At the Well Weekly (v.3.15.2019)


Oil + Gas Update - Commonwealth Court Holds that Oil + Gas Lease Transactions are Subject to State's Consumer Protection Law.


Natural gas prices dropped again since our last report alongside an uptick in oil prices and a somewhat steady rig count. In pipeline news, the Pennsylvania Attorney General empaneled a grand jury to investigate Mariner East construction activities while landowners asked SCOTUS to weigh in on decisions confirming Atlantic Sunrise's condemnation authority. In Appalachia court news, the Commonwealth Court held that oil and gas lease transactions are subject to challenge under the state's consumer protection law. In other regions, a court of appeals in Texas addressed obligations of working-interest co-tenants.


Here's your week in review...


Rig Counts, Spot Prices + Oil Prices


  • Rigs: National (-1026); Marcellus (65); Utica/Point Pleasant (14)


  • Brent Crude: +$67.00/bbl


  • West Texas Intermediate: +$57.36/bbl


  • NYMEX: April 2019 Contract @ -$2.82/MMBtu.


  • Spot Prices: Henry Hub (-$2.81/MMBtu); Dominion South (-$2.48/MMBtu); Tenn. Zone 4 (-$2.40/MMBtu)


("+" or "-" or blank denotes increase, decrease, or flat. )



WOPL - Appalachia


In our new section, WOPL ("waiting on pipelines"), we provide the latest news on the status of various pipeline projects in Appalachia:


  • Adelphia Project (Greater Philadelphia Region): Nothing new to report.


  • Atlantic Coast (W. Va. to Va. and NC): Nothing new to report.


  • Atlantic Sunrise (Northeastern PA to SE Pennsylvania): Pennsylvania landowners have asked the U.S. Supreme Court to hear challenges to federal court decisions that landowners say improperly allowed Atlantic Sunrise to access property without first arranging for just compensation.


  • Constitution (Northeastern PA to NY): Nothing new to report.


  • Empire Pipeline (NY to PA): FERC approved Empire’s project to expand capacity and build new facilities.


  • Leidy South - Benton Loop Expansion (PA): Nothing new to report.


  • Mariner East (Western PA to Eastern PA): The Pennsylvania Attorney General confirmed that it has opened an investigation into Mariner East construction activities, following the Chester County D.A.’s decision to do the same.


  • Mountaineer XPress (WV): Nothing new to report.


  • Mountain Valley Pipeline (Northern WV to Southern Va. and NC): Roanoke County is accepting $500,000 in mitigation money from the Mountain Valley Pipeline to compensate for the project’s impact on historically significant areas around Bent Mountain.


  • NEXUS (Ohio to Michigan): Nothing new to report.


  • NFG FM100 Project (NC PA to Transco): Nothing new to report.


  • Northern Access (NW PA to Western NY): Nothing new to report.


  • PennEast (PA to Central Jersey): PennEast responded to the Attorney General’s claim that the Third Circuit should stay the pending appeal over the pipeline company’s authority to condemn state property, arguing that the state’s protected land won’t be harmed by the company’s condemnation of state-owned property along the pipeline route.


  • Regional Energy Access (NE PA to PA/NJ): Nothing new to report.


  • Rover (OH, WV, PA to Michigan): A local judge concluded that Ohio's environmental agency waited too long to challenge Clean Water Act permits for the pipeline (see below for more details).


  • TransCanada Eastern Panhandle Project (PA to WV): Nothing new to report.

Headlines & Ho