Seneca, NNE, Begin Selling 1 Bcf/d of Certified NatGas on CG Hub
Two major Marcellus/Utica drillers–Seneca Resources and Northeast Natural Energy (NNE)–have joined the CG Hub, the world’s first commodities trading platform focused exclusively on certified natural gas and certified natural gas certificates. Seneca and Northeast now provide access to a combined 1+ billion cubic feet per day (Bcf/d) of certified natural gas to traders via the CG Hub.
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Last week MDN brought you the news that Northeast Natural Energy (NNE) has begun to drill a geothermal and carbon capture and sequestration (CCS) data collection well as part of a study being conducted by West Virginia University and the U.S. Dept. of Energy (see 
Marcellus driller Northeast Natural Energy (NNE) has begun to drill a geothermal and carbon capture and sequestration (CCS) data collection well, all the way down to 15,000 below the surface (see 
During the second week of May, Marcellus driller Northeast Natural Energy will begin to drill a geothermal and carbon capture and sequestration (CCS) data collection well–all the way down to 15,000 below the surface. The test well is being done in cooperation with (under the direction of) West Virginia University and the U.S. Dept. of Energy. The study and the data collected from the well aim to test the potential of geothermal energy in the region and gather information on the potential for underground CCS in the Appalachian basin.
New shale permits issued for Apr. 3-9 in the Marcellus/Utica dropped again from the prior week. There were 18 new permits issued in total last week, down from 21 in the prior week (and down from 32 the week before that). Last week’s tally included 13 new permits for Pennsylvania, 0 new permits for Ohio, and 5 new permits in West Virginia. Last week the top receiver of new permits was EQT with 7 new permits (6 in Fayette County, PA, and 1 in Washington County, PA). Two companies tied for #2 with 4 permits each–Coterra (Susquehanna County, PA) and Northeast Natural Energy (Monongalia County, WV).
There was a healthy number of new permits issued in all three actively drilling Marcellus/Utica states last week. In Pennsylvania, 14 new shale well permits were issued across the state. In Ohio, five new shale permits were issued, four of them to a single driller (Ascent Resources) in a single county (Jefferson). West Virginia came roaring back after getting skunked with no permits two weeks ago. WV issued 10 new shale permits last week with five going to a single well pad in Monongalia County.
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 
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.
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…