EQT announced yesterday it has closed on a deal to sell “certain non-strategic assets” to Diversified Gas & Oil (DGO) for $125 million, plus another potential $20 million later on. MDN first told you about this deal on May 13 (see Diversified Buys 900 EQT Wells (67 Shale Wells) for $125M). This is the first
Read More...Natural gas has become a preferred fuel for electricity generation due to its abundance, cost and environmental impact, according to Daily Mail WV. More than 25 new gas-fired electric generation facilities have been built in and around the Mid-Atlantic region in the past five years and several more are under construction. However, none have been
Read More...Tom ShepstoneShepstone Management Company, Inc. … … 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. Fossil Fuels Essential to Middle Class Prosperity Joe Biden’s loose comment about being willing to destroy oil and gas jobs for
Read More...The Battle Run Compressor Station, owned and operated by Williams and located in Valley Grove (Ohio County), West Virginia, exploded and caught fire Saturday night. Fortunately no one was injured and the fire was extinguished within a half hour. Williams has “isolated” the flow of gas to the facility while the incident is investigated.This post
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Cove Point celebrated loading its 100th container ship of Appalachian shale gas the other day. This facility is shipping our natural all over the globe. Seems like just yesterday that Dominion Energy’s Cove Point LNG export plant opened for business–in April 2018 (see First-Ever Shipment of Marcellus LNG Leaves Cove
Read More...The Appalachia Development Group (ADG) is leading an effort to build a ~$3.3 billion NGL storage hub in Appalachia. From the start, the thinking has been the storage hub would be located somewhere in West Virginia (see WV’s US Senators Lead the Charge to Build $10B NGL Storage Hub). But what’s this? ADG Chairman and
Read More...Yesterday MDN reported on Dominion Energy’s third quarter update from last Friday, a session in which CEO Tom Farrell commented the company’s commitment to building the Atlantic Coast Pipeline (ACP) is “unwavering” (see Dominion Energy 3Q – Commitment to Atlantic Coast Pipe “Unwavering”). Last Thursday a pair of ACP representatives gave an update to Upshur
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) ExxonMobil is looking to do a cracker in Western Pennsylvania or environs and it could be in the same vicinity as Shell’s. Pennsylvania is still rising! Leave it to ace reporter Paul Gough from the Pittsburgh Business Times to unearth some earth-shattering news–that ExxonMobil is actively looking at locations in Beaver
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. Disingenuous Daylin Leach Proposes PA Fracking Ban I’ve met Senator Pennsylvania Senator Daylin Leach. Indeed, I have testified
Read More...Yesterday the Consumer Energy Alliance (CEA) released its West Virginia Emissions Brief (full copy below) which shows significant emissions reductions and environmental improvements made across the state. This brief further demonstrates that states can reap the rewards of energy production while practicing sound environmental stewardship simultaneously. Although West Virginia is now the seventh-largest natural gas
Read More...Over the last decade, West Virginia has become the seventh-largest natural gas producer in the United States, according to Rigzone. Natural gas production in West Virginia has reached a record every year for the last 10 years, reaching 1.8 Tcf in 2018. The state now accounts for 5-6% of total U.S. output, with a foothold
Read More...Pennsylvania is the #2 top producing natural gas state in the union, producing 6.2 trillion cubic feet (Tcf) in 2018. Ohio is the #5 top producing natgas state, producing 2.4 Tcf last year. However, West Virginia is rapidly moving up the ranks. In 2018, WV produced 1.8 Tcf of natural gas, the #7 spot, thanks
Read More...Tom ShepstoneNatural Gas NOW … … NaturalGasNOW wants your help. It takes much effort to do what we do and we want your help to get it done “for our nation, our economy and our environment.” Yes, just like Uncle Sam, we want you! We want you as a guest blogger. We want your comments.
Read More...Garland L. Thompson, Esq.Journalist and Author, Philadelphia Garland Thompson tells us not to be distracted by pipeline blockades in the politically correct Northeast because shale gas is headed south in a big way. News that a U.S. court upheld Maryland’s refusal to permit a planned 3.5-mile gas pipeline to cross state land to reach West
Read More...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
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