The latest edition of the MDN Weekly Digest is now ready. The digest is the meat and “essence” of each story for all posts appearing on the MDN website during the past week, collected in a single PDF document capable of being downloaded and printed. The Weekly Digest is available to paying subscribers only as part of your monthly or annual subscription to MDN.
Read More “MDN Weekly Digest – Feb 2, 2019”
Yes, we told you so. We told you that if our friends in PA were to unwisely reelect Tom Wolf for a second (and thankfully final) term as governor, he would continue to fight for a Marcellus-killing severance tax each and every year of his ignominious second term. Democrats (and some Republicans) just can’t keep their hands off other people’s money–it’s in their DNA.
Read More “PA Gov. Wolf Launches Severance Tax Fight 5th Year in a Row”
How the voters of northeast Pennsylvania who support shale energy continue to reelect Gene Yaw as their State Senator is beyond us. He’s proven in the past that he will fold like a cheap suit on the issue of a severance tax. He did so once again yesterday, implying he supports Democrat Gov. Wolf’s latest effort to tax the shale industry into oblivion.
Read More “PA Sen. Gene Yaw, in Heart of Marcellus, Supports Severance Tax”
In November the Pennsylvania Supreme Court agreed to hear a case, Briggs v. Southwestern Energy, that is hands-down the most important court case to ever happen regarding the Marcellus Shale in PA. And no, we’re not exaggerating. A blizzard of briefs by Southwestern and those supporting Southwestern were filed earlier this week.
Read More ““Rule of Capture” Briefs Filed w/PA Supreme Court in Briggs Case”
The Utica Shale is beginning to get noticed in southwestern Pennsylvania. The rise of the Utica can be traced back to a single well drilled by CNX Resources in 2015.
Read More “The Rise of the Utica…in Southwest Pennsylvania!”
Yesterday CNX Resources, a Marcellus/Utica driller headquartered in Pittsburgh and concentrating on southwest PA, issued its fourth quarter and full year 2018 update, along with looking-ahead guidance for 2019. Like other M-U drillers we’ve recently chronicled, CNX is scaling back its budget for 2019–by 5-10%. But even spending less, the company says it will produce about 5% more gas in 2019.
Read More “CNX Resources: Scaling Back in 2019, Still Loves the Utica”
Tallgrass Energy, builder and operator of the mighty Rockies Express (REX) pipeline which is a critical link that flows Marcellus/Utica gas to Midwestern markets, dropped a bombshell announcement yesterday. The company said that investment firm Blackstone is buying a “controlling” interest in the company. Which raises the question, will Blackstone indeed “control” the company?
Read More “Blackstone Buys Controlling Interest in Tallgrass Energy”
The U.S. Energy Information Administration recently published its Annual Energy Outlook for 2019. Among the numbers EIA released are predictions about how much natural gas liquids (NGLs) the U.S. will produce between 2018 and 2050. EIA says production will go up 32% over that period, to 5.8 million barrels per day (b/d). Guess where most of that increase will come?
Read More “EIA Says NGL Production Will Grow Massively in Marcellus/Utica”
MARCELLUS/UTICA REGION: Bitter cold tests electricity, natural gas systems; Dominion Energy donates $1.6 million to charities meeting critical community needs; Con Ed riles Westchester with moratorium on natural-gas hookups; OTHER U.S. REGIONS: Epic fail of renewables causes Texas town to have $1200 per year higher power bills; NATIONAL: Natural gas prices slump despite US winter weather blast; Natural gas is doing far more than renewables to clean our air; Sen. Whitehouse, #ExxonKnew activists try to revive failing climate litigation campaign; The New York Times got it wrong in “Drilling Down” and shale wins again; The Energy 202: 2020 hopefuls love talking about a ‘Green New Deal.’ But they’re short on specifics.; Commissioner, former chair Cheryl LaFleur to leave FERC this year.
Read More “Energy Stories of Interest: Fri, Feb 1, 2019”
Here’s an interesting twist on the theme of drillers shorting leaseholders out of royalty money. Usually such cases involve drillers claiming post-production deductions from landowner royalty checks. This time the landowner/rightsholder is Columbia Gas Transmission (pipeline company owned by midstream giant TransCanada), and the claim is that Southwestern Energy (driller) is not paying royalties for gas produced but not actually sold.
Read More “Columbia Sues Southwestern Energy for Shorting Royalties in WV”
A pipeline compressor station for Consumers Energy (Michigan utility company) experienced an explosion and fire yesterday morning. The facility is located in the Lower Peninsula of Michigan in Macomb County.
Read More “Michigan NatGas Compressor Station Catches Fire, Explodes”
The folks who keep track of these things expect today’s record-cold polar vortex in the Midwest and northeast (coldest temps in more than a generation, hey, what was that about global warming?) will create the highest demand/usage of natural gas for a single day–ever. Prognosticators also predict a “freeze-off” in the Marcellus/Utica, causing a temporary 1 Bcf/d decrease in production.
Read More “All-Time Record NatGas Demand Expected Today; M-U “Freeze-Off”?”
Canadian pipeline giant TransCanada, which owns the Columbia Pipeline system here in the U.S., blames the Marcellus/Utica for a huge drop in volumes flowing through its Canadian Mainline from Western Canada to Ontario and Quebec.
Read More “Lowball Western Canadian Gas Can’t Compete with Marcellus/Utica”
Virginia House of Delegates member Lee Ware, a Republican, has “quietly” introduced a bill in the General Assembly that would block Dominion Energy, builder of the Atlantic Coast Pipeline (ACP), from passing along costs related to the pipeline to the electric generating plants and their ratepayers that will use the cheap natural gas made available by the pipeline.
Read More “Va. Bill Would Block Atlantic Coast Pipe from Passing Along Costs”
The Environmental Protection Agency’s (EPA) office of enforcement is close to launching a new audit policy “that will offer significant new penalty reductions for the oil and gas industry.” That’s how the news is being spun–that oil and gas are about to get a big, fat, wet, sloppy kiss from the EPA. The truth is far different from the media spin.
Read More “EPA Plan Allows E&Ps to Self-Report Clean Air Act Violations”
As we have noted recently in a number of posts, it appears we’re heading into a dip of drilling activity–not only in the oil plays but also here at home in the Marcellus/Utica (see Trend: Marcellus/Utica Drillers Will Drill Less in 2019). However, a recent analysis piece by S&P Global Platts says while oil-focused drilling is objectively in decline (lower rig counts), overall gas-focused drilling, so far anyway, remains strong.
Read More “Oil Drilling in U.S. in Decline, but Gas Drilling Remains Strong”