EQT/Tug Hill Deal Came Only After PA AG, FTC Changed Deal Terms

We should have known there was a price to pay, a “pound of flesh” to be exacted, when we read the announcement that the Bidenistas of the FTC (Federal Trade Commission) had approved EQT’s deal to buy Tug Hill’s West Virginia assets. Two days ago, EQT issued a press release to announce the deal had…

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Bidenistas at FTC Clear EQT to Complete Buyout of Tug Hill & XcL

Last September, EQT Corporation announced it was buying privately-owned Tug Hill Operating’s West Virginia shale assets for $5.2 billion (see Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion). However, the Bidenistas at the Federal Trade Commission (FTC) got involved slowing down the deal. Because of the FTC dragging its feet, EQT and Tug…

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11 New Shale Well Permits Issued for PA-OH-WV Jun 19-25

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…

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26 New Shale Well Permits Issued for PA-OH-WV May 8-14

New shale permits issued for May 8-14 in the Marcellus/Utica rose from the prior week. There were 26 new permits… Continue reading The post 26 New Shale Well Permits Issued for PA-OH-WV May 8-14 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Biden DOJ, EPA Announce $25M “Settlement” with Williams, Others

Yesterday the Bidenistas at the Dept. of (In)Justice (DOJ) and the Environmental Protection Agency (EPA) announced a “settlement” (i.e. bullying)… Continue reading The post Biden DOJ, EPA Announce $25M “Settlement” with Williams, Others first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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29 New Shale Well Permits Issued for PA-OH-WV Feb 20-26

New shale permits issued for Feb. 20-26 in the Marcellus/Utica slide lower last week. There were 29 new permits issued… Continue reading The post 29 New Shale Well Permits Issued for PA-OH-WV Feb 20-26 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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35 New Shale Well Permits Issued for PA-OH-WV Feb 13-19

New shale permits issued for Feb. 13-19 in the Marcellus/Utica remained elevated last week. There were 35 new permits issued… Continue reading The post 35 New Shale Well Permits Issued for PA-OH-WV Feb 13-19 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 Using Compressor Engine Exhaust Heat to Produce Electricity

CNX Resources and ICE Thermal Harvesting have partnered on a pilot project to generate 100% emission-free, locally-sourced power for use… Continue reading The post CNX Using Compressor Engine Exhaust Heat to Produce Electricity first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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$150M Manufacturing Plant Coming to WV, Cites M-U NGLs as Reason

Some exciting news out of West Virginia to share. During last evening’s State of the State address, WV Gov. Jim… Continue reading The post $150M Manufacturing Plant Coming to WV, Cites M-U NGLs as Reason first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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20 New Shale Well Permits Issued for PA-OH-WV Dec 5-11

Last week (Dec. 5-11), the number of permits issued to drill new shale wells in the Marcellus/Utica dropped by one… Continue reading The post 20 New Shale Well Permits Issued for PA-OH-WV Dec 5-11 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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43 New Shale Well Permits Issued for PA-OH-WV Oct 31-Nov 6

New shale permits issued in the Marcellus/Utica came roaring back during the week of Oct. 31 through Nov. 6. Both… Continue reading The post 43 New Shale Well Permits Issued for PA-OH-WV Oct 31-Nov 6 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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30 New Shale Well Permits Issued for PA-OH-WV Sep 19-25

Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 30 new drilling… Continue reading The post 30 New Shale Well Permits Issued for PA-OH-WV Sep 19-25 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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