22 New Shale Well Permits Issued for PA-OH-WV Apr 13 – 19
The Marcellus/Utica region received 22 new drilling permits last week, Apr. 13 – 19, down 15 from the 37 issued two weeks ago. Pennsylvania issued 11 of last week’s permits. Ohio issued no new permits. And West Virginia issued the other 11 new permits last week. The drillers who received new permits last week included: Antero Resources, Arsenal Resources, CNX Resources, EQT, Expand Energy, JKLM Energy, Range Resources, Repsol Oil & Gas, and Seneca Resources. Read More “22 New Shale Well Permits Issued for PA-OH-WV Apr 13 – 19”

The rumor mill is chattering once again. Bloomberg reports that Arsenal Resources, a private natural gas producer focused on the Marcellus Shale, is considering a potential sale of itself valued at approximately $1.5 billion. The company, owned by its creditors since emerging from bankruptcy in late 2019 (see
The Intermediate Court of Appeals of West Virginia vacated an order combining 58 oil and gas tracts into a Harrison County drilling unit, ruling that the state’s Oil and Gas Conservation Commission failed to provide sufficient findings of fact. The case involves the “JOsborn 213 Unit” operated by Arsenal Resources, which mineral rights owners claim failed to negotiate in good faith as required by law. The court found the Commission ignored conflicting testimony and provided only summary conclusions rather than a detailed analysis. Consequently, the case was remanded for further proceedings, requiring the Commission to properly evaluate all evidence and issue a new order.