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16 New Shale Well Permits Issued for PA-OH-WV Mar 11 – 17

There were 16 new permits issued to drill in the Marcellus/Utica during the week of Mar. 11 – 17, down 3 from 19 permits issued the prior week. Pennsylvania issued 9 new permits. Ohio issued 4 new permits. And West Virginia issued 3 new permits. Penn Production Group (PPG) and EOG Resources tied for most new permits with 4 each. PPG received 4 permits to drill in Clearfield County, PA. EOG received 4 permits to drill in Harrison County, OH. Coterra Energy received 3 permits to drill in Susquehanna County, PA. Antero got 2 permits for Ritchie County, WV. Southwestern Energy and Chesapeake Energy each received a single permit to drill in Bradford County, PA. EQT received a single permit for Wetzel County, WV.
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Investor Sues Founder of Penn Production for Breach of Contract

In early August MDN told you about privately-owned Penn Production Group, LLC, which concentrates on exploration and production for oil and gas in western Pennsylvania. Penn Production closed on the purchase of certain assets owned by Greylock Energy in Clearfield County, PA (see Penn Production Buys Greylock Assets in Clearfield County, PA). It was the first time the company had appeared on our radar screen. Since the Greylock purchase, controversy has erupted at the company.
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Penn Production Buys Greylock Assets in Clearfield County, PA

Privately-owned Penn Production Group, LLC, which concentrates on exploration and production for oil and gas in western Pennsylvania, closed on the purchase of certain assets owned by Greylock Energy in Clearfield County, PA on July 30. The assets include 20 miles of pipeline (called Mid Stream) that feeds the gas-fired Shawville GenOn Generating Station and the Dominion pipeline.
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