For the week of Dec 2 – 8, permits issued in the Marcellus/Utica bounced back nicely. There were 28 new permits issued last week, more than doubling the 12 issued the week before (and matching the 28 issued three weeks ago). The Keystone State (PA) issued 18 new permits, with eight going to EQT spread…
Read More...The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling. Yesterday, the SRBC board approved 14 new (or renewed) water withdrawal requests within the basin,…
Read More...According to an extensive report appearing on the World Oil website (and in the November issue of the magazine), multiple possible futures lie ahead for the Marcellus and Utica shales. So, which future will come to pass? Today, both industry and government see the Marcellus and Utica formations as tremendous opportunities for companies and state…
Read More...The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling. The Pennsylvania Bulletin from this past Saturday (Nov. 23) carried an official notice from the…
Read More...For the week of Nov 11 – 17, permits issued in the Marcellus/Utica were strong, with 30 new permits issued, down just slightly from the 34 issued the prior week (but way up from the piddly numbers issued in prior weeks). The Keystone State (PA) issued 16 new permits, with seven going to Range Resources,…
Read More...For the week of Nov 4 – 10, permits issued in the Marcellus/Utica came roaring back with a total of 34 permits issued (up from 13 issued the prior week). There were some VERY interesting things to note about some of the permits issued. The Keystone State (PA) issued 16 new permits, with five going…
Read More...Epsilon Energy issued its third quarter 2024 update last week. Epsilon, a relatively small company, used to concentrate most of its effort on developing Marcellus Shale wells. However, over the past few years, the company has expanded into other plays and now owns assets in the Anadarko (Oklahoma and Texas), the Permian (Texas and New…
Read More...For the week of Oct 21 – 27, there were 17 permits issued to drill Marcellus/Utica wells, up from 14 permits issued the prior week. The Keystone State (PA) had 12 new permits, with five going to Chesapeake Energy (now Expand Energy) in Wyoming County and two each for PennEnergy Resources (Beaver County) and Coterra…
Read More...The country’s new #1 natural gas producer, Expand Energy (formed from the merger of Chesapeake Energy and Southwestern Energy), disclosed its third quarter update yesterday. While Expand has major operations in the Marcellus/Utica, it also has major operations in Haynesville. Right now, the company is giving double the love to the Haynesville as it is…
Read More...In September, the Executive Director of the Susquehanna River Basin Commission (SRBC) renewed 20 water-use permits for individual shale gas well drilling pads in Bradford, Clearfield, Lycoming, Sullivan, and Susquehanna counties. We’re just learning of the action via an official notice published in the Oct. 26 edition of the Pennsylvania Bulletin. The approvals, which are…
Read More...Ten permits were issued to drill new shale wells in Marcellus/Utica for the week of Oct. 7 – 13, half the number issued the prior week (see 20 New Shale Well Permits Issued for PA-OH-WV Sep 30 – Oct 6). The Keystone State (PA) had just six new permits, with three going to Range Resources…
Read More...There is no excerpt because this is a protected post. The post Highlights from 2024 Shale Insight Event Held in Erie, PA first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...There were 28 permits issued to drill new shale wells in Marcellus/Utica for the week of Sept. 23 – 29, down slightly from the 32 issued the prior week. The Keystone State (PA) had 15 new permits, with seven of them going to Range Resources, most of them in Washington County. Three permits were issued…
Read More...Move over EQT Corporation, there’s a new number one natural gas producer in the U.S. Yesterday, Chesapeake Energy announced that its buyout of and merger with Southwestern Energy in a $7.4 billion deal was completed. The newly merged company was renamed Expand Energy Corporation and will begin trading on the NASDAQ stock market today under…
Read More...It’s the end of an era. Chesapeake Energy was founded in 1989 by Aubrey McClendon and Tom L. Ward with an initial investment of $50,000. The flamboyant McClendon, who became the CEO, named the company after the Chesapeake Bay due to his love of the region. He rapidly grew his company, headquarter in Oklahoma City,…
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