25 New Shale Well Permits Issued for PA-OH-WV Nov 27 – Dec 3
New shale permits issued for Nov 27 – Dec 3 in the Marcellus/Utica were much improved over the previous few weeks. There were 25 new permits issued last week versus 14 issued two weeks ago and just one new permit three weeks ago. So the trend is our friend! Last week’s permit tally included 15 new permits in Pennsylvania, 8 new permits in Ohio, and 2 new permits in West Virginia. Three companies tied for top place with 4 permits each: Seneca Resources in PA, Ascent Resources and Encino Energy in OH.
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Hart Energy keeps the hits rolling, publishing interviews and articles from the recent DUG Appalachia event held in Pittsburgh in November. The latest is a transcript of an interview between Hart Energy’s editorial director and Encino Energy’s CTO. According to the CTO, the company uses “machine learning” to perfect its oil drilling in the northern Ohio Utica, and it’s paying off. Encino is looking to expand in the Ohio Utica — looking to lease more and drill more.
One of the speakers at the recent Hart Energy DUG Appalachia event in Pittsburgh was Douglas Kris, senior vice president of Diversified Energy. For years, we have highlighted Diversified’s “contrarian” business model (
Venture Global’s Calcasieu Pass LNG export facility recently received Federal Energy Regulatory Committee (FERC) authorization to place the final three liquefaction blocks (7-9) into service (see 
In May, the PHMSA issued a proposed new rule that would slap onerous and very expensive new requirements on pretty much all natural gas pipelines in the country, including 2.7 million miles of gas transmission, distribution, and gathering pipelines; 400+ underground natural gas storage facilities; and 165 liquefied natural gas facilities (see
Each year, the Oil & Gas Journal updates oil and natural gas reserves by each O&G-producing country. It’s a fascinating look at where the biggest (and smallest) oil and gas supplies exist on the planet. Would it surprise you to learn that three other countries have more (far more) natural gas reserves than we have here in the U.S.? Perhaps even more startling, There are eight countries with more oil reserves than the U.S. Unfortunately, most of the countries with larger supplies are enemies of the U.S.
NATIONAL: Crude continues losing streak in saturated market; Poll finds people don’t want to “electrify everything”; INTERNATIONAL: $50B Woodside/Santos merger creates world-class LNG biz; Fears grow that fossil fuel firms will capture hydrogen industry; Green groups at COP28 demand U.S. halt support for LNG.