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Marcellus Drilling News
  • Bradford County | Crime | Energy Services | Eureka Resources | Industrywide Issues | Pennsylvania | Wastewater

    Eureka Resources Charged with 7 Crimes for PA Wastewater Leaks

    June 9, 2026June 9, 2026

    The troubles continue to pile up for Eureka Resources and its now-closed frack wastewater treatment facilities in Pennsylvania — two in Lycoming County and one in Bradford County. In March, the PA Department of Environmental Protection (DEP) assessed two fines against Eureka for violations of cleanup deadlines at two facilities, totaling $100,000 (see PA DEP Fines Eureka Resources $100K for Wastewater Violations). Eureka has not paid the fines, and the DEP has given the company 10 days to pay, “or else.” But that’s not all. PA Attorney General Dave Sunday recently filed seven criminal charges against Eurkea related to its now-closed facility in Bradford County. Read More “Eureka Resources Charged with 7 Crimes for PA Wastewater Leaks”

  • Anti-Drilling/Fossil Fuel | Broome County | Industrywide Issues | New York | Pipelines | Regulation

    EPA Admin. Zeldin Stops in Binghamton to Push for Constitution Pipe

    June 9, 2026June 9, 2026

    EPA Administrator Lee Zeldin visited Binghamton yesterday to advocate for reviving the long-stalled Constitution Pipeline, a proposed 125-mile natural gas project that would run from Susquehanna County in northeastern Pennsylvania through Broome, Chenango, Delaware, and Schoharie counties in New York. The pipeline was first proposed more than a decade ago. Zeldin argued that U.S. energy production is safer than in many other countries and said New York and New England should make greater use of domestic supplies. He also called for overturning New York’s statewide fracking ban, saying natural gas provides economic and environmental benefits and remains the state’s primary energy source. Read More “EPA Admin. Zeldin Stops in Binghamton to Push for Constitution Pipe”

  • Economic Impact | Industrywide Issues | Jobs | Ohio | Research | Statewide OH

    Ohio Utica Shale Attracted Another $2.9B Investment Jan-Jun 2025

    June 9, 2026June 9, 2026

    JobsOhio, a private, nonprofit corporation that works on behalf of the state to drive job creation and new capital investment in Ohio by attracting business, contracts its economic research to Cleveland State University (CSU) to monitor the Utica Shale industry. JobsOhio released the latest CSU twice-a-year report yesterday (full copy below). It shows that Ohio’s shale energy sector drew another $2.9 billion in direct investment between January and June 2025, pushing cumulative investment in the Utica since 2011 to nearly $117.5 billion. All private money! It’s massive. Read More “Ohio Utica Shale Attracted Another $2.9B Investment Jan-Jun 2025”

  • Industrywide Issues

    Stock for Major Marc. Royalty Owner WhiteHawk Begins Trading Today

    June 9, 2026June 9, 2026

    WhiteHawk Minerals (formerly WhiteHawk Energy), a natural gas mineral and royalty interest owner in the Marcellus and Haynesville plays, with over 3.4 million gross acres under lease for drilling, launched an initial public offering (IPO) two weeks ago (see Major Marcellus Landowner WhiteHawk Minerals Seeks $187M via IPO). WhiteHawk, headquartered in Philadelphia, sought a valuation of up to $701.2 million in its U.S. IPO, offering about 6.9 million shares at $25 to $27 per share to raise up to $187 million. The stock, running under the ticker WHK, is slated to begin trading on the New York Stock Exchange today. Read More “Stock for Major Marc. Royalty Owner WhiteHawk Begins Trading Today”

  • Coterra Energy (Cabot O&G) | Devon Energy | Energy Companies

    Devon Swaps Old Coterra Debt for New Debt in Financial Housekeeping

    June 9, 2026June 9, 2026

    In February, MDN brought you the big news that Devon Energy is buying out and merging with Coterra Energy, paying $21.4 billion in Devon stock (see Devon Energy Buying Coterra Energy for $21.4B in All-Stock Merger). The merger closed on May 7 (see Devon and Coterra Complete Merger, Launches $8B Buyback Program). Immediately after the merger was official, the new board of directors approved a plan to spend $8 billion by June 2029 to repurchase (buy back) shares of stock. And now Devon is pushing to clean up Coterra’s outstanding debt. Read More “Devon Swaps Old Coterra Debt for New Debt in Financial Housekeeping”

  • Commodity Price | Crude Oil | Industrywide Issues | Pipelines

    Low Permian NatGas Price Causes Some Oil Drillers to Shut In Wells

    June 9, 2026June 9, 2026

    Here’s a story that may, at first glance, seem to have nothing to do with the Marcellus/Utica. Au contraire! The story of what’s happening with Permian drillers has a great deal to do with the M-U region. Although MDN frequently refers to the Haynesville Shale as the #1 competitor to the M-U because both plays target natural gas as the primary hydrocarbon, would it surprise you to learn that the Permian basin is the #2 producer of natural gas behind the M-U? And it’s catching up. Permian Basin drillers are experiencing starkly contrasting fortunes, reaping historic profits from war-driven oil price rallies while facing negative regional natural gas prices due to severe pipeline bottlenecks. To curb financial losses from associated gas, major producers like Permian Resources and Devon Energy are shutting in wells, while others resort to flaring to maintain more profitable crude production. Read More “Low Permian NatGas Price Causes Some Oil Drillers to Shut In Wells”

  • Best of the Rest

    MDN’s Energy Stories of Interest: Tue, Jun 9, 2026

    June 9, 2026June 9, 2026

    OTHER U.S. REGIONS: New Jersey legislators “don’t want” energy jobs, vow to raise energy costs; Climate protesters arrested after using bodies, barrels to block Boston traffic; New York legislature passes data center moratorium; NATIONAL: U.S. natural gas futures pull back on weather outlook; Supreme Court overturns ruling on Biden-era furnace rules in win for natural gas groups; INTERNATIONAL: Oil climbs as Israel, Iran pause; OPEC+ decides to boost production in July; Fifth Qatari-controlled LNG tanker exits Hormuz Strait; Morgan Stanley sees LNG upside risks as Asian demand picks up. Read More “MDN’s Energy Stories of Interest: Tue, Jun 9, 2026”

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Most Recent Articles

  • Eureka Resources Charged with 7 Crimes for PA Wastewater Leaks
  • EPA Admin. Zeldin Stops in Binghamton to Push for Constitution Pipe
  • Ohio Utica Shale Attracted Another $2.9B Investment Jan-Jun 2025
  • Stock for Major Marc. Royalty Owner WhiteHawk Begins Trading Today
  • Devon Swaps Old Coterra Debt for New Debt in Financial Housekeeping
  • Low Permian NatGas Price Causes Some Oil Drillers to Shut In Wells
  • MDN’s Energy Stories of Interest: Tue, Jun 9, 2026
  • M-U Rigs Even @ 36; Haynesville Even @ 55; Nat’l Up 1 @ 563
  • PA DEP Issues Permit for 8-Mile Water Pipe for EQT Shale Drilling
  • PA’s Shale Impact Fee Benefits Every Corner of the State

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