Shale Gas News – May 23, 2020

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about shale oil production, rig counts, natural gas futures and much more last week. The Shale Gas News has grown again to the

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NESE, Thought Dead, Rises from the Depths of Loch Jersey

Tom ShepstoneShepstone Management Company, Inc. . … If you NESE was dead and all we’d ever see is a corpse on the New Jersey shore, you were wrong. The project is very much alive and again in front of NJ-DEP. NESE lives. Many thought it was dead and had sunk to the bottom of Raritan

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Signs of Life! Williams Refiles with NJ to Build NESE Pipe to NY

In early December when Williams withdrew their fourth and final permit application to build the Northeast Supply Enhancement (NESE) pipeline project with the New Jersey Dept. of Environmental Protection (NJDEP), we feared that maybe Williams had given up on the project (see Is NESE Pipeline to NYC Dead? Williams Withdraws Final NJ Permit). But what’s

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Williams Update: Constitution Pipeline Value Written Down

Williams issued its fourth-quarter and full-year 2019 update yesterday. Among the gems shared, the company reported gathering 13.3 billion cubic feet per day (Bcf/d) of natural gas and equivalents during 4Q19, up 10% from 4Q18. Just to put that in perspective, there was 85.5 Bcf/d of shale natural gas production in December 2019, according to

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PA DEP Issues Permits for ME2 Pipe Work in Blair, Perry Counties

In January the Pennsylvania Dept. of Environmental Protection (DEP) lifted a moratorium (in place for more than a year) on new construction permits for the Mariner East 2 pipeline project (see PA DEP Slaps Energy Transfer Again – $2M Fine re Mariner East 2). All new pipeline construction by Energy Transfer was on hold following

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ET Update: Mariner East Loses Some NGLs to Mid-Con, Northern NY

Energy Transfer, a huge pipeline company that builds and maintains Marcellus/Utica pipelines including Rover and the Mariner projects, released its fourth-quarter and full-year 2019 update earlier this week. The company reports making the most profit it has ever made in its 25-year history–$3.6 billion in profit for 2019 (more than triple the $1.1 billion made

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Canadian Rail System and Premier Threatened by Pipeline Activists

Daniel B. Markind, Esq.Flaster Greenberg PC The Canadian rail system is in chaos thanks to pipeline activists and boy premier who hasn’t got a clue what to do it seems. Is the U.S. a target as well? People in the United States who wonder how far pipeline protests can go, and how disruptive they can be,

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Natural Gas Exports Set to Soar Thanks to Appalachian Shale

Tom ShepstoneShepstone Management Company, Inc. . … Appalachian shale production has been nothing short of phenomenal and has set the stage for natural gas exports to soar via both LNG ships and pipelines. Yesterday, chatting with a pro-gas friend, we both remarked on the fact the solution to low prices is low prices, just as

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Chester County Commissioners Fail in Effort to Stop Mariner East

Kurt KnausSpokesmanPennsylvania Energy Infrastructure Alliance … … Pennsylvania’s Commonwealth Court has rejected a Chester County Commissioners request for an injunction to halt completion of the Mariner East pipeline. Pennsylvania’s Commonwealth Court has ruled against Chester County Commissioners and their attempt to secure an injunction to stop construction of the Mariner East pipeline project. The petition

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Dominion buys 5% stake in Atlantic Coast Pipeline

Dominion Energy is buying a 5% share in the Atlantic Coast Pipeline from Southern Co. for $175 million, according to Kallanish Energy. The deal makes Dominion, based in Richmond, Virginia, the majority partner in the project with a 53% stake. Duke Energy Corp., based in Charlotte, North Carolina, is now a minority partner with a

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Refinery Sale Suggests Philadelphia May Be More Rotten Than Denmark

Tom ShepstoneShepstone Management Company, Inc. . … The Philadelphia refinery sale proposed by the debtor makes no sense and unsecured creditors are calling out what may be some serious corruption. I wrote about the proposed bankruptcy sale of a Philadelphia refinery the other day noting things seemed awfully fishy. But, now the rot is becoming

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OH Supreme Court Rules REX Pipe Owes $2M in Excise Tax

The Ohio Supreme Court ruled yesterday that the Ohio tax commissioner correctly charged Tallgrass Energy’s Rockie Express (REX) pipeline $2 million in excise tax (based on $699 million of income), for gas transported from and to (within) Ohio. REX claimed it did not owe the tax because the same law that exempts gas transported out

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Milford, CT Approves Iroquois Cooling Upgrade at Compressor Stn

Last week MDN told you that because of Andrew Cuomo’s blockade of new pipelines from Pennsylvania, the Iroquois Gas Transmission pipeline which crosses the state continues to import much of the gas flowing through it from Canada (see Due to Cuomo Pipeline Ban, Iroquois Imports Canadian Gas for NY). We spotted another article about Iroquois

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Dominion Buys Out Atlantic Coast Pipe Partner; Going Green by ’50

Yesterday Dominion Energy issued its fourth quarter and full-year 2019 update. As part of the update, Dominion’s top brass talked about 2020 and beyond. Of particular interest for us was a bunch of news about the company’s stalled Atlantic Coast Pipeline (ACP) project. In particular, Dominion has purchased a small stake in the pipeline from

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Shale Gas News – December 28, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about New England, Fair Shake Environmental, global warming and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!

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