On May 1, a section of the 303-mile Mountain Valley Pipeline (MVP) ruptured during final pressure testing in Roanoke County, Virginia (see Section of MVP Ruptures Near Roanoke Under Water Pressure Test). An independent metallurgical test identified a defective weld in an elbow joint as a cause of the failure. No internal or external corrosion…
Read More...MDN has an exclusive update on a lawsuit by several West Virginia surface landowners who are suing Diversified Energy over Diversified’s failure to plug their unproducing conventional wells. At the prompting of the Sierra Club, the landowners attempted to turn the lawsuit into a class action. Yesterday, a federal judge for the U.S. District Court…
Read More...This week’s permit report is a bit different. Technically, for the week of August 12 – 18, a total of seven new permits were issued across the Marcellus/Utica. However, last week’s permit report omitted West Virginia numbers because the state’s online data service was out of order (see 26 New Shale Well Permits Issued for…
Read More...Recently, we’ve told you about the coming demand for natural gas to generate electricity that data centers and artificial intelligence will need (see Big Midstream Companies Eye Data Center/AI Market for New Pipes). The left’s answer for increased power demand is to kill new data centers and ban AI (see Leftists Argue for Ban on…
Read More...For the week of August 5 – 11, a total of 26 permits were issued to drill new shale wells in Marcellus/Utica, with the vast majority issued in Pennsylvania. The Keystone State had 21 new permits, with an eye-popping 19 going to EQT split between Greene and Washington counties (in the southwestern part of the…
Read More...In June 2018, MDN exclusively brought our readers the news that Diversified Gas & Oil (now called Diversified Energy) had purchased EQT Corporation’s Huron Shale assets, with a bunch of conventional wells, in Kentucky, Virginia, and West Virginia for $575 million (see Diversified Gas & Oil Adds to Conventional Assets in KY, VA, WV). A…
Read More...For the week of July 22 – 28, a total of nine permits were issued to drill new shale wells in Marcellus/Utica. Pennsylvania had the fewest with just two new permits, one each for Seneca Resources and Rice Drilling (i.e., EQT). Ohio had the most with four new permits, all of them for EOG Resources…
Read More...An important milestone was reached on Wednesday regarding the Appalachian Regional Clean Hydrogen Hub (ARCH2). You may recall that ARCH2 was one of seven projects to win the Bidenista Hunger Games competition to receive a chunk of $7 billion to build a regional hydrogen hub (see Hydrogen Hub Winners Announced – WV Takes Prize in…
Read More...EQT Corporation continues to be the #1 highest-producing natural gas driller in the U.S. — at least for now, until Chesapeake Energy merges with Southwestern Energy to eclipse EQT as the #1 driller. But for now, it’s EQT. Yesterday, EQT released its 2023 Environmental, Social, and Governance (ESG) report, titled “Unlimited Potential.” Among the noteworthy…
Read More...Just last week, MDN brought you the news about a new report from Aurora Energy Research that predicts new electricity demand from data centers in northern Virginia could (likely will) hit 15 gigawatts (GW) by 2030 (see Report Says Va. Data Center Growth Needs 15 GW of Gas-Fired Power). According to Aurora, wind and solar…
Read More...Coterra Energy CEO Tom Jorden sat for an interview with Jim Cramer on CNBC’s Mad Money program Tuesday evening. During the interview, Jorden had an interesting comment and insight that has the power to change the natural gas market. Jorden said that data center operators (big computer server facilities) may cut supply agreements directly with…
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...While oil-focused and large diversified drillers in the U.S. made healthy profits during the first quarter of this year (January through March), such was not the case for natural gas-focused drillers. RBN Energy tracks 43 exploration and production (E&P) companies that are publicly traded and reports of those 43 that the 16 oil-focused and 15…
Read More...In April, EQT Corporation and Equinor (formerly known as Statoil) announced a deal to swap land in Pennsylvania and Ohio (see Equinor Swaps Acreage with EQT in PA & OH, Exits Operated US Shale). EQT filed an SEC report to announce that the deal was done as of last Friday. As we highlighted in our…
Read More...The country’s largest natural gas producer, EQT Corporation, headquartered in Pittsburgh and solely focused on drilling in the Marcellus/Utica, previously announced it had sliced 1 billion cubic feet per day (Bcf/d) of its production as of late February because of the ongoing low price of natgas (see Boom! EQT is Curtailing 1 Bcf/d of Gas…
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