Monday, June 18, 2018

Shale Gas News – June 16, 2018

desRosiers_headshot.jpg?resize=75%2C85Bill 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 the Guernsey Power Station, natural gas sellers, pipeline capacity and much more last week.

The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station! Gem 104 helps to solidify the Shale Gas News coverage in an important Marcellus region, PA’s northern tier. The Shale Gas News is now broadcasting in Bradford, Lackawanna, Lancaster, Lebanon, Luzerne, Lycoming, Pike, Sullivan, Susquehanna, Tioga and Wayne Counties, as well as in greater central PA. The Shale Gas News is aired on Saturday or Sunday depending on the station.

Every Saturday Rusty Fender and I host a morning radio show to discuss all things natural gas. This week, as guests, we had Michael Narcavage, Director of Government and Community Relations at Southwestern Energy and Wes Carnes President of WC Welding, Inc.

NGas-combined-cycle1-512x436.jpg

The Shale Gas News, typically, is broadcast live. On the June 16th show (click above), we covered the following new territory (see news excerpts below):

  • Country’s Biggest NatGas Power Plant Breaking Ground in OH Oct-Nov. In April 2016 MDN told you about the Guernsey Power Station–a new Utica/Marcellus natural gas-fired electric generating plant proposed for Guernsey County, OH (see New Utica-Powered Electric Plant Proposed for Guernsey County, OH). Apex Power Group at that time said they want to build a large 1,100 megawatt plant in Valley Township–producing enough electricity to power 1 million homes. Apex said construction is targeted to begin in 2018 and the plant will go online in 2020. At the end of December 2017, Apex and joint venture partner Caithness Energy filed a pre-application for the project–and the application showed they no longer want to build an 1,100 megawatt plant, but instead a whopping 1,650 megawatt plant.
  • MDN M-U Upstream Almanac 2018 – Who’s Drilling Where & How Much? MDN is very excited to announce the publication of the Marcellus & Utica Shale Upstream Almanac 2018. The Almanac is a deep dive into the numbers, designed to answer the questions: “Who’s drilling where and how much?” and, “What are the trends? Is drilling going up, down, or maintaining?” It has taken us nearly one year to research and produce this 397-page report. Using data from the Pennsylvania Dept. of Environmental Protection, Ohio Dept. of Natural Resources, and West Virginia Dept. of Environmental Protection, MDN has produced the only report of its kind.
  • Who *Sells* the Most NatGas in the U.S.? Who are the biggest natural gas sellers in the U.S.? You might be surprised to learn that the biggest sellers are not necessarily the biggest producers of natural gas. Oh, you might recognize some of the names of the top sellers (BP, Shell, ConocoPhillips). But others might be more of a mystery (Macquarie, Tenaska, Direct Energy). Would it surprise you to learn that BP (i.e. British Petroleum) is the #1 seller of natgas in the U.S., and has been for years? Last quarter BP sold 22.10 billion cubic feet per day of natural gas here in the colonies.
  • Platts: Marcellus/Utica has Too Much Pipeline Capacity. The LDC Gas Forum Northeast conference in Boston began yesterday and goes through tomorrow. One of the speakers yesterday was Luke Jackson, a Platts Analytics senior energy analyst. MDN editor Jim Willis heard Luke a couple of years ago at Platts’ Benposium event. Smart guy. Last year we posted analysis by Luke which said drillers will have to hurry up and drill more in order to fill up the pipelines that would soon be going online. Luke returned to his theme of “not enough gas to flow through all those new pipelines” in his talk yesterday at LDC Gas Forum. Luke said there’s a growing gap between how much is getting produced and the amount of pipeline space to cart it away. He said that gap may grow to be an excess capacity of 10 billion cubic feet per day (Bcf/d) by late 2019. Ouch! Let’s get drillin’!
  • Leach Xpress Pipeline Explodes in Marshall County, WV. his is not the kind of news we like to share–but it’s important. A newly installed pipeline–that went online in January–experienced an explosion and huge fireball, in Marshall County, WV. TransCanada’s Leach XPress project–some 160 miles of new natural gas pipeline and compression facilities in southeastern Ohio and West Virginia’s northern panhandle which flows 1.5 billion cubic feet (Bcf) of gas all the way to Leach, Kentucky (hence the name), went online January 1st. Leach XPress is part of the Columbia Gas Transmission system.

The Shale Gas News sponsored by Linde Corporation

The post Shale Gas News – June 16, 2018 appeared first on Natural Gas Now.

https://www.shaledirectories.com/blog/shale-gas-news-june-16-2018/

No comments:

Post a Comment