The Ohio Department of Natural Resources (ODNR) released production numbers for the second quarter of 2024 yesterday. The story the numbers tell continues to be about Utica oil, which continues to rise each quarter. Ohio’s total oil production during 2Q24 was 8.01 million barrels, up 23% from 2Q23’s 6.5 million barrels and up 11% from…
Read More...Once a month, the U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. Starting in June, the EIA axed its monthly Drilling Productivity Report that focused on shale plays and instead rolled it into the…
Read More...A very big story is unfolding in the Marcellus/Utica, and nobody else is talking about it. There is a major reshuffling of rigs in the M-U, with Pennsylvania losing active rigs and West Virginia picking them up. Two weeks ago, PA dropped from 21 to 18 active rigs, the lowest count it has had in…
Read More...Federal, state and local officials gathered Aug. 23 to cut the ribbon outside the Utica Shale Academy Energy Training Center’s newly expanded space in Salineville (click for larger version) The Utica Shale Academy (USA), located in Salineville (Columbiana County), OH, is already a decade old. Where does the time go?! The USA, through an innovative…
Read More...For the week of Aug. 26 – Sept. 1, a total of 32 permits were issued to drill new shale wells in Marcellus/Utica, nearly matching the previous week’s 34. It’s nice to see the numbers returning to higher levels. The Keystone State (PA) had 18 new permits. PA’s top recipient was EQT (and its subsidiary…
Read More...We’ve been waiting for this! For the past few years, since EOG Resources acknowledged it had quietly amassed nearly half a million acres of leases in the Ohio Utica Shale, the company has been experimenting with crude oil drilling in the Utica. Each quarter EOG’s managers have sung the praises of the Utica (see EOG…
Read More...The big news (for us) with the weekly Baker Hughes rig count is that last week, Pennsylvania laid down its use of three active drilling rigs, resulting in the lowest rig count in the state in 2 1/2 years. PA now operates 18 active rigs, down from 21 the week prior. The last time PA…
Read More...For the week of August 19 – 25, a total of 34 permits were issued to drill new shale wells in Marcellus/Utica. The Keystone State (PA) had 16 new permits. PA’s top recipient was Chesapeake Energy, with six permits in Bradford County. Coterra Energy was a close second, with five new permits issued in neighboring…
Read More...We spotted an article on the always-excellent NGI website (the Daily Gas Price Index) that said exploration and production (E&P) permitting activity shows a “summer slump” in natural gas plays, including in the Marcellus/Utica. The information in the article is from data compiled by Enverus and Evercore ISI. So, we decided to review our weekly…
Read More...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…
Read More...We spotted a press release about pipeline repair company operating in the Marcellus/Utica, located in Ohio, Precision Pipeline Services, buying out a pipeline repair company based in Pennsylvania, Allegheny Contracting. We checked, and we’ve never written about either company. We always get a thrill when uncovering new companies involved in the M-U we didn’t know…
Read More...Bill Siderewicz Some sad news to share. The man most responsible for bringing two power plants to Lordstrown (Trumbull County, OH) has died. According to his obituary, Bill Siderewicz passed away on Tuesday, August 13. He was 74 and lived in Massachusetts. He died way too young. Bill was the owner of Clean Energy Future,…
Read More...A study led by Binghamton University and the University of Nevada, Las Vegas (UNLV) claims it has uncovered that energy companies pressure landowners into allowing hydraulic fracturing (fracking) on their properties, “often resorting to persistent and personalized tactics.” In other words, those nasty frackers bully poor landowners into signing leases. We have no doubt there…
Read More...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…
Read More...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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