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 19-25 in the Marcellus/Utica took another nosedive. There were 11 new permits issued last week, down from 21 the previous week. There’s just no denying that the trend in permits is generally down. Last week’s permit tally included 6 new permits in Pennsylvania, 2 new permits in Ohio (both…
Read More...In 2021, U.S. District Judge Lee H. Rosenthal, Chief Judge for the Southern District of Texas, approved deals for Chesapeake Energy to pay $6.25 million to class members of the three royalty lawsuits brought by Pennsylvania landowners (roughly 15,000 class members) and another $2.9 million to the lawyers involved (see Texas Judge OKs Chesapeake Royalty…
Read More...Earlier this week, the J.P. Morgan Energy, Power and Renewables Conference was held in New York City. The event featured a number of oil and gas luminaries. Among the speakers was Nick Dell’Osso, CEO of Chesapeake Energy. Chessy is a major driller in the northeastern Pennsylvania Marcellus region, along with a substantial presence in the…
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 Jun 5-11 in the Marcellus/Utica last week dipped a bit from the previous week. There were 20 new permits issued, down from 25 issued the previous week. Last week’s permit tally included 6 new permits for Pennsylvania, 8 new permits for Ohio, and 6 new permits in West Virginia. Ascent
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...The weather has been fantastic for those of us living in the northeastern U.S. over the past few weeks. Clear… Continue reading The post SRBC Water Withdrawal Restrictions Hit 42 PA Oil & Gas Operators first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for May 15-21 in the Marcellus/Utica took a substantial hit. There were only 12 new permits… Continue reading The post 12 New Shale Well Permits Issued for PA-OH-WV May 15-21 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for May 1-7 in the Marcellus/Utica rose slightly from the prior week. There were 20 new… Continue reading The post 20 New Shale Well Permits Issued for PA-OH-WV May 1-7 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...thshale gas news Bill desRosiers External Affairs Coordinator, Coterra Energy Host, Shale Gas News … … 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 EQT, Free Cash Flow, CoBank and much more last week. The Shale Gas News has
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.
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