Marcellus Drilling News

MAY 27, 2025

With heavy doses of false statements littered throughout, there is (somehow) new news in a New York Times article appearing on Saturday. The article proclaims, “E.P.A. Wants to Erase Greenhouse Gas Limits on Power Plants.” The Times says it got its hands on internal documents (someone at the EPA needs to be fired) that show.

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Marcellus Drilling News

MAY 27, 2025

Net Power, backed by the Rice brothers (of Rice Energy and EQT fame), is on a mission to develop and deploy revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see Dan Rice Buys Co. that Builds Zero-Carbon Gas-Fired Electric Plants). In April, MDN brought you the news.

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Marcellus Drilling News

MAY 27, 2025

The editors of the Pottsville, PA, Republican Herald newspaper in northeastern Pennsylvania raise an important issue that should be considered in light of the flurry of announced (and rumored) data centers planned for northeastern PA. The editors look forward to the massive economic boom such centers would create. However, as with any industry, there are.

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Marcellus Drilling News

MAY 27, 2025

The Baker Hughes U.S. rig count dropped like a rock last week, down 10 rigs to its lowest level since November 2021. It is the first time the count has slumped for four consecutive weeks since 2024. On a happier note, the combined Marcellus/Utica count rose by one rig to 36 active rigs. However, there.

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Marcellus Drilling News

MAY 23, 2025

NATIONAL: Senate votes to revoke Californias EV mandate; Natural gas futures flop after fourth straight triple-digit storage build; Why GE Vernovas stock is power surging after just one year of existence; INTERNATIONAL: Deutsche Bank hits pause on new oil curbs, citing legal risk; Oil slips as OPEC eyes boost; Japan invests big in LNG despite.

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Marcellus Drilling News

MAY 23, 2025

The Public Service Commission (PSC) of Wisconsin approved the We Energies plan to build a $1.2 billion gas-fired power plant at its Oak Creek Power Plant location (Oak Creek is a suburb of Milwaukee). Plans call for converting the facility from a coal-fired power plant to a natural gas plant that will generate 1,100 megawatts.

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Marcellus Drilling News

MAY 23, 2025

In January, MDN brought you the news that TECfusions, based in Tampa, Florida, had purchased 1,395 acres in Upper Burrell (Westmoreland County), PA, for a groundbreaking data center project called TECfusions Keystone Connect (see Massive 3 GW Gas-Fired AI/Data Center Coming to Southwest Pa.). The site is the old Alcoa R&D campus and the surrounding.

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Marcellus Drilling News

MAY 23, 2025

According to opinion researchers at Pennsylvania’s Franklin & Marshall College, the issue of fracking has deepened the schism between Democrats and Republicans in the Keystone State. Pennsylvania’s voter registration statistics have shifted rightward (from Democrat to Republican), which has been traced to shifts in the affiliation of working-class communities, particularly those located in the northeastern.

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Marcellus Drilling News

MAY 23, 2025

In December 2022, MDN brought you the great news that Coterra Energy (formerly Cabot Oil & Gas) would be allowed to restart drilling in a nine-square-mile area in Dimock, PA (Susquehanna County) following a no contest plea deal with PAs then-Attorney General, Josh Shapiro, on a misdemeanor charge (see PA DEP Allows Coterra (Cabot O&G).

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Marcellus Drilling News

MAY 23, 2025

Epsilon Energy issued its first quarter 2025 update last week. Epsilon, a relatively small company, used to concentrate most of its effort on developing Marcellus Shale wells. However, over the past few years, the company has expanded into other plays and now owns assets in the Anadarko (Oklahoma and Texas), the Permian (Texas and New.

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Marcellus Drilling News

MAY 23, 2025

For the week of May 12 – 18, the number of permits issued to drill new wells in the Marcellus/Utica was up five from the previous week. Last week, 31 new permits were issued in the M-U. In the Keystone State (PA), seven new permits were issued. The top permittee was Range Resources, which was.

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Marcellus Drilling News

MAY 22, 2025

MARCELLUS/UTICA REGION: It’s time to “build, baby, build” in the Marcellus; OTHER U.S. REGIONS: Moore signs two energy bills as June rate hikes loom; NATIONAL: Chubb drops $1.5B natural gas terminal policy; How to frac a modern shale well and boost capital efficiency; Why Ohio has a say on Californias gas car ban; Strong European.

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Marcellus Drilling News

MAY 22, 2025

If you’ve ever run a business or have been self-employed, you know how important it is to claim every legitimate deduction on your tax return. Anyone with a brain knows that wages, fuel, and repairs are expenses, the “cost of doing business”—especially in the oil and gas business. Yet in their zeal to destroy fossil.

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Marcellus Drilling News

MAY 22, 2025

Freeport LNGs export terminal with three liquefaction trains completely shut down (all three trains) in June 2022 after an explosion and fire (see Explosion Rocks Freeport LNG Export Plant Offline for 3 Weeks). What was initially thought to be a three-week outage lasted for ten months. The plant finally returned online in March 2023.

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Marcellus Drilling News

MAY 22, 2025

The Algonquin Gas Transmission pipeline (owned by Enbridge) transports up to 3.09 Bcf/d through a pipeline that is 1,131 miles long. Algonquin connects to Texas Eastern Transmission (TETCO), Millennium Pipeline, and Maritimes & Northeast Pipeline and supplies New England with critically needed natural gas supplies for power generation and consumer use.

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Marcellus Drilling News

MAY 22, 2025

Yesterday, the first of what will no doubt be many such events, the Appalachian AI Energy Conference (sponsored by Shale Directories) was held at the Hilton Garden Inn in Pittsburgh/Southpointe. Event speakers explored why Appalachia is uniquely suited to meet AI’s massive energy needs. CNXs VP of sustainable development, Brent Bobsein, spoke about the region’s.

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Marcellus Drilling News

MAY 22, 2025

The Marcellus Shale has a distinct advantage over every other gas-focused shale play in the country: It’s WAY cheaper than anywhere else to produce gas in the Marcellus. It’s called the break-even point, when a driller makes a profit after paying for expenses. The break-even in the Marcellus is *below* $2/Mcf (thousand cubic feet) for.

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Marcellus Drilling News

MAY 22, 2025

In late 2015, MPLX (i.e., Marathon Petroleum) bought out and merged in the Utica Shales premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). The new MarkWest, aka MPLX, plays on a much larger stage now, including the ownership and operation of major assets in the Permian Basin.

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Marcellus Drilling News

MAY 21, 2025

MARCELLUS/UTICA REGION: Expand Energy donates $20,000 to Wetzel County emergency services; OTHER U.S. REGIONS: Oglethorpe selects GE Vernovas tech for new natgas plant; Mass. orders utilities to spend less ratepayer money on natural gas pipelines; New Plaquemines LNG terminal hit record highs on feedgas demand; NATIONAL: US shale to plateau if oil stays in current.

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Marcellus Drilling News

MAY 21, 2025

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it.” That quote is attributed to Adolf Hitler, a master of lying propaganda. The environmental left is also a master at lying propaganda. Like this lie: “Solar is now cheapest electricity in history, confirms IEA.” That’s a lie.

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Marcellus Drilling News

MAY 21, 2025

Gas-fired power plants in the Marcellus/Utica region (and beyond) continue to change hands at a dizzying pace. Last week, MDN brought you the news that NRG Energy agreed to acquire LS Powers portfolio of natural-gas power plants in a deal valued at roughly $12 billion, including debt, that will expand NRGs footprint in Texas and.

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Marcellus Drilling News

MAY 21, 2025

The oil and gas industry is large and complex, including how companies raise money to drill new wells. One of the ways companies get financing to drill is via partners that invest but don’t take an active role. It’s called being a non-operated (non-op) owner or partner.

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Marcellus Drilling News

MAY 21, 2025

The Marcellus/Utica region is the United States’ top natural gas production area, accounting for about one-third of the country’s daily output. Natural gas production in the M-U has soared from 2 Bcf/d (billion cubic feet per day) to over 33 Bcf/d today in the past 15 years. Growth has slowed in recent years due to.

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Marcellus Drilling News

MAY 20, 2025

OTHER U.S. REGIONS: Dominion Energy awards grants to 352 nonprofits across multiple states; US natgas prices at Waha hub in Texas fall into negative territory; Venture Global exported record LNG in Q1; NATIONAL: CFACTs Myers challenges BlackRocks board on ESG; Backlog for natural gas turbines expands on surging demand, supply constraints; INTERNATIONAL: Oil ends higher.

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Marcellus Drilling News

MAY 20, 2025

The data center high tide is lifting all gas drilling boats. That’s according to a new study from S&P Global Commodity Insights that finds the expectations of a coming boom in demand for electricity for data centers, which will create a boom in demand for natural gas to produce the electricity, is causing gas drilling.

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Marcellus Drilling News

MAY 20, 2025

In January, MDN brought you the news that TECfusions, based in Tampa, Florida, had purchased 1,395 acres in Upper Burrell (Westmoreland County), PA, for a groundbreaking data center project called TECfusions Keystone Connect (see Massive 3 GW Gas-Fired AI/Data Center Coming to Southwest Pa.). In early April, MDN brought you the exciting news that THE.

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Marcellus Drilling News

MAY 20, 2025

Yesterday, the NYMEX “front month” natural gas price index got whacked and whacked good. The price sank $0.221 from the previous day, down to a closing price of 3.113/MMBtu. Below-average temperatures are forecasted in most of the eastern half of the country over the next 6-10 days, meaning less use of natgas for cooling. Production.

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Marcellus Drilling News

MAY 20, 2025

EOG Resources, one of the largest oil and gas drillers in the U.S. (with international operations in Trinidad and China), owns nearly half a million acres of leases in the Ohio Utica (~460,000 acres). EOG calls its position the Ohio Utica combo play and considers it one of the companys “premium” and “emerging” plays. EOG.

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Marcellus Drilling News

MAY 20, 2025

In March 2024, we reported that two Democrats and one anti-drilling RINO who run Bucks County, PA government (a Philadelphia suburb) fell for the bait by Big Green and filed a lawsuit against Big Oil companies for supposedly, knowingly, causing the Earth to toast to a cinder (see Bucks County, PA, Sues Big Oil for.

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Marcellus Drilling News

MAY 19, 2025

Last week, two different quasi-governmental agencies, the North American Electric Reliability Corporation (NERC) and the Federal Energy Regulatory Commission (FERC), issued summer assessments for whether or not the country could experience problems with having enough electric power for this summer. Both assessments conclude the same thing: IF we don’t have any extreme weather events, and.

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Marcellus Drilling News

MAY 19, 2025

Last December, MDN told you that the future of what could become the country’s largest LNG export facility, Venture Global’s Calcasieu Pass 2 (CP2), was in question following a court order from the the leftwing U.S. Court of Appeals for the District of Columbia (see Timing & Future of Venture Globals CP2 LNG Project Murky).

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Marcellus Drilling News

MAY 19, 2025

ECA Marcellus Trust I, the royalty interest holder in some of the wells drilled and maintained by Greylock Energy in Greene County, PA, announced on May 9 that it will issue a 5.2-cent dividend to unitholders for the first quarter of 2025. The company continues to hold back some profits ($90,000 in 1Q25) to build.

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Marcellus Drilling News

MAY 19, 2025

In January 2024, MDN told you about a long-closed landfill that seeks to reopen in Liberty and Pine Townships in Mercer County, PA (see Group Claims Drill Cuttings for Grove City Landfill Radioactive). In 2020, Tri-County Landfill Inc. submitted a permit application for the construction and operation of a municipal waste landfill site operated from.

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Marcellus Drilling News

MAY 19, 2025

Last November, MDN brought you the great news that MPLX (aka MarkWest Energy) would file to build an expansion at its existing Harmon Creek facility in Smith Township, Washington County, PA (see MPLX to Build New Harmon Creek III Gas Processing in PA Marcellus). MPLX wants to add a 300 MMcf/d (million cubic feet per.

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Marcellus Drilling News

MAY 19, 2025

Ascent Resources, founded as American Energy Partners by gas legend Aubrey McClendon, is a privately held company focusing 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is Ohios largest natural gas producer and the 8th largest natural gas producer in the U.S. The company issued its first quarter 2025 update on.

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Marcellus Drilling News

MAY 19, 2025

The U.S. national rig count lost two more rigs last week, going from 578 to 576, tying January 24th of this year as the lowest national rig count in the past 12 months. Rigs targeting the Marcellus layer remained the same with 25 rigs last week, while the Utica (in Ohio) picked up one rig.

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Marcellus Drilling News

MAY 16, 2025

MARCELLUS/UTICA REGION: Gov. Shapiro’s “Lightning Plan” tax credit, community energy pass PA House; OTHER U.S. REGIONS: NE needs natural gas, Dems block it; NATIONAL: A fraction of proposed data centers will get built; Storage build pressures natural gas futures; Natural gas price forecast – decline deepens after breaking key support levels; Energy private equity patiently.

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