EnerVest Utica Shops 340K Acres of ORRI in Ohio Utica Shale
EV Royalty Partners, an affiliate of EnerVest Ltd., has retained Oil & Gas Asset Clearinghouse for the sale of a Utica Shale overriding royalty interest (ORRI) package across multiple counties in Ohio. The package on offer includes portions of ORRI in some 340,894 acres. The acreage is actively leased and developed by Encino Energy, Ascent Resources, and Southwestern Energy. Bids are due by Dec. 2nd.
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The so-called Pennsylvania Environmental Defense Foundation (PEDF) lost a big court case in Pennsylvania’s Commonwealth Court in August (see
You know it’s the end of the world when (in this case) the far-left editors of the Pittsburgh Post-Gazette, who universally hate shale drilling, support shale drilling under public parks in Allegheny County (Greater Pittsburgh). Last week MDN told you that anti-drilling zealots in Allegheny County were making yet another play, as they did eight years ago, to get County Council to pass a permanent ban on fracking under (not on) county parks (see
Over the past two years, MDN has told you about a tiny 2.1-mile looping pipeline segment proposed by Kinder Morgan’s Tennessee Gas Pipeline (TGP), to be buried next to the existing TGP, to connect regions around Springfield, Massachusetts to receive more natural gas supplies. Springfield neighborhoods like Holyoke have an ongoing moratorium on hooking up new natgas customers unless/until more supply is provided (see
Although this story technically is not about the Marcellus/Utica, it is about the parent company of the Shell ethane cracker in Beaver County, PA, and it is instructive for politicians everywhere that increasingly love to bash fossil fuel companies. Royal Dutch Shell Plc was founded in and has been headquartered in The Netherlands for the past 100+ years. The Netherlands is attacking the company via the courts and with threats of insane taxes. So Shell is doing the unthinkable: Reorganizing and dropping “Royal Dutch” from the name and relocating its headquarters from the Netherlands to London.
It’s been too long (months!) since we’ve last updated our calendar of events page. We updated it as of today. Below is the list of events we are aware of that will be of interest to those with an interest in the Marcellus/Utica shale region for the balance of 2021 and into early 2022. Some events are in the region (PA, WV). Some are not (TX, KY). Some are virtual/online, but most have returned to in-person. All of them are of potential interest to the MDN audience.
MARCELLUS/UTICA REGION: EQT recognized for advancing women’s leadership and board diversity; Pittsburgh shoots itself in the head with so-called energy strategy for builders; NATIONAL: U.S. natural gas in storage in early November is 3% below the recent average; Wake up America! China is making fools of us on energy!; Why are oil prices so high when the U.S. remains one of the world’s largest producers?; Shale drilling could accelerate soon; US shale basin merger and acquisition activity surpasses seven-year high; INTERNATIONAL: Oil and gas will be in the global energy system ‘for decades,’ BP chief says; Europe’s first winter cold spell already straining natural gas supplies.