Allegheny County | Chevron | Energy Companies | Lease & Royalty Payments | Pennsylvania | Westmoreland County
PA Leases Youghiogheny River Land in SWPA to Chevron $4K/Ac
The Pennsylvania Dept. of Conservation and Natural Resources (DCNR), every now and again, will lease state-owned land for gas drilling. The DCNR has just leased land under the Youghiogheny River in Allegheny and Westmoreland counties. We have the full lease, and lease terms, below…
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Bureaucracies move about as fast as the glaciers in Antarctica. It doesn’t matter where the bureaucracy is located–federal, local, or in this case, state government.
Ole Andrew Cuomo (pronounced Coo-moh by many people we know) is facing a classic Catch-22 situation. He has long promoted and earnestly wants a new arena as the home for the New York Islanders hockey team, but unless he allows a new natural gas pipeline under New York bay, he’s not going to get it.
Here’s an interesting factoid: Even with our improved fracking technology, the amount of oil and gas that stays in the ground after a well is fracked is around 90%! Yes, even on our best days we’re only extracting maybe 10% of the fossil fuels down there. Can that ratio be improved?
MARCELLUS/UTICA REGION: Anniversay of de Blasio’s divestment announcement; OTHER U.S. REGIONS: Baker urged to reject natural gas air permits; New Canaan natural gas project could move downtown a year early; Vermont Gas ordered to show whether engineer OK’d pipeline plans; NATIONAL: Fossil generators ask Supreme Court to review state nuclear subsidies; Americas target petrochemicals; 626 groups urge congress to phase out fossil fuels, build green economy; INTERNATIONAL: For energy markets, geopolitical risk is the new normal.
Yesterday Chesapeake Energy issued a preliminary report on fourth quarter 2018 results, and an operational update looking ahead to 2019. Embedded in the 2018 information is some blow-the-doors-off big news!
A month ago MDN told you that EQT Midstream’s (now Equitrans) 300-mile Mountain Valley Pipeline (MVP) from West Virginia to southern Virginia is now 70% done (see 
TransCanada is undergoing a name change, from TransCanada to TC Energy, in order to more accurately reflect the fact they operate in more than just Canada.
A new report (full copy below) by the U.S. Chamber of Commerce Global Energy Institute (GEI) found that the anti-energy “Keep it in the Ground” (KIITG) movement has prevented at least $91.9 billion in domestic economic activity and eliminated nearly 730,000 job opportunities. In addition, federal, state, and local governments have missed out on more than $20 billion in tax revenue.