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    Which Skills do M-U Employers Most Need in New Employees?

    The answer to the question posed in our headline for which skills are most valued (and missing) in new employees looking to work at companies involved in the Marcellus/Utica industry may surprise you. Would the answer be, detailed industry knowledge, like knowing what mud logging, wire lines and Christmas tree (wellheads) are? Nope. Employers can teach those things on the job. How about subject-specific skills, like knowing how to weld (if you work in the field), or the difference between debits and credits (if you work in the accounting department)? Obviously if you apply for a welding job, or an accounting job, you’ll need to know something about those specific areas. But no, we’re talking about what kinds of skills ALL new employees should have, regardless of which area they work (in the field or in the office)–skills that so often are missing in new hires. Would you believe those skills are: writing, speaking and time management? Yep, according to a study done by RAND Corporation looking at how employers and colleges in the Marcellus/Utica region are preparing workers for the shale workforce, they found a skills gap in workers who don’t know how to properly write, speak and manage their time effectively…
    Read More “Which Skills do M-U Employers Most Need in New Employees?”

  • Energy Stories of Interest: Tue, Aug 14, 2018

    The “best of the rest”–stories that caught MDN’s eye that you may be interested in reading: Time to contain the sand blowing around Stowe; what DRBC should be doing instead of playing fracking games; bust doesn’t always follow oil and gas boom; US refineries running at near-record levels; new video – Putin’s useful American eco-idiots; top 5 industry shifts fueling the future of drilling; frackers burn cash to keep the oil boom going; China cuts off nose to spite its won face re LNG tariffs; and more!
    Read More “Energy Stories of Interest: Tue, Aug 14, 2018”

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    FERC Shuts Down ALL Work on Atlantic Coast Pipeline

    As MDN predicted last week (see Federal Court Stops Works on Some (All?) of Atlantic Coast Pipe), the Federal Energy Regulatory Commission, following a ruling by a federal court that vacated (withdrew) permits for work being done on Dominion Energy’s Atlantic Coast Pipeline (ACP), has told Dominion to quit working on all of the pipeline everywhere. At least until this current legal mess, created by the Sierra Club, can be sorted out. It was an easy prediction to make. FERC did the same thing with Mountain Valley Pipeline when the same court pulled permits for a piddly 3.5 miles of pipeline as it crosses the Jefferson National Forest (see FERC Shuts Down ALL Work on Mountain Valley Pipeline in WV, VA) . In ACP’s case, the court pulled permits for work on 100 miles of pipeline (out of 600 miles). Dominion said in a statement that they’re already working with the two agencies that had issued various permissions overturned by the court, and Dominion expects the matter will be resolved quickly so that the final in-service date is not moved. As a reminder, the Sierra Club convinced the Fourth Circuit Court of Appeals to overturn permits granted by the U.S. Fish and Wildlife Service (FWS) and the U.S. National Park Service (NPS) granted to ACP to cross the Blue Ridge Parkway. However, the rolled-back permits affect some 100 miles of work. The court, in rolling back ACP’s permits, told FERC they should shut down work on the entire project until this matter is resolved. On Friday FERC did just that…
    Read More “FERC Shuts Down ALL Work on Atlantic Coast Pipeline”

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    Chesapeake Settles NEPA Royalty Lawsuit for Pennies on the Dollar

    Chesapeake Energy has, according to the Pittsburgh Post-Gazette, “reached a $7.75 million settlement agreement with about two-thirds of its Pennsylvania natural gas royalty owners.” At the end of last year Chesapeake Energy offered a $30 million deal to Pennsylvania landowners to settle claims the company had screwed them out of royalty money by artificially inflating post-production costs in an elaborate scheme to pocket more money at landowners’ expense (see Chesapeake Agrees to $30M Royalty Settlement for PA Landowners). Chesapeake’s proposed deal last year would have given the average PA leaseholder (some 14,000 of them) a one-time $2,140 payment–adjusted up or down for the size of their acreage. This new deal, for 10,000 of the same leaseholders, offers $7.75 million–an average of $775 per landowner. Which is piddly. It’s nothing. An insult. Last year Chesapeake’s deal with leaseholders required the state Attorney General’s office, which has an ongoing, separate lawsuit filed against Chesapeake over the same issue, to settle as well. The AG’s office refused (see PA AG Not Backing Down re Chesapeake Energy Royalty Lawsuit). In fact, the AG’s office is still refusing to settle, with this new deal. Yet now Chesapeake is willing to move forward without the AG as part of the settlement. Heck yeah! Convince these desperate folks to take, literally, pennies on the dollar. What company wouldn’t go for that deal? Any way you slice this, northeast PA landowners are getting screwed if they agree to Chesapeake’s deal. They get a maximum of 8% back of the inflated “costs” Chesapeake originally deducted from royalty checks. We suppose some will say 8% now is better than maybe nothing or very little years from now. We don’t see it. We see these good landowners getting shafted in this deal…
    Read More “Chesapeake Settles NEPA Royalty Lawsuit for Pennies on the Dollar”

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    Granite Bridge Shows How to Build a New Pipeline in New England

    Pssst. Don’t tell anyone, but somebody has figured out how to get a pipeline built in New England. Keep it quiet–just between us, K? Time after time we’ve seen worthy, sensible natural gas pipeline projects proposed for New England. And time after time they’ve been shot down by radical Big Green groups and sleazy politicians (like MA Sen. Elizabeth Warren and MA AG Maura Healey) who are in the pockets of Big Green. Instead of building a pipeline from the Marcellus to New England–a few hundred miles–those same sleazy politicians would rather have Russian LNG imported to avert annual energy crises (see Confirmed: LNG Coming to Boston on Jan 22 is Illegal Russian Gas). Kinder Morgan is one of the casualties, pulling the plug on its Northeast Energy Direct project (see NED is Dead – Kinder Morgan Suspends $3.3B New England Pipeline). Spectra Energy’s Access Northeast is another casualty, although as we reported in May, Access Northeast may once again have a weak pulse (see NH Supreme Court Decision Puts New England Pipe Back in Play). MDN recently told you that a New Hampshire utility company, Liberty Utilities, had floated a new plan to build a teeny tiny new pipeline, called Granite Bridge, that will run underground along Route 101 from Stratham to Manchester (see Liberty Utilities Floats Plan for 27-Mile Pipeline in Southern NH). In addition, Liberty proposes building a natgas storage facility in an empty quarry in Epping. We’re not exactly sure where the extra gas will come from that will get stored and then pumped along this new pipeline (Liberty says it’s coming from the “Seacoast”). At the time of that post we asked whether/if ANY pipeline can built in New England ever again? It appears the answer to our question is yes, a pipeline CAN get built! Granite Bridge has quietly, behind the scenes, built up a full head of support for their project. Some 22 of 24 NH state senators support the project, along with Republican Gov. Chris Sununu. What lessons we can learn from Granite Bridge for how to get a pipeline project built in New England?…
    Read More “Granite Bridge Shows How to Build a New Pipeline in New England”

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    Extra 2.8 Bcf/d of M-U Gas Heading to Gulf Coast This Year

    Last week our favorite government agency, the U.S. Energy Information Administration, posted an article on their Today in Energy website chronicling an astonishing fact: By the end of this year, nearly 19 billion cubic feet of natural gas pipeline capacity will be moving natgas *into* the South Central region–in other words, gas moving into the Gulf Coast of Texas and Louisiana. That is truly astonishing, because a few short years ago the Gulf Coast (largely from offshore supplies) shipped gas *out of* the region. But now, gas will flow into that region, even amidst record natgas production happening in the Permian Basin. What caught our eye about the article is that 2.8 Bcf/d of gas that will flow into the region will come from the Marcellus/Utica, from three pipelines: Rayne XPress, Gulf XPress, and Atlantic Sunrise. Rayne XPress went online late last year (see FERC Clears 1 Bcf/d Rayne Xpress Pipe to Begin Service). Gulf XPress, which is seven new compressor stations being built along the Columbia Pipeline system, is due to go online in November of this year (see Leach XPress Goes Online; FERC Approves Mountaineer & Gulf XPress). Atlantic Sunrise is supposed to go online this month (see Genscape Confirms Atlantic Sunrise Pipe Ready to Flow in August). Other M-U gas already (and more soon will) goes to the Gulf Coast as well. Here’s the great news that more of our gas is heading to the Gulf…
    Read More “Extra 2.8 Bcf/d of M-U Gas Heading to Gulf Coast This Year”

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    WV DEP Proposes Changes in Pipeline Stream Crossing Permit

    West Virginia has just published a draft revision for terms and conditions under which the state will issue a “Section 401” water permit for federally approved pipeline projects. Under the federal Clean Water Act (CWA), the federal government delegates some of the responsibility in approving a pipeline project to the individual states. It’s a small but important part of the regulatory pie. Under Section 401 of the CWA, states get one year to review a pipeline project–to evaluate where that project will cross streams and rivers. If the state doesn’t like something about the plan, they tell the pipeline company and the plan gets revised. That’s how it’s supposed to work. Instead, some states (like New York) are abusing Section 401 and simply refusing to issue the permit, effectively killing entire pipeline projects. That’s not the intent of the regulation, something Congress is now looking to fix. We can’t have tinhorn dictators like Andrew Cuomo telling other states (like Pennsylvania) that you can no longer build pipelines into or through a neighboring state. That’s why approval of interstate pipeline projects resides at the federal level and not the state level–to prevent one state holding another hostage. WV has had some issues of their own with respect to Section 401 approvals (see WVDEP Reverses, Waives Water Permit for Mountain Valley Pipeline). Perhaps because of previous problems, like the issue with MVP, the WV Dept. of Environmental Protection has just floated proposed changes to the criteria they use in awarding a Section 401 permit…
    Read More “WV DEP Proposes Changes in Pipeline Stream Crossing Permit”

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    Williams Finally, After Years, Buys Out Williams Partners Subsidiary

    Williams, after years of saying it would so, finally bought out and merged in its Williams Partners MLP subsidiary. The on-paper $10.5 billion merger happened last Friday. Williams originally planned to do this in May 2015 in a deal worth $13.8 billion (see Williams is Buying Out Williams Partners Subsidiary for $13.8B). Shortly after Williams’ announcement, Kelsy Warren and his Energy Transfer Equity company pursued Williams, wanting to merge Williams into its own operation. The ETE distraction caused Williams to put a merger with Williams Partners on hold. Williams initially fought ETE, but in the end cut a deal (see Williams Accepts ETE’s “Indecent Proposal” – Price Went Down $10B). Without recounting the all the sordid details, ETE got cold feet and left Williams at the alter, and Williams sued (see Merger Turns Sour: Williams Sues ETE/CEO Kelcy Warren). The merger never happened, and near as we can tell, the lawsuits over the aborted attempt to merge still are not fully resolved. In the end, Williams remained a standalone company. Williams CEO Alan Armstrong not only survived the botched ETE attempt to take it over, he also survived an attempted board of directors coup against him not long after the merger went bust (see Half of Williams Board, Including 2 Corporate Raiders, Quit). Armstrong is a survivor and Williams is now doing great. Last Friday’s merger of the MLP Williams Partners into the Williams C Corporation is proof of that. In the end, the deal cost Williams (C Corp) stockholders $10. 5 billion (see FERC Tax Decision Forces Williams to Restructure – No More MLP). Here’s the news that Williams is now, finally, all under one umbrella…
    Read More “Williams Finally, After Years, Buys Out Williams Partners Subsidiary”

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    Cuomo Plan to Divest Pension Fund from Fossil Fuels Cost NY $1T

    Andrew Cuomo – tinhorn dictator of NY

    Sorry to harp yet again on the tinhorn dictator Andrew Cuomo, so-called governor of New York, but his actions are so egregious, so outside the mainstream, we can’t keep silent. Cuomo is bragging that he’s not only shut down fracking in the state, he’s also blocking natural gas pipelines and blocking new gas-fired electric generating plants. He’s clinically off his rocker. And now Cuomo is pushing NY’s public employee pension fund to completely divest any stock holdings in fossil fuel companies. University of Chicago Law School Prof. Daniel Fischel and Compass Lexecon economists Christopher Fiore and Todd Kendall have analyzed the risks associated with fossil fuel divestment by both New York and Colorado’s retirement funds. They found that over the next 50 years, divesting NY’s retirement fund will cost NY pensioners $1 TRILLION of value they otherwise would have had in their pockets. Will anyone have the guts to stop the Cuomo train wreck before it’s too late?…
    Read More “Cuomo Plan to Divest Pension Fund from Fossil Fuels Cost NY $1T”

  • Energy Stories of Interest: Mon, Aug 13, 2018

    The “best of the rest”–stories that caught MDN’s eye that you may be interested in reading: Eight permits awarded in OH Utica last week; another surcharge on your PA gas bill?; WV gas industry pushing for electric plants; fracking industry in Pittsburgh offers a different sort of high-tech job; WVU shale lab digs into M-U permeability testing; water company ordered to pay back wages; Cheniere inks 25-year deal with Taiwan; Toshiba looks to unload US LNG contracts; Bank of the West turns hostile to fossil fuel industry; Solaris Oilfield hires former Range Resources COO for board; and more!
    Read More “Energy Stories of Interest: Mon, Aug 13, 2018”

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    FREE Audio: MDN Top 5 Stories for Week of August 6, 2018

    Below is an audio recording (“podcast”) featuring the Top 5 stories most read over the past week on MDN. Just click on the green button to listen. Below the recording is a list of the Top 5 with links to click to read the full stories (available only for subscribers). This list is meant as a way for folks to quickly catch up on the most essential news of the week–“essential” as determined by MDN’s audience of readers. Enjoy!


    Read More “FREE Audio: MDN Top 5 Stories for Week of August 6, 2018”

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    Robert McNally New EQT CEO; Thomas Karam New EQT Midstream CEO

    Robert McNally – EQT’s former CFO and new CEO

    EQT finally has a new CEO. And we’re here to pat ourselves on the back as the first media outlet to name him–two weeks ago! MDN previously noted that for both EQT’s annual meeting in June, and then again for EQT’s quarterly update with analysts, “acting” CEO David Porges wasn’t anywhere to be found (see Strange: EQT Interim CEO Porges Skips Quarterly Conference Call). Here were our exact words, two weeks ago today: “Porges also skipped yesterday’s quarterly analyst phone call to update big investors on the company’s performance (equally unheard of). Once again the heavy lifting fell to Robert McNally, EQT CFO, to be “the guy” sent out front and center to talk about the company….EQT is currently conducting a search to find a new CEO. In the meantime, board chairman and former CEO David Porges stepped back into the role of CEO. But judging from his absence at critical events where the CEO always shows up, it’s pretty obvious he isn’t actually running the company. Looks to us like McNally is the guy running the company.” MDN was the *only* media outlet to say what nobody else would say–that McNally is the guy running the show. And my oh my, how right we were! Yesterday EQT issued a statement to say that McNally has been named as the permanent/new CEO. In addition, the company named Thomas Karam to head up (become CEO of) the midstream division that’s about to be spun off into its own standalone company. Karam replaces Jeremiah Ashcroft who was “relieved of all duties with EQT and its subsidiaries, effective August 8, 2018” (i.e. fired)…
    Read More “Robert McNally New EQT CEO; Thomas Karam New EQT Midstream CEO”

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    Anti Fossil Fuel Zealots in Oneonta, NY Oppose CNG Terminal

    A boatload of anti fossil fuel zealots from Cooperstown put down their wine glasses long enough to pack an auditorium in nearby Oneonta to bloviate against a sensible plan to build a CNG “decompressor” facility to accept trucks loaded with CNG during wintertime and summertime when area supplies of natgas get dangerously low. We wrote about the proposed facility, described as “a decompression station for compressed natural gas deliveries by truck to supplement resources” two weeks ago (see Oneonta, NY Wants to Build NatGas Decompressor for Short Supplies). In brief, here’s the issue: On really cold and really hot days there’s not enough natural gas in the region, and some large users of gas, like the local hospital and state university, actually have to stop using gas and switch to burning oil as a backup. It’s nuts. To overcome lack of clean-burning gas supplies, the local econ development people are trying to chase down grants to build a decompression station which would be used for maybe two weeks out of the entire year. Wednesday night the Oneonta Town Board held a hearing to get more details about the project. The loons from Cooperstown (i.e., Otsego 2000) turned out in force, some 100 of them, to protest the plan. Why? Because it’s a “fossil fuel.” What did the loons offer as an alternative to this sensible plan to truck in CNG only on days when it’s needed? They recommend “retrofitting old buildings to save energy” (i.e. throw on extra sweaters and turn the thermostat down), or switch to renewables. You know, solar and wind nirvana. What about when the sun doesn’t shine and the wind doesn’t blow? Just do without. It’d only be for a few days at a time…
    Read More “Anti Fossil Fuel Zealots in Oneonta, NY Oppose CNG Terminal”

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    EmberClear to Pay $31M in Lieu of Taxes for Cadiz, OH Power Plant

    Ever hear of a PILOT? No, not the airplane kind. A PILOT is a “payment in lieu of taxes”–a common arrangement for electric generating plants. If such plants paid property taxes at full market value, the taxes would be so insanely high the plants would be uneconomical and therefore wouldn’t get built. So PILOTs are used instead. Such an agreement was recently reached between EmberClear and Harrison County, OH. In September 2016, MDN reported that EmberClear planned to fund and build a new $900 million electric generating plant in Harrison County (see $900M Utica Gas-Fired Electric Plant Coming to Harrison County, OH). The Harrison Hills Power Plant will be fed by Utica Shale gas. EmberClear received approval for the project in June from the Ohio Power Siting Board (see Ohio Approves $900M Harrison County Power Plant in Cadiz, OH). Although construction has not yet begun, another piece of the puzzle has fallen into place. EmberClear agreed to pay $31 million in PILOT payments (i.e. taxes) over 15 years, which will help fund the Harrison Hills City School District as well as Harrison County and its municipalities. With a PILOT now in place, the plant will get built, beaucoup payments will get made, and everybody will be happy…
    Read More “EmberClear to Pay $31M in Lieu of Taxes for Cadiz, OH Power Plant”

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    CPV Floats Plan for New Marcellus-Fired Power Plant in NJ

    For some reason, Competitive Power Venture (CPV) picks states that are adamantly opposed to new gas-fired electric plants as the location for new projects. We wrote yesterday about CPV’s project in Orange County, NY. With four days left before CPV was due to throw the switch and start the plant, the very corrupt Gov. Andrew Cuomo pulled the rug out from under them (see 3 Options for Blocked NY Marcellus-Fired Electric Plant). CPV already owns a gas-fired plant in Woodbridge Township (Middlesex County), NJ. CPV has just floated a plan to build a second gas-fired plant next to the existing plant in Woodbridge. Yeah, gluttons for punishment. NY and NJ are two peas in a Big Green pod. Radicalized environmentalists are already sounding the alarm about the new Woodbridge project. Here we go again…
    Read More “CPV Floats Plan for New Marcellus-Fired Power Plant in NJ”

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    Franklin County, VA Landowners Lose Round #1 to Stop MV Pipe

    A federal judge turned down a request by six Franklin County, VA landowners to shut down construction of the Mountain Valley Pipeline (MVP) in their area. The six claim that work being done by MVP is leading to soil erosion–that storm water runoff has resulted in mountains of mud ending up on their property. The legal argument is “trespass” for failing to do the work correctly, thereby leading to an intrusion on their property. The judge denied the request. However, the judge did not toss out the entire lawsuit–only a request for a preliminary injunction. The lawsuit itself will continue. Not that it makes much of a difference. All work on MVP is currently stopped anyway (see FERC Shuts Down ALL Work on Mountain Valley Pipeline in WV, VA). There’s no need for a preliminary injunction if there’s no work happening. Here’s the story of six ticked-off landowners not happy with how MVP is doing work in their area…
    Read More “Franklin County, VA Landowners Lose Round #1 to Stop MV Pipe”