Is today the day we’ve been waiting and writing about for the past nine years? Possibly! Yesterday, Mountain Valley Pipeline (MVP), the 303-mile, 2 Bcf/d pipeline from Wetzel County, WV, to Pittsylvania County, VA, filed a request with the Federal Energy Regulatory Commission (FERC) to say the pipeline is now mechanically complete, meaning the pipeline…
Newly released information gathered from a Freedom of Information Act (FOIA) request shows that as Mountain Valley Pipeline (MVP) tested its 303-mile pipeline from Wetzel County, WV, to Pittsylvania County, VA, some 130 potential problem areas were located. Running a PIG (pipeline inspection gauge) device through the pipeline to check for dents and other weaknesses…
Two weeks ago, 16 new permits were issued to drill in the Marcellus/Utica region. Last week, May 20-26, the number increased by two to 18. Two drillers tied for the top prize for most new permits. Chesapeake Energy received five new permits, all of them for drilling in Sullivan County, PA. Ascent Resources also received…
Anti-fossil fuelers and some residents with portions of the 303-mile Mountain Valley Pipeline (MVP) traversing their land are flooding the Federal Energy Regulatory Commission (FERC) with comments asking the agency to delay permission for MVP to be placed into service. The latest in-service date MVP outlined to FERC in a recent request for startup permission…
Yeah, the bottom pretty much fell out of the rig count last week, both nationally and for the Marcellus/Utica region. We’re hitting new lows with both counts. For the M-U, Pennsylvania stayed the same with 21 active rigs, but Ohio lost one rig, and West Virginia lost two rigs last week, for a net loss…
Permits issued in the Marcellus/Utica continue to bounce up and down. One month ago, there were 26 new permits in the M-U for a one-week period. Three weeks ago, 16 new permits were issued. Two weeks ago, just ten new permits were issued. And last week, May 13-19, the number increased to 16, but only…
Two weeks ago, during the week of April 15 – 21, there were 16 new permits issued to drill in the Marcellus/Utica. Last week, for the week of April 22 – 28, there were 26 new permits issued. Finally! A little good news on the permit front. Snyder Brothers took the top prize with eight…
Antero Midstream, a separate company from Antero Resources (at least on paper, although it is managed by the same people), issued a press release yesterday to announce it had purchased a bolt-on acquisition of gathering and compression assets in the Marcellus Shale for $70 million from Summit Midstream Partners. The assets acquired include two compressor…
In February, West Virginia State Treasurer Riley Moore sent notices to six financial institutions warning them of potential inclusion on the state’s Restricted Financial Institution List (can’t do business with the state) after his office made an initial determination that the institutions appear to be engaged in boycotts of fossil fuel companies as defined under…
Hopefully, we’re now at the conclusion of an effort to overturn a bill passed in early 2022 by the West Virginia legislature, Senate Bill (SB) 694, which finally brought forced pooling for shale wells to the Mountain State after eight years of trying (see WV House Passes Forced Pooling Bill, Done Deal When Gov Signs)….
According to the data geeks at the U.S. Energy Information Administration (EIA), U.S. natural gas production grew by 4% in 2023, which was similar to the growth in 2022. U.S. gas production in 2023 averaged a whopping 125.0 Bcf/d (billion cubic feet per day). In 2023, more natural gas was produced in the Appalachia (Marcellus/Utica)…
There were 16 new permits issued to drill in the Marcellus/Utica during the week of Mar. 11 – 17, down 3 from 19 permits issued the prior week. Pennsylvania issued 9 new permits. Ohio issued 4 new permits. And West Virginia issued 3 new permits. Penn Production Group (PPG) and EOG Resources tied for most…
There were 18 new permits issued to drill in the Marcellus/Utica during the week of Feb. 19 – 25, up from 13 permits issued the prior week. Pennsylvania issued 8 new permits last week. Ohio issued 9 new permits (after issuing none the week before). West Virginia issued just 1 new permit last week. Encino…
West Virginia State Treasurer Riley Moore has sent notices to six additional financial institutions warning them of potential inclusion on the state’s Restricted Financial Institution List (can’t do business with the state) after his office made an initial determination that the institutions appear to be engaged in boycotts of fossil fuel companies as defined under…
Members of the Wet Virginia State Senate voted on Friday to permanently retain a flawed oil and gas well valuation formula. The Senate vote comes after the House had previously voted to do the same thing (see WV’s Botched NatGas Property Tax Gets Messier with House Vote). The formula used has been the cause of unending…