A new wave of aggressive anti-oil and natural gas legislation is cropping up in several states, driven by national “Keep It In the Ground” (KIITG) groups that have failed numerous attempts at the federal level to restrict development. Emboldened by the introduction of the “Green New Deal”, KIITG groups have made it clear that nothing
Read More...Yesterday’s decision echoed similar actions Adams County took ahead of the 2018 election, when Proposition 112—or the mandated 2,500-foot setback—was on the ballot. This time, commissioners chose to put a stop to oil and gas activity in anticipation of a rush of permits being filed before SB-181 passes the state legislature and goes into effect. The move
Read More...Hilcorp Energy Co.recently applied for three permits related to horizontal well development in Columbiana County, according to the Ohio Department of Natural Resources. Hilcorp has submitted applications for a pair of new horizontal wells in Elk Run Township at the ElkRun-Auer well pad targeting the Utica/Point Pleasant shale formation. The first of the three permits
Read More...Earthquake activity in Oklahoma declined for the third straight year in 2018 even as oil and natural gas development increased in the area, according to the latest data from the U.S. Geological Survey. As EID’s updated infographic shows, seismic activity decreased by a whopping 83 percent – falling from a peak of 887 earthquakes in
Read More...Surging production that made 2018 a banner year for U.S. oil and natural gas is carrying into the new year, data show. Success in shale development across the country spurred natural gas production to hit a new record high in 2018 for the second consecutive year. Meanwhile, oil production continues to outpace 2018’s record highs
Read More...District of Columbia Attorney General Karl Racine’s investigation of ExxonMobil over climate change has opened the door to hedge funds and other monied interests to directly profit from the #ExxonKnew campaign. Last week, Racine went public with his plans to begin a formal inquiry into the energy company’s business practices. Racine is not the first
Read More...Early on in the March 20 lease sale for blocks in the U.S. Gulf of Mexico (GoM), it was apparent that Royal Dutch Shell Plc would be among the most dominant players vying to land winning bids on some of the more than 14,600 blocks offered. The Netherlands-headquartered company placed multiple bids, mostly unchallenged, in
Read More...DALLAS—For one Rice brother, the growing activist feud between EQT Corp. has been uncomfortable. Unlike his brothers Toby and Derek, former Rice Energy CEO Daniel Rice joined the EQT board following closing of his company’s merger with EQT in November 2017. And, as far as EQT is concerned, Daniel has largely been cut off, professionally,
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last December a federal judge in New Jersey upheld eminent domain power for PennEast Pipeline for ALL of NJ, where there are 136 holdout landowners who have refused to allow PennEast surveyors
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Washington County, PA Airport (click for larger version) In 2013 CONSOL Energy (now CNX Resources) signed a deal with the Pittsburgh International Airport and Allegheny County to lease 9,000 acres surrounding the
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. China’s Chairman Mao – patron saint of antis Yesterday was a sad day in Harrisburg, PA. A group of virulent anti-fossil fuelers (maybe 200 or so) attended a staged rally where several
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. click for larger version Equitrans’ 300-mile Mountain Valley Pipeline (MVP) from West Virginia to southern Virginia is now 70% done (see Shocker: Mountain Valley Pipeline Now 70% Built, Online by 4Q19). Last
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. The company we call MarkWest Energy is technically MPLX, renamed after MarkWest was bought out and merged into Marathon Petroleum in December 2015 (see Golden Parachutes Pop Open for MarkWest Top Management/Board).
Read More...Honorees of the 2019 Oil and gas Investor 25 Influential Women in Energy on stage at the Hilton Americas in Houston. (Source: Hart Energy) Jeff Share has been reporting on the energy industry for over 25 years and among my biggest disappointments has been the dearth of women in upper management roles. When he wrote
Read More...Tom ShepstoneShepstone Management Company, Inc. Thanks to Rep. Jonathan Fritz, the PA House Environmental Resources and Energy Committee is now also considering the DRBC Eminent Domain Activity Act. As we told our readers last month, Senator Lisa Baker’s DRBC takings bill, has been reintroduced as SB 305, the “Delaware River Basin Commission Eminent Domain
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