Shale Gas News – July 21, 2018

Bill 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 U.S. oil production, New York farms, a new LNG plant 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 Wes Carnes, CEO/Owner at WC Welding Services and Bob Legg, Mayor of Old Forge.

The Shale Gas News, typically, is broadcast live. On the July 21st show (click above), we covered the following new territory (see news excerpts below):

• Shale Sends U.S. Oil Production Past 11 Million Barrel Per Day Threshold for First Time. The shale revolution has yielded yet another once unimaginable energy achievement. New U.S. Energy Information Administration (EIA) data show weekly U.S. oil production reached the 11 million barrels per day (b/d) for the first time ever last week. The driving force behind such an unprecedented record? Hydraulic fracturing and horizontal drilling, plain and simple. Thanks to continuously evolving technologies, the U.S. shale revolution that took flight in 2008 has transformed the energy market and, as a result, oil production has literally doubled since 2010.
• Losing Streak Emerges As NYC, Hired Guns Defeated In Climate Change Case By Big Oil. Federal judges continue to reject the efforts of private lawyers who hold a financial stake in lawsuits brought by government officials against the oil industry over the alleged effects of climate change. On Thursday, a New York federal judge dismissed the lawsuit brought by New York City and attorneys at Hagens Berman working on a contingency fee against five of the biggest oil companies in the world, finding that the issue has already been decided by the U.S. Supreme Court.
• All natural? These fracking byproducts could fight water scarcity. Between 6 and 18 million gallons of freshwater hover above every square mile of land, not counting droplets trapped in clouds. Scientists realized this centuries ago but they never have quite figured out how to bring the water down to earth. The effort required to condense it would consume such vast quantities of energy that it always has appeared to make any effort to capture and use this water uneconomical. But while studying this topic, two of my University of Texas at Austin colleagues and I came up with a concept that might just work: that of using the natural gas that is otherwise flared from oilfields to harvest atmospheric moisture.
• Texas Now Earth’s Third Most Prolific Oil Producer, Behind Only Russia and Saudi Arabia. The state of Texas has now truly become a global oil superpower. As CNN Money reports, the Lone Star State has now passed Iran and Iraq to become the third largest producer of crude on the planet. Only Russia and Saudi Arabia now produce more oil than the state of Texas. The explosion in Texas energy came after drilling prices plunged, which led to a modern-day black-gold rush in the Permian Basin
• In N.Y., farmers think about what might have been. SPENCER, N.Y. — When Kevin “Cub” Frisbie wants to see what shale can do for a place, all he has to do is get in his pickup and drive 15 miles south to Bradford County, Pa. There, the pavement on the road smooths out. There are new hotels and a new Dunkin’ Donuts. In front of the family farms, Frisbie, a farmer himself, will notice the new silos and equipment. “All this, there’s just nothing but commerce going on, commerce going on,” he said. Crossing back into Tioga County, N.Y., Frisbie will pass the retired feed mill and the shuttered storefronts of Broad Street. He’ll pass farms that he knows are right on the edge of survival.
• Duke Energy Plans 1 Bcf LNG Plant in NC Fed by Marc/Utica Gas. Some exciting news from Piedmont Natural Gas, a wholly-owned subsidiary of Duke Energy. The company recently announced it plans to spend $250 million to build a 1 billion cubic feet LNG storage facility in southern North Carolina, in Robeson County. Gas is liquefied and stored as backup for residential customers to use during periods of high demand–mainly wintertime. And guess which pipeline (now under construction) will terminate right there, in Robeson County? That’s right, the Atlantic Coast Pipeline–a joint venture between Dominion Energy and Duke Energy.
• Fracking Acid Leaks from Truck in Ohio, Forces Brief Evacuation.  A spill of hydrochloric acid on Monday in Weathersfield (Trumbull County), Ohio caused a brief evacuation of three hours for 23 homes and several businesses in the area. Nobody was hurt. The acid was stored in a tanker truck. The trucking company, Predator Trucking, is headquartered in Texas but maintains a regional operation in Weathersfield. Predator is a shale subcontractor hauling various liquids, including hydrochloric acid, used in fracking. The truck in question has two chambers that hold 2,500 gallons each. A valve became corroded on one of the chambers and while the truck was parked at the company’s facility, all 2,500 gallons leaked out. It created a vapor cloud and the concern was that it may shift, hence the evacuations, out of “an abundance of caution.”

The Shale Gas News sponsored by Linde Corporation

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