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Details for Surface Owners re Diversified Deal to Plug Wells
In November, MDN told you that Diversified Energy and EQT Corporation had settled a class action lawsuit originally brought by several West Virginia landowners (see EQT, Diversified Settle WV Class Action Lawsuit re Old Wells). Diversified and EQT are ponying up $3.25 million each ($6.5 million total) with requirements for Diversified to plug more wells on an advanced schedule in West Virginia, Ohio, Pennsylvania, Kentucky, Virginia, and Tennessee. Who, exactly, is affected by this settlement? A new court-ordered website provides some answers. Read More “Details for Surface Owners re Diversified Deal to Plug Wells”
Just as the pandemic began to unfold in early 2020, 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 
Oil wildcatting is the process of drilling exploratory wells in areas with little to no history of oil and gas production. Wildcatting is a high-risk activity that involves drilling in unproven or fully depleted areas. Wildcat wells are often drilled far from other wells and without the use of well logs or other geological data. Wildcatting can be profitable—or spectacularly unprofitable. A recent Hart Energy article reports that “wildcatting is back.” The very first part of the article focuses on wildcatting that is happening in the Ohio Utica Shale. 
MDN reported that in early October that Infinity Natural Resources (INR) filed an IPO with the Securities and Exchange Commission (SEC) hoping to raise $100 million (see 
We’ve brought you the news (a number of times) of how Encino Energy was the first driller to figure out how to coax large quantities of oil from the Ohio Utica Shale (see 
A December 11 Pennsylvania Department of Environmental Protection (PA DEP) inspection of a shale gas well pad and water impoundment owned by Nucomer Energy LLC in Hickory Township, Forest County, found the company still had not done final cleanup of the site more than 12 years after the wells were completed and 33 months after DEP issued the original violations for failure to restore the site. While we won’t defend noncompliance, the big story is why in the world the DEP didn’t follow up on the original construction from 12 years ago, and why, after issuing a notice of violation in April 2022, it took another 33 months before the DEP returned to check. Is the DEP asleep at the switch?! 
For the week of Dec 2 – 8, permits issued in the Marcellus/Utica bounced back nicely. There were 28 new permits issued last week, more than doubling the 12 issued the week before (and matching the 28 issued three weeks ago). The Keystone State (PA) issued 18 new permits, with eight going to EQT spread across three counties: Jefferson, Lycoming, and Washington. Chesapeake Energy (now Expand Energy) received four permits, all of them in northeastern PA’s Wyoming County. CNX Resource scooped up two permits, both in Westmoreland County. The final four permits were singles issued to Blackhill Energy (Bradford County), XPR Resources (Centre County), Inflection Energy (Lycoming County), and Olympus Energy (Allegheny County). 
Yesterday, Northern Oil and Gas, Inc. (NOG) announced it had entered a Joint Development Program with an unnamed Marcellus/Utica driller to invest $160 million in 2025 for new well drilling. In return, NOG will receive a 15% working interest (i.e., ownership) in the assets. NOG did not identify the driller but called it “one of Appalachia’s most capital efficient operators.” 
The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling. Yesterday, the SRBC board approved 14 new (or renewed) water withdrawal requests within the basin, four for water used in drilling and fracking shale wells in Pennsylvania. Coterra Energy received two water request approvals, and Expand Energy (Chesapeake Energy & Southwestern Energy) received the other two. 
PennEnergy Resources, LLC, the 11th largest shale driller in Pennsylvania, agreed to a “deal” with the Biden Department of Justice (DOJ), the Biden Environmental Protection Agency (EPA), and the Josh Shapiro Department of Environmental Protection (DEP) to pay a $2 million fine and spend another $3.6 million on “upgrades” related to air emissions at its well pads. Based on inspections done in 2018 (six years ago!), the EPA accused PennEnergy of illegal air emissions at five “facilities” (well pads) in Butler County, PA. Yet PennEnergy is being forced to “fix” 17 of its oil and gas production facilities and implement “partial measures” at an additional 32 facilities in Butler County and neighboring Lawrence County. 
One month ago, we brought you the news that Diversified Energy and EQT Corporation had settled a class action lawsuit originally brought by several West Virginia landowners (see 