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Shale Gas News – November 11, 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 CNG, the Atlantic Sunrise, Chesapeake production 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 we replayed an interview with Scott Bush, VP, Industrial & Facilities Business Unit Leader at Borton-Lawson from this past January, and an interview with Representative Stephen Bloom of the 199th District from this past February.

Shale Gas News

The Shale Gas News, typically, is broadcast live. On the November 11th show (click above), we covered the following new territory (see news excerpts below):

  • Department of Energy should abandon the subsidy plan. Energy Secretary Rick Perry claims his plan to further subsidize the failing coal and nuclear power industries is crucial to improving the electrical power grid. The grid itself disagrees. PJM Interconnection, which operates the massive power grid covering 13 states including Pennsylvania, and the District of Columbia, has told the Department of Energy that the subsidy plan is “unworkable.”
  • Waste Management switching to natural gas. WILKES-BARRE — Joe Bauman of UGI Utilities is seeing an uptick in businesses using compressed natural gas vehicles.  One of the companies is Waste Management in Dunmore, which has been converting its fleet to yield a number of benefits. Benefits range from lowering the carbon footprint to reducing fuel costs, fleet director Jude Kellett said. The cost of natural gas is about 80 cents cheaper than diesel per gallon, he said.
  • Sierra Club Pipeline Lawsuit Throws 2,500 in PA Out of Work.  Just before the holidays, thousands of workers who were working on the Atlantic Sunrise Pipeline project have been escorted to the unemployment office–courtesy the odious Sierra Club. Yesterday we brought you the sad news that the Sierra Club’s lawsuit has stopped work on the $3 billion pipeline project. Companies building closely-vetted and highly regulated projects like Atlantic Sunrise project are jobs creators. The Sierra Club is a jobs destroyer.
  • Chesapeake Energy 3Q17: “Pleased” Production Declined, Loses $41M. Yesterday the 800-pound gorilla in the natural gas space, Chesapeake Energy, issued its third quarter 2017 update. One of the highlights during the analyst phone call was CEO Doug Lawler’s bragging about the “world class” Marcellus Shale. During 3Q17 Chessy drilled and put online two Upper Marcellus wells in Susquehanna County, PA that turned in peak initial flow rates of 29.6 and 29.8 million cubic feet per day (Mmcf/d) of natural gas, which is 50% higher than previous Upper Marcellus wells drilled by Chessy.
  • Driller of 1st Illinois Shale Well Says No Thanks, Too Many Regs. In June, MDN brought you the news that the very first application to drill a shale well in Illinois had been made. Woolsey Operating Co., headquartered in Kansas, filed a high volume horizontal hydraulic fracturing (HVHHF) application with the Illinois Dept. of Natural Resources (IDNR) to drill a well in the New Albany Shale layer in the state. On August 31st the IDNR issued the permit.
  • DC Court Forces “Emergency Stop” of Atlantic Sunrise Pipeline Work. The arrogance of Big Green was on full display yesterday as they rushed to stop the Atlantic Sunrise Pipeline project project and silence lawfully permitted work. In response to a lawsuit filed by the worst of the worst (the Sierra Club) on Oct. 30th, a liberal court in the District of Columbia yesterday slapped the Atlantic Sunrise project with an emergency stop work order–for the entire project. Work had already begun to lay pipe on the property of Catholic nuns in Lancaster County, PA.
  • PA Landowners “Furious” Over Royalties, Backdoor Lease Changes. An off-hand comment by a Pennsylvania Gov. Wolf staffer has landowners in northeast PA hopping mad–and with good reason. Speaking on the topic of PA landowners getting screwed out of royalty payments by drillers deducting inflated post-production costs, Wolf deputy policy director Sam Robinson said this: “I think there was a crescendo of that kind of claim in 2015 to 2016…There’s been real movement in a positive direction on that issue.” Really?

The Shale Gas News sponsored by Linde Corporation

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