We never thought this day would arrive! We hoped. We prayed. But finally, it’s (almost) here. The 303-mile, 2 Bcf/d Mountain Valley Pipeline (MVP) is almost ready to begin operation. On Monday, Equitrans Midstream filed a letter (below) with the Federal Energy Regulatory Commission (FERC) requesting a May 23 startup date for the pipeline. MVP... The post MVP Essentially Done, Builder Asks FERC for OK to Start Up May 23 first appeared on Marcellus Drilling News ..read more

Evolution Well Services, headquartered in Houston with a regional office in Pittsburgh, specializes in “electric” fracking — using natural gas from the well pad (instead of diesel fuel) to power turbines to create electricity that drives fracking pumps. Evolution announced yesterday it had successfully deployed two new electric fleets in March, one in Appalachia and... The post Evolution Well Services Adds e-Fracking Fleet to Marcellus/Utica first appeared on Marcellus Drilling News ..read more

PJM is the largest electric grid operator in the U.S. It serves 65 million people in 13 states plus the District of Columbia (including PA, OH, and WV). PJM recently issued a press release to tout a radical reduction in emissions of all types. From 2005 to 2023, carbon dioxide (CO2) emission rates fell 43%... The post Marcellus Fracked Gas Leads to Record Low Emissions in PJM Grid first appeared on Marcellus Drilling News ..read more

Yesterday the U.S. Energy Information Administration (EIA) published a post to announce that U.S. natural gas consumption set annual and monthly records during 2023. In 2023, some 89.1 billion cubic feet per day (Bcf/d) of natural gas was consumed in the United States, the most on record. Since 2018, U.S. natural gas consumption has increased... The post NatGas Grew Its Share of Electric Power 7% in 2023, New Record High first appeared on Marcellus Drilling News ..read more

As we outline today in another post, the PJM electric grid, which covers 13 states including Pennsylvania, reports emissions of all the nasty things (carbon dioxide, nitrogen oxides, sulfur dioxide) have decreased radically thanks to the change from coal-fired power to natural gas-fired power (see Marcellus Fracked Gas Leads to Record Low Emissions in PJM... The post Gov. Shapiro Dooms PA Gov’t to Use Unreliable, Intermittent Solar first appeared on Marcellus Drilling News ..read more

Have things finally turned around for the problem-plagued Freeport LNG export facility located in Quintana, Texas? We hope so. Last week, we reported gas flows to the facility had dropped to “near zero” for at least five days in a row (see Freeport LNG Still Mostly Shut Down – 5 Days in Row at <... The post Problem-Plagued Freeport LNG Finally (!) Exports Another Cargo first appeared on Marcellus Drilling News ..read more

NATIONAL: NA natgas demand to soar in ‘25 and beyond, says Halliburton; Bidens doing everything they can to stop LNG development, exports; AI boom to fuel natural gas demand in coming years, report says; INTERNATIONAL: Rising spot LNG prices starting to bite some Asian buyers; Environmentalists’ silence on humanity and environmental atrocities. Please Login to... The post Other Stories of Interest: Wed, Apr 24, 2024 first appeared on Marcellus Drilling News ..read more

Here’s something we had not previously heard: Investors (at least some investors) have “mixed or negative sentiment towards EOG Resources, particularly concerning its activities in the Utica Shale.” Some investors, according to Investing.com, are unsure that EOG’s Utica operation will perform well for the company and may be a drag on the company. An analyst... The post Investors Not Convinced re EOG’s Utica Shale Drilling Program first appeared on Marcellus Drilling News ..read more

Encino Energy is one of the big success stories of drilling for oil in the Ohio Utica Shale. Roughly 5 ½ years ago, Encino Energy, in partnership with the Canada Pension Plan Investment Board (CPP Investments), closed on buying Chesapeake Energy’s Ohio Utica assets for $2 billion (see Encino Takes Over from Chesapeake in Ohio... The post Encino Gets $300M from Canada Pension Plan to Fund Utica Oil Dev first appeared on Marcellus Drilling News ..read more

West Virginia natural gas drillers are excited at the prospect of the soon-opening Mountain Valley Pipeline (MVP), which will carry WV gas 303 miles from Wetzel County, WV, to Pittsylvania County, VA. During a recent meeting of the West Virginia Legislature’s Joint Standing Committee on Energy and Manufacturing, the CFO of Pillar Energy said it’s... The post MVP Will Boost WV Gas Producers – Coming Online in “7 to 8 Weeks” first appeared on Marcellus Drilling News ..read more