In January 2020, the Pennsylvania Supreme Court ruled in THE most consequential lawsuit for Marcellus Shale drilling we’ve seen, a case called Briggs v Southwestern Energy (see HUGE NEWS: PA Supreme Court Keeps ‘Rule of Capture’ for Fracking). The PA Supremes ruled in favor of Southwestern, retaining the “rule of capture” in the Keystone State….
Read More...Yesterday, MDN brought you the great news that the Federal Energy Regulatory Commission (FERC) had given permission to Mountain Valley Pipeline (MVP) late Tuesday to begin service along the 303-mile natural gas pipeline from northern West Virginia to southern Virginia (see FERC Grants Permission to Mountain Valley Pipeline to Start Flowing). As the reality of…
Read More...The grid operator overseeing New York State is warning that the Democrats’ green energy agenda is pushing the grid toward blackouts. The New York Independent System Operator (NYISO), which oversees and manages the state’s power grid, published its 2024 Power Trends report last week, assessing the outlook for energy supply and demand in the region…
Read More...Only in the dysfunctional Josh Shapiro administration. Yesterday, the Pennsylvania Dept. of Environmental Protection (DEP) announced it had added a Customer Experience Management Advisory Council (CXMAC) to advise the DEP’s Acting Secretary and so-called Chief Customer Experience Officer on strategies and improvements to enhance service delivery to the public. The thing is, none of the…
Read More...Yesterday, MDN told you that the U.S. Energy Information Administration (EIA) has decided not to produce its monthly Drilling Productivity Report (DPR), a report that delves into the latest numbers for each of the seven major shale plays in the U.S. (see Biden EIA Dumps Detailed Monthly U.S. Shale Drilling Report). Instead, EIA said it…
Read More...Venture Global has been screwing its contracted customers by denying LNG shipments to them from its Calcasieu Pass (CP) LNG export facility for over two years, instead shipping over 200 cargoes to other buyers (at higher prices) rather than honoring its contracts. So why in the world would ANYONE sign a new deal with Venture…
Read More...NATIONAL: The Gensler SEC loses again; The latest on the war against internal combustion vehicles; Fossil fuels – the best-kept secret in our world today; INTERNATIONAL: China is main beneficiary of West’s futile energy transition push. Please Login to view this content. (Not a member? Join Today!) The post Other Stories of Interest: Thu, Jun
Read More...Matador Resources expects its enterprise value to reach $11.5 billion after acquiring Ameredev II for $1.9 billion in cash—not bad for a brand launched in 1983 with friends-and-family financing. This post appeared first on Hart Energy.
Read More...Liberty Resources II’s president and CEO Mark Pearson walks through the sale of its Bakken assets to Silver Hill Energy Partners and highlights a few M&A drivers in the play, in this Hart Energy Exclusive interview. This post appeared first on Hart Energy.
Read More...Oil and gas companies Occidental Petroleum Corp. and Diamondback Energy Inc. are collaborating with fission and fusion power technology companies to power their operations. This post appeared first on Hart Energy.
Read More...Companies and industry associations including Canadian Natural Resources Ltd, Chevron and refiner Valero Energy have written to the Canada Energy Regulator (CER) to complain about high vapor pressure limits on the Trans Mountain pipeline. This post appeared first on Hart Energy.
Read More...Lower European demand is being countered by a growing LNG market in Asia, according to GlobalData research. This post appeared first on Hart Energy.
Read More...Wonder of wonders. Yesterday, the Federal Energy Regulatory Commission (FERC) granted its permission for the 303-mile Mountain Valley Pipeline (MVP) to begin flowing natural gas. YES!!!! We are elated! Finally, nine years after MVP filed for permission to build, the pipeline is now (or soon will be) flowing Marcellus/Utica gas to the Southern U.S. This…
Read More...In July 2022, MDN brought you news of a possible frac-out, or “inadvertent return” that happens when drilling mud pops out of places where it’s not supposed to — places outside the borehole being drilled (see Possible Frac-Out Reported at EQT Well Site in Greene County, PA). A landowner who lives near a well being…
Read More...Once a month, the U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. We sometimes poke good-natured fun at the EIA because their predictions go up in one month, and in the next month, they…
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