Industry News

NextDecade Plans 3 More Trains at Rio Grande LNG

Houston-based NextDecade continues to build the Rio Grande LNG Center in Brownsville, Texas, as its permits filed with the Federal Energy Regulatory Commission continue to go through the legal process. This post appeared first on Hart Energy.

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Queen’s Chess: Changing the Rules

There’s a popular response to the inexplicable: “I don’t know. I don’t make the rules.” But what is known with certainty, as shown throughout history, is that we can change them. This post appeared first on Hart Energy.

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14 New Shale Well Permits Issued for PA-OH-WV Feb 17 – 23

For the week of Feb 17 – 23, the number of permits issued in the Marcellus/Utica to drill new shale wells fell back to earth. Three weeks ago, 24 new permits were issued. Two weeks ago, the number increased to 36 new permits. Last week the number deflated, going down to 14. The Keystone State…

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Fed Judge Tosses Landowner Lawsuit Against DRBC for Frack Ban

Earlier this month U.S. District Judge Robert D. Mariani dismissed the Wayne Land and Mineral Group (WLMG) v. Delaware River Basin Commission (DRBC) lawsuit that argued the DRBC had “taken” the property rights of landowners in eastern Pennsylvania, robbing them of their right to allow shale drilling on and under their land. It’s a sad…

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Expand Energy Reopens the Taps, More Drilling & Production Coming

Expand Energy, formed by the merger of Chesapeake Energy and Southwestern Energy, is the largest natural gas producer in the U.S. with approximately 1.9 million leased net acres. Expand drills and operates in three distinct regions: Northeast Appalachia (Pennsylvania), Southwest Appalachia (mostly West Virginia, but also Pennsylvania and Ohio), and the Haynesville (Louisiana). The company…

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Chord Energy Considers Selling Non-Op Marcellus in Northeast Pa.

In late 2022, MDN told you that Canadian-based Enerplus, with sizable non-operated assets in the northeast Pennsylvania Marcellus, had sold certain Canadian assets so it could concentrate most of its activity on drilling in the North Dakota Bakken (see Enerplus Sells Rest of Canada Assets – Focus on Bakken, Marcellus). Enerplus kept its non-op Marcellus…

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Trump Intent on Building Constitution Pipeline from PA into NY & New England

Two weeks ago, MDN brought you the exciting news that President Trump pledged to get the long-dead Pennsylvania Marcellus to New York State Constitution Pipeline built (see Stop Press! Trump Pledges to Revive PA-to-NY Constitution Pipeline). Since then, we’ve eagerly monitored the news to see if there has been any indication that the builder, Williams,…

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House & Senate Vote to Overturn Biden IRA Methane Tax, Trump to Sign

After the shocking news in 2022 that then-U.S. Senator Joe Manchin (from West Virginia) had sold out his state and the entire country by agreeing to support the misnamed Inflation Reduction Act (IRA) bill, the details began to come out about just how bad the bill (now law) really is for the oil and gas…

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HSBC Bank 180-Degree Reversal, Now Supports Fossil Fuel Investment

Wow! What a difference 10 years and the election of Donald J. Trump can make. In May 2015, MDN reported that HSBC Bank (otherwise known as The Hongkong and Shanghai Banking Corporation) circulated a note to investors telling them they should divest from fossil fuel companies. HSBC said if they didn’t divest from fossil energy,…

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