Antero Resources and Antero Midstream have donated a massive $4 million to West Virginia University’s Benjamin M. Statler College of Engineering and Mineral Resources to help train the next generation of petroleum and natural gas engineers. Antero’s gift is the largest philanthropic donation to the school to date. It will support undergraduate and graduate students…
Read More...The old Energy Harbor coal-fired power plant in Pleasants County, WV, which had been offline since June 1 and was scheduled to be demolished, has roared back to life under new ownership. Omnis Fuel Technologies invested $800 million to restart operations at the plant, which is now back online and producing electricity. Omnis’ plan is…
Read More...Last week, MDN brought you information about what happens next when (not if) the mighty 303-mile Mountain Valley Pipeline gets completed (see MVP Prompts New Pipe Expansions for Hungry Downstream Customers). MVP is built to flow 2 Bcf/d (billion cubic feet per day) of Marcellus/Utica gas southward. The problem is there isn’t (yet) enough takeaway…
Read More...Last week, MDN told you about the great news coming from the Gas and Oil Association of West Virginia, Inc. (GO-WV) and its newest annual Gas Facts report covering the impact in WV from the shale energy industry in 2022 (see WV Country’s 4th Largest NatGas Producer, Supplies 10% of U.S. Gas). West Virginia natural…
Read More...West Virginia University (WVU), the Mountain State’s public research university, is located in Morgantown, WV. Enrollment at all of WVU’s campuses at one point almost touched 30,000 students. Big university–important university. WVU has a major Petroleum and Natural Gas Engineering program as part of the school’s Benjamin M. Statler College of Engineering and Mineral Resources….
Read More...The rig count carnage continues. For the seventh week in a row and the 16th of the last 17 weeks, the U.S. active rig count lost rigs. A lot of rigs. Last week, the number decreased by 10 rigs after falling by 12 for the prior week. The total is now down to 632 active…
Read More...East Daley Analytics, based in Colorado, is a consulting firm that specializes in identifying, understanding, and monitoring operational risk throughout the oil and gas value chain. A “Daley Note” published yesterday by the company focused on the Mountain Valley Pipeline (MVP), providing a status update and a couple of intriguing (some might say controversial) comments….
Read More...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…
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