Leadership: Toby Rice and EQT Plan to Make Money on $2.00 Gas

Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Toby Rice is not your typical corporate honcho. He tackles challenges in new and different ways. He’s truly leading EQT and aims to make money on $2 gas. For years MDN has observed that Cabot Oil & Gas is one of the few Marcellus/Utica drilling companies that can “spin

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Fed Court OKs OH Class Action Royalty Lawsuit Against Cheseapeake

In 2017 a group of Ohio landowners did what others had previously done in Pennsylvania, Texas and elsewhere–they filed a proposed class action lawsuit against Chesapeake Energy claiming Chessy had screwed them and about 1,000 other Ohio landowners out of a collective $30 million in royalty payments (see OH Landowners File Royalty Class Action Lawsuit

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Referendum to Overturn OH Nuke Bailout Law Gains Momentum

Two weeks ago MDN brought you news about a newly passed Ohio law (House Bill 6) to prop up two bankrupt nuclear power plants and several coal-fired plants (see Ohio Nuke Bailout Law Means Fewer Natgas-Fired Electric Plants). The law raises electric rates for all Ohioans and threatens to end a number of planned natural

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Steubenville, OH in the Catbird Seat – Between Two Crackers

Location of Steubenville, halfway between Monaca, PA and Dilles Bottom, OH Several weeks ago MDN editor Jim Willis attended the 2019 Northeast Petrochemical Conference and Expo in Pittsburgh. A major reason for attending such events is to connect with others in the industry. On this trip, Jim had the pleasure of meeting and talking with

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Lake Erie Wind Project Shows Green Political Correctness Is A Disease

Tom ShepstoneShepstone Management Company, Inc. … … A Lake Erie wind project demonstrates the sheer futility of so much of green political correctness as time and money are wasted on a really dumb project. Our friends at Master Resource posted an interesting article the other day about a project with a weird name I’d never

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Natural Gas NOW Picks of the Week – July 6, 2019

Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Oreos Deal Anything But Black and White The manufacturer of Oreos says it’s cut a deal to buy

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DC Court Allows NEXUS Case (to Emasculate FERC) to Proceed

Yesterday the D.C. Circuit Court of Appeals, the court that handles challenges to regulatory agencies like the Federal Energy Regulatory Commission (FERC), refused to toss out a case filed by the City of Oberlin, OH and a regional anti group (with the backing of Big Green lawyer$). The lawsuit challenges FERC’s approval of the NEXUS

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Dominion withdraws natgas project, blames Ferc

Dominion Energy Transmission on Friday withdrew its application filed with the Federal Energy Regulatory Commission for the $48 million, 120 million cubic feet per day (Mmcf/d) Sweden Valley pipeline expansion, Kallanish Energy reports. The transmission arm of Dominion Energy blamed Ferc, saying delay at the commission harmed the project, and the unnamed shipper on the

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Construction on Risberg Line pipeline begins

Construction on the Risberg Line has finally reached Ohio from its starting point at the end of another pipeline in Meadville, Pennsylvania, according to the Ashtabula Star Beacon. As the $86 million pipeline gets closer to its end-point in North Kingsville, pipe segments have been lined up on an area of clear ground south of

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Pres. Trump Targets Marcellus/Utica to Bulk Up PetChem Industry

President Trump is pushing members of his administration to work with state regulators in Appalachia–Ohio, West Virginia and Pennsylvania–to “build the country’s first natural gas and petrochemical hub” outside of the Gulf Coast. According to Energy Secretary Rick Perry, such a plan is in the the country’s national security interests. Members of the Trump team

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Ohio Portion of Risberg Pipeline Construction Begins

click map for larger version In February MDN brought you the news that construction had begun on a relatively small pipeline project, the Risberg Line, a 60-mile pipeline with half of that an existing in-the-ground pipeline that runs from Crawford County, PA to Erie County, PA, and from there across the border into Ashtabula County,

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Work Begins on Gas-Fired Elec Plant in Monroe County, OH

Long Ridge Energy Generation Project – artist’s rendering In January 2018 MDN brought you news from the new owners of what is now called the Long Ridge Energy Terminal in Monroe County, OH (transloading facility) that they were moving forward “quickly” with plans to build a 485-megawatt Utica gas-fired electric plant. Quick, it seems, is

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Dominion Pipeline to Feed Western PA NatGas to OH Power Plant

We’re always delighted to share news of a “new” pipeline project in the Marcellus/Utica. This particular project from Dominion Energy, tiny compared to most, its unusual in that it will flow natural gas from western PA into Ohio to feed a new natural gas-fired electric plant. You don’t often see gas from PA flow to

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Ohio’s Top 10 Shale Oil and Gas Producers

We’re always a sucker for a “Top 10” list. We spotted a Top 10 list for Ohio oil and gas producers recently published by Columbus Business First. The list ranks companies by production in 2018 converted to thousand cubic feet equivalent. We’ve also included a nifty graphic from our own Marcellus & Utica Shale Almanac

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Ohio’s top 10 shale oil and gas producers in 2018

Columbus Business First compiled a list of Ohio’s top 10 shale oil and gas producers in 2018. The list is as follows: Ascent Resources Utica LLC Gulfport Energy Corp. Rice Drilling D LLC Chesapeake Exploration LLC Antero Resources Corp. Eclipse Resources I LP CNX Gas Company LLC Equinor USA Onshore Properties XTO Energy Inc. Gulfport

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