Amanda Finn Elected Chairperson of Ohio Oil & Gas Association
Amanda Finn is Director of External Affairs at Ascent Resources, Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. Finn was just elected the 38th Chair of the Board for the Ohio Oil & Gas Association (OOGA). She is blazing a trail. In all of OOGA’s 75-year history, Finn is (1) the youngest individual to serve as Chair, (2) the first female to serve in that role, and (3) the first person representing a shale operator to serve in that role. That’s quite a list! Very impressive.
Read More “Amanda Finn Elected Chairperson of Ohio Oil & Gas Association”
New shale permits issued for Jan. 2-8 in the Marcellus/Utica included 14 new permits in Pennsylvania, 8 new permits in Ohio, and just 1 new permit in West Virginia. The top recipient of permits for last week was Apex Energy, grabbing 6 permits to drill on a single pad in Westmoreland County, PA. Right behind Apex was Coterra Energy with 5 permits to drill on a single pad in Susquehanna County, PA. Opposite sides of the state.
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.