Hart Energy has published a number of articles highlighting companies and key people in the Marcellus/Utica region. Hart has an ongoing series called Hart Energy’s Hall of Fame to honor industry pioneers and the Agents of Change (ACEs) who are leading the energy sector into the future. A recent Hall of Fame article highlights one…
For the week of Nov 25 – Dec 1, permits issued in the Marcellus/Utica dropped dramatically. Only 12 new permits were issued last week, less than half the 28 issued the week before. The Keystone State (PA) issued just two new permits, one to EQT in Greene County and the other to Range Resources in…
CNX Resources announced yesterday it had struck a deal to buy the assets of Apex Energy II, LLC, a portfolio company of funds managed by Carnelian Energy Capital Management, for $505 million. Apex owns wells, acreage, and pipelines in Westmoreland County, PA. The Apex assets are close to, in some cases adjacent to, CNX’s considerable…
Did we nail it, or did we NAIL it? Two days ago, the Josh Shapiro Department of Environmental Protection (DEP) puffed out its chest to announce it was donating $600,000 to 12 leftist organizations to promote “environmental justice” (EJ) in Pennsylvania (see PA Gov. Shapiro’s DEP Blows $600,000 on “Enviro Justice” Grants). EJ is anti-drilling…
Come and get it! Only ten companies have applied to plug 77 orphaned wells in Pennsylvania as part of $44.4 million allocated for PA’s Methane Emissions Reduction Program (MERP) grant program. By our calculations, more than $41 million remains in the pot unclaimed. However, the clock is ticking. There is a Dec. 16 deadline to…
We have some exciting news to share. What was Pennsylvania’s largest coal-fired power plant, the Homer City Generating Station, located in Center Township, Indiana County, PA, shut down operations in July 2023. In its heyday, the massive plant produced 1,888 megawatts of electricity (nearly 2 GW). Demolition of the old plant and construction of a…
Allegheny County, PA They never, ever give up. And neither should we. The “they” we’re speaking of are irrational anti-fossil fuel zealots. The Allegheny County Board of Health, a nine-member governing board appointed by the County Chief Executive, held a meeting yesterday to discuss air permits. Attending the meeting were anti-fossil fuel zealots making a…
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This post is to catch you up on the latest developments in a class action lawsuit related to a frac-out, or “inadvertent return” that happened when EQT Corp. drilled a well in Greene County, PA, in 2022 (see Possible Frac-Out Reported at EQT Well Site in Greene County, PA). A frac-out happens when drilling mud…
A Pennsylvania Department of Environmental Protection (DEP) inspector showed up at Stonehaven Energy’s Class IID “Latshaw 9” oil and gas wastewater injection well in Cranberry Township, Venango County, on Nov. 27 for a routine inspection. He found the well is not in use and hasn’t been in use since March 2023. The well was inspected…
Yesterday, the Pennsylvania Independent Fiscal Office (IFO) released its latest quarterly Natural Gas Production Report for July through September 2024 (full copy below). There were 63 new horizontal wells spud (drilled) in 3Q24, the same exact number as in 2Q24, but 3Q’s number was a decrease of 39 wells (-38%) compared to the third quarter…
According to an extensive report appearing on the World Oil website (and in the November issue of the magazine), multiple possible futures lie ahead for the Marcellus and Utica shales. So, which future will come to pass? Today, both industry and government see the Marcellus and Utica formations as tremendous opportunities for companies and state…
For the week of Nov 18 – 24, permits issued in the Marcellus/Utica continued to be strong, with 28 new permits issued, down just two from the 30 issued the prior week. The Keystone State (PA) issued 11 new permits, with five going to CNX Resources, all in Allegheny County. Two permits were issued to…
The Baker Hughes national rig count dropped another rig last week and now sits at 582. The national count continues to be rangebound between 581 and 589 since June. Slicing the national count slightly differently—by oil-focused vs. gas-focused rigs—oil rigs fell by two to 477 last week, their lowest since July, while gas rigs rose…
The Pennsylvania Department of Environmental Protection (DEP) is aiding and abetting radical environmental groups in circumventing the state legislature. In what amounts to a classic leftist “sue-and-settle” case, radical environmental groups (including the Clean Air Council and Environmental Integrity Project) petitioned the state Environmental Quality Board (EQB), asking the board to amend 25 Pa. Code…