Shale Gas News – July 22, 2017

shale gas news - desRosiers_headshotBill desRosiers
External Affairs Coordinator, Cabot Oil & Gas

 

The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM and 1510 AM, talked about the natural gas supply, fracking permits, Mark Zuckerberg and much more last week.

Every Saturday Rusty Fender and I host a morning radio show to discuss all things natural gas. This week, as guests, we had George Stark, Director, External Affairs at Cabot Oil & Gas and Bruce Thompson, President of AXPC.

Shale Gas NewsThe Shale Gas News, typically, is broadcast live. On the July 22nd show (click above), we covered the following new territory (see news excerpts below):

  • U.S. natural gas supply hits 52-year high with shale accounting for 64 pct of total resources. America’s future supply of domestic natural gas puts the country in a strong position to meet demands across several industry sectors for many decades, the industry-funded, nonprofit Potential Gas Committee (PGC) said Wednesday in releasing its year-end 2016 biennial report, Potential Gas Supply of Natural Gas in the United States.
  • The life of land after frac sand. BARRON COUNTY – Since the late 2000s, growth in hydraulic fracturing has created a new demand for sand deposits around western Wisconsin. Of highest value is hard, fine-grained sand perfect for cracking underground rock formations that hold oil and natural gas. But beyond the short-term economic ups and downs that come with any activity tied to the energy industry, what happens over the long run at the sites where frac sand is mined?
  • Permitting & fracking: Pa. needs to catch up. Forget about a Pennsylvania shale gas severance tax. The state won’t have the fracking industry to go after, tax-wise, if recently documented permitting delays continue to bog down drilling. Carl Carlson, Range Resources’ director of government affairs, recently detailed those delays for the House State Government Committee and what they mean for the commonwealth’s drilling operators.
  • Marcellus gas companies want AG’s royalty case tossed. TOWANDA, Pa. — Two major players in Pennsylvania’s Marcellus Shale gas boom sought to convince a Bradford County judge on Thursday to narrow or throw out a lawsuit by the state attorney general, who accuses the companies of misleading landowners about lease terms and cheating them out of royalties. Oklahoma-based Chesapeake Energy Corp. and Texas-based Anadarko Petroleum Corp. argue the state’s case is fundamentally flawed because it misapplies Pennsylvania’s consumer protection law to a situation where the apparently harmed party — the landowners — were not consumers, but sellers, of mineral rights.
  • Mark Zuckerberg Goes Fracking in North Dakota, Antis Have Meltdown. Mark Zuckerberg is the very wealthy and quite young founder and CEO of Facebook. As is typical of his generation and in the tech world, Zuckerberg is a flaming liberal. But you have to give the guy credit. He not only founded Facebook, he grew it–to one of the biggest companies (value-wise) in the world. And he hasn’t screwed it all up. So he’s learned something. He’s teachable. Apparently Zuckerberg thinks if someone like Donald Trump can win the presidency, he might be able to himself.
  • MVP Surveyors Outsmart Va. Landowners, Survey at Crack of Dawn. Just yesterday MDN reported on a small group of gentry landowners living in the lavish Bent Mountain area of Roanoke County, VA who illegally blocked access to surveyors from Mountain Valley Pipeline. Even though the surveyors have the right, under Virginia law, to enter their property and conduct survey work, even without landowner permission, the landowners called in the cops and the cops “suggested” to the surveyors that they get a court order first. Even though a court order is not required.
  • EQT Update on Mon Valley Drilling – 7 Utica Wells Coming This Yr. A couple of EQT representatives addressed the Monongahela Area Chamber of Commerce yesterday to update residents on EQT’s drilling plans in the Mon Valley region. The EQT reps said all of the wells drilled locally so far have been Marcellus wells. However, EQT plans to drill 7 Utica wells this year in the Mon Valley area. Here are some of the details on where EQT has been, and plans to, drill in the Mon Valley region during 2017.

The Shale Gas News sponsored by Linde Corporation

The post Shale Gas News – July 22, 2017 appeared first on Natural Gas Now.

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