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Marcellus Drilling News
  • Chesapeake Energy | Energy Companies | Expand Energy

    Expand Energy Fires Executive VP & CFO Mohit Singh “Without Cause”

    August 15, 2025August 15, 2025
    Mohit Singh

    Mohit Singh, Executive Vice President and Chief Financial Officer (CFO) of Expand Energy Corporation, has left the company “to pursue other interests due to a termination without cause, effective August 13, 2025.” That’s what it says in an Expand Energy SEC filing. Translation: He was fired. But, he was fired “without cause,” meaning for reasons unrelated to Singh’s performance or conduct. Brittany Raiford, who is the company’s current Vice President – Treasurer, has been appointed as the Interim CFO and has assumed the duties as principal financial officer of the company while Expand searches for a permanent replacement. Read More “Expand Energy Fires Executive VP & CFO Mohit Singh “Without Cause””

  • Antero Resources | Energy Companies

    Antero Resources CEO Paul Rady Retires, Michael Kennedy Replaces

    August 15, 2025August 15, 2025
    Paul Rady

    A big change is happening at the top of the country’s fifth-largest natural gas producer, Antero Resources, and its subsidiary Antero Midstream. Paul Rady, the company’s co-founder, CEO, and President, is becoming “Chairman Emeritus,” while Michael Kennedy, Antero’s Chief Financial Officer (CFO), has become President and CEO. In addition to his roles of President & CEO, Rady was also Chairman of the Board for both Antero Resources and Antero Midstream. The company is separating that role from the CEO moving forward, splitting the board chairmanship for the two companies. Read More “Antero Resources CEO Paul Rady Retires, Michael Kennedy Replaces”

  • Energy Services | Hope Utilities | Industrywide Issues | Ohio | Pipelines | Statewide OH

    Hope Utilities to Build Ohio NatGas Pipeline to Power Data Center

    August 15, 2025August 15, 2025

    Morgantown, WV-based Hope Utilities announced yesterday that its subsidiary, Northeast Ohio Natural Gas Corporation (NEO), will build, operate, and maintain a pipeline (and associated natural gas facilities) to supply a fuel cell project being developed by American Electric Power (AEP) to power a data center in central Ohio. The details are (so far) thin. We don’t know how much the project will cost or which data center it will power. This isn’t the first such pipeline project announced to feed an AEP-powered data center. Read More “Hope Utilities to Build Ohio NatGas Pipeline to Power Data Center”

  • Industrywide Issues | Ohio | Washington County (OH) | Wastewater

    OH Republican Officials Squabble in Public Over Injection Wells

    August 15, 2025August 15, 2025

    According to a leftist Democrat publication, Signal Ohio, what was “supposed to be a sleepy, county-level Republican meeting where political allies get on the same page” turned into a shouting match between Marietta City Council President Susan Vessels (a Republican) and State Senator Brian Chavez (a Republican and Chairman of the Senate Energy Committee). The heated discussion revolved around wastewater injection wells and their proximity to city water supplies. Chavez is the former CEO of DeepRock Disposal Solutions, which currently operates four injection wells near Marietta and has applied to build a fifth. Read More “OH Republican Officials Squabble in Public Over Injection Wells”

  • Industrywide Issues | Pipelines | Regulation

    Trump Makes Democrat Rosner FERC Chairman; Likely Temporary

    August 15, 2025August 15, 2025
    David Rosner

    As we reported earlier this week, President Trump has appointed David Rosner, a Democrat, to be Chairman of the Federal Energy Regulatory Commission (see FERC’s Mark Christie Exits, Trump Rumored to Appoint Democrat Chair). Rosner, a former aide to Senator Joe Manchin (West Virginia), tends to be more Republican-like in his rulings with a philosophy of new pipeline development that aligns with President Trump. However, it seems that the appointment is likely temporary, according to media sources. Read More “Trump Makes Democrat Rosner FERC Chairman; Likely Temporary”

  • Commodity Price | Crude Oil | Industrywide Issues

    OPEC’s “Price War” is Stalling New U.S. Shale Oil Drilling

    August 15, 2025August 15, 2025

    We spotted a Financial Times article with an intriguing title: Opec oil ‘price war’ will halt shale boom, say US producers. The FT is the UK equivalent of our Wall Street Journal. Although it tilts a bit left, the reporting is usually pretty reliable, so we trust it (for the most part). We learned a few important things from this article. First is that the break-even price for U.S. shale drillers to make a profit is $65 per barrel. If oil remains below that point, new drilling stops. Second, one producer claimed his company would not “put any more rigs out” until prices get back to, and stabilize at, $75 per barrel. Read More “OPEC’s “Price War” is Stalling New U.S. Shale Oil Drilling”

  • Best of the Rest

    MDN’s Energy Stories of Interest: Fri, Aug 15, 2025 [FREE ACCESS]

    August 15, 2025August 15, 2025

    MARCELLUS/UTICA REGION: New law focused on energy production takes effect; OTHER U.S. REGIONS: New York ignores consumer costs for climate goals—and pays the price; New York’s official energy plan is no plan; Wave of LNG FIDs and data center mania spur a flood of gas pipelines projects; NATIONAL: Kelcy Warren among energy leaders who transformed American oil and gas; To win the AI race, we need to build out American transmission; INTERNATIONAL: Oil climbs from two-month lows; Choosing the positive reality of hydrocarbons over ‘green’ fantasies. Read More “MDN’s Energy Stories of Interest: Fri, Aug 15, 2025 [FREE ACCESS]”

  • Berkshire Hathaway | Centre County | Clinton County | Energy Services | Franklin County | Industrywide Issues | Loudoun County | Pennsylvania | Pipelines | Regulation | Virginia

    FERC Issued EA for Pipe Expansion to Flow More M-U Gas to D.C.

    August 14, 2025August 14, 2025

    Eastern Gas Transmission and Storage (EGTS), a subsidiary of billionaire Warren Buffett’s Berkshire Hathaway Energy (BHE), filed a new project with the Federal Energy Regulatory Commission (FERC) last December to beef up three existing compressor stations in Centre, Clinton, and Franklin counties in Pennsylvania, and one compressor station in Loudoun County, Virginia, to flow more Marcellus molecules to the Washington, D.C. area (see BHE’s Eastern Gas Pipe Proposes Expansion to Flow M-U Gas to D.C.). The Federal Energy Regulatory Commission (FERC) prepared and recently issued an environmental assessment (EA) for the project. A 30-day public comment period is now ticking. Read More “FERC Issued EA for Pipe Expansion to Flow More M-U Gas to D.C.”

  • Energy Services | Energy Transfer Partners | Industrywide Issues | Litigation | Ohio | Pipelines | Statewide OH | Taxation

    Rover Pipeline Loses Ohio Supreme Court Decision to Lower Tax Bill

    August 14, 2025August 14, 2025

    Rover Pipeline, a 713-mile natural gas pipeline, was designed to carry up to 3.25 billion cubic feet per day (Bcf/d) of Marcellus and Utica gas from Pennsylvania, West Virginia, and Ohio to destinations in Ohio, Michigan, West Virginia, and Canada. The project was completed and came online in late 2018 (see FERC OKs Final 2 Rover Pipeline Laterals – Now 100% Online). Rover’s original estimated cost to build the project was $4.08 billion. It ultimately cost $6.3 billion, as historically high rainfall led to additional unforeseen expenses, delays, and inspections. Most of the pipeline runs through Ohio, which assesses a property tax on such projects. Rover and Ohio disagree over the value to be assigned to the pipeline for annual taxation purposes. After several appeals, the case headed to the Ohio Supreme Court in May (see Rover Pipeline Heads to Ohio Supreme Court to Lower Tax Assessment). The Supremes issued their ruling yesterday, and it didn’t go Rover’s way. Read More “Rover Pipeline Loses Ohio Supreme Court Decision to Lower Tax Bill”

  • Anti-Drilling/Fossil Fuel | Energy Services | Equitrans/EQT Midstream | Industrywide Issues | North Carolina | Pipelines | Regulation

    Big Green Shows Up at NC DEQ Final Hearing on MVP Southgate

    August 14, 2025August 14, 2025

    In 2018, Equitrans Midstream, the builder of the 303-mile Mountain Valley Pipeline (MVP), proposed to extend MVP by an extra 75 miles from the current terminus in Pittsylvania County, VA, to Alamance County, NC, to provide natural gas for heating and electric generation. The 75-mile extension is called MVP Southgate. In December 2023, MVP changed the Southgate plan by cutting the distance by more than half and bumping up the size (diameter) of the pipeline (see Equitrans Slices MVP Southgate Pipe Project From 75 to 31 Miles). The North Carolina Department of Environmental Quality (DEQ) held a public hearing Tuesday evening to receive public feedback on whether the DEQ should issue a Clean Water Act 401 certification for the project. Anti-fossil fuel groups (paid to be there) were on hand to object. Read More “Big Green Shows Up at NC DEQ Final Hearing on MVP Southgate”

  • Energy Services | Industrywide Issues | Kinder Morgan | Pipelines | South Carolina

    Map Route Revealed for Elba Express Pipe to SC Gas-Fired Plant

    August 14, 2025August 14, 2025

    In April, MDN told you about a new greenfield expansion of the Elba Express pipeline into South Carolina to serve growing demand for natural gas in the state (see KM Pipes Update: Expand Elba to SC; SSE4 Survey Work Done). The $431 million Elba Express Bridge project is designed to provide 325 million cubic feet per day (MMcf/d) of firm transportation capacity. KM CEO Kim Dang said on a conference call that the project is “easily expandable to over a Bcf a day.” However, a competitor wants to build the pipeline and threw some shade at KM’s plan, saying it would cross two rivers, multiple swamps, and private land, destroying Mom Earth in the process (see Fight in SC Turns Nasty with One Pipeline Company Attacking Another). Read More “Map Route Revealed for Elba Express Pipe to SC Gas-Fired Plant”

  • Electrical Generation | Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    SRBC Sounds the Alarm on Enormous Water Use for AI Data Centers

    August 14, 2025August 14, 2025

    This post is not directly about the Marcellus/Utica, but the issue we discuss is important and significantly affects the M-U. Andrew Dehoff, the Executive Director of the Susquehanna River Basin Commission (SRBC), is sounding the alarm about potential water usage for hyperscale data centers that will be located in the SRBC’s jurisdiction. Dehoff spoke at a Pennsylvania State Senate hearing on Monday. These giant data centers are BIG users of energy and, potentially, big users of water. The water is used not only to cool gas-fired power plants that generate energy for the data centers, but the data centers themselves use water to help cool the thousands upon thousands of computers located in them. Read More “SRBC Sounds the Alarm on Enormous Water Use for AI Data Centers”

  • Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues | New York | Orange County | Regulation

    NY Dems Pressure Gov. Hochul to Close Operating Gas-Fired Plant

    August 14, 2025August 14, 2025

    Competitive Power Ventures’ 680-megawatt CPV Valley Energy Center in Wawayanda, NY, fired up and began producing enough electricity to power 600,000 liberal NY homes in October 2018 (see CPV Marcellus-Fired Elec Plant in Orange County Now Online!). Andrew Cuomo, who was Governor at the time, tried his best to block CPV Valley Energy Center, which uses Marcellus gas and cost $900 million to build. Cuomo instructed his lapdog Department of Environmental Conservation (DEC) to deny renewing a federal air permit they previously issued five years earlier for the project. However, a judge saw right through that one and overruled the DEC, allowing the plant to continue operations using a state air permit instead (see Judge Refuses to Shut Down Orange County, NY Gas-Fired Plant). Read More “NY Dems Pressure Gov. Hochul to Close Operating Gas-Fired Plant”

  • CNG/LNG | Exporting | Industrywide Issues | Research

    Top Destinations for U.S. LNG Exports in 2025; Key Trends to Track

    August 14, 2025August 14, 2025

    Earlier today, Reuters published a great article titled “Key US natural gas trends to track as LNG exports hit new highs.” The article is full of terrific charts (and narrative) showing where our LNG is currently going (by country), along with where it has gone historically (by country). The article reveals that over the first 8 months of 2025, total U.S. LNG exports climbed by 22% or by 12.4 million tons from the same months in 2024 to a record 69 million tons. Europe accounted for over two-thirds of U.S. export volumes, followed by Asia. The top three markets were the Netherlands, France, and Spain, which together accounted for 28% of total U.S. LNG shipments so far this year. Read More “Top Destinations for U.S. LNG Exports in 2025; Key Trends to Track”

  • Best of the Rest

    MDN’s Energy Stories of Interest: Thu, Aug 14, 2025 [FREE ACCESS]

    August 14, 2025August 14, 2025

    OTHER U.S. REGIONS: Texas Republicans urge FERC to green-light major LNG terminal; NATIONAL: Hotter September forecasts give bulls new life, boost natural gas futures; First-of-its-kind AI solution for FERC permit prep; Pipelines are a critical link in America’s energy security; Star Princess shines through successful sea trials; Preserving America’s freedom means producing more energy; INTERNATIONAL: Oil drops on stockpile rise; US threatens IMO members as climate rules set for adoption; Centrica, Energy Capital Partners to buy National Grid’s LNG terminal for $2 bln; French energy giant wins legal battle to shut down North Sea oil fields. Read More “MDN’s Energy Stories of Interest: Thu, Aug 14, 2025 [FREE ACCESS]”

  • Energy Companies | INR/Infinity Natural Resources | Ohio | Pennsylvania | Statewide OH | Statewide PA

    Infinity’s 2Q Growth (Up 25% from 1Q) Driven by PA Marcellus Wells

    August 13, 2025August 13, 2025

    Infinity Natural Resources (INR), headquartered in Morgantown, WV, focuses 100% on the Marcellus/Utica. The company went public earlier this year with a $265 million ($20/share) initial public offering, giving INR a $1.18 billion market capitalization (see INR IPO Does Better than Expected, Stock Trading Pops 10% Higher). INR issued its second quarter update (the company’s third public quarterly update) yesterday. The company’s net production for the quarter averaged 33.1 Mboe/d, representing a 25% increase from the first quarter of this year. Read More “Infinity’s 2Q Growth (Up 25% from 1Q) Driven by PA Marcellus Wells”

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  • 8 New Shale Well Permits Reported for PA-OH-WV Jun 1 – 7
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