Northern Oil and Gas Investing $160M in Marcellus/Utica in 2025
Yesterday, Northern Oil and Gas, Inc. (NOG) announced it had entered a Joint Development Program with an unnamed Marcellus/Utica driller to invest $160 million in 2025 for new well drilling. In return, NOG will receive a 15% working interest (i.e., ownership) in the assets. NOG did not identify the driller but called it "one of Appalachia’s most capital efficient operators."To view this content, log into your member account. (Not a member? Join Today!)