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Marcellus Shale Update

Week of August 10, 2018

 

Each week the Pennsylvania Farm Bureau Compiles articles related to Marcellus Shale gas exploration and development for educational purposes and the benefit of interested groups and individuals.

 

Opinions and issues in the articles and news releases on this site do not necessarily reflect or represent policy positions of the PA Farm Bureau. For policy positions, please refer to the policy book links on our website.

 

Marcellus Shale Update is posted and archived on the PA Farm Bureau Website (http://www.pfb.com/ ) in the Members Only section.

 

 

Seminars Education and Events

To view the Penn State Extension seminar and Webinar schedule, use the link below. (Extension also has a selection of past Webinars.) If you are not registered with Extension for Webinars, follow the easy steps when you open the link to gain access: http://extension.psu.edu/naturalgas

 

Shale Law Weekly Review
Published every Monday, the Penn State Shale Law Blog presents the Shale Law Weekly Review which provides an update of recent, local, state, national, and international legal developments relevant to shale gas.

 

Penn State Shale Law Blog

http://www.pennstateshalelaw.com/

 

 

Top Picks - Articles of the Week

Bottlenecks, soaring production weigh on Texas gas prices

Natural gas prices at the Permian Basin's Waha hub averaged $2.31 per million British thermal units to date this year, which could result in the lowest annual average in 19 years. Permian gas output climbed from 3.1 billion cubic feet per day in 2011 to 6.6 billion cubic feet per day in the first quarter of 2018, straining existing pipeline capacity and forcing producers to increase gas flaring and underground reinjections.

 

How one gas company can leave a mark on Pennsylvania

www.post-gazette.com/.../companies/...Pennsylvania...well-drilling-plugging.../20180...

1 day ago - Another way of saying that is the Alabama-based company might have the most responsibility for plugging wells across Appalachia. That's not ...

 

Federal ruling reopens door for controversial gas pipeline through WNY

Buffalo News

A new federal ruling has opened the door for National Fuel to revive a plan to build a 97-mile natural gas pipeline between northwestern Pennsylvania ...

 

~ Regulatory ~

 

PA DEP

DEP Assesses $148,000 Penalty Against Sunoco for Mariner East 2 Violations in Berks, Chester and Lebanon Counties

http://www.ahs.dep.pa.gov/NewsRoomPublic/NewsReleases.aspx?id=21523&typeid=1

DEP fines pipeline builder for impacting Lebanon County well

Lebanon Daily News

DEP fines pipeline builder for impacting Lebanon County well .... gas liquids pipeline, which will transport natural gas liquids from Marcellus Shale-rich ...

 

~~State Related Items~~

Pennsylvania

Pipeline builders deal with fallout from flood

Republican & Herald

The 183-mile project is an expansion of the existing Transco natural gas pipeline that will connect the Marcellus gas supplies with markets in the ...

 

'Period of cautious optimism'

Oil City Derrick

The drilling rig count currently aimed at the Marcellus play is in the ... Since its inception nearly a decade ago, the impact fee has "raised $1.46 billion" ...

 

New Jersey

Another Natural-Gas Power Plant in the Pipeline for New Jersey

NJ Spotlight

The project is the latest seeking to cash in on the cheap natural gas provided by plentiful supplies that have been exploited in the Marcellus Shale ...

 

Ohio

Report: Ohio Consumers Saved More Than $40 Billion over 10 Years from Lower Natural Gas Prices

EnerCom Inc. (press release) (blog)

Thanks to increased production and new technologies, which have decreased the price of natural gas, Ohio energy consumers saved more than ...

 

~~------------~~

 

Courts

Pennsylvania Supreme Court Continues Rulings Against Municipal Zoning Authority

Lexology

... Court vacated another municipal zoning decision favorable to oil and gas ... the Environmental Rights Amendment to the Pennsylvania Constitution.

 

Pipelines

Federal ruling reopens door for controversial gas pipeline through WNY

Buffalo News

FERC initially approved the pipeline in early 2017 on the condition that its water quality certificate would be approved by the DEC. It ruled Monday that ...

 

Delay Puts $3.7 Billion Shale Gas Pipeline at Risk of Overhaul

Hellenic Shipping News Worldwide

A $3.7 billion pipeline in America's biggest shale gas play could be ... which would carry natural gas from the Marcellus basin to southern markets.

 

LNG/CNG

China's first major private import terminal receives LNG cargo

LNG Industry

According to the latest Reuters report, a LNG cargo has been delivered to Chinese gas distributor ENN for the country's first privately-owned major ...

 

Korean Shipbuilders Sweep Orders for Large LNG Tankers

Hellenic Shipping News Worldwide

The three major Korean shipbuilders swept all of the orders for 30 units. LNG tankers are the ... The technology returns liquefied gas to a storage tank.

 

Industry

Encino Acquisition Partners agrees to acquire all of Chesapeake's Ohio Utica Shale oil and gas ...

SalemNews.net

... Chesapeake Energy's Utica Shale oil and gas assets in Ohio for $2 billion. ... and one at the Johnston pad off Pine Hollow Road in Elkrun Township.

 

Haynesville Natural Gas Production Reaches Five-year High

COMPRESSORtech2

In comparison, the depth of the Marcellus shale ranges between 4000 and 8500 ft. This depth makes drilling costs in the Haynesville shale generally ...

 

EIA: US Oil Production Growth Is Slowing

OilPrice.com

Recent movements in the rig count lend a little more weight to this notion. While the number of rigs bounces around from week to week, the overall ...

 

Markets

Monthly price for natural gas goes down

Akron Beacon Journal

Dominion Energy Ohio's monthly natural gas price for residential customers who ... That's 18 cents or 5.8 percent lower than the July rate of $3.07/mcf.

 

~Policy and Political~

National

Despite 'Trade War,' US Natural Gas Exports Booming To Record Highs

Forbes

China has accounted for about 13-15% of the exports from our flagship LNG terminal, Cheniere Energy's Sabine Pass in Louisiana, since operations ...

 

International News

Iran Sanctions Waiver for Azerbaijan Gas Pipeline

Financial Tribune

Iran Sanctions Waiver for Azerbaijan Gas Pipeline ... products obtained from the processing of: crude oil (including lease condensate), natural gas, ...