External Affairs Coordinator, Cabot Oil & Gas
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM talked about the Dimock verdict, a Duke Energy project, NE pipeline shortage and much more last week.
The Shale Gas News is typically broadcast live and our March 26th show (click above), we covered the following new territory (see news excerpts below):
- The Dimock Verdict: What the Media Got Wrong. Virtually every bit of reporting on the Dimock verdict missed the point and failed to call out why it was a decision totally contrary to the evidence presented.
- Southwestern’s Increased Debt Load Induced an 80% Capex Cut. In 2016, Southwestern Energy expects to reduce its capex by ~80%. SWN’s capex cut is massive compared to its other natural gas–heavy peers.
- Duke Energy signs deal to turn pig poop into electricity. On Monday it announced a new excrement-to-energy project that could provide power to about 10,000 homes a year.
- DEP to abandon controversial permits for recycling drilling waste. State environmental regulators say they won’t renew a set of controversial research and development permits that allows gas drilling waste to be reused on construction sites.
- FERC Approves Pipeline to Move More Marcellus/Utica Gas to Chicago. The expanded NGPL system, called the Chicago Market Expansion Project, will bring new Marcellus and Utica Shale gas, heading west on the reversed Rockies Express Pipeline.
- FERC Report: Northeast Pipeline Shortage Won’t Resolve Until 2019. FERC says by 2019 our gas should be hitting new markets with a resulting boost to the price.
- Natural gas power plant proposed for former Nemacolin Mine property. A New York company wants to build a 536-megawatt, natural gas-fired power plant on the property of the former Nemacolin mine in Cumberland Township. The plant, which will be developed by Hill Top Energy Center LLC of Huntington Bay, N.Y., will be constructed on property off Thomas Road that was the site of a proposed coal waste-fire power plant.