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    Captain Planet Cartoon that Brainwashed Kids, Now a Foundation!

    You know, for years we’ve poked fun at green leftists, saying they were raised watching Captain Planet cartoons–and that’s what warped their brains. Little did we know how right we were in our jocularity! Captain Planet was a cartoon created and produced by Ted Turner & Barbara Pyle, airing from 1990-1996. Did you know that there’s now a foundation, endowed with big bucks, called The Captain Planet Foundation? No lie! It was set up in 2001, funded by Turner and other lefty whack jobs. This is what we’re up against folks. The Captain Planet cartoon, brainchild of radical leftist Democrat Ted Turner (Turner Broadcasting), intentionally brainwashed a generation of our children, planting kindergartenish, simpleton ideas into our children’s heads. Unfortunately some of our kids never grew up. Not intellectually. Some of them still harbor childish, immature ideas that corporations are out to “loot and plunder”–there’s a character in CP cartoons called Looten Plunder, no lie. Do you know how silly it looks to support a foundation based on a kid’s cartoon?…
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  • Energy Stories of Interest: Wed, Sep 5, 2018

    The “best of the rest”–stories that caught MDN’s eye that you may be interested in reading: Dominion Energy/SCANA merger achieves another key milestone; Alamance County, NC commissioners oppose Mountain Valley Pipeline; Schlumberger CEO warns transport constraints to slow shale gains; Venture Global’s two Louisiana projects would double U.S. LNG exports; Investing in the Energy Sector 101; Stanford researchers discuss how to reduce major cause of oil and gas production emissions; Natural gas is already a bridge fuel; Melting Arctic creates new opportunities for LNG; Big Oil’s LNG obsession; and more!
    Read More “Energy Stories of Interest: Wed, Sep 5, 2018”

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    PA Natural Gas Production Hits Another All-Time High in 2Q18

    Last Thursday the PA Independent Fiscal Office (IFO) released their latest quarterly Natural Gas Production Report for Apr-Jun 2018 (full copy below). It shows natgas production rose 9.9% compared to the same period last year–same as the increase in 1Q18 (see PA Natural Gas Production Hits New All-Time High in 1Q18). The report also shows the number of producing wells is up 10.4% from last year. Total natural gas production volume was 1,455.8 billion cubic feet (Bcf), and the number of producing wells in 2Q18 was 8,672 (of which 8,194 were shale wells). The biggest news is that once again 2Q18 saw the highest quarterly production of natural gas in the state–ever. This is the seventh quarter in a row there has been an increase in production. Two-thirds of the state’s natural gas production consistently comes from four counties: Susquehanna, Washington, Bradford and Greene. The #1 county for natgas production in 2Q18 was, as it was in each quarter of 2017 and in 1Q18, Susquehanna County, in the northeastern corner of the state. The #1 producing driller in Susquehanna County is Cabot Oil & Gas. Here’s the full 2Q18 natural gas production report from the IFO…
    Read More “PA Natural Gas Production Hits Another All-Time High in 2Q18”

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    Shell Ethane Cracker Gets Reprieve from Trump Steel Quotas

    Shell ethane cracker plant under construction in Monaca, PA – so many cranes you can’t count them!

    RINO Pat Toomey can rest easy–there will be no delays in building the $6 billion Shell ethane cracker near Pittsburgh. The Trump Administration previously slapped a 25% tariff (i.e. tax) AND quotas on imported steel coming from countries dumping steel in our markets, driving out our own steel industry. Last week Trump lifted the quota from steel coming from certain countries, including Brazil. Shell is getting steel they need for the cracker from Brazil. Indeed, Shell’s Brazilian steel is already sitting in a U.S. port, undelivered due to the quota (a limit on how much can be imported). Now Shell’s steel can get shipped to Pittsburgh and used by the army of people working there. But get this: Shell will still have to pay the 25% tariff/extra charge for their Brazilian steel. Toomey, an early and persistent Trump critic (and a DC swamp dweller), one of PA’s two U.S. Senators, recently claimed Trump’s quotas/tariffs would result in layoffs and delays at the cracker (see Sen. Pat Toomey Claims Trump Tariffs Will Delay Shell Cracker). With that barrier now gone, Toomey will have to find something else to criticize about Trump. How about his hair?…
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    WV’s Acting Secretary of Commerce is MIA – Hurting Investment?

    In an act still befuddling for us, West Virginia Gov. Jim Justice fired Commerce Secretary Woody Thrasher in June (see WV Commerce Secretary Who Brokered $83B China Deal…Fired). Thrasher took over as Commerce Secretary in January 2017 as part of the new Gov. Jim Justice Administration. Thrasher is “the guy” most responsible for putting together the massive $83.7 billion deal signed by China last November to invest in WV shale and petrochemicals (see China Agrees to Invest Amazing $83.7 BILLION in WV Shale, Petchem). It was the relationships established by Thrasher that led to that deal. So what happened to Thrasher? Why was he fired? It has nothing to do with the China deal. Anyway, Justice appointed W. Clayton Burch as Acting Secretary of Commerce. According to attendees at the recent West Virginia Chamber of Commerce Annual Meeting and Business Summit, nobody has seen Burch. Or at least, almost nobody. The head of the Chamber had face-to-face meeting with him once. Business leaders and legislators in WV are grumbling that they haven’t seen or heard from Burch since his appointment 80 days ago. It’s pretty obvious he’s just filling in until Justice gets off his derriere and appoints a new, permanent Secretary. The concern is that important projects, like the $83.7 billion deal with China, are suffering. Who will invest in WV if there’s no one to make decisions and propel projects forward?…
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    How MarkWest Gets Marcellus/Utica NGLs to Market

    The Marcellus and Utica Shale layers in Southwestern Pennsylvania, northern West Virginia and eastern Ohio produce a boatload of NGLs–natural gas liquids. One company had the foresight to plan a strategy to separate, transport and sell those NGLs. That company was MarkWest Energy, now known as MPLX following a purchase by/merger into Marathon Petroleum. MarkWest’s plan is firing on all cylinders. The experts at RBN Energy have analyzed MarkWest’s initial strategy, now largely complete, and their long-term strategy, still in the works, to give us a great snapshot of how NGLs are moving from our region to Midwestern and Canadian markets…
    Read More “How MarkWest Gets Marcellus/Utica NGLs to Market”

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    Dominion Takes Out $3B Loan for Cove Point Facility

    This another one of those high finance thangs we don’t fully understand. Dominion Energy spent $4 billion to build their Cove Point LNG export facility in Lusby, Maryland. Somehow and somewhere they got money to build it–investors perhaps, or maybe Dominion had some cash tucked away under the corporate mattress. Dominion wants to get some of that debt off its books, so it has just structured a three-year loan with 20 lenders for $3 billion, reducing the company’s “parent level debt”–as opposed to child or subsidiary level debt. What it all means, if we’re understanding it correctly, is that Dominion is moving debt from the parent company’s balance sheet to the Cove Point subsidiary company’s balance sheet. Prior to this, Cove Point “owed” the money to Dominion itself (all in the family), and now, instead, the Cove Point subsidiary will owe that money to lenders directly. That’s our take. Hopefully it won’t take long for Cove Point to pay off the debt…
    Read More “Dominion Takes Out $3B Loan for Cove Point Facility”

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    Schlumberger Donates $14M in Software to Youngstown State Univ

    Houston-based Schlumberger (pronounced Shlum-Bur-Zhay) is the world’s largest oilfield services company. They’re the company a majority of exploration and production companies (drillers) call when they want a new well drilled. The #2 company on speed dial for drilling new wells is Halliburton, and they’re not even close in size to #1 Schlumberger. Here in the U.S., the #3 company on speed dial for drilling is Baker Hughes, still (for now) owned by GE. We mention all that because most folks recognize the names Halliburton and Baker Hughes, yet are often not familiar with the hard-to-pronounce Schlumberger. Even so, Schlumberger has a big presence in the Marcellus/Utica region. In a gesture of “giving back,” the company has just made a VERY generous grant of $14 million of its own proprietary software used for modeling and assessing risk associated with drilling new wells, to Youngstown State University. Most major E&Ps use Schlumberger’s software, even if they don’t use Schlumberger itself to do the actual drilling. While at first glance the gift of software may seem self-serving, it’s not. This gift means that students will be trained on the latest and greatest software that they will need to know, coming right out of college. It helps the kids gain a valuable skill, making them more employable once they hit the workforce…
    Read More “Schlumberger Donates $14M in Software to Youngstown State Univ”

  • Energy Stories of Interest: Tue, Sep 4, 2018

    The “best of the rest”–stories that caught MDN’s eye that you may be interested in reading: Chambersburg project to extend natgas line costing $1.2M, “significant impact”; CNX, Hess complete deal to sell their joint OH Utica assets to Ascent; WVU researchers to study methane emissions from well pads; OH Supreme Court rules against NEXUS pipeline referendum; Cali commits fossil fuel suicide, unlivable by 2045; NAFTA 2.0 must promote natgas trade with Canada; Texas power couple behind many of the deals you read about; FERC speeds up process for 12 LNG export projects; China’s natgas imports soar; and more!
    Read More “Energy Stories of Interest: Tue, Sep 4, 2018”

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    MVP 2nd Big Win This Wk – 4th Circuit Lifts Stay of Water Permit

    As we reported yesterday, EQT Midstream’s Mountain Valley Pipeline (MVP) got some excellent news–that the Federal Energy Regulatory Commission had lifted a stop-work order on the project (see FERC Lifts Mountain Valley Pipe Stop-Work Order, Rehiring). However, two clouds remain over the project, both created by the Fourth District U.S. Circuit Court of Appeals in response to lawsuits from the Sierra Club. One of those clouds is from the Fourth Circuit overturning permits issued by the U.S. Forest Service and Bureau of Land Management that allows MVP to cross 3.5 miles of Jefferson National Forest in West Virginia and Virginia (see Court Cancels Permits for Mountain Valley Pipe on Fed Land). EQT is working on resolving the issue so that USFS and BLM can reissue permits that will pass muster with the court. The other cloud appeared when the Sierra Club convinced the Fourth Circuit to suspend a permit issued by the U.S. Army Corps of Engineers that allows MVP to construct the pipeline across streams and rivers in the West Virginia. The Clubbers got the court to suspend stream and river crossings based on a technicality–that MVP could not, in the case of four river crossings, get the work done within the 72 hour period stipulated by the permit. Therefore the court suspended work at all 591 stream/river crossings the pipeline traverses in WV (see Sierra Club Succeeds in Delaying MVP Project in WV via Court Order). In early July, the Army Corps reworked and reinstated the permit as it applies to the four river crossings in question (see Army Corps Engrs Reinstates MVP Permits for 4 WV River Crossings). The good news is that the Fourth Circuit has granted a motion by the Army Corps to reinstate its permits for all stream/river crossings for MVP. Sunlight is breaking through!…
    Read More “MVP 2nd Big Win This Wk – 4th Circuit Lifts Stay of Water Permit”

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    Fayette County, WV Loses Court Case to Block MVP Compressor Stn

    Sometimes counties (and local towns) try to seize power that’s not theirs constitutionally. Particularly when they’re led by liberal Democrats who like to arbitrarily make up their own oil and gas regulations. Such is the case in Fayette County, WV. Most oil and gas regulation is done at the state level–it is a state function. Unless it’s a pipeline that crosses several states. Those projects are regulated at the federal level, to protect citizens in neighboring states from arbitrary and capricious actions (like those New York is engaged in). Counties don’t get to decide whether or not to allow an injection well, or a pipeline. Yet the lib Dems in Fayette believe they can make those decisions. And now, for the second time in two years, a federal court has slapped them down. Two time losers. In August 2017, Fayette County lost a federal court case to block injection wells in the county (see Fayette County, WV Loses Appeal to Block Injection Well). On Wednesday, the three lib Dem commissioners of Fayette lost a second court case–this one an attempt to block a Mountain Valley Pipeline compressor station. Both lawsuits, last year and this year, were aimed at stopping EQT projects…
    Read More “Fayette County, WV Loses Court Case to Block MVP Compressor Stn”

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    Shale Support Gets Loan to Buy 2 Frac Sand Mines to Service M-U

    Earlier this week CrowdOut Capital announced they have arranged a private, non-bank loan for frack sand company Shale Support to fund “the acquisition of two sand mines, spanning over 1,000 acres that contain more than 100 million tons of recoverable high-grade frac sand, which are located near the prolific shale plays in the southeastern U.S.” No details on the amount of the loan nor the names/location of the sand mines were released. However, as we reported in early July, Shale Support announced a deal to buy two sand mines in Louisiana (see Shale Support Buys 2 Frac Sand Mines in La. to Help Service M-U). Last September MDN told you that Shale Support, headquartered in Texas with an operations center in Mississippi, was stepping up its presence in the Marcellus/Utica region with a partnership with Tidewater Logistics (see Shale Support Holdings Expands M-U Frac Sand Business via Partnership). The partnership increases Shale Support’s operations in Ohio, Pennsylvania and West Virginia. Because Shale Support can ship sand direct from Mississippi, which is much closer than most other alternatives, the price for frac sand is cheaper for customers. Shale Support announced another important deal in May of this year, to become the exclusive supplier for a major regional frac sand facility in Bradford County, PA (see Shale Support Exclusive Frac Sand Supplier for NEPA Facility). While the CrowdOut announcement doesn’t say it, we believe the this loan will fund the two new Louisiana sand mines previously announced. Yes, some (most?) of the sand will go for drilling in the Haynesville and other plays in the region. But some of that sand will no doubt find its way to the Marcellus/Utica, hence our interest in Shale Support and how they finance their operations…
    Read More “Shale Support Gets Loan to Buy 2 Frac Sand Mines to Service M-U”

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    Michigan Town Signs with BP to Supply Natgas to Power Plant

    Any time a new natural gas-fired power plant is announced in the northeast, southeast, or Midwest, we’re interested. Why? Because they are gas-hungry beasts, using huge quantities of natural gas. And chances are plants in those regions could (likely do) use Marcellus/Utica Shale gas to power them–at least in part. They are an important new source of demand for our gas. Often overlooked are existing gas-fired power plants, especially those that don’t run 24/7/365. They’re an important market for our gas too. We spotted a story about one such plant, in Marquette County, Michigan. Tuesday afternoon the Marquette Board of Light and Power board approved a new natural gas wholesale price agreement for the Marquette Energy Center–a small 54 megawatt generator that runs from 7am to 10pm each day. Plants typically don’t cut deals with drillers directly. Instead, they buy gas on contract from a broker, a “gas marketer” that buys and sells natural gas. Three of the four companies bidding on the Marquette Energy Center contract are on a list of the Top 25 North American Gas Marketers, a list tabulated and published quarterly by our friends at NGI (Natural Gas Intelligence). In fact, the top gas marketer in the country (has been for years) is the company that won the Marquette contract–BP…
    Read More “Michigan Town Signs with BP to Supply Natgas to Power Plant”

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    Free Pipeline Worker Training Program Begins Sept. 24 in OH

    The Gas Technology Institute (GTI) continues to offer its popular 100% free training program (worth $3,500) for those interested in a career building pipelines in the Marcellus/Utica region. Starting salaries often exceed $40,000 per year, and a six-figure income is attainable for employees with time and experience. Companies supporting the GTI program have told GTI they anticipate hiring 1,100+ workers over the next two years. There’s no excuse! If you want a high-paying job, get the 4-week training and get yourself to work. Because of ongoing construction programs within the utility and pipeline industry, and because of aging workforce retirements, the M-U pipeline industry has an acute need for reliable gas pipeline workers. The next round of free training, limited to 20 students per section, begins on Sept. 24 at Belmont College in St. Clairsville, OH…
    Read More “Free Pipeline Worker Training Program Begins Sept. 24 in OH”

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    NY Antis Gear Up to Oppose Zero-Emission Compressor Stn

    As we reported in March, Empire Pipeline, the midstream (pipeline) subsidiary of National Fuel Gas Company, filed an application with the Federal Energy Regulatory Commission (FERC) to build two new compressor stations along the Empire Pipeline–one in Tioga County, PA, the other in Ontario County, NY (see Empire Pipe Plans 2 Compressors in PA & NY to Move Marcellus Gas). Without building any new pipeline, the addition of these two compressor stations will allow an extra 205,000 dekatherms per day (205 million cubic feet/day) of PA Marcellus gas to flow through the Empire Pipeline system. The project, called Empire North Project, will provide much-needed natural gas for Upstate NY and Canada. It will also connect to the Tennessee Gas Pipeline, so who knows? Maybe some Marcellus molecules will find their way into New England too. Anti-fossil fuelers in NY are ramping up to oppose the project. Nothing new about that, unfortunately. The thing is, the proposed compressor station in Ontario County will have zero (yes, zero) emissions. It will use electricity instead of diesel or natural gas or other fuels–so there’s no smoke stack and absolutely nothing going into the atmosphere. Completely benign. And yet, because the compressor station will flow more “fracked gas” from PA flow through the pipeline, irrational nutjobs are opposing it. Talk about stupid. These people will protest and oppose an emissions-less compressor station that helps flow more natural gas, but they won’t actually give up their own natural gas! They won’t stop grilling with natural gas. They won’t stop heating and cooking with natural gas. They won’t stop cooling with natural gas. They won’t stop buying clothes and shoes made, in part, from natural gas (plastics). No. Everyone else has to do those things–not these ignorant, wine-tasting snobs from the Finger Lakes who want to block this emissions-less compressor station…
    Read More “NY Antis Gear Up to Oppose Zero-Emission Compressor Stn”