issues | North Carolina | Pipelines | Regulation | Williams

    NC Regulators File Objection to Williams PA Leidy South Pipeline

    September 6, 2019September 6, 2019

    This story is befuddling–we’re still trying to wrap our heads around it. The North Carolina Utilities Commission has filed a protest with the Federal Energy Regulatory Commission (FERC) objecting to Williams’ Leidy South expansion project, a project that is being built 100% in Pennsylvania! Why are NC regulators objecting to work being done in another state 500 hundred miles away?
    Read More “NC Regulators File Objection to Williams PA Leidy South Pipeline”

  • Electrical Generation | Industrywide Issues | Regulation | Statewide VA | Virginia

    Virginia Approves Marcellus-Fired Power Plant Project Near Richmond

    September 6, 2019September 6, 2019

    MDN first told you about plans to build the Chickahominy Power Station, a 1,650 megawatt state-of-the-art natural gas-fired power plant, in June 2018 (see Huge New Marcellus-Fired Power Plant Coming Near Richmond, VA). We’d not heard or read anything about the project since March of this year (see Marcellus-Fired Power Plant Project Near Richmond, VA Advances). However, there has been an important new development.
    Read More “Virginia Approves Marcellus-Fired Power Plant Project Near Richmond”

  • Energy Services | Industrywide Issues | Jobs | Nine Energy Services

    Nine Energy Trims Down, Sells Production Solutions Biz

    September 6, 2019September 6, 2019

    Nine Energy Service, an oilfield services company that competes with companies like Halliburton and Baker Hughes, operates in a number of shale basins, including the Marcellus/Utica. Last October Nine bulked up by buying out Magnum Oil Tools, a “downhole technology” company (see Nine Energy Buying Magnum Oil Tools for $493M). Now Nine is slimming down by selling off its Production Solutions division (i.e. well services business) to Brigade Energy Services for $17 million. Along with the sale goes a reduction of 24% of Nine’s workforce.
    Read More “Nine Energy Trims Down, Sells Production Solutions Biz”

  • Industrywide Issues | Pipelines | Regulation

    FERC Chairman Says Agency Should Not Set Global Warming Policy

    September 6, 2019September 6, 2019
    FERC Chairman Neil Chatterjee

    What a breath of fresh air is Federal Energy Regulatory Commission (FERC) Chairman Neil Chatterjee. At an industry event earlier this week, Chatterjee told attendees that his agency should not unilaterally decide on the so-called impacts a given pipeline project may have on mythical man-made global warming. Instead, such a directive (to consider global warming impacts) should come from Congress via legislation. FERC can’t simply assume such authority. Finally! Someone who follows the rule of law.
    Read More “FERC Chairman Says Agency Should Not Set Global Warming Policy”

  • CNG/LNG | Commodity Price | Industrywide Issues

    CME Group Launching First-Ever Physical LNG Futures Contract

    September 6, 2019September 6, 2019

    The CME Group, formerly known as the Chicago Mercantile Exchange, is a global derivatives marketplace based in Chicago–originally founded to sell physical commodities like grain and eggs. These days CME Group offers a range of financial trading products across all major asset classes, including those based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. CME Group is in the process of launching the world’s first-ever physically-delivered LNG contract. What is that and how does that affect our region?
    Read More “CME Group Launching First-Ever Physical LNG Futures Contract”

  • Best of the Rest

    Shale Energy Stories of Interest: Fri, Sep 6, 2019

    September 6, 2019September 6, 2019

    MARCELLUS/UTICA REGION: Cuomo’s pricey wind-power gift to unions; Methane reduction rules won’t change gas producer’s plans to cut back on emissions; OTHER U.S. REGIONS: NJR Midstream announces acquisition of Leaf River Energy Center; Monmouth College’s ‘Shale Play’ exhibit explores impact of fracking; NATIONAL: Electric generation transforms primary energy into secondary energy; Fact check: Kamala Harris misled America on#ExxonKnew; Reporters Notebook: Natural gas-powered buses becoming more visible; Methane emissions continue to drop; 5 surprising scientific facts about earth’s climate; Media’s embrace of ‘climate crisis’ raises alarm about journalistic objectivity; INTERNATIONAL: Dutch homeowners willing, but not eager to switch to natural gas-free living.
    Read More “Shale Energy Stories of Interest: Fri, Sep 6, 2019”

  • Cunningham Energy | Energy Companies | Gilmer County | Roane County | West Virginia

    Cunningham Energy to Drill More WV Shallow Horizontal Oil Wells

    September 5, 2019September 5, 2019

    It’s been over a year since we brought you news about Cunningham Energy, a small oil driller based in West Virginia (see Cunningham Energy Focuses on Shallow Horizontal Oil Wells in WV). Cunningham, backed by money from Viper Capital Partners, is once again in the news. Viper has just acquired drilling leases (and conventional wells) in Roane and Gilmer counties in WV. Viper says its drilling arm, Cunningham, will drill more “shallow” horizontal (fracked) wells in those locations, looking for oil.
    Read More “Cunningham Energy to Drill More WV Shallow Horizontal Oil Wells”

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

    NY DEC Will “Fight” FERC over Constitution Pipeline Decision

    September 5, 2019September 5, 2019

    You can’t say we didn’t see this one coming. Last week the Federal Energy Regulatory Commission (FERC) ruled that the New York Dept. of Environmental Conservation (DEC) took too long to deny a federal Clean Water Act “Section 401” water crossing permit for the Williams Constitution Pipeline project (see Victory! FERC Overrules NY DEC to Allow Constitution Pipeline). Meaning the project is now back on, approved by FERC itself. As we predicted, the DEC, thoroughly corrupted and politicized by Cuomo himself, says it will “fight” FERC’s ruling.
    Read More “NY DEC Will “Fight” FERC over Constitution Pipeline Decision”

  • Economic Impact | Electrical Generation | Industrywide Issues | Jobs | Michigan

    Delayed Michigan Gas-Fired Plant Finally Begins Construction

    September 5, 2019September 5, 2019
    click for larger version

    Nearly 20 years ago Indeck Energy floated a plan to build a an electric generating plant (powered by natural gas) in Niles, Michigan, not far from Chicago. In 2016 those plans got serious (see $1B Electric Plant Planned Near Chicago, M-U Connection?). In February 2018, Indeck said construction would begin in summer 2018–which never happened. Yesterday, Indeck finally held an official groundbreaking ceremony. The plant is now officially under construction.
    Read More “Delayed Michigan Gas-Fired Plant Finally Begins Construction”

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

    KM Evacuates Elba Island LNG Ahead of Dorian, More Delays

    September 5, 2019September 5, 2019
    click for larger version

    Disappointingly, Kinder Morgan’s Elba Island LNG export facility is still not up and running. According to “frustrated” KM CEO Steve Kean, “We were making very good progress on Elba, and then Hurricane Dorian happened.” Sure, blame it on the hurricane. KM wisely evacuated personnel working on the Elba project to avoid Dorian–we have no issue with that. But let’s be honest, this project is WAY behind schedule, originally supposed to be online last year. And it’s one of the smaller LNG projects!
    Read More “KM Evacuates Elba Island LNG Ahead of Dorian, More Delays”

  • Energy Companies | EQT Corp | Industrywide Issues | Litigation | Rice Energy

    EQT Settles Lawsuit Against Former Rice Employee

    September 5, 2019September 5, 2019

    In February, prior to the July takover by Toby and Derek Rice, EQT filed lawsuits in both Pennsylvania and federal courts against two former employees it had fired, claiming the employees, before they were fired, had systematically copied confidential information from company computers and took it with them when they left (see EQT Claims 2 Fired Workers Stole Confidential Information). In March, EQT alleged the employees “stole” the information to help the Rice boys in their bid to take over EQT via a proxy war (see EQT Accuses Fired Employees of Colluding with Rice Boys). EQT just settled/dropped one of the two cases.
    Read More “EQT Settles Lawsuit Against Former Rice Employee”

  • Ohio | Statewide OH

    Ohio has Money, Needs Contractors to Plug Orphan Wells

    September 5, 2019September 5, 2019

    It’s time to help the orphans in Ohio–orphan wells, that is. Ohio has some 1,000 orphaned/abandoned oil and gas wells. In early 2018 Ohio passed a new law making more funds available to plug orphaned wells–important because drilling a horizontal shale well through an old conventional/orphaned well can result in a disaster. Although Ohio now has plenty of money to plug their orphaned wells, there’s a shortage of contractors to do the work.
    Read More “Ohio has Money, Needs Contractors to Plug Orphan Wells”

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