In April 2022, MDN told you about Nopetro LNG’s plans to construct and operate as many as three liquefaction trains in Port St. Joe, Florida, that will liquefy up to 3.86 billion cubic feet (Bcf) per year of natural gas for export and delivery to markets in the Caribbean, Central America, and South America (see…
Read More...Yesterday, U.S. Senator Joe Manchin (D-WV), Chairman of the U.S. Senate Energy and Natural Resources Committee, filed an amicus curiae (friend of the court) brief with the U.S. Supreme Court in support of Mountain Valley Pipeline’s (MVP) emergency application to vacate the stays of the U.S. Court of Appeals for the Fourth Circuit (4th Circuit)…
Read More...U.S. Senator Joe Manchin is a typical politician. That is, he lies. His latest whopper concerns a measure he advanced to “prohibit” the Biden administration from “banning gas stoves,” which he touted in a recent video. However, just two years ago, Manchin opposed an amendment from Wyoming Republican senator John Barrasso that prohibited federal funds…
Read More...PJM is the largest electric grid operator in the U.S. It serves 65 million people in 13 states plus the District of Columbia (including PA, OH, and WV). PJM came under withering criticism for an almost blackout during the Christmas cold snap last Dec. 23-25. If not for certain gas-fired peaker plants, like that in…
Read More...The latest monthly U.S. Energy Information Administration (EIA) Drilling Productivity Report (DPR) for July issued yesterday (below) shows the EIA believes shale gas production across the seven major plays tracked in the monthly DPR for August will *decrease* production from the prior month of July. This is the first month-over-month decrease prediction for the combined…
Read More...Last summer, MDN brought you the news about a lawsuit against Diversified Energy and EQT over the issue of old and “abandoned” wells in West Virginia (see Big Green Uses WV Landowners to Sue EQT, Diversified re Old Wells). In April, a West Virginia federal judge allowed that lawsuit to continue as a class action…
Read More...Two years ago, Chesapeake Energy announced that it would seek responsible gas certification from two organizations–Equitable Origin (EO) and MiQ–to certify the production of its natural gas produced in both its Marcellus and Haynesville operations (see Chesapeake Goes Whole Hog on ESG, Certifying Gas Across 2 Basins). Yesterday Chessy announced it had received recertification from…
Read More...Even with much of the nation in an extreme heat event making record demands on gas-fired power plants, demand for natural gas appears to be nominal at best, and consequently, the price of natural gas, at least the Henry Hub NYMEX futures price, remains mired in the mid-$2 range. The NYMEX price was down again…
Read More...One of the factors in the price of natural gas is supply. Gas is about as pure a commodity market as you will find worldwide. Higher demand with the same or less supply will drive prices higher. And the reverse is true. Higher supplies with the same or less demand lead to lower prices. Last…
Read More...Mountain Valley Pipeline (MVP), in a move largely anticipated and expected, filed an “emergency application” on Friday with the U.S. Supreme Court, requesting the court block the recent “stay” on two key permits needed to complete the 94% completed MVP project recently imposed by the U.S. Court of Appeals for the Fourth Circuit (see All…
Read More...Last September, MDN told you about a new 53-mile pipeline project in Western Kentucky–a 16-inch natural gas pipeline to feed natgas to the southern Pennyrile Region (see Kentucky Spending $30M on New NatGas Pipe to Expand Biz Growth). The $115 million project is partly being underwritten by a $30 million grant from the State of…
Read More...In early June, shale drillers could, for the first time, begin to apply for permits to drill under (not on top of) Ohio state lands and state parks under newly formulated rules established by the Ohio Oil & Gas Land Management (OGLM) Commission (see Ohio State Lands Now Open for O&G Leasing – Virtual Ribbon-Cutting)….
Read More...The yo-yo behavior of the national rig count continues. Two weeks ago, the U.S. rig count broke a nine-week-straight decline by adding six rigs (see U.S. Rig Count Goes Up First Time in 10 Weeks – M-U Stays Even). The trend had been pretty dismal for the past several months. Then that ray of sunshine….
Read More...Last week we told you that the shale production situation in Pennsylvania has caught the eye of the number crunchers at the U.S. Energy Information Administration (see EIA Observes M-U Gas Production Flat, Key PA Counties in Decline). Production in PA, overall, is flat and possibly decreasing. Nationally, production is up in other plays and…
Read More...U.S. Senator Shelley Moore Capito, from West Virginia, spoke with reporters yesterday. She spared no words in describing her disgust with the three-judge panel from the U.S. Court of Appeals for the Fourth Circuit and their latest illegal maneuver to block the Mountain Valley Pipeline (MVP) project. She said she is “seriously, totally astounded” by…
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