INR/Infinity Natural Resources

Antero Resources | Bradford County | Butler County | Carroll County | Energy Companies | EOG Resources | EQT Corp | Expand Energy | Guernsey County | Harrison County | INR/Infinity Natural Resources | Laurel Mountain Energy | Lycoming County | Ohio | Ohio County | Pennsylvania | Pennsylvania General Energy | Weekly Permits | West Virginia | Wetzel County

31 New Shale Well Permits Reported for PA-OH-WV Jun 22 – 28
July 2, 2026July 2, 2026

The Marcellus/Utica region received 31 new drilling permits last week, June 22 – 28, the very same number issued two weeks ago! Can’t remember the last time that happened. Last week, Pennsylvania issued just 5 new permits. Ohio issued 13 new permits. West Virginia also issued 13 new permits last week. The drillers who received new permits included: Antero Resources, EOG Resources, EQT, Expand Energy, Infinity Natural Resources, Laurel Mountain Energy, and Pennsylvania General Energy. Read More “31 New Shale Well Permits Reported for PA-OH-WV Jun 22 – 28”
Ascent Resources | Energy Companies | Grenadier Energy | Gulfport Energy | Industrywide Issues | INR/Infinity Natural Resources | Lease & Royalty Payments | Ohio | Regulation

Ohio Approves Leasing 15K More Acres of State Land for Fracking
June 30, 2026June 30, 2026

Yesterday, the Ohio Oil and Gas Land Management Commission (OGLMC) voted to open another 14,953 acres of publicly owned state land in eastern Ohio to safe fracking. At the same meeting, the OGLMC rejected applications to open about 8,000 acres of land in the same area for development, given the overlap between those parcels and some that were bid out. Anti-fossil fuel nutters showed up at the meeting and made asses of themselves, as they so often do. One anti (who should have been arrested and removed) shouted that the Commissioners should “jump off a bridge.” Sounds like a threat to us. Is anyone investigating? Read More “Ohio Approves Leasing 15K More Acres of State Land for Fracking”
Beaver County | Belmont County | Butler County | Energy Companies | EOG Resources | EQT Corp | Greene County (PA) | Gulfport Energy | INR/Infinity Natural Resources | JKLM Energy | LOLA Energy | Monongalia County | Noble County | Northeast Natural Energy | Ohio | Pennsylvania | Potter County | Sabre Energy | Sullivan County | Tuscarawas County | Weekly Permits | West Virginia

31 New Shale Well Permits Reported for PA-OH-WV Jun 15 – 21
June 26, 2026June 26, 2026

The Marcellus/Utica region received 31 new drilling permits last week, June 15 – 21, up from the pathetic 2 permits issued two weeks ago. However, not all 31 permits reported last week were issued last week. Ohio, which is increasingly tardy in updating its public reports, included permits in last week’s report that should have been in the previous week’s. Last week, Pennsylvania issued 18 permits. Ohio issued 9 new permits, all of which should have been reported two weeks ago. West Virginia issued 4 new permits last week. The drillers who received new permits included: EOG Resources, EQT, Gulfport Energy, Infinity Natural Resources, JKLM Energy, LOLA Energy, Northeast Natural Energy, PennEnergy Resources, and Sabre Energy. Read More “31 New Shale Well Permits Reported for PA-OH-WV Jun 15 – 21”
Energy Companies | INR/Infinity Natural Resources

INR 1Q “Pivotal” – Wells Jumped 1.5x to 395, Pipes to 250 Miles
May 14, 2026May 14, 2026

Infinity Natural Resources (INR) shared its first quarter 2026 update yesterday. CEO Zack Arnold said during an earnings call with analysts, “The first quarter was pivotal for Infinity.” How so? INR successfully closed the Antero, Ohio Utica acquisition in late February and added working interest in the company’s Pennsylvania assets through the Chase acquisition. These acquisitions immediately increased INR’s scale (dramatically) by boosting the company’s operated well count from 154 to 395 (more than 1.5 times) and by boosting its midstream system to over 250 miles of gathering and water pipelines. Read More “INR 1Q “Pivotal” – Wells Jumped 1.5x to 395, Pipes to 250 Miles”
Energy Companies | INR/Infinity Natural Resources

Infinity Natural Resources Appoints Scott McNeill to Board
April 14, 2026April 14, 2026

Infinity Natural Resources (INR), a pureplay driller focused on Appalachian shale—the Utica in eastern Ohio and the Marcellus (and Utica) in southwestern Pennsylvania—has appointed Scott McNeill to its Board of Directors. McNeill brings over two decades of experience in energy investment banking, capital markets, and operating leadership, having served as a CEO, CFO, and board member for both public and private energy companies. His background includes roles at Raymond James, RSP Permian, Switchback, and Black Mountain Sand. Infinity’s President and CEO, Zack Arnold, stated that McNeill’s expertise will be valuable as the company executes its strategy in the Appalachian Basin, focusing on the Utica and Marcellus Shales. Read More “Infinity Natural Resources Appoints Scott McNeill to Board”
Energy Companies | INR/Infinity Natural Resources

Infinity Floats $550M in 5-Year IOUs to Free Up Line of Credit
March 18, 2026March 18, 2026

We spotted a pair of press releases from M-U driller Infinity Natural Resources (INR), with the first announcing the company is floating $500 million in “senior notes” (IOUs) due in 2031, and the second, issued a short time later, revising the amount to $550 million (because of strong demand). What does it mean? Is this somehow tied to the company’s recent purchase of Antero Resources’ Ohio Utica assets (see INR & NOG Close on Purchase of Antero’s Ohio Utica Assets for $1.2B)? We did some digging and have some answers. Read More “Infinity Floats $550M in 5-Year IOUs to Free Up Line of Credit”
Energy Companies | INR/Infinity Natural Resources

Infinity Natural Resources Targets 70% Growth in 2026 Outlook
March 12, 2026March 12, 2026

In its 2025 year-end results released yesterday, Infinity Natural Resources (INR) provided a bullish outlook for the coming year. The company, which focuses solely on the Marcellus/Utica, is targeting roughly 70% year-over-year production growth, fueled by the integration of the Ohio Utica assets it recently acquired from Antero (see INR & NOG Close on Purchase of Antero’s Ohio Utica Assets for $1.2B). INR plans to run two rigs through 2026, with a specific focus on the “volatile oil window” of the Utica and dry gas Marcellus in Pennsylvania. Read More “Infinity Natural Resources Targets 70% Growth in 2026 Outlook”
Antero Resources | Arsenal Resources | Ascent Resources | Doddridge County | Energy Companies | Gulfport Energy | Harrison County | Indiana County | INR/Infinity Natural Resources | Monroe County | Noble County | Ohio | Pennsylvania | Weekly Permits | West Virginia

17 New Shale Well Permits Issued for PA-OH-WV Feb 16 – 22
February 27, 2026February 27, 2026

The Marcellus/Utica region received a combined 17 new drilling permits last week, Feb. 16 – 22, way down (by 26) from the 43 permits issued two weeks ago. To be fair, 43 permits was one of the highest in recent months, so a slide was expected. What wasn’t expected was that Pennsylvania issued just a single (1) new permit. Ohio issued 8 permits, and West Virginia issued 8 as well. The drillers receiving new permits last week included: Antero Resources, Arsenal Resources, Ascent Resources, Gulfport Energy, and Infinity Natural Resources. Read More “17 New Shale Well Permits Issued for PA-OH-WV Feb 16 – 22”
Antero Resources | Belmont County | Energy Companies | Guernsey County | Harrison County | Industrywide Issues | INR/Infinity Natural Resources | M&A | Northern Oil & Gas | Ohio

INR & NOG Close on Purchase of Antero’s Ohio Utica Assets for $1.2B
February 24, 2026February 24, 2026

In December, Antero Resources announced a deal to sell its Ohio Utica assets to a partnership of Northern Oil & Gas (NOG) and Infinity Natural Resources (INR) for $1.2 billion in cash (see NOG & INR Partner to Buy Antero Resources’ Ohio Utica for $1.2B). The deal includes 71,000 net acres concentrated in Ohio’s Guernsey, Belmont, and Harrison counties, producing 133 MMcfe/d (81% gas, 19% liquids) from 255 laterals. The midstream (pipeline) part of the deal includes approximately 141 miles of wholly owned midstream gathering lines and approximately 90 miles of water lines. As of yesterday, the deal closed. INR now operates those assets. Read More “INR & NOG Close on Purchase of Antero’s Ohio Utica Assets for $1.2B”
Antero Resources | Arsenal Resources | Ascent Resources | Butler County | Coterra Energy (Cabot O&G) | Doddridge County | Energy Companies | Guernsey County | Harrison County | Harrison County | HG Energy | Indiana County | INR/Infinity Natural Resources | JKLM Energy | Lewis County | Ohio | PennEnergy Resources | Pennsylvania | Ritchie County | Susquehanna County | Tioga County (PA) | Weekly Permits | West Virginia

43 New Shale Well Permits Issued for PA-OH-WV Feb 9 – 15
February 20, 2026February 20, 2026

The Marcellus/Utica region received a combined 43 new drilling permits last week, Feb. 9 – 15, up 19 from the permits issued two weeks ago. The most recent high in permits (going back at least a year) occurred during the first week of December, when 60 new permits were issued (see 60 New Shale Well Permits Issued for PA-OH-WV Dec 1 – 7). A week with 43 permits is also significant, indicating an increase in drilling activity. Pennsylvania issued 25 new permits, Ohio issued 7, and West Virginia issued 11. The drillers receiving new permits last week included: Antero Resources, Arsenal Resources, Ascent Resources, Coterra Energy, HG Energy, Infinity Natural Resources, JKLM Energy, and PennEnergy Resources. Read More “43 New Shale Well Permits Issued for PA-OH-WV Feb 9 – 15”
Antero Resources | Belmont County | Energy Companies | Guernsey County | Harrison County | Industrywide Issues | INR/Infinity Natural Resources | M&A | Northern Oil & Gas | Ohio

NOG & INR Adjust Ownership Split of Antero’s Ohio Utica Assets
February 20, 2026February 20, 2026

In December, Antero Resources announced a deal to sell its Ohio Utica assets to a partnership of Northern Oil & Gas (NOG) and Infinity Natural Resources (INR) for $1.2 billion in cash (see NOG & INR Partner to Buy Antero Resources’ Ohio Utica for $1.2B). The deal includes 71,000 net acres concentrated in Ohio’s Guernsey, Belmont, and Harrison counties, producing 133 MMcfe/d (81% gas, 19% liquids) from 255 laterals. The midstream (pipeline) part of the deal includes approximately 141 miles of wholly owned midstream gathering lines and approximately 90 miles of water lines. Yesterday, NOG and INR announced that they are tweaking the arrangement, with INR boosting its ownership share in the deal from 51% to 60%. Read More “NOG & INR Adjust Ownership Split of Antero’s Ohio Utica Assets”
Armstrong County | Energy Companies | Indiana County | INR/Infinity Natural Resources | Pennsylvania

Infinity Buys Out PA Shale Well Co-Investor for $36M Using Co. Stock
January 21, 2026January 21, 2026

Infinity Natural Resources, Inc. announced yesterday that it has acquired Chase Oil Corporation’s working interest in Infinity’s South Bend field in Pennsylvania in an all-stock transaction valued at approximately $36 million. The assets are located in Armstrong and Indiana counties. The transaction has an effective date of January 1, 2026, and represents the company’s first use of stock currency to execute its post-IPO growth strategy. Infinity is in the process of buying Antero Resources’ Ohio Utica assets (see NOG & INR Partner to Buy Antero Resources’ Ohio Utica for $1.2B). On the surface, the Infinity press release is a standard announcement about a relatively small acquisition. However, for investors and industry observers (like MDN readers), it signals several specific strategic moves “between the lines”… Read More “Infinity Buys Out PA Shale Well Co-Investor for $36M Using Co. Stock”
Antero Resources | Columbiana County | Energy Companies | EOG Resources | EQT Corp | Greene County (PA) | Hilcorp Energy | Indiana County | INR/Infinity Natural Resources | Ohio | Pennsylvania | Range Resources Corp | Tuscarawas County | Tyler County | Washington County | Weekly Permits | West Virginia

26 New Shale Well Permits Issued for PA-OH-WV Dec 22 – 28
January 5, 2026January 5, 2026

The combined number of new permits issued to drill shale wells across the Marcellus/Utica region was 26 for the week of Dec. 22 – 28, more than double the 12 issued two weeks ago. Pennsylvania issued 15 new permits, Ohio issued 6, and West Virginia issued 5. Among the companies receiving new permits were Antero, EOG, EQT, Hilcorp, INR, and Range Resources. Read More “26 New Shale Well Permits Issued for PA-OH-WV Dec 22 – 28”
Antero Resources | Belmont County | Energy Companies | Guernsey County | Harrison County | Industrywide Issues | INR/Infinity Natural Resources | M&A | Northern Oil & Gas | Ohio

NOG & INR Partner to Buy Antero Resources’ Ohio Utica for $1.2B
December 8, 2025December 22, 2025

The second round of big news coming from Antero Resources today is the sale of the company’s Utica Shale assets. We told you in November that Antero, the largest Marcellus/Utica (M-U) driller in West Virginia, officially began to market its Ohio Utica assets for sale (see Antero Returns to Dry Gas Drilling; Confirms Ohio Utica for Sale). They found a buyer (actually, buyers). Northern Oil and Gas, Inc. (NOG), a company that invests in non-operated oil and gas assets (they let others do the drilling), and Marcellus/Utica driller Infinity Natural Resources (INR) announced a partnership to purchase the Ohio Utica assets of Antero Resources Corporation and Antero Midstream Corporation for a combined purchase price of $1.2 billion in cash. Read More “NOG & INR Partner to Buy Antero Resources’ Ohio Utica for $1.2B”
Boardwalk Pipeline Partners | Energy Companies | Energy Services | Expand Energy | INR/Infinity Natural Resources | PennEnergy Resources | Seneca Resources

All Signs Point to an Increase in M-U Production Coming in 2026
November 25, 2025November 25, 2025

Regional and national indicators are driving optimism in the Marcellus/Utica Basin, which currently supplies 31% of U.S. natural gas. Despite recent constraints from low prices and limited pipeline capacity, drillers like Infinity Natural Resources and Expand Energy now predict significant output growth coming in the new year. This resurgence is fueled by surging in-basin demand from AI data centers, major power plant conversions in Pennsylvania, and improved takeaway prospects, such as Boardwalk’s proposed Borealis pipeline to the Gulf Coast (see Texas Gas Project to Build ~180 Miles of Greenfield Pipe in OH Utica). By leveraging AI-driven drilling efficiencies and accelerating deep Utica development, companies are aggressively expanding to meet rising local and national energy demand. Read More “All Signs Point to an Increase in M-U Production Coming in 2026”
Armstrong County | Arsenal Resources | Ascent Resources | Beech Resources | Belmont County | Bradford County | Energy Companies | EQT Corp | Expand Energy | Gulfport Energy | Harrison County | Indiana County | INR/Infinity Natural Resources | Lycoming County | Ohio | Pennsylvania | Seneca Resources | Snyder Brothers | Taylor County | Tioga County (PA) | Weekly Permits | West Virginia | Westmoreland County | Wetzel County | XPR Resources

31 New Shale Well Permits Issued for PA-OH-WV Nov 10 – 16
November 21, 2025November 21, 2025

Back into the 30s! The number of new permits issued in the Marcellus/Utica last week was 31, after being 24 the week before. Over the past five weeks (including last week), the number of new permits issued has been 37, 39, 37, 24, and 31, respectively. Not bad at all. Pennsylvania issued 14 new permits last week, down from 16 the prior week. Ohio issued 5 new permits, down from 6 the prior week. West Virginia, which issued no new permits two weeks ago, soared, issuing 12 permits last week. Read More “31 New Shale Well Permits Issued for PA-OH-WV Nov 10 – 16”