CNX Resources has just laid off (i.e. fired) roughly 50 employees company-wide, most of them at company headquarters in Canonsburg. But not all. We heard from an MDN trust source who said at least nine workers got their walking papers in West Virginia. Given the company employs about 500 people, 50 fired represents 10% of
Read More...The federal Environmental Protection Agency (EPA) has just given Equitrans’ Mountain Valley Pipeline (MVP) project a huge thumbs up and assist by approving permit changes made by West Virginia that will allow MVP to restart work in crossing hundreds of streams and rivers in the state. This post appeared first on Marcellus Drilling News.
Read More...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
Read More...EQM Midstream Partners told the Federal Energy Regulatory Commission via letter last week the company would stop some work on the Mountain Valley natural gas pipeline in West Virginia and Virginia, as the U.S. Fish and Wildlife Service reviews permits. In the letter, EQM said it was voluntarily suspending new work on Mountain Valley in
Read More...West Virginia continues to add to the prolific Appalachian Basin’s status as one of the world’s top-producing natural gas regions. [embedded content] For the 10th year in a row, West Virginia set a new oil and natural gas production record, according to the state Department of Environmental Protection. Between 2017 and 2018, natural gas production
Read More...West Virginia production of natural gas hit a new all-time high record in 2018 of 1.8 Tcf (trillion cubic feet), up from 1.5 Tcf in 2017. That’s an increase of 17%. All thanks to the Marcellus/Utica Shale! This post appeared first on Marcellus Drilling News.
Read More...In a series of statements and news reports last week, state officials announced Brazilian petrochemical company Braskem dropped its plans to build a $4 billion ethane cracker in northern West Virginia, according to Kallanish Energy. Reports of a possible ethane cracker being constructed in northern West Virginia have circulated since 2013 when the company first
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Pipelines supporters from affected North Carolina communities have had enough of environmental activists and political elites standing in their way. Atlantic Coast Pipeline (ACP), a $7 billion, 600-mile pipeline that will stretch from West Virginia into North Carolina, is facing an existential threat by leftist environmentalists. The project is
Read More...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
Read More...Despite its recent ruling in Andrews v. Antero, the West Virginia Supreme Court’s most recent ruling represents a rare victory for its residents, according to Shale Ohio. EQT was sued by landowners and lessors Crowder and Wentz after it drilled on their land to access natural gas underneath neighboring properties. The high court ruled in
Read More...The West Virginia Supreme Court recently sided with Antero Resources Corp. in a case brought against the company by Harrison County landowners, according to the Charleston Gazette-Mail. The court upheld a lower court ruling that threw out a collection of lawsuits that argued Antero’s operations in the Cherry Camp area had created a nuisance. Furthermore,
Read More...Last Wednesday the West Virginia Supreme Court issued a consolidated opinion lumping together seven similar lawsuits filed by Antero Resources and CNX Resources against the WV state tax commissioner and the Doddridge County Commission. The lawsuits take issue with the way gas well valuations are calculated for property taxes. This post appeared first on Marcellus
Read More...On May 25, lightning struck a 1 million gallon condensate tank near Friendly (Tyler County), WV on a Saturday afternoon (see Lightning Strikes Huge Condensate Tank in Tyler, WV – Fire Now Out). At least, that’s the theory. The strike (if that’s what it was) ignited the tank, creating a “massive” fire according to news
Read More...Natural gas producers in West Virginia can no longer drill on neighboring property to reach natural gas reserves on adjoining tracts, according to a Supreme Court decision made last week. The Supreme Court justices upheld a lower court ruling and jury verdict against EQT Corp., in a 5-0 ruling, siding with two Doddridge County residents
Read More...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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