Jay-Bee Paying $42M to Settle WV Post-Production Deduction Lawsuit

Here’s a lawsuit that flew under our radar — until now. Several landowners in West Virginia sued Jay-Bee Oil & Gas, alleging “improper royalty deductions” were made from royalty checks for post-production work from 2010 to 2023. The landowners (their lawyers) convinced a court to turn the lawsuit into a class action. Jay-Bee denies the…

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Range Water Line Burst and Sent a PIG Flying Through the Air

We bet you never thought that old idiom about pigs flying was true. In this case, it is! Range Resources operates a temporary above-ground water pipeline in Mount Pleasant Township (Washington County), PA. The pipeline (essentially a giant water hose) flows Ohio River water to Range’s fracking sites. Range sent a PIG (pipeline inspection gauge)…

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WV Judge Blocks Class Action in Diversified Old Wells Lawsuit

MDN has an exclusive update on a lawsuit by several West Virginia surface landowners who are suing Diversified Energy over Diversified’s failure to plug their unproducing conventional wells. At the prompting of the Sierra Club, the landowners attempted to turn the lawsuit into a class action. Yesterday, a federal judge for the U.S. District Court…

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Exxon Global Outlook: 2050 Oil Demand Will Match Today’s 100+ MMBpd

ExxonMobil published its annual “The Global Outlook” yesterday, the company’s latest view of energy demand and supply through 2050. The document forms the basis for Exxon’s business planning and is “underpinned by a deep understanding of long-term market fundamentals.” Exxon is making short-term decisions based on this long-term document. And what does this document say?…

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Jay-Bee Active Well Pad Fire in Tyler County, WV – No Injuries

Tyler County, WV Local media reports a fire at a Jay-Bee Oil & Gas well pad near Big Run in Tyler County, WV, which began last night around 5 p.m. and is still ongoing this morning. There were no injuries. Two different news agencies report that every fire department in the county, plus some from…

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16 New Shale Well Permits Issued for PA-OH-WV Aug 12 – 18

This week’s permit report is a bit different. Technically, for the week of August 12 – 18, a total of seven new permits were issued across the Marcellus/Utica. However, last week’s permit report omitted West Virginia numbers because the state’s online data service was out of order (see 26 New Shale Well Permits Issued for…

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After Doc Review, Customers Asks FERC to Deny CP LNG Extra Time

Venture Global’s Calcasieu Pass LNG export facility received Federal Energy Regulatory Commission (FERC) authorization to place the final three liquefaction blocks (7-9) into service in November 2023 (see Venture Global Gets FERC OK to Commission 3 Calcasieu Pass Trains). The other trains, 1-6, have been online for over two years. However, the entire facility is…

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Pipelines to the Rescue! Delivering M-U Gas to Va. & Carolinas

Recently, we’ve told you about the coming demand for natural gas to generate electricity that data centers and artificial intelligence will need (see Big Midstream Companies Eye Data Center/AI Market for New Pipes). The left’s answer for increased power demand is to kill new data centers and ban AI (see Leftists Argue for Ban on…

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Encino Signs 2nd Lease with Cambridge, OH City School

We spotted news that the Cambridge City School District (in Guernsey County, Ohio) has signed a second lease with Encino Energy (EAP Ohio LLC) to allow shale drilling under 4.8 acres. The first lease (which we missed) was signed in February of this year, allowing Encino to drill under 182 acres. The land is located…

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Diversified Saves Big Money Retiring Its Own Older Wells

In late 2021, Diversified Energy (formerly Diversified Gas & Oil) announced it had purchased Next LVL Energy, a well-plugging company that concentrates on plugging mainly old conventional oil and gas wells in Appalachia (see Diversified Energy Buys Well-Plugging Co. Next LVL Energy). Next LVL was headquartered in the Pittsburgh region. In early 2023, Diversified moved…

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26 New Shale Well Permits Issued for PA-OH-WV Aug 5 – 11

For the week of August 5 – 11, a total of 26 permits were issued to drill new shale wells in Marcellus/Utica, with the vast majority issued in Pennsylvania. The Keystone State had 21 new permits, with an eye-popping 19 going to EQT split between Greene and Washington counties (in the southwestern part of the…

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Thailand’s Banpu Lays Out Net Zero Path for U.S. Subsidiary BKV

Over the past seven-plus years, BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu (96% owned by Banpu, Thailand’s largest coal mining company), has become one of the top 20 gas-weighted natural gas producers in the U.S. BKV originally entered the American shale sector by investing $500 million in 2016-2017 to buy existing Marcellus…

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PA AG “Convicts” Greylock Energy, Extracts $140,000 for Big Green

In early 2018, the Pennsylvania Dept. of Environmental Protection (DEP) collected a whopping $1.7 million fine from Energy Corporation of America (ECA) for violations at 17 well sites in Cumberland, Jefferson, and Whiteley Townships in Greene County, and Goshen Township in Clearfield County (see Energy Corp of America Fined $1.7M for Drilling Violations in PA)….

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Independent Monitoring of CNX Ops Shows No Public Health Threat

CNX Resources released its first Radical Transparency™ assessment report yesterday. The initial results of nine months of continuous air emissions monitoring at natural gas well sites and compressor stations in southwestern Pennsylvania indicate that CNX natural gas development poses no public health risk. Period. The data is collected and disseminated to the public by an…

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Epsilon 2Q – PA Production & Revenue Down Due to Low Gas Price

Epsilon Energy issued its second quarter 2024 update earlier this 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) and the Permian (Texas…

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