Yesterday, the Ohio Oil and Gas Land Management Commission (OGLMC) voted to award a contract to Gulfport Energy to drill and frack under (not on) about 30 acres of the Egypt Valley Wildlife Area in Belmont County. Commissioners also voted to open an additional 884 acres of Salt Fork State Park in Guernsey County for…
Read More...Pennsylvania assesses an impact fee (PA’s version of a severance tax) on shale drillers, raising revenues that are paid to local municipalities and the black hole of Harrisburg politicians. Yesterday, the PA Independent Fiscal Office (IFO) issued an estimate for how much the impact fee will raise this year, which will be distributed next year….
Read More...In October 2024, the Bidenistas announced the Hydrogen Hub Hunger Games winners (see Hydrogen Hub Winners Announced – WV Takes Prize in M-U Region). Seven projects were selected from 33 finalists. Among the winners was the West Virginia-led Appalachian Regional Clean Hydrogen Hub (ARCH2), which is a project that will use Marcellus/Utica natural gas as…
Read More...The Harrisburg Patriot-News is reporting a developer is seriously looking at a site in Cumberland County, PA, near the state capital of Harrisburg, to build a huge new “hyperscale data center complex” on 700 acres. Allow us to connect the dots for you. These data centers use an incredible amount of electricity. That electricity either…
Read More...One month ago, we brought you the news that Diversified Energy and EQT Corporation had settled a class action lawsuit originally brought by several West Virginia landowners (see EQT, Diversified Settle WV Class Action Lawsuit re Old Wells). There is the money aspect of the lawsuit, a payout of up to $6.5 million (subject to…
Read More...The Baker Hughes national rig count dramatically increased last week, adding seven rigs for a national count of 589. Note that the national count continues to be rangebound between 581 and 589 since June (except for Sep. 13, when it hit 590 for a single week). Will we break out of the rut and go…
Read More...Upper Burrell (Westmoreland County, PA) town supervisors have historically been receptive (or at least tolerant) to the Marcellus Shale industry that has so blessed their town and Westmoreland County (see our Upper Burrell stories here). According to MDN’s soon-coming data service, Upper Burrell has 20 actively producing shale wells, with 17 of them drilled since…
Read More...Hart Energy has published a number of articles highlighting companies and key people in the Marcellus/Utica region. Hart has an ongoing series called Hart Energy’s Hall of Fame to honor industry pioneers and the Agents of Change (ACEs) who are leading the energy sector into the future. A recent Hall of Fame article highlights one…
Read More...Two pipeline industry titans are going after each other again. Energy Transfer and Williams previously tangled over an aborted proposed merger, a saga that stretched from 2015 until it was finally settled in 2023 (see Williams Finally Wins Case Against ET Aborted Merger – $495 Million). More recently, Williams sought permits to drill for a…
Read More...In January 2023, New York Gov. Kathy Hochul, an extremist, floated a plan to ban natural gas hookups in every single new home and business across the “Empire” State (see NY Gov. Hochul Loses Her Mind – Wants to Ban Gas in New Buildings). She even wanted to ban gas in existing homes, but that…
Read More...CNX Resources announced yesterday it had struck a deal to buy the assets of Apex Energy II, LLC, a portfolio company of funds managed by Carnelian Energy Capital Management, for $505 million. Apex owns wells, acreage, and pipelines in Westmoreland County, PA. The Apex assets are close to, in some cases adjacent to, CNX’s considerable…
Read More...One month ago, National Fuel Gas Company (NFG) CEO David Bauer confirmed that his company had given up after battling for 10 years to build the Northern Access Pipeline, a 97-mile pipeline from McKean County in Pennsylvania into and through Allegany, Cattaraugus, and Erie counties in New York that would have flowed Marcellus gas into…
Read More...Did we nail it, or did we NAIL it? Two days ago, the Josh Shapiro Department of Environmental Protection (DEP) puffed out its chest to announce it was donating $600,000 to 12 leftist organizations to promote “environmental justice” (EJ) in Pennsylvania (see PA Gov. Shapiro’s DEP Blows $600,000 on “Enviro Justice” Grants). EJ is anti-drilling…
Read More...Come and get it! Only ten companies have applied to plug 77 orphaned wells in Pennsylvania as part of $44.4 million allocated for PA’s Methane Emissions Reduction Program (MERP) grant program. By our calculations, more than $41 million remains in the pot unclaimed. However, the clock is ticking. There is a Dec. 16 deadline to…
Read More...The research arm of Enverus (formerly Drillinginfo), one of the most trusted, energy-dedicated SaaS platforms offering real-time access to analytics, insights, and benchmark cost and revenue data, earlier this week published a new report on the Utica Shale. The report specifically discusses Utica oil—the production performance for Utica wells, and the economics of the play….
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