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Marcellus Drilling News
  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    DEP Permit Delays Harming PA Shale Industry – Fix Needed Now

    May 12, 2021May 12, 2021

    Once again the Pennsylvania Dept. of Environmental Protection (DEP) is falling down on the job. For years we’ve covered the news that DEP delays in issuing simple permits for erosion and sediment control are taking far longer–months longer–than they should. A Chapter 102 Erosion and Sedimentation permit is supposed to take 14 days to review and issue. In the Southwest DEP office, it’s taking an average of five months! Enough is enough. It’s time to pass legislation (one of three bills) now working its way through the PA House and Senate that allows private, third-party engineers to review and approve permits since the DEP (under Sec. Pat McDonnell) is incapable of doing its job.
    Read More “DEP Permit Delays Harming PA Shale Industry – Fix Needed Now”

  • Industrywide Issues | Lease & Royalty Payments | Pennsylvania | Research | Statewide PA

    Pennsylvania Continues to Hit a Home Run re Landowner Royalties

    May 12, 2021May 12, 2021

    Back in 2018 MDN analyzed the economic impact from just one driller (Cabot Oil & Gas) in one county (Susquehanna County, PA) and discovered Cabot had put $1.5 billion into the pockets of private landowners through signing bonuses and royalties, and had spent another $3.5 billion on drilling (over $5 billion total spent) over a 10-year period–all in Susquehanna County (see Broome County, NY Substitutes Solar Crumbs for NatGas Feast). The Allegheny Institute for Public Policy has done a similar analysis looking at several counties in southwestern and northeastern PA to tabulate the revenue flowing to landowners from royalties and bonus payments. The numbers are staggering!
    Read More “Pennsylvania Continues to Hit a Home Run re Landowner Royalties”

  • Chevron | Energy Companies | Greene County (PA) | Industrywide Issues | Lease & Royalty Payments | Litigation | Pennsylvania

    Federal Court OKs Chevron Post-Production Deductions in PA

    May 12, 2021April 20, 2022

    Once again the infamous 2010 Pennsylvania Supreme Court case, Kilmer v. Elexco, rears its ugly head. In a decision filed by the U.S. District Court in Western PA, the judges invoke Kilmer v. Elexco as the excuse to grant Chevron the right to deduct a cumulative $54,834 from royalty payments to a Greene County, PA landowner (out of $266,196) even though the original lease says royalties should be paid “at the wellhead” price.
    Read More “Federal Court OKs Chevron Post-Production Deductions in PA”

  • Industrywide Issues | Litigation | Ohio | Statewide OH

    Biden Admin Seeks to Restart Drilling in Wayne Natl Forest

    May 12, 2021May 12, 2021
    mixed signals

    The executive branch of the federal government, including the U.S. Forest Service (USFS) and the Bureau of Land Management (BLM), is appealing, to a federal appeals court, a Columbus federal court ruling that prohibits their respective agencies from issuing new permits to drill on oil and gas leases in Ohio’s Wayne National Forest (WNF). Talk about mixed signals! We thought old Joe had shut down and wants to keep shut down all drilling on federal land, which includes WNF (see How Biden’s Drilling Ban on Federal Lands Affects the M-U). Now Biden’s own USFS and BLM are suing to allow it!
    Read More “Biden Admin Seeks to Restart Drilling in Wayne Natl Forest”

  • Energy Companies | Energy Corporation of America | Greylock Energy

    ECA Marcellus Trust I Gives Investors 3.1 Cents per Unit in 1Q21

    May 12, 2021May 12, 2021

    ECA Marcellus Trust I, traded over-the-counter on the pink sheets, canceled distributions (dividends) to investors for the first three quarters of 2020 due to the pandemic and the crash in oil and gas prices. The company restarted paying dividends in 4Q20–a grand total of 9/10ths of one penny per unit (see ECA Marcellus Trust I Gives Investors <1 Penny per Unit in 4Q20). In 1Q21 ECA increased its distribution to 3.1 cents per unit.
    Read More “ECA Marcellus Trust I Gives Investors 3.1 Cents per Unit in 1Q21”

  • Allegheny County | Armstrong County | Arsenal Resources | Ascent Resources | Beech Resources | Chesapeake Energy | Chief Oil & Gas | Coterra Energy (Cabot O&G) | Encino Energy | Energy Companies | EQT Corp | EXCO Resources | HG Energy | Jefferson County (OH) | Lewis County | Lycoming County | Marshall County | Ohio | Olympus/Huntley & Huntley | Pennsylvania | Snyder Brothers | Southwestern Energy | Sullivan County | Susquehanna County | Taylor County | Tioga County (PA) | Tug Hill Operating | Weekly Permits | West Virginia | Westmoreland County

    Weekly Shale Drilling Permits for PA, OH, WV: May 3-9

    May 12, 2021May 12, 2021

    All three M-U states received permits to drill new shale wells last week. Pennsylvania received a big 18 new permits (after receiving no new permits the previous week). More than half of those 18 permits were for wells on two pads in southwestern PA. Ohio received 7 new permits last week all in one county (Jefferson), split between Encino Energy and Ascent Resources. And West Virginia received 10 new permits with 7 of them for a single pad in Lewis County.
    Read More “Weekly Shale Drilling Permits for PA, OH, WV: May 3-9”

  • Best of the Rest

    Other Stories of Interest: Wed, May 12, 2021

    May 12, 2021May 12, 2021

    MARCELLUS/UTICA REGION: Stephens bill to protect natural gas passes Ohio House; Emissions reduction at Cabot – a primer; NATIONAL: Cyberattack halts fuel movement on Colonial petroleum pipeline; EIA’s natural gas price forecast ticks up to $3.05 on exports, U.S. demand; Low European stocks, high global gas prices keep U.S. LNG production at full capacity; INTERNATIONAL: China now emits more GHG than rest of developed world combined.
    Read More “Other Stories of Interest: Wed, May 12, 2021”

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