Clarington, OH The Monroe County, OH Port Authority has scored close to $3 million in grants and loans to fund a development project located at a former CONSOL Energy coal mining site south of Clarington, OH. The money will be used to build an access road and repair eight of 12 existing barge cells on
Read More...All three M-U states received permits to drill new shale wells last week. Pennsylvania received 22 new permits. Ohio received 2 new permits. And West Virginia received 8 new permits.This post appeared first on Marcellus Drilling News.
Read More...Diversified Gas & Oil (DGO) owns close to 8 million acres of leases with some 60,000 (mostly) conventional oil and gas wells. Their focus has been to acquire quality production and cash flow–regardless of the well or commodity type (gas or oil)–in the Appalachian Basin. DGO currently owns over 400 Marcellus/Utica shale wells in their
Read More...Here’s an interesting twist. Just last week we told you about ongoing opposition from anti-fossil fuelers to a currently dormant project, the Mountaineer NGL Storage hub project in Monroe County, OH (see Opposition to Dormant Mountaineer NGL Storage Hub in Monroe, OH). Mountaineer wants to build an underground storage cavern to hold natural gas liquids,
Read More...A few weeks ago MDN told you about Peregrine Energy Partners buying royalty payment rights from landowners in Doddridge County, WV (see Peregrine Buys Royalty Rights from Doddridge County, WV Landowners). We have another purchase by Peregrine, this time in Monroe County, OH. Plus a similar company that buys royalty interests has made its second
Read More...Long Ridge Energy Generation Project – artist’s rendering In January 2018 MDN brought you news from the new owners of what is now called the Long Ridge Energy Terminal in Monroe County, OH (transloading facility) that they were moving forward “quickly” with plans to build a 485-megawatt Utica gas-fired electric plant. Quick, it seems, is
Read More...EdgeMarc Energy, headquartered in Canonsburg, PA (with 45,000 acres of Marcellus/Utica leases), is filing for Chapter 11 bankruptcy, looking to sell all of the company’s assets. The reason? They can’t move their production to market because their main pipeline partner, Energy Transfer’s Revolution Pipeline, exploded last September and ET has not been able to get
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. CNX Resources released its first quarter 2019 update yesterday, which shows the company lost $87 million, as opposed to making $527 million in profit in 1Q18. Even so, CEO Nicholas DeIuliis announced
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