Ascent Resources

Ascent Resources | Energy Companies | Ohio | Statewide OH

Ascent 2Q Drilled 18 Wells, Produced 2 Bcfe/d, Made $467M Profit
August 8, 2025November 7, 2025

Ascent Resources, founded as American Energy Partners by gas legend Aubrey McClendon, is a privately held company focusing 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is Ohio’s largest natural gas producer and one of the largest natural gas producers in the U.S. The company issued its second quarter 2025 update yesterday. Net production for the quarter averaged 2,034 MMcfe/d (2.0 Bcfe/d), consisting of 1,738 MMcf/d of natural gas, 13,033 bbls/d of oil, and 36,385 bbls/d of natural gas liquids (NGLs), putting liquids at 15% of the overall production mix for the quarter. Read More “Ascent 2Q Drilled 18 Wells, Produced 2 Bcfe/d, Made $467M Profit”
Allegheny County | Antero Resources | Ascent Resources | Encino Energy | Energy Companies | EOG Resources | EQT Corp | Expand Energy | Greene County (PA) | Guernsey County | Gulfport Energy | Harrison County | Indiana County | INR/Infinity Natural Resources | Marion County | Monroe County | Noble County | Ohio | Pennsylvania | Range Resources Corp | Weekly Permits | West Virginia | Wetzel County | Wyoming County (PA)

17 New Shale Well Permits Issued for PA-OH-WV Jul 14 – 20
July 25, 2025July 25, 2025

For the week of July 14 – 20, the number of permits issued to drill new wells in the Marcellus/Utica decreased from the previous week. There were 17 new permits issued across the three M-U states last week, four fewer than the 21 issued two weeks ago. The Keystone State (PA) issued just four new permits. All were single permits. Range Resources received its permit for a well in Allegheny County. EQT got a permit for a well in Greene County. Infinity Natural Resources’ (INR) permit was in Indiana County. And Expand Energy’s permit was in Wyoming County. Read More “17 New Shale Well Permits Issued for PA-OH-WV Jul 14 – 20”
Ascent Resources | Energy Companies | ESG | Industrywide Issues

Ascent Resources Issues 2024 ESG Sustainability Report
July 24, 2025July 24, 2025

Ascent Resources, founded as American Energy Partners by Aubrey McClendon, a gas industry legend, is a privately held company that focuses 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. Yesterday, Ascent published its 2024 Sustainability Report, chronicling the company’s environmental, health and safety; social; and governance (ESG) efforts and accomplishments in 2024. Read More “Ascent Resources Issues 2024 ESG Sustainability Report”
Arsenal Resources | Ascent Resources | Beaver County | Carroll County | Columbiana County | Coterra Energy (Cabot O&G) | Encino Energy | Energy Companies | EOG Resources | Greylock Energy | Guernsey County | Harrison County | Harrison County | Ohio | Pennsylvania | Potter County | Range Resources Corp | Seneca Resources | Susquehanna County | Tioga County (PA) | Washington County | Weekly Permits | West Virginia

21 New Shale Well Permits Issued for PA-OH-WV Jul 7 – 13
July 18, 2025July 18, 2025

For the week of July 7 – 13, the number of permits issued to drill new wells in the Marcellus/Utica remained the same as the previous week. There were 21 new permits issued across the three M-U states last week. The Keystone State (PA) issued seven new permits. Range Resources secured three permits, spread across Beaver and Washington counties, in the southwestern part of the state. Seneca Resources received two permits in Tioga County, in the northeastern part of the state. Greylock Energy and Coterra Energy each received a single permit, in Potter and Susquehanna counties, respectively. Read More “21 New Shale Well Permits Issued for PA-OH-WV Jul 7 – 13”
Allegheny County | Armstrong County | Ascent Resources | BKV/Banpu | Energy Companies | EQT Corp | Expand Energy | Greene County (PA) | Guernsey County | Harrison County | Ohio | Ohio County | Olympus/Huntley & Huntley | Pennsylvania | Range Resources Corp | Snyder Brothers | Washington County | Weekly Permits | West Virginia | Wyoming County (PA)

21 New Shale Well Permits Issued for PA-OH-WV Jun 30 – Jul 6
July 11, 2025July 11, 2025

For the week of June 30 – July 6, the number of permits issued to drill new wells in the Marcellus/Utica decreased from the previous week, likely due to the July 4th holiday. There were 21 new permits issued across the three M-U states last week, down six from 27 issued two weeks ago. The Keystone State (PA) issued 13 new permits. EQT and its recently acquired Olympus Energy received a combined five permits scattered across three counties: Allegheny, Greene, and Washington. Snyder Brothers received four permits in Armstrong County. BKV scored three permits in Wyoming County. Range Resources received a single permit in Washington County. Read More “21 New Shale Well Permits Issued for PA-OH-WV Jun 30 – Jul 6”
Antero Resources | Arsenal Resources | Ascent Resources | Carroll County | Coterra Energy (Cabot O&G) | Encino Energy | Energy Companies | EOG Resources | EQT Corp | Greene County (PA) | Guernsey County | Harrison County | Harrison County | Indiana County | INR/Infinity Natural Resources | Marion County | Marion Natural Energy | Ohio | Pennsylvania | Range Resources Corp | Susquehanna County | Washington County | Weekly Permits | West Virginia | Wetzel County

27 New Shale Well Permits Issued for PA-OH-WV Jun 23 – 29
July 7, 2025July 7, 2025

For the week of June 23 – 29, the number of permits issued to drill new wells in the Marcellus/Utica rose slightly from the previous week. There were 27 new permits issued across the three M-U states last week, up three from 24 issued two weeks ago. The Keystone State (PA) issued 10 new permits. Six of the ten permits went to EQT for a single pad in Greene County. Two permits were issued to Range Resources for a pad in Washington County. And one permit each was issued to Coterra Energy in Susquehanna County (in Dimock!), and Infinity Natural Resources in Indiana County. Read More “27 New Shale Well Permits Issued for PA-OH-WV Jun 23 – 29”
Arsenal Resources | Ascent Resources | Belmont County | Energy Companies | EQT Corp | Greene County (PA) | Gulfport Energy | Harrison County | Harrison County | Marion County | Marion Natural Energy | Monroe County | Ohio | Pennsylvania | Seneca Resources | Sullivan County | Tioga County (PA) | Weekly Permits | West Virginia

21 New Shale Well Permits Issued for PA-OH-WV Jun 2 – 8
June 13, 2025June 13, 2025

For the week of Jun 2 – 8, the number of permits issued to drill new wells in the Marcellus/Utica fell from the previous week. There were 21 new permits issued across the three M-U states last week, down 14 from 35 issued two weeks ago. The Keystone State (PA) issued 11—half—of the new permits. Seneca Resources scored six permits for a single pad in Tioga County. EQT (under the name Rice Drilling) received four permits for two pads in Greene County. Sabre Energy received a single permit in Sullivan County. Read More “21 New Shale Well Permits Issued for PA-OH-WV Jun 2 – 8”
Antero Resources | Ascent Resources | Belmont County | BKV/Banpu | Butler County | Chesapeake Energy | Coterra Energy (Cabot O&G) | Encino Energy | Energy Companies | EQT Corp | Expand Energy | Greene County (PA) | Harrison County | Harrison County | Laurel Mountain Energy | Ohio | Pennsylvania | Repsol | Sullivan County | Susquehanna County | Tioga County (PA) | Washington County | Weekly Permits | West Virginia | Wyoming County (PA)

35 New Shale Well Permits Issued for PA-OH-WV May 26 – Jun 1
June 6, 2025June 6, 2025

For the week of May 26 – Jun 1, the number of permits issued to drill new wells in the Marcellus/Utica increased significantly from the previous week. There were 35 new permits issued across the three M-U states last week, up 11 from 24 two weeks ago. A whopping 27 new permits were issued in the Keystone State (PA) after issuing only four permits two weeks ago. EQT and its drilling subsidiary Rice Drilling received 10 permits, all of them in Greene County, spread across two pads. Spain-based Repsol received the second most permits, five, for a single pad in Tioga County. Read More “35 New Shale Well Permits Issued for PA-OH-WV May 26 – Jun 1”
Antero Resources | Ascent Resources | Belmont County | Butler County | Carroll County | CNX Resources | Elk County | Encino Energy | Energy Companies | Guernsey County | Marshall County | Ohio | PennEnergy Resources | Pennsylvania | Range Resources Corp | Seneca Resources | Tiburon Oil & Gas | Tioga County (PA) | Tyler County | Washington County | Weekly Permits | West Virginia

31 New Shale Well Permits Issued for PA-OH-WV May 12 – 18
May 23, 2025May 23, 2025

For the week of May 12 – 18, the number of permits issued to drill new wells in the Marcellus/Utica was up five from the previous week. Last week, 31 new permits were issued in the M-U. In the Keystone State (PA), seven new permits were issued. The top permittee was Range Resources, which was issued four permits in Washington County. Seneca Resources scored two permits in two different counties: Elk and Tioga. PennEnergy Resources received a single permit in Butler County. Read More “31 New Shale Well Permits Issued for PA-OH-WV May 12 – 18”
Ascent Resources | Energy Companies | Ohio | Statewide OH

Ascent 1Q Drilled 18 Wells, Produced 2 Bcfe/d, Lost $362 Million
May 19, 2025May 19, 2025

Ascent Resources, founded as American Energy Partners by gas legend Aubrey McClendon, is a privately held company focusing 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. The company issued its first quarter 2025 update on May 7. 1Q25 net production averaged 2,002 MMcfe/d (2.0 Bcfe/d), consisting of 1,680 MMcf/d of natural gas, 13,833 bbls/d of oil, and 39,789 bbls/d of natural gas liquids (NGLs), putting liquids at 16% of the overall production mix for the quarter. Read More “Ascent 1Q Drilled 18 Wells, Produced 2 Bcfe/d, Lost $362 Million”
Ascent Resources | Belmont County | Butler County | Carroll County | Coterra Energy (Cabot O&G) | Encino Energy | Energy Companies | EQT Corp | Expand Energy | Harrison County | Jefferson County (OH) | Lycoming County | Ohio | PennEnergy Resources | Pennsylvania | Seneca Resources | Southwestern Energy | Susquehanna County | Tioga County (PA) | Washington County | Weekly Permits

22 New Shale Well Permits Issued for PA-OH-WV Apr 27 – May 4
May 12, 2025May 12, 2025

For the week of April 28 – May 4, the number of permits issued to drill new wells in the Marcellus/Utica was down two from the previous week. Last week, 22 new permits were issued in the M-U. In the Keystone State (PA), 10 new permits were issued. The top permittee was NFG’s Seneca Resources, which had four permits in Tioga County. PennEnergy Resource received two permits in Butler County. Expand Energy (SWN) received two permits in Lycoming County. Finally, both Coterra Energy and EQT (Rice Drilling) received a single permit, in Susquehanna and Washington counties, respectively. Read More “22 New Shale Well Permits Issued for PA-OH-WV Apr 27 – May 4”
Allegheny County | Ascent Resources | Carroll County | Encino Energy | Energy Companies | EOG Resources | EQT Corp | Fayette County | Greene County (PA) | Jefferson County (OH) | Lycoming County | Noble County | Ohio | Olympus/Huntley & Huntley | Pennsylvania | Pennsylvania General Energy | Range Resources Corp | Seneca Resources | Tioga County (PA) | Washington County | Weekly Permits

33 New Shale Well Permits Issued for PA-OH-WV Apr 14 – 20
April 25, 2025April 25, 2025

Last week was another strong week for new permits issued to drill new shale wells in the Marcellus/Utica. For the week of April 14 – 20, the number of permits was down three from the previous week, but still very strong. Last week, 33 new permits were issued in the M-U. In the Keystone State (PA), 25 new permits were issued, a dramatic increase from five two weeks ago. The top permittee was Range Resources, with 10 permits, half of which were in Allegheny County and the other half in Washington County. Seneca Resources received six permits, all of which were in Tioga County. EQT and its subsidiary Rice Drilling also scored six permits, with four in Fayette County and two in Greene County. PA General Energy got two permits in Lycoming County, and Olympus Energy received one permit in Allegheny County. Read More “33 New Shale Well Permits Issued for PA-OH-WV Apr 14 – 20”
Ascent Resources | Belmont County | Campbell Oil & Gas | Energy Companies | EQT Corp | Greene County (PA) | Harrison County | Ohio | Pennsylvania | Seneca Resources | Tioga County (PA) | Weekly Permits | Westmoreland County

19 New Shale Well Permits Issued for PA-OH-WV Mar 24 – 30
April 4, 2025April 4, 2025

For the week of Mar 24 – 30, the number of permits issued in the Marcellus/Utica to drill new shale wells dropped by three from the previous week. Last week, 19 new permits were issued, with 15 going to the Keystone State (PA). Seneca Resources received the lion’s share, 13 of the 15 permits, all in Tioga County spread across three different pads. One permit was issued to EQT (Rice Drilling) in Greene County, and one was issued to Campbell Oil & Gas in Westmoreland County. Read More “19 New Shale Well Permits Issued for PA-OH-WV Mar 24 – 30”
Ascent Resources | Energy Companies | Ohio | Statewide OH

Utica Driller Ascent Resources Buying Back $25M of Common Units
April 2, 2025April 2, 2025

Ascent Resources, founded as American Energy Partners by gas legend Aubrey McClendon, is a privately held company focusing 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. Yesterday, the company announced a tender offer to repurchase up to $25 million of its common units, specifically Series A and Series B units, through an “unmodified reverse Dutch auction” with a price cap of $23.75 per unit. Why? Read More “Utica Driller Ascent Resources Buying Back $25M of Common Units”
Antero Resources | Ascent Resources | Chesapeake Energy | CNX Resources | Coterra Energy (Cabot O&G) | Energy Companies | EQT Corp | Gulfport Energy | Industrywide Issues | Range Resources Corp | Research | Seneca Resources

4Q Earnings for M-U Drillers Bounced Back After Down First 3 Qtrs
April 1, 2025April 1, 2025

The experts at RBN Energy track 38 exploration and production (E&P) companies to monitor financial and operational performance. In a recent blog post, RBN found the 10 gas-weighted E&Ps (all but one with significant operations in the Marcellus/Utica) experienced a rebound in earnings during Q4 2024 after a rough first three quarters of the year. Earnings for the 10 gas-weighted E&Ps averaged $3.02/boe (barrels of oil equivalent) in Q4 2024 after losses in Q2 and Q3 2024. Cash flow averaged $10.18/boe, 52% higher than the $6.71/boe generated in Q3 2024. Realized prices averaged nearly $18/boe in Q4 2024, 24% higher than the $14.52/boe recorded in Q3 2024. Things are looking up for M-U drillers. Read More “4Q Earnings for M-U Drillers Bounced Back After Down First 3 Qtrs”
Ascent Resources | Butler County | CNX Resources | Energy Companies | EOG Resources | Harrison County | Lycoming County | Monongalia County | Ohio | PennEnergy Resources | Pennsylvania | Pennsylvania General Energy | Range Resources Corp | Washington County | Weekly Permits | West Virginia

22 New Shale Well Permits Issued for PA-OH-WV Mar 17 – 23
March 28, 2025March 28, 2025

For the week of Mar 17 – 23, the number of permits issued in the Marcellus/Utica to drill new shale wells dropped by nine from the previous week. Last week, 22 new permits were issued, with 16 going to the Keystone State (PA). PennEnergy Resources took the lion’s share with 11 permits for a single pad in Butler County. PA General Energy received four permits for a single pad in Lycoming County. Range Resources got one new permit in Washington County. Read More “22 New Shale Well Permits Issued for PA-OH-WV Mar 17 – 23”