Fired Expand CEO Nick Dell’Osso Becomes CEO of Gulfport Energy
In early February, Expand Energy announced it is moving its corporate headquarters from Oklahoma City, OK, to Houston, TX. That was the headline and lead in the announcement. And oh, by the way, the company’s very successful CEO, the guy who guided the merger of Chesapeake Energy with Southwestern Energy and has made the resulting Expand Energy *the largest* natural gas producer in the country, Nick Dell’Osso, had “stepped down” effective immediately (see Earthquake at Expand Energy: CEO Nick Dell’Osso Fired by the Board). Old Saint Nick landed on his feet. Gulfport Energy announced yesterday that Nick has been appointed President and Chief Executive Officer of Gulfport, effective May 28, 2026. Read More “Fired Expand CEO Nick Dell’Osso Becomes CEO of Gulfport Energy”
The Marcellus/Utica region received 12 new drilling permits last week, Apr. 20 – 26, down 10 from the 22 permits issued two weeks ago. Pennsylvania issued all 12 of last week’s permits. Neither Ohio nor West Virginia issued any new permits. What a disappointment! The drillers who received new permits in PA last week included: Expand Energy, PennEnergy Resources, and Snyder Brothers. 
Expand Energy turned in its first quarter 2026 update yesterday. Across all of its operations in the Marcellus/Utica and the Haynesville, Expand operated an average of 13 rigs during the first quarter, drilling 60 wells and turning 49 wells in line, resulting in net production of approximately 7.44 Bcfe/d (93% natural gas). In 2026, Expand Energy expects to run 11 to 12 rigs and invest approximately $2.85 billion, yielding an estimated daily production of approximately 7.5 Bcfe/d. We have a detailed breakdown below of how much of that activity is in the M-U. The Expand board fired its successful CEO, Nick Dell’Osso, in February (see 
The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its dysfunctional and irresponsible counterpart, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals and consumptive use requests for responsible, safe shale drilling. The SRBC published a notice in the April 25th Pennsylvania Bulletin that the Executive Director of the SRBC approved and/or renewed 46 general water use permits in March for individual shale gas well drilling pads in Bradford, Clinton, Elk, Lycoming, Sullivan, Susquehanna, Tioga, and Wyoming counties. 
We believe this is the end of the legal road for the Briggs family’s lawsuit against Southwestern Energy (now part of Expand Energy) in a case that centers on whether hydraulic fracturing constitutes a trespass if it forces gas from a neighbor’s property, even if no fluid enters that neighbor’s specific property layer. In January 2020, the Pennsylvania Supreme Court ruled in favor of Southwestern, retaining the “rule of capture” in the Keystone State (see 
Epsilon Energy, a relatively small company, used to concentrate most of its effort on developing Marcellus Shale wells. However, over the past few years, the company has expanded into other plays and now owns assets in the Anadarko (Oklahoma), the Permian (Texas), the Powder River Basin (Wyoming), and the Western Canadian Sedimentary Basin (in Alberta, Canada). In the Marcellus, Epsilon does not do its own drilling. It is a joint venture partner with (gives money to) Expand Energy, and Expand does the drilling in the Marcellus. Epsilon issued its latest quarterly update yesterday, discussing what’s on the docket for 2026. And, what’s on the docket is that Expand plans to drill five new wells this year on Epsilon’s leased acreage in northeast Pennsylvania. 
Expand Energy and EQT Corporation are bypassing traditional gas-trading middlemen to capture higher profits by selling natural gas directly to end users. Expand has increased its marketing team and relocated to Houston to secure regional supply deals with utilities and manufacturers, using its production data for a competitive edge. Simultaneously, EQT is pursuing long-term contracts with power plants and LNG exporters to reclaim margins once held by intermediaries. 
Thanks to the work of David Hess at the PA Environment Digest Blog in tracking Department of Environmental Protection (DEP) notices published in the Pennsylvania Bulletin, we spotted three new water pipeline projects related to drilling new shale wells in three different northeastern PA counties: Lycoming, Bradford, and Wyoming. Water is used for fracking. New water pipelines mean new fracking is on the way in those locations. 
Yesterday, Expand Energy and Evolution Well Services announced a new agreement to deploy Evolution’s 100% electric hydraulic fracturing technology (e-fracking) in Expand’s Northeast Appalachia (northeast Pennsylvania) drilling program. Evolution, headquartered in Houston with a regional office in Pittsburgh, specializes in “electric” fracking — using natural gas from the well pad (instead of diesel) to power turbines that generate electricity to drive fracking pumps. We’ve written about Evolution’s e-fracking work in the Marcellus/Utica for years (