27 New Shale Well Permits Issued for PA-OH-WV Jun 23 – 29
For the week of June 23 – 29, the number of permits issued to drill new wells in the Marcellus/Utica rose slightly from the previous week. There were 27 new permits issued across the three M-U states last week, up three from 24 issued two weeks ago. The Keystone State (PA) issued 10 new permits. Six of the ten permits went to EQT for a single pad in Greene County. Two permits were issued to Range Resources for a pad in Washington County. And one permit each was issued to Coterra Energy in Susquehanna County (in Dimock!), and Infinity Natural Resources in Indiana County. Read More “27 New Shale Well Permits Issued for PA-OH-WV Jun 23 – 29”

Quick! Somebody grab a tourniquet and tie it to the Baker Hughes U.S. rig count. The count has been hemorrhaging large numbers of rigs for 10 consecutive weeks. Last week (an early week with the count issued on Thursday), the U.S. rig count declined by another eight rigs to its lowest level since October 2021, ending the week at 539 active rigs. You have to go back to the dark days of the pandemic, July 2020, for the previous 10+ consecutive weeks of decline in the rig count. The Marcellus/Utica was clipped by one rig (in Pennsylvania), falling from a combined 36 to 35.
In April, MDN told you that EQT Corporation, the second-largest natural gas producer in the country (and the largest producer in the Marcellus/Utica) was buying out and merging in Olympus Energy for $1.8 billion (see
A kerfuffle has erupted in Morgan Township (Greene County), PA, between drilling and pipeline giant EQT Corporation and the town over the issue of hauling heavy equipment on Morgan’s roadways. Morgan supervisors prohibited EQT from using local town roads to haul heavy equipment to work sites. On June 18, EQT filed a lawsuit against the town, which the town is sure to lose (copy below). There is word that an agreement is already in the works to settle the dispute. 
The special court established in Pennsylvania to hear appeals of Department of Environmental Protection (DEP) decisions, known as the Environmental Hearing Board (EHB), didn’t please anyone with a decision it rendered several weeks ago. We previously reported that the EHB had ruled in favor of CNX Resources to allow two previously permitted wells to move forward with construction (see
Miracle of miracles, President Donald Trump’s One Big Beautiful Bill was passed and signed into law by the President last Friday. Somehow, the Republicans got out of their own way to unite and pass it. There’s lots NOT TO like about the bill, but there is also lots TO like. And remember, this is just the beginning. More bills (and Executive Orders) will come along. When the full effect of this bill begins to take hold and the economy soars and people are keeping more of their own money (less taxes), we predict not even the lying Democrats will be able to cover up the good news. The bill contains numerous provisions related to energy issues, including the oil and gas industry and the unreliable renewable energy sector. A significant portion of the bill focused on gutting President Autopen’s Green New Deal (also known as the Inflation Reduction Act). So, how will this bill (now a law) benefit the O&G sector?
OTHER U.S. REGIONS: Mamdani made anti-fossil fuels central to his “affordability” plan for NYC; Did Louisiana just become America’s first energy sanctuary state?; NATIONAL: US refiners rely on shale more than ever as heavy oil supplies dwindle; EPA puts on leave 139 employees who spoke out against policies under Trump; Trump fired head of Nuclear Regulatory Commission over a “conflict of visions”; It is time to hold the climate cabal accountable; INTERNATIONAL: US overtakes Russia as EU number two gas source; Oil slips as US plans Iran talks; The world’s biggest carbon emitters—and the story behind the numbers.