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45 New Shale Well Permits Issued for PA-OH-WV Aug 15-21
After several weeks of anemic permit numbers for Pennsylvania, last week PA came roaring back by issuing 30 permits to drill new shale wells. Some 12 of those permits went to Coterra Energy for two pads in Susquehanna County. EQT (aka Rice Drilling) received six permits for a single pad in Greene County, and Chesapeake Energy also received six permits split between two pads–one pad in Bradford County and the other in Lycoming County.
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Talk about irony! Scared of the potential impacts of the coronavirus and with the price of oil crashing in March 2020 (just as COVID was getting started), Royal Dutch Shell pulled out of a 50/50 joint venture partnership with Energy Transfer (ET) to build a new LNG export facility in Lake Charles, Louisiana (see 
In April 2021, MDN brought you the news that Chesapeake Energy, after buying Eagle Ford oil assets in 2018 for $4 billion (during the reign of Doug Lawler), was looking to unload those assets for around $2 billion (see 
Looks like $2 billion is just too much of a temptation for Shell, Equinor (formerly known as Statoil), and U.S. Steel to resist. Those three companies have been a part of a joint effort with EQT, Williams, Southwestern Energy, and a few other companies in a group called Appalachian Energy Future (AEF), which was supposed to be the “one ring to rule them all” group aimed at enticing a hydrogen hub to one of the three Marcellus/Utica states (see 
Now we know why Diversified Energy liked Traitor Joe Manchin’s sell-out Green New Deal law, also falsely referred to as the Inflation Reduction Act (see 
Since 2015 we’ve reported on the case of Grant Township, a town that passed an ordinance cooked up by the radical Community Environmental Legal Defense Fund (CELDF) to try and block a state-approved injection well proposed by Pennsylvania General Energy (
Seneca Resources, a 100% subsidiary and the drilling arm of National Fuel Gas Company, announced on Tuesday that the company has achieved an “A” certification grade under the MiQ Standard for Methane Emissions Performance (MiQ Standard), the highest available certification level MiQ awards, for all of the company’s 1+ billion cubic feet per day (Bcf/d) of natural gas production in the Marcellus/Utica. Seneca can now claim it produces responsible gas and the molecules can be traded/bundled on the MiQ Digital Registry.
Coterra Energy was formed by the merger of Cabot Oil & Gas (Marcellus gas driller) with Cimarex Energy (Permian gas driller) last October (see 
In February 2021, Northern Oil and Gas, Inc., a company that invests in non-operated oil and gas assets (they let others do the drilling), announced it had purchased 64,000 net acres producing ~120 MMcfe/d (million cubic feet equivalent per day) in the Marcellus/Utica from Reliance Industries Limited (see 
National Fuel Gas Company (NFG), the parent company for Seneca Resources and Empire Pipeline, recently issued its latest update for the quarter ending June 30 (NFG’s third fiscal quarter, everyone else’s second quarter). NFG is a truly integrated company, including drilling, pipelines, and a utility company serving end-user customers. The company made $108 million in profit for the quarter, mostly driven by its upstream (drilling) unit Seneca Resources. In fact, upstream/drilling represented half (50%) of NFG’s revenues in 3Q22.
In early February, MDN told you about an industry-led group collaborating to attract one of four $2 billion hydrogen hubs to the Marcellus/Utica region provided for in the so-called Biden infrastructure bill (see 
Epsilon Energy concentrates most of its effort on developing Marcellus Shale wells in Susquehanna County, PA. Epsilon typically does not do its own drilling. The company joint venture partners with (gives money to) other companies, like Chesapeake Energy, and the other company typically does the drilling. Epsilon issued its second quarter 2022 update earlier this week. The company’s Marcellus net gas production was 2.324 Bcf (billion cubic feet) in total, not per day, during 2Q22. That number is down from 2.548 Bcf in 2Q21.
Oil and gas companies have fallen into line over the past few years, bowing to pressure to play the silly games the left sets up, including generating reports on how much greenhouse gases (GHG) a company produces. The federal Environmental Protection Agency (EPA), an extremely arrogant organization, declares itself to be the arbiter of what is and is not acceptable for carbon dioxide and methane emissions. When oil and gas companies begin to play the game a little too well (winning the game), the left gets torqued off and attacks. Attack of the Big Green clones. Here’s an example from the Marcellus/Utica, involving Range Resources, of how Big Green attacks when companies begin to win the game…
In June, a Shell executive told the Appalachian Energy Innovation Collaborative conference that the company’s Pennsylvania ethane cracker project was 98% done and would be fully online within “a couple of months” (see