External Affairs Coordinator, Cabot Oil & Gas
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM talked about earthquakes, natural gas opportunities, Cabot’s improved efficiency and much more last week.
The Shale Gas News is typically broadcast live and on our April 2nd show (click above), we covered the following new territory (see news excerpts below):
- Induced Earthquakes Raise Chances of Damaging Shaking in 2016. Chief of the USGS National Seismic Hazard Mapping Project. “much more of the nation faces a significant chance of having damaging earthquakes over the next year, whether natural or human-induced.”
- Go Big or Go Home: Cabot O&G Wells Average EUR of 27 Bcf. Cabot is expected to see an average EUR of 27 billion cubic feet. That’s enough natural gas that, if used to generate electricity, would power 656,000 homes for a whole year. From one well!
- Energy-hub supporters intensifying the push for a natural-gas pipeline. Moves are underway to encourage even greater state involvement in the project, including government financing of the pipeline.
- PA DEP Won’t Renew Permits that Allow Drill Cuttings to be Reused. Since 2011 Clean Earth has put more than 172,000 tons of drill cuttings on four brownfields around the state: NJ Zinc, Canal Road in Fairless Hills, the former Knight Celotex site in Sunbury, and Hazelton Creek Properties in Hazelton.
- Natural Gas Potential Opportunity Abounds For Marcellus/Utica. The local market is insufficient to absorb the incremental production. That means roughly 20 Bcf/d of new pipeline capacity will have to be built to connect Marcellus and Utica producing areas to markets outside the region, namely the Gulf Coast, South Atlantic and Midwest.
- FERC Denies NY Request to Stop Work on Pipeline Near Nuke Plant. FERC again cited a safety analysis by the plant’s owner Entergy and the Nuclear Regulatory Commission that concluded that the pipeline would not adversely affect Indian Point.
- Natural gas replacing Vermont Yankee’s energy. Vermont Yankee closed in 2014 with the understanding that renewable energy sources were going to take its place. According grid operator ISO New England, such has not been the case.