Daily Archives: June 13, 2017

A ‘Historic Moment’ for U.S. Natural Gas

For the fifth straight year, the United States is the world’s top producer of petroleum and natural gas, the Energy Information Administration reported this month. Since 2009, when U.S. natural gas production surpassed Russia – led principally by Pennsylvania shale development – America has maintained its standing as the global natural gas production leader. (EIA,…

XcL Midstream Building New Dry & Wet Gas Gathering Pipes in WV

It doesn’t happen often, but every now and again we read about driller or (in this case) pipeline company operating in the Marcellus/Utica we had never heard of before. Such is the case today. A new (to us) midstream company, XcL Midstream, has formed and is already building a dry gas gathering pipeline system in…

Atlantic Sunrise Supporters Far Outnumber Antis at PA DEP Hearings

Yesterday saw the first two (of four) public hearings being hosted this week by the Pennsylvania Dept. of Environmental Protection (DEP) to elicit comments on the proposed $3 billion, 198-mile Atlantic Sunrise Pipeline, an expansion of Williams’ Transco Pipeline system. One of yesterday’s meetings was held in Lancaster (Lancaster County), and the other in Tunkhannock…

NY School Saddles Taxpayers w/Legal Fees to Oppose Virtual Pipe

We just knew getting a “virtual pipeline” facility built in ultra-liberal Broome County, NY was proceeding a little too easy. MDN recently told you about a proposed virtual pipeline (i.e. natgas trucking system) coming to MDN’s neighborhood. NG Advantage wants to build a new compressor station and tap into the Millennium Pipeline where it crosses…

Trump DOJ Blesses GE Takeover of Baker Hughes, Merging Soon

During the Obama reign of terror, the world’s #2 largest oilfield services company, Halliburton, tried to buy the world’s #3 largest oilfield services company, Baker Hughes. The Obama Dept. of Justice (DOJ) killed that deal (see Obama DOJ Kills Halliburton/Baker Hughes Merger, Deal “Terminated”). It was a costly mistake for Halliburton–they had to pay Baker…

EIA June Drilling Rpt: Another New High in Gas & Oil Production

Yesterday, MDN’s favorite government agency, the U.S. Energy Information Administration (EIA), issued our favorite monthly report–the Drilling Productivity Report (DPR). The DPR is the EIA’s best guess, based on expert data crunchers, as to how much each of the U.S.’s seven major shale plays will produce for both oil and natural gas in the coming…

NatGas Grudge Match II: Marcellus vs Permian

Competition is good. Last week we told you about the coming competition between the Marcellus/Utica Shale play in Pennsylvania, West Virginia and Ohio, and the Haynesville Shale play in Louisiana (see NatGas Grudge Match: Marcellus vs Haynesville). The Haynesville was not so long ago dead–no new drilling. But that is no longer the case. The…

WV Sens. Capito & Manchin Introduce 2 More Ethane Storage Hub Bills

In May, both West Virginia U.S. Senators, Shelley Moore Capito (Republican) and Joe Manchin (Democrat), along with Ohio Sen. Rob Portman, introduced and co-sponsored a bill to study if and how an ethane storage hub can be constructed in the Marcellus/Utica region (see WV/OH Senators Intro Bill to Study Appalachian Ethane Storage Hub). Apparently the…

Halliburton Hires New CFO After Old CFO Left to Run Weatherford

In March, Mark McCollum, who had been Chief Financial Officer (CFO) of Halliburton, the world’s second largest oilfield services company, left to become the CEO of Weatherford, the world’s fourth largest oilfield services company (see Halliburton CFO Leaves to Become Weatherford CEO). Not long after McCollum took the helm of Weatherford, the world’s largest oilfield…

Marcellus & Utica Shale Story Links: Tue, Jun 13, 2017

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: Appalachia gas supply outlook vs. takeaway capacity; critics see Cuomo power play at the PSC; Beaver County developer buys 63 acres behind Beaver Valley Mall near Shell cracker site; ethane cracker tops Pennsylvania’s top construction projects; shale-oil…

The Radical Rockefeller Campaign Against Pipelines

Jim Willis Editor & Publisher, Marcellus Drilling News (MDN) … …  The increasingly radical Rockefeller family is funding an anti-pipeline campaign on many fronts, including in West Virginia where their puppets are suing. A group of profoundly radical “environmental” organizations filed a lawsuit in the U.S. Court of Appeals for the Fourth Circuit last Friday against the…

Pennsylvania DEP approves 11th wastewater injection well

The Pennsylvania Department of Environmental Protection recently approved the state’s 11th underground injection control well for oil and gas waste. The post Pennsylvania DEP approves 11th wastewater injection well appeared first on Shale Gas Reporter. Continue Reading: Shale Gas Reporter

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