29 New Shale Well Permits Issued for PA-OH-WV Jul 24-30

New shale permits issued for Jul 24-30 in the Marcellus/Utica were down just a couple, but still a nice number. There were 29 new permits issued last week, down from the 31 issued the previous week. Last week’s permit tally included 22 new permits in Pennsylvania, 7 new permits in Ohio, and no new permits…

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31 New Shale Well Permits Issued for PA-OH-WV Jul 17-23

New shale permits issued for Jul 17-23 in the Marcellus/Utica saw a nice increase. There were 31 new permits issued last week, up from the 23 issued the previous week. Last week’s permit tally included 13 new permits in Pennsylvania, 8 new permits in Ohio, and 10 new permits in West Virginia. The top permittee…

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11 New Shale Well Permits Issued for PA-OH-WV Jul 3-9

New shale permits issued for Jul 3-9 in the Marcellus/Utica saw a dramatic decrease after posting a dramatic increase the week before. There were 11 new permits issued last week, way down from the 39 issued the previous week. Last week’s permit tally included a scant 3 new permits in Pennsylvania, 3 new permits in…

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11 New Shale Well Permits Issued for PA-OH-WV Jun 19-25

New shale permits issued for Jun 19-25 in the Marcellus/Utica took another nosedive. There were 11 new permits issued last week, down from 21 the previous week. There’s just no denying that the trend in permits is generally down. Last week’s permit tally included 6 new permits in Pennsylvania, 2 new permits in Ohio (both…

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How M-U Drillers Spent Discretionary (Extra) Cash Flow in 1Q23

For individuals, discretionary income is what’s left after you pay your taxes and fixed costs like housing, food, and clothing. For shale drillers, the equivalent to discretionary income is cash flow from operating activities (CFOA), which is the net income a company generates adjusted for non-cash expenses like depreciation and stock-based compensation, and for changes

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20 New Shale Well Permits Issued for PA-OH-WV Jun 5-11

New shale permits issued for Jun 5-11 in the Marcellus/Utica last week dipped a bit from the previous week. There were 20 new permits issued, down from 25 issued the previous week. Last week’s permit tally included 6 new permits for Pennsylvania, 8 new permits for Ohio, and 6 new permits in West Virginia. Ascent

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25 New Shale Well Permits Issued for PA-OH-WV May 29-Jun 4

New shale permits issued for May 29-Jun 4 in the Marcellus/Utica finally went higher again last week. There were 25 new permits issued, up from the dismal 8 new permits issued the previous week. Last week’s permit tally included 13 new permits for Pennsylvania, 6 new permits for Ohio, and 6 new permits in West

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Who Bought and Who Sold the Most Shares of M-U Drillers in 1Q23

It’s possible to track which institutional investors (big investors like BlackRock) are buying or selling shares in various companies by… Continue reading The post Who Bought and Who Sold the Most Shares of M-U Drillers in 1Q23 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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8 New Shale Well Permits Issued for PA-OH-WV May 22-28

New shale permits issued for May 22-28 in the Marcellus/Utica fell again for a second week. There were only 8… Continue reading The post 8 New Shale Well Permits Issued for PA-OH-WV May 22-28 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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SRBC Water Withdrawal Restrictions Hit 42 PA Oil & Gas Operators

The weather has been fantastic for those of us living in the northeastern U.S. over the past few weeks. Clear… Continue reading The post SRBC Water Withdrawal Restrictions Hit 42 PA Oil & Gas Operators first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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12 New Shale Well Permits Issued for PA-OH-WV May 15-21

New shale permits issued for May 15-21 in the Marcellus/Utica took a substantial hit. There were only 12 new permits… Continue reading The post 12 New Shale Well Permits Issued for PA-OH-WV May 15-21 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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26 New Shale Well Permits Issued for PA-OH-WV May 8-14

New shale permits issued for May 8-14 in the Marcellus/Utica rose from the prior week. There were 26 new permits… Continue reading The post 26 New Shale Well Permits Issued for PA-OH-WV May 8-14 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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How Did M-U Gas Drillers Spend Their 2022 Record Haul of Cash?

Investors in shale oil and gas companies suffered for years with little or no returns for the money they invested…. Continue reading The post How Did M-U Gas Drillers Spend Their 2022 Record Haul of Cash? first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Seneca Resources Buys Southwestern Assets in Tioga County, PA

National Fuel Gas Company (NFG), headquartered in Buffalo, NY, is the parent company for Marcellus/Utica driller Seneca Resources and the… Continue reading The post Seneca Resources Buys Southwestern Assets in Tioga County, PA first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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