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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PA Supreme Court to Address Royalty Post-Production Deduction Issue

On February 15, 2023, the Supreme Court of Pennsylvania agreed to hear the case Dressler Family, LP v. PennEnergy Resources,… Continue reading The post PA Supreme Court to Address Royalty Post-Production Deduction Issue first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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25 New Shale Well Permits Issued for PA-OH-WV Jan 9-15

New shale permits issued for Jan. 9-15 in the Marcellus/Utica included 18 new permits in Pennsylvania, 5 new permits in… Continue reading The post 25 New Shale Well Permits Issued for PA-OH-WV Jan 9-15 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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29 New Shale Well Permits Issued for PA-OH-WV Jun 20-26

Last week, for June 20-26, the number of new permits issued to drill in the Marcellus/Utica decreased just a bit… Continue reading The post 29 New Shale Well Permits Issued for PA-OH-WV Jun 20-26 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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PennEnergy Creek Water Request Now “Complete” – PA DEP Reviewing

PennEnergy Resources recently reapplied (for a second time) for a permit to draw water from Big Sewickley Creek–but this time… Continue reading The post PennEnergy Creek Water Request Now “Complete” – PA DEP Reviewing first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Decision Nears, Antis Still Oppose PennEnergy Creek Water Request

PennEnergy Resources recently reapplied (for a second time) for a permit to draw water from Big Sewickley Creek–but this time… Continue reading The post Decision Nears, Antis Still Oppose PennEnergy Creek Water Request first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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21 New Shale Well Permits Issued for PA-OH-WV Jun 6-12

The Marcellus/Utica is still struggling to get permit numbers into higher brackets. Three weeks ago a pathetically low six new… Continue reading The post 21 New Shale Well Permits Issued for PA-OH-WV Jun 6-12 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Weekly Shale Drilling Permits for PA, OH, WV: Dec 14-18

Last week Pennsylvania issued 25 new shale well drilling permits in both northeast and southwest PA, although most of the permits for SWPA. Ohio issued 4 new shale well permits, all of them to the same company (Encino Energy) and the same well pad (in Harrison County). West Virginia issued 6 new shale well permits,

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2021 Upstream Outlook: M-U CEOs Say Gas Market Will Improve

Yesterday Hart Energy held its annual (always excellent) DUG (Developing Unconventional Gas) East event. Normally the event is held at the Convention Center in Pittsburgh. This year it was an all-virtual event. Among the speakers were CNX CEO Nick Deluliis, PennEnergy Resources CEO Rich Weber, and Ascent Resources CEO Jeff Fisher. While it’s not all

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M-U Drillers Prominently Featured at DOE Virtual NatGas Summit

Richard Weber, CEO of PennEnergy Yesterday the U.S. Dept. of Energy hosted a virtual 2020 Natural Gas Summit in Washington, D.C. DOE Secretary Dan Brouillette and Director of the White House National Economic Council Larry Kudlow were the two hosts and speaker/moderators. However, at least two prominent Marcellus/Utica driller CEOs participated, including Richard Weber from

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Sumitomo Corp Sells JV Stake in Butler County, PA Marcellus

Assets co-owned by Rex and Sumitomo in 2010 (click for larger version) In 2010 gigantic Japanese trading house Sumitomo Corp. bought a 30% stake (joint venture) in Rex Energy’s Marcellus drilling operation in Bulter County, PA for $150.7 million. Sumitomo wrote down much of the value for that purchase in 2015. In 2018 Rex went

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