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WV Driller NNE 1st in Nation to Achieve Equitable Origin Gas Cert

In April of this year, Northeast Natural Energy (NNE), a West Virginia driller, announced it had enrolled itself in both the Equitable Origin and MiQ certification programs to prove the natural gas it produces is “responsibly sourced gas” (see WV Driller NNE Adopts Green Gas Certification Used by EQT). Yesterday NNE announced all of its gas produced in West Virginia has achieved Equitable Origin’s EO100™ Standard for Responsible Energy Development. It is the first driller in the country to obtain the EO certification.
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9 New Shale Well Permits Issued for PA-OH-WV Oct 25-31

It was a pretty paltry week for new shale drilling permits in the Marcellus/Utica. Two weeks ago Pennsylvania issued 21 permits to drill new shale wells. They must have shot their wad because last week PA issued just two new permits–the lowest number in PA we’ve seen in…we can’t remember how long. Ohio issued no new permits for Utica drilling last week…zero…goose egg. Only West Virginia held out some promise, issuing seven new permits for shale drilling last week.
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Top 10 Natural Gas & Top 10 Oil Producers in West Virginia for 2020

The Gas and Oil Association of West Virginia (GO-WV) released a new report yesterday called “Gas Facts” (full copy below). The report chronicles the impact oil and gas has had on the Mountain State over the past five years. According to Charlie Burd, GO-WV executive director, “Natural gas is the state’s top-paying sector, supporting more than 82,000 jobs and contributing roughly $5.2 billion in wages each year. Clean, abundant natural gas will continue to drive economic growth and opportunities for generations of West Virginians.” It’s an interesting report. One thing in the report caught our eye immediately: Two “top 10” lists for gas and oil production. We’re suckers for a good top 10 list…
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Weekly Shale Drilling Permits for PA, OH, WV: Sep 13-19

A nice bump up (finally) in the number of permits to drill new shale wells in the M-U, although it’s a lot of wells for a relatively few well pads. Pennsylvania issued 19 new permits across five pads in both the northeast and southwest portion of the play, including 8 permits for a single Cabot Oil & Gas pad in Susquehanna County. Ohio issued just 3 new permits, all to Encino Energy for a single pad in Carroll County. And West Virginia issued a surprisingly high 18 permits to two drillers on three pads in two counties: Marshall and Monongalia.
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Weekly Shale Drilling Permits for PA, OH, WV: May 10-16

All three M-U states received permits to drill new shale wells last week. Pennsylvania received a sizable 14 new permits (after receiving 18 permits the previous week). The majority of those permits were for wells on three pads in northeastern PA. Ohio received 3 new permits last week all in one county (Greene) for one driller (Eclipse, now owned by Southwestern Energy) on one well pad. And West Virginia received a sizable 13 new permits with 9 of them split between two well pads for different drillers (Northeast Natural Energy and Tug Hill).
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WV Driller NNE Adopts Green Gas Certification Used by EQT

It seems that EQT is a trendsetter. In January EQT announced it would partner with a Denver, CO company calling itself “Project Canary” to run a test on two of its shale gas pads, to prove the natural gas produces is “certified responsibly sourced.” A few weeks ago Chesapeake Energy said it would also use Project Canary (see Chesapeake Signs Up with “Responsibly Sourced Gas” Program). Then EQT said it would use two more programs–Equitable Origin and MiQ–to certify most of its gas (see EQT Goes All-in with NatGas Certification – Using Combo of Standards). Now Northeast Natural Energy (NNE), a West Virginia driller, says it too will use Equitable Origin and MiQ.
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Weekly Shale Drilling Permits for PA, OH, WV: Apr 19-23

All three M-U states received permits to drill new shale wells last week. Pennsylvania received a 6 new permits, most of them in the southwestern part of the state. Ohio received 4 new permits last week, all of them for Ascent Resources on the same Guernsey County pad. And West Virginia received 6 new permits split between CNX Resources and Northeast Natural Energy, all in one county: Monongalia.
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Weekly Shale Drilling Permits for PA, OH, WV: Mar 1-5

All three M-U states received permits to drill new shale wells last week. Pennsylvania received 9 new permits, with 5 of those permits going to Cabot Oil & Gas and their drilling program in Susquehanna County. Ohio received 4 new permits, all for the same company (Encino Energy) in the same county (Harrison) on the same well pad. And West Virginia received 3 new permits, all for the same company (Northeast Natural Energy) in the same county (Monongalia) on the same well pad.
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Weekly Shale Drilling Permits for PA, OH, WV: Nov 30-Dec 4

Last week Pennsylvania issued just 3 new shale well drilling permits–all for Cabot Oil & Gas in Susquehanna County. Ohio issued 5 new permits, with 4 of the 5 issued to Ascent Resources. And West Virginia issued 3 new shale well permits.
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Northeast Natural Energy Gets $65M Investment for More Drilling

Northeast Natural Energy (NNE) is a small-to-midsized driller headquartered in Morgantown, WV. The company drilled its first shale well in 2013. NNE currently owns 49,000 acres of leases “in the heart of the Marcellus Fairway,” operating 27 Marcellus wells and over 100 conventional oil and gas wells, mainly in West Virginia (with some located in southwestern Pennsylvania). In April 2017 MDN reported that NNE had obtained $300 million of investment from two investment firms (see WV Driller Northeast Natural Energy Gets $300M Investment). This week the company announced it has received another $65 million to help fund more drilling and lease acquisitions.
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Weekly Shale Drilling Permits for PA, OH, WV: Oct. 26-30

Last week Pennsylvania issued 16 new shale well drilling permits, and West Virginia issued 7 new shale well permits. Ohio issued no new shale permits last week.
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Northeast Natural Energy Settles $7.9M Lawsuit with PA Landowners

Last November MDN told you that Northeast Natural Energy, a small-to-midsized driller headquartered in Morgantown, WV, had lost an arbitration battle and owed a group of landowners in central Pennsylvania $7.9 million in payments for NOT drilling on their land (see Fed Judge: Northeast Natural Energy Owes $7.9M to PA Landowners). NNE continued to fight the arbitrated settlement–until Monday. Apparently both sides have agreed on a new settlement.
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Fed Judge: Northeast Natural Energy Owes $7.9M to PA Landowners

Northeast Natural Energy (NNE) is a small-to-midsized driller headquartered in Morgantown, WV. It’s a young company, drilling its first shale well in 2013. In April 2017 MDN reported that NNE had obtained $300 million of investment from two investment firms (see WV Driller Northeast Natural Energy Gets $300M Investment). NNE currently owns 49,000 acres of leases “in the heart of the Marcellus Fairway,” operating 27 Marcellus wells and over 100 conventional oil and gas wells, mainly in West Virginia with some located in southwestern Pennsylvania.
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WV Driller Northeast Natural Energy Grows – Fracking Petri Dish

Northeast Natural Energy (NNE) is a small-to-midsized driller headquartered in Morgantown, WV. It’s a young company, drilling its first shale well in 2013. In April 2017 MDN reported that NNE had obtained $300 million of investment from two investment firms (see WV Driller Northeast Natural Energy Gets $300M Investment). They’ve put the money to good use. NNE owns 56,000 acres of leases “in the heart of the Marcellus Fairway,” with 44,000 acres in WV and 12,000 acres in southwestern PA. The company has drilled and brought online 57 shale wells. By this time next year the company expects that number to be nearly 100. One of the most interesting things about NNE is its involvement with government and university researchers. NNE drilled several test shale wells near Morgantown. The wells are part of an ongoing laboratory experiment that measures and pokes and prods everything, in an effort to learn more about shale drilling and its impacts. NNE’s test wells are a sort of living fracking petri dish. Reams of data pour in and get analyzed. Our friends at Kallanish Energy have done a deep dive into NNE. Here is a portion of their insightful report on this young and growing driller…
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News from DUG East: Record-Breaking Wells, Long Laterals & More

One of two major Marcellus/Utica events that happens each year in Pittsburgh, Hart Energy’s DUG East Conference, was held this week. (The other is Shale Insight, held in the fall.) We’ve covered a variety of news coming out of the DUG East event. Unfortunately we could not be there in person this year. By all accounts, a lot of great information was shared. We spotted two articles from different sources that do a good job of rounding up highlights from this week’s DUG. Hart’s own Exploration & Production magazine chronicles news from Eclipse Resources, whose CEO (Ben Hulburt) says the company expects to break more lateral records this year. Dennis Degner from Range Resources also talked about long laterals, and strategy. Degner said Range balances other factors like pipeline takeaway capacity and service costs. Also appearing on the stage were smaller/private M-U operators, like Northeast Natural Energy, who also shared some great insights. Below is a good roundup of the news coming from DUG this week, from a couple of sources…
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WV Driller Northeast Natural Energy Gets $300M Investment

Northeast Natural Energy (NNE) is a midsize driller headquartered in Morgantown, WV. NNE owns 49,000 net acres of leases “in the heart of the Marcellus Fairway,” and operates 27 Marcellus wells and over 100 conventional oil and gas wells. In 2011 NNE fought Morgantown for the right to drill a couple of wells just outside the city limits (see our stories here). NNE won that fight. Yesterday two investment firms–Trioloma EIG Energy Income Fund and EIG Global Energy Partners–announced they have joined forces to infuse $300 million into NNE. Looks like a very active drilling program is just ahead for the WV driller…
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