We’re trying not to sound too PO’d (personally offended) here, but once again, in what seems to be an every month or two occurrence, the Pennsylvania Dept. of Environmental Protection’s (DEP) online oil and gas permitting database is throwing an error. So, we are left with no permit numbers for PA for the week of…
Read More...New shale permits issued for Jun 26 – Jul 2 in the Marcellus/Utica saw a dramatic increase, thanks to a bump in Pennsylvania’s numbers. There were 39 new permits issued last week, way up from 11 issued the previous week. Last week’s permit tally included 30 new permits in Pennsylvania, 8 new permits in Ohio,…
Read More...New shale permits issued for Jun 12-18 in the Marcellus/Utica gained one. There were 21 new permits issued, up from 20 the previous week. Last week’s permit tally included 12 new permits in Pennsylvania, 6 new permits in Ohio, and 3 new permits in West Virginia. Snyder Brothers scored the most new permits, with 9…
Read More...For individuals, discretionary income is what’s left after you pay your taxes and fixed costs like housing, food, and clothing. For shale drillers, the equivalent to discretionary income is cash flow from operating activities (CFOA), which is the net income a company generates adjusted for non-cash expenses like depreciation and stock-based compensation, and for changes
Read More...New shale permits issued for May 29-Jun 4 in the Marcellus/Utica finally went higher again last week. There were 25 new permits issued, up from the dismal 8 new permits issued the previous week. Last week’s permit tally included 13 new permits for Pennsylvania, 6 new permits for Ohio, and 6 new permits in West
Read More...It’s possible to track which institutional investors (big investors like BlackRock) are buying or selling shares in various companies by… Continue reading The post Who Bought and Who Sold the Most Shares of M-U Drillers in 1Q23 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for May 8-14 in the Marcellus/Utica rose from the prior week. There were 26 new permits… Continue reading The post 26 New Shale Well Permits Issued for PA-OH-WV May 8-14 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Investors in shale oil and gas companies suffered for years with little or no returns for the money they invested…. Continue reading The post How Did M-U Gas Drillers Spend Their 2022 Record Haul of Cash? first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...We are currently in the latest quarterly update season. In fact, we are about done with quarterly updates for the… Continue reading The post M-U Drillers Predict NatGas Price Rebound in 2024, Supplies Decrease first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for Apr. 24-30 in the Marcellus/Utica fell from the prior week. There were 18 new permits… Continue reading The post 18 New Shale Well Permits Issued for PA-OH-WV Apr 24-30 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Yesterday Antero Resources, which is 100% focused on the Marcellus/Utica with over 500,000 net acres under lease (and the largest… Continue reading The post Antero 1Q – New World Record for Lateral Feet Drilled in 24 Hours first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Free cash flow (FCF) refers to a company’s available cash repaid to creditors and as dividends and interest to investors…. Continue reading The post $8 Billion in Free Cash Flow for Shale Gas Drillers “Off the Table” first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for Apr. 3-9 in the Marcellus/Utica dropped again from the prior week. There were 18 new… Continue reading The post 18 New Shale Well Permits Issued for PA-OH-WV Apr 3-9 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for Mar. 20-26 in the Marcellus/Utica dropped by two from the prior week. There were 32… Continue reading The post 32 New Shale Well Permits Issued for PA-OH-WV Mar 20-26 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for Feb. 20-26 in the Marcellus/Utica slide lower last week. There were 29 new permits issued… Continue reading The post 29 New Shale Well Permits Issued for PA-OH-WV Feb 20-26 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
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