Yesterday, representatives from Tenaska gave a presentation to the Hancock County (WV) Commission detailing the company’s plans to drill carbon dioxide (CO2) injection wells in West Virginia, Ohio, and Pennsylvania. The company anticipates drilling seven CO2 injection wells/sites in WV, 12 wells/sites in OH, and three wells/sites in PA. Tenaska has established an office in…
Read More...Earlier this week MDN told you that two of Gulfport Energy’s major investors were conducting a sale of what amounts to 3.5% of the company’s stock (see 2 Gulfport Energy Shareholders Selling 3.5% of Company Stock). One of the investors selling is Silver Point Capital L.P., which owns some 10% of Gulfport’s stock (and has…
Read More...The Energy Workforce & Technology Council, based in Houston, TX, is the national trade association for the global energy technology and services sector. The Council reports jobs in the O&G sector increased in November, adding 1,286 jobs. The O&G industry employs 652,398 jobs across the country, just 54,130 jobs away from returning to pre-pandemic levels….
Read More...New shale permits issued for Nov 27 – Dec 3 in the Marcellus/Utica were much improved over the previous few weeks. There were 25 new permits issued last week versus 14 issued two weeks ago and just one new permit three weeks ago. So the trend is our friend! Last week’s permit tally included 15…
Read More...Hart Energy keeps the hits rolling, publishing interviews and articles from the recent DUG Appalachia event held in Pittsburgh in November. The latest is a transcript of an interview between Hart Energy’s editorial director and Encino Energy’s CTO. According to the CTO, the company uses “machine learning” to perfect its oil drilling in the northern…
Read More...The Ohio Dept. of Natural Resources (ODNR) released production numbers for the third quarter of 2023 late last week, and nobody noticed…except MDN (thanks to a tip from a good friend). ODNR no longer issues a press release to summarize the results as they once did. We’ve got the full spreadsheet with oil and gas…
Read More...Anti-fossil fuel fanatics in Ohio (and beyond) still can’t accept that they lost a battle to block drilling under (not on) Ohio state-owned land, including some Ohio state parks. Several weeks ago, the Ohio Oil & Gas Land Management Commission (OGLMC) met in a public forum and voted to allow shale drilling under three state-owned…
Read More...Columbiana County, OH, located in the northern portion of the Utica Shale play in the Buckeye State, has recently come roaring back to life. In 2022, there were 41 permits issued to drill in the Utica in Columbiana County. So far, in 2023, there have been 35 permits issued to drill in Columbiana County. But…
Read More...New shale permits issued for Nov 20 – 26 in the Marcellus/Utica was anemic but better than the prior pathetic report of just a single new permit (see 1 New Shale Well Permit Issued for PA-OH-WV Nov 13 – 19). There were 14 new permits issued last week. Last week’s permit tally included 7 new…
Read More...Yesterday and today, Hart Energy is hosting the DUG Appalachia Conference & Exhibition in Pittsburgh. DUG stands for Developing Unconventional Gas. Great conference and a great company hosting it. The opening session yesterday was titled, “The State of the Utica: The Code’s Cracked,” and featured Rob Brundrett, President of the Ohio Oil & Gas Association (OOGA)….
Read More...The dead cat bounce bounced a little higher last week (i.e., the slight bounce a dead cat makes when it hits the ground). The rig count hit a new low for 2023 three weeks ago (see U.S. Rig Count Hits New 2023 Low – Loses 2 @ 616, M-U Even @ 40). Two weeks ago,…
Read More...In February 2021, Northern Oil and Gas, Inc. (NOG), a company that invests in non-operated oil and gas assets (they let others do the drilling), announced it had purchased 64,000 net acres producing ~120 MMcfe/d (million cubic feet equivalent per day) in the Marcellus/Utica from Reliance Industries Limited (see Northern O&G Buys 64K Acres of…
Read More...In December 2017, MDN told you about a second proposed natural gas-fired power plant planned by CME Energy for Oregon (Lucas County), Ohio (see Ohio Approves 2nd Oregon Utica-Fired Elec Plant (Near Toledo)). The first plant was called the Oregon Clean Energy Center. The second plant project was named Clean Energy Future – Oregon. The…
Read More...New shale permits issued for Nov 6 – 12 in the Marcellus/Utica slipped but still turned in a respectable number. There were 22 new permits issued last week, versus 37 issued the week before. Last week’s permit tally included 6 new permits in Pennsylvania, 16 new permits in Ohio, and no new permits in West…
Read More...Yesterday, the Ohio Oil & Gas Land Management Commission (OGLMC) met in a public forum and voted to allow shale drilling under (not on top of) three different state-owned tracts of land: all 20,000 acres of Salt Fork State Park in Guernsey County, more than 300 acres of Valley Run Wildlife Area in Carroll County,…
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