We don’t write much about Alta Resources, a shale drilling company co-founded by the inventor of shale fracking, George Mitchell. But that doesn’t mean Alta doesn’t drill in the Marcellus. The company owns some 547,000 gross (239,000 net) acres producing natural gas from approximately 900 wells in the Marcellus Shale across Bradford, Wyoming, Sullivan, Lycoming,
Read More...Elba Island LNG terminal According to Platts Analytics, natural gas deliveries to Elba Island LNG, located along the shore near Savannah, Georgia, totaled 230 million cubic feet per day (MMcf/d) yesterday, up from 150 MMcf/d the day before and some 41% higher than the average use of 163 MMcf/d over the previous 30 days. This
Read More...Early last week MDN shared the great news that Enbridge’s Weymouth, Mass. compressor station finally, after years of government delays in building it, went online (see Weymouth, MA Compressor Station Now Online – Will it Stay Online?). As our headline last week teased, the question now is whether or not it will remain online. What
Read More...Earlier this week MDN brought you the big news that the U.S. Supreme Court has decided to hear the PennEast Pipeline vs. New Jersey eminent domain case (see BREAKING: U.S. Supreme Court to Decide PennEast Pipeline Case). Read that previous post for background on why this is a critically important case. In December the Trump
Read More...On Joe Biden’s first day in occupying the White House, he signed an Executive Order (EO) suspending new oil and gas leasing while the Interior Department reviews existing leases and permitting practices for 60 days. The aim is to make the federal lease ban permanent. However, some permits on existing leases will continue to be
Read More...Over the past week, the Enverus U.S. rig count jumped up by another 14 active rigs, making the new count 456. That’s the highest the rig count has been since April 2020 when the count began to drop like a rock as the coronavirus pandemic began to bite deeply. While the dry gas Marcellus lost
Read More...NATIONAL: Will clean shale push repel Biden climate attack?; EPA nixes Trump-era objection to Sierra Club-DTE energy deal; “Hydrogen Forward” Coalition formed to advance hydrogen in the U.S.; Independent producers meet with Chairman Manchin; INTERNATIONAL: How fossil fuels are being used to reduce carbon dioxide emissions.This post appeared first on Marcellus Drilling News.
Read More...So, global G ... … …[Editor’s Note: Joe Biden appears to be laying the groundwork for a sellout of our bulk power system (electrical grid) security to Communist China.] In President Biden’s executive order revoking the international permit for the Keystone XL pipeline, several climate and energy-focused executive orders by the Trump administration were also
Read More...Earlier this week, the U.S. Supreme Court agreed to hear PennEast Pipeline Company LLC’s bid to seize land owned by the state of New Jersey to build a $1 billion natural gas pipeline, according to Reuters. The Supreme Court agreed to take up an appeal by PennEast Pipeline Company LLC — a joint venture backed
Read More...The EIA’s latest Annual Energy Outlook (AEO) forecasts a long and steady future for the U.S. oil and natural gas industry and a positive picture for U.S. energy exports through 2050. While the report acknowledges that varying policies and regulations will shape this long-term forecast, it also suggests that pre-pandemic energy demand levels will return
Read More...Tom ShepstoneShepstone Management Company, Inc. . … The U.S. Supreme Court has officially granted PennEast Pipeline a review of its case against the State of New Jersey unjust actions. PennEast Pipeline announced some extremely good news yesterday; the United States Supreme Court is officially taking its case against Phil Murphy’s Garden State Goons. The Goons
Read More...Tom ShepstoneShepstone Management Company, Inc. … Kevin Mooney cites Governor Cuorruptocrat as the model for anti-fracking policies apparently designed to appease Russian oligarchs. Kevin Mooney is out with another one of those pieces where he exposes the insanity of so many fractivists and the political left that has co-opted their cause. Or, is it just
Read More...Northern Oil and Gas, Inc., a company that invests in non-operated oil and gas assets (they let others do the drilling), announced yesterday it has purchased 64,000 net acres producing ~120 MMcfe/d (million cubic feet equivalent per day) in the Marcellus/Utica from Reliance Industries Limited (RIL). The cash purchase price is $250 million.This post appeared
Read More...New York City Mayor Bill de Blasio recently announced that the city will ban new, large building construction from installing natural gas hookups starting in 2030. The proposed rule is following an electrification trend from California, and much like California, such a policy will leave New Yorkers out in the cold. New York State of
Read More...Braskem has made its first international shipment of polypropylene from its new Global Export Hub in Charleston, S.C. The site is able to support shipments of up to 450 million pounds of PP and specialty polymers anually, supporting Braskem sites in Texas, Pennsylvania and West Virginia. The materials giant announced the project in June 2020.
Read More...