Industry News

Infinity Natural Resources Launches IPO, Hopes to Raise ~$250M

MDN reported in October that Marcellus/Utica driller Infinity Natural Resources (INR) intended to file an initial public offering (IPO) with the Securities and Exchange Commission hoping to raise $100 million (see M-U Driller Infinity Natural Resources Files for $100 Million IPO). We further reported in December that INR added seven Big Banks to the existing…

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Southern NatGas & Elba Look to Expand Southeast Pipe by 1.3 Bcf/d

Last August, MDN told you about several potential new pipeline projects under consideration to help feed new data centers and artificial intelligence (AI) operations, most of them located in the southeastern U.S. (see Big Midstream Companies Eye Data Center/AI Market for New Pipes). One of the projects we mentioned in passing was Kinder Morgan’s South…

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Pres. Trump Promotes Republican Mark Christie to FERC Chairman

Federal Energy Regulatory Commission (FERC) Commissioner Mark Christie, who first became a FERC commissioner when appointed by President Trump during his first term, was promoted to become the Chairman of FERC by Trump on Monday. Wow! We never saw that one coming. We didn’t even know Trump had FERC on his radar for the first…

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EPA Bestows West Virginia with CO2 (Class VI) Injection Well Primacy

A key issue has come about with the rapid increase in carbon capture and sequestration (CCS) projects around the country, including here in the Marcellus/Utica region. Where does one store (sequester) all that carbon dioxide (CO2)? The answer is underground in a Class VI injection well. Class VI wells are a relatively new classification for…

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Amazon Buys Land in Central Ohio to Build New Data Center

AI (artificial intelligence) and data centers are a big deal, as we’ve been actively discussing since last summer (see M-U Drillers Excited About Growing Demand from Nearby Data Centers), although we first discussed data centers all the way back in 2012 (see Data Centers May Relocate to Use Marcellus Shale Gas). As you will read…

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Ports in Texas Limit Activity Amid Cold Weather

Port Freeport on Jan. 21 said it expects limited vessel activity while Port Houston said all of its public facilities will remain closed through Wednesday as winter storm Enzo sweeps through Texas. This post appeared first on Hart Energy.

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Trump EO Declares National Energy Emergency – “Drill, Baby, Drill!”

Our heads are officially blown! Did you catch any of yesterday’s inauguration? WOW!!! We have NEVER been more proud to be an American than we were yesterday. President Trump hit the ground running so fast the left’s heads were spinning around like Regan’s head in The Exorcist. The left doesn’t know what hit them. Everything…

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Dept. of Energy Reverses Biden LNG Pause, Extends Comment Period

One year ago, the sleazy Joe Biden slapped a “pause” on allowing the Department of Energy (DOE) to review and issue export approvals for any new LNG export facilities (see White House Makes it Official – Biden Declares War on LNG Exports). The move profoundly and negatively affected our domestic natural gas industry, putting some…

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WV Shale Permits Way Down in 2024 – GO-WV Comments

According to an article in the Dominion Post, horizontal gas well permits in West Virginia dipped to “an all-time low” in 2023 and 2024. The Dominion Post talked with the Gas & Oil Association of West Virginia (GO-WV) about the numbers, the trends, and what might be ahead for the industry. Has shale drilling already…

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