Shale Gas News – July 27, 2019

Ohio River Corridor

Shale Gas News – July 27, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about Range Resources, Lack of new NYC gas, West Virginia cracker plant and much more last week. The Shale Gas News has grown again; welcome Gem 104

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Pennsylvania regulations partially upheld by court

Pennsylvania’s Commonwealth Court has issued a split decision on environmental regulations on Marcellus Shale natural gas drilling, ruling in part on the side of the Marcellus Shale Coalition, who challenged the regulations 16 days after they took effect, according to WCN 24/7. The seven-judge panel issued a 91-page decision against the Pennsylvania Department of Environmental

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Leisure Class Environmentalists Are Too Often Just Selfish NIMBYs

Tom ShepstoneShepstone Management Company, Inc. … … Leisure class environmentalists are the bane of true environmentalism or, as I prefer to call it, conservation. It is nothing but selfish NIMBYism. I first became aware of leisure class environmentalists many years ago, not long after I won an “Environmentalist of the Year” award from a local

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Ohio Agencies Say They Don’t Get Many Fracking Health Complaints

Claims of health impacts from shale development have become a heated topic in the Appalachian Basin, with activists pushing a misleading narrative in the region. But the allegation that fracking is causing widespread public health issues is far from reality in the Buckeye State, according two state agencies. In response to a handful of activists

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Judge’s Ruling in Rhode Island Suit Against Fossil Fuels Raises Questions

Judge William Smith of the U.S. District Court for the District of Rhode Island remanded Rhode Island’s lawsuit targeting 21 fossil fuel companies to state court on Monday. Rhode Island is seeking damages from energy companies to pay for the future costs of climate change. Compared to his peers who have judged similar climate litigation

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Gulfport’s Q2 production dips in Utica Shale compared to 2018

Although Gulfport Energy saw an overall production increase in the second quarter of 2019 when compared to the same quarter a year ago, its Utica Shale production dipped slightly, according to Kallanish Energy. The company as a whole reported second quarter 2019 net production of 1.36 billion cubic feet-equivalent per day (Bcfe/d), which was a

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House Republicans Highlight the Strengths of American Energy Production

Republicans took to the House floor this week to discuss “the American energy renaissance” that’s helped power economic growth, create jobs, boost innovation, lower emissions, and strengthen national security. The members who spoke are from the House Energy Action Team (HEAT) – a caucus of House Republicans led by Republican Whip Steve Scalise (R-La.), Rep.

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Activist Group Suing Energy Companies Completely Alters Its Complaint

Inspired by the “throw everything at the wall” approach utilized in climate liability cases filed by municipalities across the country, the Rockefeller-funded Conservation Law Foundation is now changing its tactics in its lawsuit against Shell Oil Co. Chief Judge William Smith of the U.S. District Court for the District of Rhode Island ruled yesterday to

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Range Resources sells Appalachian assets for $634M

Range Resources recently agreed to sell assets in the Appalachian Basin for $634 million, according to Seeking Alpha. The company will sell a 2% net proportionately reduced overriding royalty interest in 350,000 net surface acres, which produced a combined 1.9 billion net cfe/day in the first quarter, in the southwest Appalachian Basin for $600 million.

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EIA: Crude production inches up in US

In the Energy Information Administration’s newly released Drilling Productivity Report, it projects crude oil production in the U.S.’s most productive unconventional basins in the lower 48 states is projected to rise roughly 0.5% from July to August, according to Kallanish Energy. Overall production is expected to rise 49,000 barrels per day from 8.50 million barrels

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ExxonMobil-SABIC set contracts for mega project, EPA to halt surprise plant visits, EIA lowers oil demand forecast, BP to expand biofuels into Brazil

Our pick of the downstream industry news you need to know. × EIA revises oil demand forecast The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing global economy amid a U.S.-China trade spat. The IEA is revising its 2019 global oil demand growth forecast to 1.1 million barrels

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EIA: Natural gas production continues to grow in major US basins

The Energy Information Administration projects natural gas production from the seven most productive basins in the lower 48 states will jump from 81.21 to 81.96 billion cubic feet per day from July to August, according to Kallanish Energy. Of the seven major basins, six are expected to see a month-to-month increase in production. The EIA’s

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Custer Thinks The Ohio River Valley is Ready!

My good friend, Rick Stouffer, has written a superb article which outlines the truly opportunities coming to the Ohio River Valley. The Valley has world class infrastructure for the petrochemical industry. The roads, rail and river are second to none in the U.S. That’s why Shell is in Monaca, Beaver County, Pennsylvania and PTTGC is

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Steubenville To Benefit From Cracker Plants

(courtesy Herald Star newspaper, Linda Harris, staff writer) STEUBENVILLE — With one ethane cracker plant nearing completion and another inching closer to a construction announcement, Commercial real estate specialist Bryce Custer told Steubenville business leaders Monday they’re right where any entrepreneur would want to be: In the middle. Custer, a broker with NAI Ohio River

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