Energy Companies

Chesapeake CEO Says Lots of Interest in Buying Its Eagle Ford Assets

In April 2021, MDN brought you the news that Chesapeake Energy, after buying Eagle Ford oil assets in 2018 for… Continue reading The post Chesapeake CEO Says Lots of Interest in Buying Its Eagle Ford Assets 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 Aug 29-Sep 4

Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 40 new drilling… Continue reading The post 40 New Shale Well Permits Issued for PA-OH-WV Aug 29-Sep 4 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EQT CEO Toby Rice Pulls Back the Curtain on Tug Hill $5.2B Deal

Yesterday MDN brought you the news that EQT Corporation is buying the West Virginia assets of Tug Hill Operating–the company’s… Continue reading The post EQT CEO Toby Rice Pulls Back the Curtain on Tug Hill $5.2B Deal first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Repsol Sells 25% of Upstream O&G Unit to EIG for $4.8 Billion

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 Sells 25% of Upstream O&G Unit to EIG for $4.8 Billion first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion

The rumors were right. Yesterday we brought you the news (rumors), as reported by both Reuters and Bloomberg, that EQT… Continue reading The post Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EQT Close to Buying Tug Hill’s THQ Appalachia for $4+ Billion

In June, MDN brought you the news that Tug Hill was shopping its THQ Appalachia division (Tug Hill’s West Virginia… Continue reading The post EQT Close to Buying Tug Hill’s THQ Appalachia for $4+ Billion first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Seneca Resources to Debut NexTier e-Fracking in PA Marcellus/Utica

In July 2021, Seneca Resources, the drilling arm of utility giant National Fuel Gas Company, conducted its first experiment with… Continue reading The post Seneca Resources to Debut NexTier e-Fracking in PA Marcellus/Utica first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Shell PA Cracker Neighbors Ask About Orange Glow and White Foam

The mighty Shell ethane cracker complex in Monaca (Beaver County), PA, is due to come online any day now. In… Continue reading The post Shell PA Cracker Neighbors Ask About Orange Glow and White Foam first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Epsilon Energy Issues Dividend; New PA Well Comes Online

Epsilon Energy, one of the smaller Marcellus drillers that we track, issued an update this week to say the company… Continue reading The post Epsilon Energy Issues Dividend; New PA Well Comes Online first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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19 New Shale Well Permits Issued for PA-OH-WV Aug 22-28

Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 19 new drilling… Continue reading The post 19 New Shale Well Permits Issued for PA-OH-WV Aug 22-28 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Southwestern Loses Court Case to Drill & Frack in Weirton, WV

In September 2021, the Weirton (WV) Zoning Board of Appeals rejected a request by Southwestern Energy to build a well… Continue reading The post Southwestern Loses Court Case to Drill & Frack in Weirton, WV first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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How Did M-U Drillers Spend All Their Extra Cash in 2Q22?

Drillers (exploration and production companies, or E&Ps) were thrilled with record-high earnings and cash flow in the second quarter of… Continue reading The post How Did M-U Drillers Spend All Their Extra Cash in 2Q22? first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Antero Prevails Against Corrupt Employee, Wins $12.9M at Trial

Antero Resources is one of the largest drillers in the Marcellus/Utica (with major assets in West Virginia). The company is… Continue reading The post Antero Prevails Against Corrupt Employee, Wins $12.9M at Trial first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Low-Level Judge Upholds West Deer Twp Denial of Olympus Well Pad

Olympus Energy (formerly Huntley & Huntley) drills in the Greater Pittsburgh region, in Allegheny and Westmoreland counties. Last year Olympus… Continue reading The post Low-Level Judge Upholds West Deer Twp Denial of Olympus Well Pad first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Texas, New Mexico, Okla. Travel to PA Marcellus to Get Educated

This is quite a turnabout. George Mitchell pioneered how to combine horizontal drilling with hydraulic fracturing in the Texas Barnett… Continue reading The post Texas, New Mexico, Okla. Travel to PA Marcellus to Get Educated first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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