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Marcellus Drilling News
  • Baker Hughes | Energy Services | Industrywide Issues | Ohio | Pennsylvania | Research | West Virginia

    M-U Rig Count Stays @ 39 for 5th Week; Nat’l Count Drops 2 @ 544

    January 12, 2026January 12, 2026

    The Marcellus/Utica rig count gained 1 rig five weeks ago in the Ohio Utica, bringing the total to 39 rigs. For the past five reports in a row, the M-U has maintained that count—the most rigs it has operated in more than a year. Pennsylvania has held at 18 active rigs for eight consecutive weeks. Ohio has operated 14 rigs for five straight weeks (its highest in over a year). And West Virginia maintained 7 rigs, which it has operated since May 30, 2025. There were 24 rigs targeting the Marcellus and 15 targeting the Utica. The national count lost 2 rigs last week, bringing the total to 544 active rigs. Read More “M-U Rig Count Stays @ 39 for 5th Week; Nat’l Count Drops 2 @ 544”

  • Energy Companies | EOG Resources | Ohio | Statewide OH

    EOG’s “Profound Shift” in Identity from Oil to Premier Gas Producer

    January 12, 2026January 12, 2026

    Last year, Houston-based EOG Resources acquired Encino Acquisition Partners for $5.6 billion, establishing the Utica Shale as a “third foundational play” alongside its Permian and Eagle Ford assets (see EOG Closes on $5.6B Purchase of Encino Assets in Ohio Utica). As the energy sector navigates a complex landscape of fluctuating oil prices and surging electricity demand, EOG Resources has officially entered 2026 with a strategy that signals a profound shift in its corporate identity. Using the Utica (and Eagle Ford), EOG is now positioning itself as a premier natural gas powerhouse. Read More “EOG’s “Profound Shift” in Identity from Oil to Premier Gas Producer”

  • Adams County | Bedford County | Enbridge | Energy Services | Industrywide Issues | Pennsylvania | Pipelines | Regulation | York County

    PA DEP Issues Permits for TETCO Appalachia to Market III Pipe

    January 12, 2026January 12, 2026

    Last summer, Texas Eastern Transmission Pipeline Company (aka TETCO, owned by Enbridge) filed to build the Appalachia to Market III Project, abbreviated A2M III (see TETCO Files Appalachia to Market III, Small Pipe Tweaks in PA). A2M III is designed to provide additional natural gas supply in Pennsylvania and the broader region to meet growing demand from utilities and industrial users for Marcellus gas. The A2M III Project will provide up to 32,000 dekatherms per day (32 MMcf/d) of additional firm natural gas transportation service from the Appalachian supply basin in Southwest Pennsylvania to meet the needs of two existing local distribution company customers in Pennsylvania and Delaware. Over the weekend, the Pennsylvania Department of Environmental Protection (DEP) published a notice that it has issued requested water quality permits and approvals for the project. Read More “PA DEP Issues Permits for TETCO Appalachia to Market III Pipe”

  • AI | Electrical Generation | Industrywide Issues

    Report: Data Centers Were 40% of PJM Capacity Costs in Last Auction

    January 12, 2026January 12, 2026

    Data center forecasts — beyond existing data centers — made up 45% of the $47.2 billion in capacity costs in PJM’s last three capacity auctions, according to a report by Monitoring Analytics, PJM’s so-called independent market monitor. Data center load accounted for $6.5 billion, or 40%, of the $16.4 billion in costs from the PJM Interconnection’s December capacity auction (the most recent auction). PJM’s market monitor directly and unequivocally blames new data centers for higher electricity prices, instead of putting the blame where it really belongs: On Democrat governors who have restricted new gas-fired power plants. Read More “Report: Data Centers Were 40% of PJM Capacity Costs in Last Auction”

  • Industrywide Issues | LDCs | Pipelines

    New Hampshire Towns Ticked Off New Homes Can’t Connect to NatGas

    January 12, 2026January 12, 2026
    NH Lakes Region in blue (click for larger version)

    New Hampshire’s Lakes Region faces a development crisis after Liberty Utilities paused new natural gas connections due to pipeline capacity limits and lack of natural gas. Municipalities like Franklin and Laconia were “blindsided” (but should not have been) by the moratorium, which threatens hundreds of planned housing units. The region’s outdated pipeline requires upgrades that could take seven years and cost tens of millions. While local officials worry the gas shortage will stall workforce housing, so-called clean energy advocates with a vested financial interest suggest this bottleneck is an opportunity to pivot toward electrification (and it allows them to make more money). They argue that high-efficiency, high-priced heat pumps offer a faster, more sustainable solution than waiting years for expensive and uncertain natural gas expansions. Read More “New Hampshire Towns Ticked Off New Homes Can’t Connect to NatGas”

  • Commodity Price | Industrywide Issues

    2025 U.S. NatGas Spot Prices Increased from 2024’s Record Low

    January 12, 2026January 12, 2026

    In 2025, U.S. natural gas prices at the Henry Hub averaged $3.52/MMBtu, representing a 56% increase from the inflation-adjusted record lows of 2024. This upward trend was fueled by rising LNG export capacity and intense winter heating demand, punctuated by late-year polar vortex events. Although record-high summer production and reduced electric power sector consumption moderated prices mid-year, regional volatility persisted. While most hubs saw increases, the Northeast experienced dramatic spikes due to pipeline constraints. Read More “2025 U.S. NatGas Spot Prices Increased from 2024’s Record Low”

  • Best of the Rest

    MDN’s Energy Stories of Interest: Mon, Jan 12, 2026 [FREE ACCESS]

    January 12, 2026January 12, 2026

    MARCELLUS/UTICA REGION: Vistra and Meta announce agreements to support nuclear plants in PJM; OTHER U.S. REGIONS: Texas oil, gas industry employed nearly 500k Texans in 2025; NATIONAL: U.S. natural gas falls on loose supply outlook; 30 pct of oil reserves might be consolidated under U.S. influence; Why don’t global lower tropospheric temps more closely track atmospheric CO2 levels?; Energy stocks enter 2026 on uneven ground after a surprising 2025; INTERNATIONAL: Iran turmoil pushes oil price to weekly gain; OPEC receives updated compensation plans from 4 countries; China’s gas growth casts a shadow over LNG demand; Why Canada is rethinking pipelines and rediscovering refineries. Read More “MDN’s Energy Stories of Interest: Mon, Jan 12, 2026 [FREE ACCESS]”

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