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34 New Shale Well Permits Issued for PA-OH-WV Jul 28 – Aug 3
For the week of July 28 – August 3, the number of permits issued to drill new wells in the Marcellus/Utica more than doubled from the previous week. There were 34 new permits issued across the three M-U states last week, 20 more than the 14 issued two weeks ago. The Keystone State (PA) issued 15 new permits. Both EQT and Range Resources received six permits each for single well pads in Westmoreland and Washington counties, respectively. Expand Energy received three permits for a pad in Bradford County. Read More “34 New Shale Well Permits Issued for PA-OH-WV Jul 28 – Aug 3”
Most, but not all, of the publicly traded shale drillers operating in the Marcellus/Utica region have now issued their second quarter 2025 updates. There’s a common thread (that we previously missed) running through all of them: Production is increasing in the M-U. Of all the announced additions so far, if you add them all up, it’s around 1 Bcf/d (billion cubic feet per day) of extra production. But wait! Our region is pipeline-constrained (we’re maxing out what we can flow already). So, how can drillers produce even more? 
Last November, three of five supervisors in Cecil Township (Washington County), PA, voted to ban all new fracking in the town via a new setback (distance from well to nearest structure) requirement of 2,500 feet (see 
Range Resources issued its second quarter 2025 update on Wednesday. Range’s production averaged 2.20 Bcfe/d, approximately 68% natural gas. Range drilled ~285,000 lateral feet across 20 wells, while turning to sales ~156,000 lateral feet across 12 wells. 2Q25 drilling and completion expenditures were $136 million. In addition to D&C spending, Range spent approximately $11 million on acreage and $7 million on infrastructure, pneumatic devices, and other investments. The company announced it is targeting power generation to grab some of the 4-5 Bcf/d of forecasted new demand coming from the powergen sector. 
The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its less functional and irresponsible counterpart, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals and consumptive use for responsible and safe shale drilling. The SRBC published a notice in the May 31 Pennsylvania Bulletin that the Executive Director of the SRBC renewed 45 general water use permits in April for individual shale gas well drilling pads in Blair, Bradford, Lycoming, Potter, Sullivan, Susquehanna, and Tioga counties in Pennsylvania. The director also approved new water withdrawals for the 146-megawatt gas-fired Hunlock Creek power plant in Luzerne County. 
The data center high tide is lifting all gas drilling boats. That’s according to a new study from S&P Global Commodity Insights that finds the expectations of a coming boom in demand for electricity for data centers, which will create a boom in demand for natural gas to produce the electricity, is causing gas drilling companies to increase in value. It’s hard to accurately quantify the value for private companies, but for public companies (those with stock that trade on the open market), we can confirm that over the past year, the value for drillers with significant operations in the Marcellus/Utica has, on average, risen dramatically.