Shale Gas News – October 21, 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, 1510 AM and Sundays on YesFM, talked about seismic testing, wastewater recycling, microturbines and much more last week.

The Shale Gas News has grown to THREE stations! We are now broadcasting with YesFM. YesFM will be airing the full 60 minute version of the program on Sunday mornings. YesFM broadcasts primarily in Sullivan and Bradford counties, with some ancillary coverage in neighboring counties and even over the border into New York.

Every Saturday Rusty Fender and I host a morning radio show to discuss all things natural gas. This week , as guests, we had Gregory Wrightstone, Geologist and Author of Inconvenient Facts and Charlie Gerow, CEO of Quantum Communications.

shale gas news

The Shale Gas News, typically, is broadcast live. On the October 21st show (click above), we covered the following new territory (see news excerpts below):

  • Marcellus Driller Cabot Oil & Gas: Wall Street’s NatGas “Unicorn”  Cabot Oil & Gas has long been one of our favorite Marcellus drillers. We are friends with several members of the Cabot team. We are impressed with their many acts of philanthropy in northeastern Pennsylvania–donating millions of dollars to worthy causes in the local community where they drill. As we’ve pointed out many times, Cabot somehow spins gold out of hay in Susquehanna County–producing something like 2.5% of all the natural gas that’s produced in the U.S. from a single county.
  • Southwestern Energy Offers $5/Acre for Seismic Testing in WV. In 2014, Southwestern Energy cut a massive deal to buy 413,000 Marcellus/Utica acres from Chesapeake Energy, most of it in northern West Virginia, for $5.375 billion. Southwestern has done some drilling on that acreage since, but all the signs are now visible that the company intends to really ramp up their WV drilling program. In August, Southwestern nailed down some missing acreage in the Wheeling area by leasing 66 acres from the Wheeling Park School District for $231,000.
  • Antero Taps Veolia to Handle TENORM Waste at WV Water Facility. In 2015 Antero Resources hired Veolia Water Technologies Inc. (subsidiary of France-based Veolia) to build a new shale wastewater recycling facility in Doddridge County, West Virginia. The new facility, which is slated to take two years to build and cost Antero $275 million, will process 60,000 barrels of wastewater per day.
  • 2 Marcellus-Fired Electric Turbines Coming to Downtown Pittsburgh. This story has delicious irony. Pittsburgh proper, like most large cities, is mostly populated with lefties, including anti-drilling zealots. There has been some shale drilling in outlying areas of Allegheny County, where Pittsburgh is located. Pittsburgh prides itself on its green/sustainable energy initiatives. So when we saw the news that two microturbines using natural gas (i.e. Marcellus Shale gas) to generate heat and electricity are coming to downtown Pittsburgh, well, we just knew we had to spread the good news.
  • Williams Launches Major WV Expansion to Serve Southwestern Energy. Yesterday Williams announced a new, major deal with Southwestern Energy to expand its network of gathering pipelines and processing facilities in West Virginia, to serve Southwestern’s increasingly aggressive drilling program in the state. Williams will expand its its Oak Grove processing plant to handle extra wet gas that will flow into it from Southwestern’s 135,000-acre wet gas (i.e. NGL) drilling program in Marshall and Wetzel counties. Southwestern targets wet gas in the Marcellus and Upper Devonian in those two counties.

The Shale Gas News sponsored by Linde Corporation

The post Shale Gas News – October 21, 2017 appeared first on Natural Gas Now.

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