Industry News

MiQ Expands Methane Monitoring Options for Responsible Gas Cert

MiQ is one of two major gas certification authorities that certify low methane emissions and is used by nearly every Marcellus/Utica driller. Last October, MDN brought you information about the two major gas certification authorities, MiQ and Project Canary, and the effort by drillers to get their gas officially certified as responsibly sourced (see Former…

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Low NatGas Price Has “Crippled” Financial Results for M-U Cos.

There’s just no way to sugarcoat the fact that the low low price for natural gas is having an impact on shale drillers in the Marcellus/Utica. According to an analyst with RBN Energy, a price plunge to near the $2/MMBtu level in early 2023 “crippled” financial results for the companies RBN monitors that are gas-focused…

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Chevron Runs Special Turbine on 60% Hydrogen to 40% NatGas Mix

As you know, the Biden-Harris administration has been a big promoter of hydrogen energy, even though (a) it’s expensive to produce and (b) there are no customers (currently) who want more supplies of it. Because hydrogen is “clean” energy, the left is pushing it as energy nirvana. (Most leftists alive today don’t know what the…

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3 NatGas Pipes Serving Maine Seek Rate Increase of 30-50%

The State of Maine has a completely unrealistic climate goal of using 80% renewable energy generation by 2030. It 100% won’t happen. But state officials continue to fart around pretending they will hit that goal. Meanwhile, back in the real world, natural gas remains THE key energy source for the state, generating more than half…

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A Plea to NY Gov. Hochul to Overturn the Ban on Fracking in Upstate

We spotted an opinion piece in the New York Post with the provocative title, “With Kamala Harris now in favor, Hochul should let upstate NY frack, baby, frack.” It’s part tongue-in-cheek and part serious. If The Cackler can turn on a dime and supposedly embrace fracking, why can’t leftist Kathy Hochul? (Of course, Harris hasn’t…

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Brent Crude Falls $1/bbl on Demand Fears

Brent crude oil prices fell to $72.75 on Sept. 4 on fears about demand in the coming months as crude producers offered mixed signals about supply increases. This post appeared first on Hart Energy.

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EOG Tells Conf Attendees It Is Now Ramping Up Ohio Utica Drilling

We’ve been waiting for this! For the past few years, since EOG Resources acknowledged it had quietly amassed nearly half a million acres of leases in the Ohio Utica Shale, the company has been experimenting with crude oil drilling in the Utica. Each quarter EOG’s managers have sung the praises of the Utica (see EOG…

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Pennsylvania Drillers Defeat Landowner Lawsuit After 9 Years

In 2015, a group of nearly 60 landowners in northeastern Pennsylvania who had leased their land for fracking filed a lawsuit against Chesapeake Energy, Anadarko, Statoil (now Equinor), Mitsui E&P, and Access Midstream (later bought by Williams), alleging the companies had improperly deducted post-production costs (e.g., gas gathering and transportation expenses) from royalties owed to…

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Biden-Harris Bribe Pa. with Check for $76 Million to Plug Old Wells

What’s your price, Pennsylvania oil and gas industry? Are you willing to sell yourselves to the Democrats for $152 million (revised down to $114 million) in bribes? How about if Biden-Harris sweetens the pot and rushes a check for $76 million to the state, as they did yesterday? Can you not see through this sleazy…

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Cecil Twp Proposes Ban on New Shale Drilling via 2,500-Ft Setback

The Board of Supervisors for Cecil Township in Washington County, PA, has caved to pressure from radical leftists and is floating a plan to effectively ban all new shale drilling in the township by increasing setbacks from “protected structures” from 500 feet to 2,500 feet (a half a mile!). The supervisors will hold a special…

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