Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) [Editor’s Note: UGI Corporation has joined “Our Nation’s Energy Future.” otherwise known as ONE Future, which is dedicated to reducing methane emissions.] UGI Corporation, which operates natural gas and electric utilities in Pennsylvania and midstream (pipeline) assets in Pennsylvania, Ohio, and West Virginia, has just become the newest member
Read More...Yesterday MDN brought you a post about the dramatic increase in natural gas-fired electric plants in the Marcellus/Utica, particularly Pennsylvania (see NatGas-Fired Power Plants in M-U See Dramatic Increase 2015-2019). Today we have another post (also from the U.S. Energy Information Administration) about gas-fired electric power. Gas-fracking giant Pennsylvania was the largest net exporter of
Read More...click for larger version Each year Cleveland State University publishes a report for JobsOhio looking at how much money has been invested by the private sector in the Utica Shale (and related) industry. The CSU’s eighth report (full copy below) was recently released and shows some eye-popping numbers. Total shale investment from July through December
Read More...Prolific natural gas and oil development continues to drive investments in the Buckeye State. The total investment in shale-related activities in Ohio reached $86.4 billion as of Q4 2019, an increase of $9 billion since 2018, according to Cleveland State University’s latest shale investment report. This is the eighth annual report CSU has conducted for
Read More...Ascent Resources has listed for sale two “packages” of its assets in the core of the Utica Shale in Ohio. One package contains a non-operated interest in 68 wells and 1,362 net leasehold acres. The second package includes a royalty interest in 10 wells and 106 net revenue interest acres. Details on where the assets
Read More...Last week Pennsylvania issued 12 new shale well drilling permits with a mix of permits issued in both the southwest (wet gas) and northeast (dry gas) regions of the state. Ohio issued 7 new permits, all of them except one in the same county (Jefferson). West Virginia was a goose egg–no new permits issued last
Read More...click for larger version FirstEnergy continues to get battered over its alleged role in a $60 million bribery scandal in Ohio. The latest blow comes from the country’s three main ratings agencies, Fitch, Moody’s and S&P, which have all downgraded FirstEnergy’s credit rating to ‘junk’ status. This post appeared first on Marcellus Drilling News.
Read More...Last week Pennsylvania issued 11 new shale well drilling permits, all but one of them in the northeastern (dry gas) part of the state. Ohio issued one new permit, and West Virginia issued 2 new shale well permits.This post appeared first on Marcellus Drilling News.
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) [Editor’s Note: Laterals just keep getting longer as drilling moves out underground and stays confined to a small well pad on the surface.] Deep Well Services (DWS), headquartered in Butler County, PA, is living up to the company name. DWS is one of our favorite oilfield services companies, born
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Shale POWER is a new initiative designed to help businesses find a place in the shale gas industry supply chain and to grow. Appalachia, which includes parts of three states that are experiencing a boom due to shale gas. The challenge is to maximize the gain within the
Read More...Injection well process (click for larger version) Last year Bobcat Energy Resources finished work on a Class II wastewater injection well in Coitsville Township, near Youngstown, OH, and began operating the well (see New Mahoning Injection Well Online Soon; OEPA Issues Violation). Bobcat has filed an application with the Ohio Dept. of Natural Resources (ODNR)
Read More...Last week Pennsylvania issued a paltry 3 new shale well drilling permits (lowest we’ve seen in months), Ohio issued a single new permit, and West Virginia issued 5 new shale well permits. All 3 PA permits were issued in Greene County. The OH permit was issued in Carroll County (bit of a surprise). And all
Read More...In July, now-former Ohio House Speaker Larry Householder and four of his associates were indicted for felonies related to an alleged $60 million bribery scandal in passing the hugely unpopular House Bill 6 (see FirstEnergy Involved in Bribery Scheme to Pass $1B Nuke Bailout Law). HB 6 gives Energy Harbor, a FirstEnergy subsidiary, $150 million
Read More...As part of ongoing efforts to force U.S. consumers to get rid of their natural gas appliances, a new Rocky Mountain Institute report compares costs and emissions between mixed-fuel and all-electric households in selected cities across the United States. The city-focused report nebulously presents data on both the up-front costs when buying a house and
Read More...This is extremely frustrating. FirstEnergy subsidiary Energy Harbor is accused of bribing former Ohio House Speaker Larry Householder and several of his associates to pass (and stay passed) a $1.1 billion bailout bill that funnels electric ratepayer (i.e. taxpayer) money into the hands of FirstEnergy, to prop up two uneconomic and failing nuclear power plants
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