Gulfport Spending $100M to Lease More OH Land in Belmont, Monroe
Gulfport Energy is the third-largest driller in the Ohio Utica Shale (by the number of wells drilled). The company emerged from bankruptcy four years ago with a new board and new management in May 2021 (see Gulfport Energy Emerges from Bankruptcy w/New Board, CEO/CFO Gone). Later in 2021, the rumors began to swirl that Gulfport was looking to sell itself (see Big News: OH Utica Driller Gulfport Energy Looking to Sell Itself). Those rumors have long since expired. The company recovered and has done great since that time. Gulfport CEO John Reinhart said during yesterday’s quarterly update that the company is planning to spend up to $100 million in the coming months to lease more Utica acreage, primarily in Belmont but also a little in Monroe counties in Ohio. Read More “Gulfport Spending $100M to Lease More OH Land in Belmont, Monroe”

Something is clearly wrong in Pennsylvania. Over the past three years, PA has plugged a little over 300 old orphaned (no current owner) wells (see
Three members of the Pennsylvania State House of Representatives, Arvind Venkat (Democrat from Allegheny County), Elizabeth Fiedler (Democrat from Philadelphia), and Craig Williams (Republican from Delaware/Chester counties, Philly suburbs) are planning to introduce legislation to “establish regulatory clarity” to encourage the development of Enhanced Geothermal Systems in Pennsylvania. There’s a lot to unpack in that opening statement. First, this is a bipartisan effort. Second, they want to encourage more geothermal energy development in the state. When you understand that Enhanced Geothermal Systems (EGS) uses the same method of fracking used for natural gas and oil well drilling, it makes this bipartisan effort a real eye-opener.
What is it about progress and expanding the use of energy for that progress that “progressive” Democrats, like those at the FracTracker Alliance, hate so much? The same group of Dem radicals who have sought to block shale energy in the Keystone State (and beyond) for years has turned its sights on opposing new artificial intelligence (AI) data centers in Pennsylvania and beyond by launching an online mapping tool that shows where planned facilities will be located. Not only will data centers (and the gas-fired power plants that run them) pollute the atmosphere to be unbreathable (say the nutters), AI data centers are racist. Who knew?
PJM Interconnection is the electrical grid operator covering Pennsylvania, along with all or parts of 12 other states and the District of Columbia. For months, the Democrat governors of PJM states have been hammering PJM, blaming PJM for higher electricity prices, even though it is their own policies that are driving electricity prices higher (see 
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