Daily Archives: June 21, 2017

Natural gas producers still feeling the pinch

The impacts of another potential downturn in the region’s natural gas industry still recovering from the 2015 slowdown came up as a concern in a panel Wednesday. Executives said that low natural gas prices are having a crushing effect on natural gas companies, which have cut back on drilling rigs and laid off thousands of…

More Details on EQT/Rice Merger – Who Stays & Who Goes?

On Monday EQT announced what is some of the biggest news MDN has covered in the past few years: EQT is buying Rice Energy (see EQT Buys Rice Energy in $8.2B Deal, Becomes #1 Gas Producer in US). The resulting merger, which will be completed later this year (if regulators and shareholders approve), will result…

PA Supreme Court Hands Antis Partial Victory re State Land Drilling

In a sharply divided 3-2 decision (full copy below), the Pennsylvania Supreme Court of Appeals has sided with a virulent anti-drilling group, the Pennsylvania Environmental Defense Foundation, against the state in saying that any revenue generated from leasing and drilling on state-owned land MUST be used solely for conservation and the environment. The state cannot…

OH Supremes to Decide if Landowner Getting Free Gas can End Lease

Here’s a case in Ohio that has the potential to impact Utica Shale, as well as conventional, leases. According to OOGA (the Ohio Oil and Gas Association) it has the potential to affect “the validity and viability of thousands of oil and gas leases across the state.” In brief, a conventional gas well was drilled…

New Poll: Majority in NY, MA, CT, NH Support More Pipelines!

An overwhelming majority of voters in Connecticut, Massachusetts, New Hampshire and New York support energy delivery of transportation fuels and the use of natural gas infrastructure – including the approval and construction of more pipelines in the region, according to a new poll from Consumer Energy Alliance (CEA). The CEA calls itself the “voice of…

Babst Calland Report: Resurgence of M-U Industry & Challenges Ahead

The legal beagles of top energy law firm Babst Calland recently released their seventh annual energy industry report called, “The 2017 Babst Calland Report – Upstream, Midstream and Downstream: Resurgence of the Appalachian Shale Industry; Legal and Regulatory Perspective for Producers and Midstream Operators.” This latest annual review chronicles the comeback of the Marcellus/Utica and…

First Reserve Buys EMS’ Pipeline Maintenance Platform

First Reserve, a private equity firm (i.e. company that invests big money to buy other companies, or pieces of companies), has purchased the “integrity maintenance platform” of EMS USA, Inc. EMS is a company that fixes and maintains pipelines. Some of the work they do is in the Marcellus/Utica, hence our interest in this deal….

Marcellus & Utica Shale Story Links: Wed, Jun 21, 2017

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: Record keeping essential to prove lack of production in paying quantities; Firefighter pursuing chemical disclosure law in OH; Shell executive: Safety of workers, contractors at forefront of cracker project; Another Steyer-bankrolled anti-fracking campaign falls apart, this time…

Corruptocrat Gives SolarCity Get Out Of Jail Free Card?

Tom Shepstone Natural Gas NOW … …  Andrew Cuomo, Governor Corruptocrat, imagines he can now get away with anything. That’s obvious from the deal he just cut with the Musk empire and SolarCity. The SolarCity deal made by Andrew Cuomo, Governor Corruptocrat of New York, is emblematic of the Tammany Hall governance Mario’s boy has…

Anti-Fracking Activists Indoctrinating Kids in U.S. Schools

An ongoing effort by a prominent anti-fracking group to weave the narrative that oil and gas industry energy education programs are being used to push pro-industry propaganda got some media traction last week. This struck us as more than a bit ironic, considering that the media (not surprisingly) has largely ignored numerous examples of anti-fracking…

DRBC Power Grab Challenged at 3rd Circuit

Tom Shepstone Natural Gas NOW … …  A DRBC power grab, encouraged by radical fractivists and enabled by cowardly leadership, is challenged with a compelling appeal made to the 3rd Circuit. The Delaware River Basin Commission has made a bid for control over every aspect of life in the watershed. This DRBC power grab is not…

© 2014 RenewaNews