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18 New Shale Well Permits Issued for PA-OH-WV Feb 19 – 25
There were 18 new permits issued to drill in the Marcellus/Utica during the week of Feb. 19 – 25, up from 13 permits issued the prior week. Pennsylvania issued 8 new permits last week. Ohio issued 9 new permits (after issuing none the week before). West Virginia issued just 1 new permit last week. Encino Energy took the prize for the most permits issued with 9 permits, all for Carroll County, OH. Repsol had the second most permits with 5 issued for Bradford County, PA. Everyone else had a single new permit: Beech Resources (Lycoming County, PA), Chesapeake Energy (Bradford County, PA), CNX Resources (Westmoreland County, PA), and HG Energy (Lewis County, WV).
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Spanish energy giant Repsol, with around 214,000 net acres of leases in the Marcellus Shale, primarily located in northeastern Pennsylvania in Bradford, Susquehanna, and Tioga counties, issued the company’s fourth quarter and full-year 2023 update last week. Among the tidbits coming to light is a statement by Repsol management that the company plans to spend €$1 billion (US$1.083 billion) in the Marcellus over the next four years. Repsol loves the Marcellus!
Never jump to conclusions. It can come back to bite you. Even MDN is sometimes (rarely, but sometimes) guilty of violating that truism. Last week, we told you that drilling mud left in the ground from Energy Transfer’s Mariner East Pipeline project work near Marsh Creek State Park (Chester County, PA) had, more than three years after the work was completed, begun to leak out of the ground once again (see 
The radicalized environmental left does itself no favors with its antics and histrionics aimed at bullying public officials. Case in point: On Wednesday, Feb. 21, a small group of activists (six or seven) with Third Act Virginia were removed from Attorney General Jason Miyares’ office in Richmond after staging a sit-in. The wackos were there to deliver a petition to the AG demanding that he shut down work on the final 1% of Mountain Valley Pipeline (MVP). The AG and his staff refused to meet with the wackos, so they pitched a fit like two-year-olds and had to be removed.
The Bidenistas at the EPA announced last night the agency will delay, until AFTER the November election, implementing harsh new regulations aimed at closing down gas-fired power plants across the country. The unstated purpose is to remove this highly unpopular edict as a campaign issue so the bag of bones known as Joementia can try to get himself reelected. We suppose this is good news, as it means these regs will likely never get implemented for existing power plants — they will certainly be dropped in a DJT administration. Still, the threat looms over the industry, and nobody will build a new plant under these harsh regulations, which WILL apply to any new gas-fired power plant project effective immediately. So all work on new plants will stop forthwith. That’s the downside to the announcement.
Yesterday, the Biden White House announced it is nominating three new members to join the Federal Energy Regulatory Commission (FERC). There are supposed to be five commissioners, although the commission can still function with as few as three. Currently, there are three (two Democrats, one Republican), with one of the Dems, radical Allison Clements, leaving at the end of her term in June. Two active commissioners are not enough for a quorum to vote on important matters. So finally, after months and months of stalling, Joementia got around to nominating some new blood — two Dems and one Republican.
MARCELLUS/UTICA REGION: Natural gas revenues top $1B for the PA Game Commission; OTHER U.S. REGIONS: Geothermal startup raises $244 million to drill hot rocks in Utah; NATIONAL: Biden admin finalizes regs targeting clothes washers, dryers; NY AG sues world’s largest beef producer over methane emissions; The left needs to stop banning products and censoring honest criticism; INTERNATIONAL: U.S. remained largest LNG supplier to Europe in 2023; Sinking of the ‘Rubymar’ places enviros squarely in ME controversy.