We hate this…writing yet another post mortem for a pipeline project in the Marcellus/Utica. Yesterday, National Fuel Gas Company (NFG) CEO David Bauer confirmed that his company has given up after battling for 10 years to build the Northern Access Pipeline, a 97-mile pipeline from McKean County in Pennsylvania into and through Allegany, Cattaraugus, and…
Read More...Yesterday, Hart Energy held its DUG Appalachia Conference and Expo in Pittsburgh. DUG stands for Developing Unconventional Gas. According to press accounts, folks were smiling, and the atmosphere was a lot more optimistic following Donald Trump’s crushing victory over The Cackler. A number of Marcellus/Utica luminaries attended, including EQT Corp. CEO Toby Rice. In a…
Read More...We have a second post about yesterday’s Hart Energy DUG Appalachia event held in Pittsburgh. One of the sessions was an interview with Dennis Degner, CEO of Range Resources, the very first company to drill a Marcellus well back in 2004. Range is a “pure play” company focusing 100% on the Marcellus/Utica. Over the past…
Read More...Two days ago, Energy Transfer (ET), a major midstream (pipeline) company with assets in the Marcellus/Utica, issued its third quarter update. ET has assets in many areas of the country, so there was plenty of discussion about pipelines in other areas. However, the centerpiece of the update and the conference call with analysts was the…
Read More...In January, Joe Biden announced he would “pause” any approvals for new LNG export plants, with over a dozen requests in the pipeline, for at least one year while his people fart around pretending to figure out how to measure global warming as a new consideration for whether or not to approve projects (see White…
Read More...How, exactly, did the Marcellus Shale come to be? What spurred early interest to spend millions of dollars to sink a well in the Marcellus with the hope (gamble) that natural gas would flow from it? We all know that Range Resources sunk that first well in 2004, but there was a LOT that happened…
Read More...MARCELLUS/UTICA REGION: PA state senators weigh in on possible changes under Trump; Republican victory – David McCormick flips PA Senate seat; NATIONAL: From oil to EVs, Trump return set to shake up energy policy; Clean power operators strike cooperative tone over Trump return; What Trump’s reelection could mean for the IRA, offshore wind; Trump set…
Read More...In the face of growing opposition to fossil fuels and energy infrastructure, EQT CEO Toby Rice pulled out a rallying cry at Hart Energy’s DUG Appalachia conference: “Wake up!” This post appeared first on Hart Energy.
Read More...Before Expand Energy could boast itself as the largest by volume natural gas-weighted E&P in the U.S., its predecessor Chesapeake Energy had to climb out of bankruptcy. This post appeared first on Hart Energy.
Read More...Li-Cycle’s resource recovery facility, located in Rochester, New York, will use recycled materials to support the production of up to 180,000 electric vehicles annually. This post appeared first on Hart Energy.
Read More...TC Energy Corp. appointed Independent Directors Scott Bonham and Dawn Madahbee Leach to its board, the company announced Nov. 7 in a press release. This post appeared first on Hart Energy.
Read More...Nuclear has a capacity factor of 92.5%, the highest of any source of electricity, not to mention near-zero greenhouse gas emissions. This post appeared first on Hart Energy.
Read More...Over 22% of crude oil production in the U.S. Gulf of Mexico was shut-in in response to Hurricane Rafael. This post appeared first on Hart Energy.
Read More...Oil prices rose nearly 1% on Nov. 7 following the U.S. election results and as Hurricane Rafael rolls into the Gulf of Mexico. This post appeared first on Hart Energy.
Read More...While the rest of the E&P sector bought, merged and consolidated, Range Resources sat on the sidelines in Appalachia because it already has plenty of drilling inventory, CEO Dennis Degner says. This post appeared first on Hart Energy.
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