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34 New Shale Well Permits Issued for PA-OH-WV Aug 19 – 25
For the week of August 19 – 25, a total of 34 permits were issued to drill new shale wells in Marcellus/Utica. The Keystone State (PA) had 16 new permits. PA’s top recipient was Chesapeake Energy, with six permits in Bradford County. Coterra Energy was a close second, with five new permits issued in neighboring Susquehanna County. The Buckeye State (OH) received 13 new permits, with Encino Energy (EAP) receiving eight and Ascent Resources five. OH’s permits were spread across Guernsey, Harrison, and Noble counties. Finally, the Mountain State (WV) received five new permits, all of them for Northeast Natural Energy in Monongalia County. Read More “34 New Shale Well Permits Issued for PA-OH-WV Aug 19 – 25”
CNX Resources released its first Radical Transparency™ assessment report yesterday. The initial results of nine months of continuous air emissions monitoring at natural gas well sites and compressor stations in southwestern Pennsylvania indicate that CNX natural gas development poses no public health risk. Period. The data is collected and disseminated to the public by an independent third-party contractor. This is objective, you-can’t-argue-with-it data shows CNX is not causing any kind of public health hazard. Big Green isn’t happy that their lying narratives are now countered by objective (truthful) data.
Last week, CNX Resources issued its second quarter 2024 update. The company lost $18.3 million in 2Q24, compared with making a profit of $475 million in 2Q23. This is quite a whack due to the low price of natural gas. Production was 134.0 Bcfe (billion cubic feet equivalent) in 2Q24 — which works out to 1.47 Bcfe/d — down from 134.2 Bcfe last year (statistically the same). On the bright side, management was excited about the early results of two deep Utica gas wells that were brought online last quarter.
Yesterday, CNX Resources filed a trade secret lawsuit in Pennsylvania federal court accusing a former employee of wrongfully using the company’s confidential business information to file patent applications in his own name. The company alleges the employee violated his contractual obligations to CNX and misappropriated CNX trade secrets for his own personal gain.
Three weeks ago, 31 new permits were issued to drill in the entire Marcellus/Utica region. Two weeks ago, the number dropped (dramatically) to just seven new permits. And then last week, the number of permits issued soared once again — all the way up to 46. Bam! We just kicked it up a notch. Seneca Resources took the top spot for new permits, receiving a total of nine permits, all in Tioga County, PA. Chesapeake Energy and Antero Resources tied for second place with seven new permits each, with Chessy’s permits coming in Bradford County, PA, and Antero’s in Doddridge County, WV. Coming in third was Jay-Bee Oil & Gas with six permits issued in Pleasants County, WV. State by state, PA issued 24 new permits, OH issued 9, and WV issued 13 permits.
While oil-focused and large diversified drillers in the U.S. made healthy profits during the first quarter of this year (January through March), such was not the case for natural gas-focused drillers. RBN Energy tracks 43 exploration and production (E&P) companies that are publicly traded and reports of those 43 that the 16 oil-focused and 15 diversified E&Ps were solidly profitable in 1Q24, earning $20.65/boe (barrels of oil equivalent) and $18.49/boe, respectively. However, the 12 gas-focused E&Ps were “under siege,” posting a loss of $1.65/boe.
Last November, CNX Resources CEO Nick Deiuliis signed a voluntary deal with Pennsylvania Gov. Josh Shapiro to expand drilling setbacks and several other regulatory steps not mandated for shale drillers under PA law (see 
It’s kind of interesting to watch how the left operates. Especially the left’s favored mouthpieces that pretend to be objective news media when, in fact, it is the opposite — they are partisan hacks serving the extremist wing of the Democrat Party. We’re referring to the “news” outlet Capital & Main, a hard-left propaganda outfit based in California. Their latest attack is against CNX Resources’ Vice President of External Relations, Brian Aiello. A recent Capital & Main article refers to Aiello, who is in upper management at CNX, as a “lobbyist” four different times to drive home and make stick an inaccurate label. It’s kind of funny, actually, coming from partisan hacks. We’re going to refer to C&M as partisan hacks a few more times, just to drive home the point. 🙂
Last week, MDN brought you the news that CNX Resources Corp., KeyState Energy, and Pittsburgh International Airport (PIT) are working together on a $1.5 billion project that, if completed, would make sustainable aviation fuel (SAF) at PIT from coal mine methane gas (see 
CNX Resources Corp., KeyState Energy, and Pittsburgh International Airport (PIT) are working together on a $1.5 billion project that, if completed, would make sustainable aviation fuel (SAF) at PIT from coal mine methane gas. But only if the Bidenistas deeply embedded in the IRS allow coal mine methane to qualify for green energy tax credits. That’s a really big IF. CNX and KeyState announced yesterday that the two companies signed a letter of intent (non-binding for now) to build a SAF facility at PIT to turn coal mine methane into hydrogen that would be used as aviation fuel.
Two of our favorite companies in the Marcellus/Utica, one a driller (CNX Resources) and the other an oilfield services company (Deep Well Services), have partnered in a joint venture, creating a new company called AutoSep Technologies. The new JV uses groundbreaking new technology developed in CNX’s New Technologies unit that targets flowback, the “junk” that comes out of the borehole for the initial month or two after a well is drilled and fracked. Flowback includes methane and other hydrocarbons, sand, water, and fracking chemicals. All of the junk needs to be cleared so the well can start producing clean gas or oil. CNX has found a way to clean the junk that captures the methane (doesn’t escape into the air), is cheaper than current methods, and (most importantly) is safer. The process is being patented.
CNX Resources has partnered with NuBlu Energy, an EPC (engineering, procurement, and construction) company, to introduce two exciting new solutions that use Marcellus/Utica gas — one solution for CNG (compressed natural gas) and the other for LNG (liquefied natural gas). The solutions are called ZeroHP CNG and Clean mLNG. Zero Horsepower (ZeroHP) CNG creates a decentralized CNG production market to meet better the growing demand for clean, affordable CNG energy. ZeroHP CNG eliminates the need for compressors to compress the CNG. How cool is that? As for LNG, a new low horsepower solution called Clean mLNG™ advances cost-effective and lower emissions production of small-scale LNG. We’re talking micro-scale LNG, making LNG available for just about anyone to use.
CNX Midstream, a subsidiary of CNX Resources, plans to construct two 13.9-mile-long, 24-inch-diameter steel natural gas pipelines and one approximately 3.9-mile-long, 20-inch-diameter high-density polyethylene (HDPE) permanent waterline in Westmoreland County, PA. The aim is to support new shale well drilling by CNX in the region. The reason we know about the project is from a notice by the Pennsylvania Dept. of Environmental Protection (DEP) in the weekly Pennsylvania Bulletin inviting the public to comment on a Chapter 105 Encroachments Permit for the proposed construction.