Gulfport Adds Extra Year of Inventory by Drilling Horseshoe Wells
Gulfport Energy is the third-largest driller in the Ohio Utica Shale (by the number of wells drilled). Gulfport released its first quarter 2026 update yesterday. The update was overshadowed by news that the company had hired former Expand Energy CEO Nick Dell’Osso as its new CEO (see Fired Expand CEO Nick Dell’Osso Becomes CEO of Gulfport Energy). However, yesterday’s quarterly update included important news, including news about Gulfport drilling its first two “horseshoe” wells. Read More “Gulfport Adds Extra Year of Inventory by Drilling Horseshoe Wells”
In April, MDN reported that anti-fossil fuel fanatics had not yet given up on trying to block construction of the Williams Northeast Supply Enhancement (NESE) pipeline, a $1 billion+ project designed to increase Transco pipeline capacity and flows of Marcellus gas heading into New York City and other northeastern markets. Even though there was an official groundbreaking ceremony at Brooklyn’s Floyd Bennett Field in New York City in April, antis are still doing their best to block this project. They pinned one of their last hopes on a relatively obscure state agency in New Jersey, pressuring it to refuse to issue a license for the project (see 
UGI Corporation’s UGI Energy Services and Prime Data Centers yesterday announced a strategic partnership to develop natural gas supply infrastructure in Pennsylvania’s northern tier for a proposed gas-fired power facility serving future hyperscale data center operations. Under the deal, UGIES will sell Prime some of its property while retaining about 15 billion cubic feet (Bcf) of underground storage capacity and related oil and gas rights. Prime’s gas demand is expected to exceed 100,000 dekatherms per day (100 MMcf/d) within three to five years. A major new customer for PA Marcellus gas! 
New research by the Commonwealth Foundation finds that Pennsylvania’s foolish pursuit of joining the Regional Greenhouse Gas Initiative (RGGI), a carbon tax scheme, led to a loss of $5 to $8 billion in energy sector investment over six years, stalling power projects and reducing electricity generation capacity. The state’s attempt to join RGGI, initiated by executive order under then-Governor Tom Wolf, was ultimately overturned by the courts and (eventually) by legislative action, citing it as an unconstitutional tax. Meanwhile, neighboring Ohio, not part of RGGI, saw an increase in energy projects, highlighting the differing regulatory environments. 
The European Union’s idiotic methane regulations begin in earnest next year. Domestic (European) oil, gas, and coal companies must monitor, measure, and report their emissions. The same restrictions will apply to energy imports from other countries, including imports from the U.S. (see 
NATIONAL: U.S. natural gas futures fall ahead of storage data; Alarmist fussing at NYT climate reporting; Rapid solar and wind growth sparks local backlash; INTERNATIONAL: Oil sinks on Iran peace proposal; Shipowners stay cautious on Hormuz despite peace deal hopes.