Chesapeake Energy Update: Cutting Rig Count & Production in 2023

Chesapeake Energy issued its quarterly and 2022 annual update yesterday. The company drills primarily for natural gas in both the… Continue reading The post Chesapeake Energy Update: Cutting Rig Count & Production in 2023 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Encino Energy Utica Update: 900K+ Acres, Drilling Under Tappan Lake

Yesterday morning Harrison County, OH, commissioners got a face-to-face update from Encino Energy’s director of external affairs, Jackie Stewart. You… Continue reading The post Encino Energy Utica Update: 900K+ Acres, Drilling Under Tappan Lake first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Grant Twp Charter Banning Injection Wells Heads to PA Supreme Court

Since 2015 we’ve reported on the case of Grant Township (Indiana County, PA), a town that passed an ordinance cooked… Continue reading The post Grant Twp Charter Banning Injection Wells Heads to PA Supreme Court first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EQT Donates Production Equipment to Ukraine’s Largest Gas Producer

Yesterday EQT announced it had donated oil and gas production equipment to JSC Ukrgasvydobuvannya, Ukraine’s largest natural gas producer. The… Continue reading The post EQT Donates Production Equipment to Ukraine’s Largest Gas Producer first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Chesapeake Energy Sells 2nd Tranche of Eagle Ford Assets for $1.4B

Chesapeake Energy has cut a deal to sell a second portion of its remaining Eagle Ford assets to U.K. chemical… Continue reading The post Chesapeake Energy Sells 2nd Tranche of Eagle Ford Assets for $1.4B first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Antero Says it Navigates Low Gas Prices Better than Competitors

Last week Antero Resources, which is 100% focused on the Marcellus/Utica with over 500,000 net acres under lease (and the… Continue reading The post Antero Says it Navigates Low Gas Prices Better than Competitors first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Repsol Anticipates FID for Phase 3 of Marcellus Expansion in 2023

Spanish-owed Repsol owns 214,000 net acres of leases in the Marcellus Shale, primarily located in northeastern Pennsylvania in Bradford, Susquehanna,… Continue reading The post Repsol Anticipates FID for Phase 3 of Marcellus Expansion in 2023 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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PA DEP Hits Shell Cracker with Emissions NOV, Antis Seek Shutdown

The Pennsylvania Dept. of Environmental Protection (DEP) issued a Notice of Violation (NOV) early last week to the Shell ethane… Continue reading The post PA DEP Hits Shell Cracker with Emissions NOV, Antis Seek Shutdown first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EQT Update: Revenue & Production Down in 4Q, but Up for Full Year

EQT Corporation, the largest natural gas producer in the U.S. (completely focused on the Marcellus/Utica), issued its fourth quarter and… Continue reading The post EQT Update: Revenue & Production Down in 4Q, but Up for Full Year first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Banpu Boosting US Shale Gas Investments in Preparation for BKV IPO

Banpu is Thailand’s largest coal mining company. However, it is looking to reduce the amount of revenue it derives from… Continue reading The post Banpu Boosting US Shale Gas Investments in Preparation for BKV IPO first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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40 New Shale Well Permits Issued for PA-OH-WV Feb 6-12

New shale permits issued for Feb. 5-12 in the Marcellus/Utica increased nicely last week. There were 40 new permits issued… Continue reading The post 40 New Shale Well Permits Issued for PA-OH-WV Feb 6-12 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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CNX Update: Production Slipped in 2022, Better Days Ahead in 2023

And so begins the quarterly earnings report season. Yesterday CNX Resources issued its fourth quarter and full-year 2022 update. The… Continue reading The post CNX Update: Production Slipped in 2022, Better Days Ahead in 2023 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Ohio Court of Appeals Upholds Depth Severance Clause in Shale Lease

The Ohio Court of Appeals recently issued a decision in a case involving lease language about a “depth severance clause”… Continue reading The post Ohio Court of Appeals Upholds Depth Severance Clause in Shale Lease first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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14 New Shale Well Permits Issued for PA-OH-WV Jan 16-22

New shale permits issued for Jan. 16-22 in the Marcellus/Utica included only 7 new permits in Pennsylvania, 5 new permits… Continue reading The post 14 New Shale Well Permits Issued for PA-OH-WV Jan 16-22 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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