New shale permits issued for Aug 14 – 20 in the Marcellus/Utica finally turned around. There were 27 new permits issued last week, way up from the 10 issued the prior week. Last week’s permit tally included 21 new permits in Pennsylvania, 2 new permits in Ohio, and 4 new permits in West Virginia (after…
Read More...Two Marshall County, WV landowners with the same last name (obviously related) sued Southwestern Energy (SWN), accusing the company of “well bashing,” in March of this year (see WV Mineral Owners’ Lawsuit Accuses Southwestern of ‘Well Bashing’). The landowners seek to have the lawsuit certified as a class action. Well bashing happens when drilling a…
Read More...Nearly one year after EQT announced a deal to buy privately-owned Tug Hill Operating’s West Virginia shale assets for roughly $5.2 billion (see Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion), the deal is finally done. EQT announced yesterday it had closed on the purchase (revised price ~$4.6 billion), adding roughly 90,000 acres…
Read More...Using data from several government agencies, the Gas and Oil Association of West Virginia, Inc. (GO-WV) published its annual Gas Facts report last week. According to the report (copy below), West Virginia natural gas production increased 6% to 2.8 trillion cubic feet (Tcf) in 2022. WV has moved up from fifth to now fourth largest…
Read More...With the 303-mile Mountain Valley Pipeline (MVP) now in construction high gear to finish the final 6% of the project, the question becomes can and how will an extra 2 Bcf/d (billion cubic feet per day) of Marcellus/Utica gas make it to the end of the pipeline, and from there, onward to other destinations in…
Read More...It’s getting even uglier out there. For the sixth week in a row and the 15th of the last 16 weeks, the U.S. active rig count lost rigs. A lot of rigs. Last week the number decreased by a whopping 12 rigs after falling by five rigs per week for the three weeks prior. The…
Read More...We should have known there was a price to pay, a “pound of flesh” to be exacted, when we read the announcement that the Bidenistas of the FTC (Federal Trade Commission) had approved EQT’s deal to buy Tug Hill’s West Virginia assets. Two days ago, EQT issued a press release to announce the deal had…
Read More...Yesterday we told you about a new $2 billion hydrogen project coming to West Virginia (see $2B Hydrogen Project Announces for WV – FidelisH2 in Mason Co.). Fidelis New Energy announced it had selected Mason County for a “net-zero” hydrogen production facility and low carbon microgrid, which it has dubbed The Mountaineer GigaSystem. The Fidelis…
Read More...Last September, EQT Corporation announced it was buying privately-owned Tug Hill Operating’s West Virginia shale assets for $5.2 billion (see Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion). However, the Bidenistas at the Federal Trade Commission (FTC) got involved slowing down the deal. Because of the FTC dragging its feet, EQT and Tug…
Read More...The ARCH2 (Appalachian Regional Clean Hydrogen Hub) project, the West Virginia-led effort to attract government funding for one of 6-10 regional hydrogen hubs, has just landed its second major commitment–even though ARCH2 hasn’t officially been selected for government funding. Yesterday Fidelis New Energy announced it has selected Mason County, WV, for a $2 billion “net-zero”…
Read More...Yesterday we told you the liars of the left are doing their best to sew disinformation and fear about Mountain Valley Pipeline (MVP) and the installation of the remaining 6% of the pipeline that’s not already in the ground (see MVP Antis Spread Lies About Pipes Sitting in the Sun Too Long). The fearmongering has…
Read More...Looks like the three Democrat judges of the U.S. Court of Appeals for the Fourth Circuit (4th Circuit) value their own jobs more than defeating the Mountain Valley Pipeline (MVP) project. On Friday, the three-judge panel that has opposed MVP in just about every decision they’ve issued since 2018 dismissed the remaining two cases against…
Read More...Even though the radicalized left has been defeated in their attempts to block the 303-mile Mountain Valley Pipeline (MVP) project, they won’t go quietly (they never do). The liars of the left are trying to plant seeds of fear and doubt in the residents of West Virginia and Virginia that as soon as the remaining…
Read More...It’s gettin’ ugly out there. For the fifth week in a row and the 14th in the last 15 weeks, the U.S. active rig count lost rigs. Last week the number decreased by ANOTHER five rigs, after falling five rigs the week before, and five the week before that–now down to 654 active rigs across…
Read More...You never know how Marcellus/Utica gas affects the entire country for the good. Here’s an interesting example. In April, the ARCH2 (Appalachian Regional Clean Hydrogen Hub) project, the West Virginia-led effort to attract $1 billion of government funding for one of 6-10 regional hydrogen hubs, took a big leap forward with the announcement of a…
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