Last December, MDN told you about two new pipeline projects that cross the state of Mississippi that promise to bring more Marcellus/Utica molecules to LNG export facilities in Louisiana and the Gulf Coast. Boardwalk Pipelines wants to build the 110-mile Kosciusko Junction Pipeline Project (see Boardwalk FID on Pipe to Carry M-U, Haynesville Gas to…
Read More...In 2022, after the shocking news that U.S. Senator Joe Manchin (from West Virginia) had sold out his state and the entire country by agreeing to support the misnamed Inflation Reduction Act (IRA) bill, the details began to come out about just how bad the bill really is for the oil and gas industry. First…
Read More...The Ohio Department of Natural Resources (ODNR), Division of Oil and Gas Resources Management, is about to fly drones equipped with magnetometers to sniff out orphaned oil and gas wells in Van Wert County. The ODNR previously completed drone flights in Auglaize, Hancock, Mercer, and Wood counties. The ODNR issued a press release to inform…
Read More...Do the editors of the Wall Street Journal read Marcellus Drilling News? No, we don’t expect they actually do. Although the editorial published by the editors of the WSJ on Feb. 4 looks like it could have been written by your humble MDN editor—because it says all the things we’ve said for months about Pennsylvania…
Read More...At the end of the last legislative session in December, New York Gov. Kathy Hochul, an extremist liberal, signed into law a new climate bill forcing a short list of Big Oil companies to pay $75 billion in “recovery” assessments over the next 25 years for their alleged role in causing mythical global warming (see…
Read More...These days, we feel like a kid in a candy shop, with the actions being taken by President Trump and his all-star cabinet picks. “Ooooo, I love this chocolate (gobble gobble gobble). Oh! I love this one too! (gobble gobble gobble). And what about this one!!” Pretty soon, the kid gets a stomachache from overeating…
Read More...Two weeks ago, MDN brought you the news about a mind-blowing announcement from the White House that OpenAI (ChatGPT), SoftBank, and Oracle have pledged to spend $500 billion (with a “b”) to build new data centers to support artificial intelligence (see AI, Data Centers Go Mainstream – Big Do at WH re $500B Investment). The…
Read More...If it weren’t for burning oil and coal in New England, the lights would have gone out during the recent cold snap in January. We read a startling statement from the U.S. Energy Information Administration (EIA) in a post from yesterday: “…on January 21, 2025, thermal plants that burn oil provided more electricity to the…
Read More...The oil and gas business is still a great place to get a job. A high-paying job. However, knowing what kinds of companies to contact and what kinds of jobs are available at those companies can be a challenge. Rigzone President Chad Norville recently highlighted some of the latest U.S. oil and gas hiring trends…
Read More...The chickens are coming home to roost for Venture Global, an LNG export company that uses loopholes and excuses to avoid selling LNG cargoes to the companies that signed contracts to buy those cargoes. The company recently launched an initial public offering (IPO), hoping to raise $2.3 billion (see Unashamed Venture Global LNG Plans Huge…
Read More...As we reported yesterday, Chris Wright, now-former CEO of Liberty Energy (big fracking company), was confirmed on Monday to be the new Secretary of Energy (see Full Senate Confirms Fracker Chris Wright as DOE Secretary 59-38). Yesterday was Wright’s first official day at the agency. Right out of the box, he signed his first Secretarial…
Read More...In 2018, Equitrans Midstream, the builder of the 303-mile Mountain Valley Pipeline (MVP), proposed to extend MVP by an extra 75 miles from the current terminus in Pittsylvania County, VA, to Alamance County, NC, to provide natural gas for heating and electric generation. The 75-mile extension is called MVP Southgate. In December 2023, MVP changed…
Read More...Donald Trump threatened and was prepared to implement a 25% tariff on both Mexico and Canada, including a 10% tariff (tax) on incoming oil and natural gas (and other energy) from Canada (see Trump Slaps Canada & Mexico with Tariffs, Including 10% on O&G). It took about 10 minutes for Mexico’s president to get on…
Read More...According to an analysis by S&P Global Commodity Insights, U.S. natural gas output stands near an all-time high as a period of strong demand and improved prices enable a production resurgence. Output averaged 106 Bcf/d (billion cubic feet per day) over the latest weekend. In the Marcellus/Utica, production over the last seven days has come…
Read More...Prior to last week, the Baker Hughes national rig count had been in a freefall for weeks, dropping to a 3+ year low of 576 (see National Rig Count Falls Again, Lowest in 3+ Years; M-U Steady). Last week, the trend finally turned around. The national count gained six rigs to 582. The Marcellus/Utica rig…
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