shale gas news
Bill desRosiers
External Affairs Coordinator, Cabot Oil & Gas
Host, Shale Gas News

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The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about U.S. crude oil, methane rule, Exxon Mobil and much more last week.

The Shale Gas News has grown again to the Williamsport area on stations WEJS 1600 AM & 104.1 FM. 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 and now the Williamsport area. The Shale Gas News is aired on Saturday or Sunday depending on the station.

Every Saturday Rusty Fender, Matt Henderson and I host a morning radio show to discuss all things shale gas. This week, as guests, we had David Callahan, President of the Marcellus Shale Coalition (MSC) and Brian Costanzo Vice President for College Advancement at Lackawanna Collage and the School of Petroleum & Natural Gas.

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

• Largest US crude oil export hub sold to Enbridge as part of $3bn deal. Enbridge, the Canadian pipeline company, is betting on sustained strength in US energy production with a $3bn purchase of assets including a crude oil export terminal in Texas that is North America’s largest by volume. The company will acquire the Ingleside Energy Center near the Port of Corpus Christi and stakes in several pipelines leading from inland oilfields to the Gulf of Mexico coast, as part of an all-cash deal for assets owned by private-equity backed Moda Midstream.
• Methane rule to eclipse past regulations, including Obama’s. EPA plans to propose the nation’s strongest rules against methane emissions this month, escalating the Biden administration’s use of regulatory tools to reduce greenhouse gases from fossil fuel companies.  EPA Administrator Michael Regan confirmed last week that his agency will meet President Biden’s September deadline to propose methane regulations for the oil and gas sector, as laid out in one of the president’s first executive orders.
• Exxon to begin certifying some shale gas emissions amid investor pressure. HOUSTON, Sept 7 (Reuters) – Exxon Mobil Corp (XOM.N) on Tuesday said it will begin measuring methane emissions from production of natural gas at a New Mexico facility, joining a number of shale gas producers seeking to provide the data to buyers.
• Merger Mania Is Back In North America’s Oil Patch. The oil and gas industry is back in consolidation mode after a low point in the spring of 2020 during the worst of the oil price and demand collapse. The pace of upstream mergers and acquisitions is back to pre-crisis levels. And it is North America that leads the consolidation drive as shale firms look to lower costs, use synergies, boost cash flows, and give more money back to shareholders.
• EPA Considering Updates To Waste-To-Energy Regs. The U.S. Environmental Protection Agency took steps Tuesday toward changing its regulation of a renewable energy process known as gasification, which produces energy or other products from waste.
• M-U Will Run Out of Extra NatGas Pipeline Capacity in Next 2 Yrs. We hate to keep harping on this, but we keep reading stories about a developing issue here in the Marcellus/Utica. That issue is the lack of pipeline capacity to flow an increase in gas production from the northeast to other locations. The experts at RBN Energy predict that within the next two years M-U producers will “hit the capacity wall” and run out of extra pipeline capacity for an ever-increasing amount of natural gas production. When will the Northeast run out of “exit capacity” and how bad could constraints get?
• Antis Near Pittsburgh Demand Hearing on Plan to Drill 2 Wells. A profoundly biased and inaccurate article published by Environmental Health News attempts to paint two proposed shale gas wells as an environmental disaster and existential health threat akin to a nuclear meltdown. The article is so over the top it’s laughable–but instructive nonetheless. Apex Energy has proposed drilling two wells on a pad in a rural part of Trafford, PA township, straddling Allegheny and Westmoreland counties.

The Shale Gas News sponsored by Linde Corporation