Antero Resources | Arsenal Resources | Ascent Resources | Belmont County | Bradford County | Chesapeake Energy | Coterra Energy (Cabot O&G) | Energy Companies | Marshall County | McKean County | Ohio | Pennsylvania | Ritchie County | Seneca Resources | Southwestern Energy | Susquehanna County | Taylor County | Tug Hill Operating | Weekly Permits | West Virginia
20 New Shale Well Permits Issued for PA-OH-WV Dec 5-11
Last week (Dec. 5-11), the number of permits issued to drill new shale wells in the Marcellus/Utica dropped by one to 20 from the prior week’s 21. Pennsylvania came back to life with 14 new permits. Ohio and West Virginia both issued just three new shale permits.
Read More “20 New Shale Well Permits Issued for PA-OH-WV Dec 5-11”
Ascent Resources, originally founded as American Energy Partners by gas legend Aubrey McClendon, is a privately-held company that focuses 100% on the Ohio Utica Shale. Ascent is Ohio’s largest natural gas producer (352,000 leased acres) and the 8th largest natural gas producer in the U.S. The company issued its third quarter update yesterday. Ascent averaged production of 2.34 Bcfe/d for the quarter, up significantly from the 1.98 Bcfe/d it averaged in 3Q21 (18% increase). Production was also up from the 1.97 Bcfe/d produced last quarter, 2Q22 (19% increase). Nearly all of Ascent’s production (94%) was natural gas, while the rest was oil and NGLs.