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31 New Shale Well Permits Issued for PA-OH-WV Mar 10 – 16
For the week of Mar 10 – 16, the number of permits issued in the Marcellus/Utica to drill new shale wells increased by nine from the previous week. Last week, 31 new permits were issued, with 16 going to the Keystone State (PA). EQT (and its subsidiary Rice Drilling) scored nine permits across Fayette, Greene, and Washington counties in southwestern PA. Range Resources took five permits, all of them in Washington County. And Rev Resources received two permits in Tioga County. Read More “31 New Shale Well Permits Issued for PA-OH-WV Mar 10 – 16”
Epsilon Energy issued its fourth quarter and full-year 2024 update yesterday. Epsilon, a relatively small company, used to concentrate most of its effort on developing Marcellus Shale wells. However, over the past few years, the company has expanded into other plays and now owns assets in the Anadarko (Oklahoma and Texas), the Permian (Texas and New Mexico), and most recently, the Western Canadian Sedimentary Basin (in Alberta, Canada). Epsilon typically does not do its own drilling. The company joint venture partners with (gives money to) other companies, like Expand Energy in the Marcellus, and the other company does the drilling. Epsilon’s CFO, Andrew Williamson, began his comments on a conference call with investors by saying, “The tides have shifted in the Marcellus, and we’re off to a great start there in 2025.” 
The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling. On March 13, the SRBC board acted on 24 new water withdrawal requests within the basin, six of them approvals for water used in drilling and fracking shale wells in Pennsylvania. The Marcellus/Utica shale drillers receiving a green light from SRBC included Diversified Energy, EQT, JKLM, Repsol, and two requests for Expand Energy (under SWN or Southwestern Energy). 
The Allegheny Front, a leftwing “media” outfit in Western Pennsylvania (PBS reporters), published an article looking at how fracking has changed the “rural character” of Guernsey County, Ohio. The reporter took the recent start of drilling and fracking under Salt Fork State Park as an opportunity to write an article about the evils of fracking. Except, the reporter had this observation with respect to drilling happening right now under the park: “During a visit to Salt Fork State Park in December, there weren’t any visible signs of fracking. Of the few people who were there, two hunters said they didn’t know about fracking…” Exactly. 
U.S. liquefied natural gas (LNG) exporters plan to continue to monitor and curb their methane emissions despite President Trump’s plans to roll back EPA climate regulations (see 
Data centers and AI are in the news almost daily. The great issue of our time (which has developed over the past year or so) is that AI and data centers are huge customers for electricity. Every region of the country (particularly the Eastern Seaboard) struggles with how to meet the demand for more electricity. The existing grid can’t handle the coming increase in demand. Data centers would love to just “plug in” to the local grid, but given the speed with which they want to build these new facilities, that’s unrealistic. Building a new nuclear plant to power such facilities takes over a decade and billions of dollars. Building a new gas-fired power plant takes at least 2-3 years from start to finish (once permitting is issued). Is it possible to develop a new power source for data centers in two years? Indeed, there is… 
MARCELLUS/UTICA REGION: New York state’s natural gas and electricity dilemma; Utica Shale Academy embarks on $1.5M welding lab project to boost local workforce skills; Bucks County’s energy lawsuit hurts Pennsylvania; NATIONAL: The Biden LNG ‘pause’ deception; Oil executives talk permitting but not prices in Trump meeting; U.S. ethane production, consumption, and exports set new records in 2024; Shale producers face uncertain future despite the Trump agenda; INTERNATIONAL: Hydrogen is not the future of energy; Net zero – all pain for no climate gain; Oil prices likely to be lower in 2025.