26 New Shale Well Permits Issued for PA-OH-WV May 8-14
New shale permits issued for May 8-14 in the Marcellus/Utica rose from the prior week. There were 26 new permits issued last week, up from 20 in the prior week (and 18 the week before that). Last week’s tally included 13 new permits for Pennsylvania, 10 new permits for Ohio, and 3 new permits in West Virginia. Last week the top receiver of new permits was CNX Resources, with 7 permits issued (5 of them in Westmoreland County, PA, and 2 in Greene County, PA). Encino Energy, showing up as EAP Ohio in the report, had the second-highest tally with 5 permits (issued in Harrison County, OH).
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During a routine inspection conducted earlier this week by the Pennsylvania Dept. of Environmental Protection (DEP), an inspector discovered two of 12 Repsol wells on a pad in Susquehanna County were (gasp!) venting methane into the atmosphere. Call the methane police! There’s fugitive methane escaping! The wells were drilled in 2016. Apparently, there has been an ongoing issue with these two wells since 2017, when the DEP determined the wells have defective casing and/or cementing.
Last September, Spanish oil and gas drilling giant Repsol, which owns the St. John, New Brunswick (Canada) LNG facility, filed an application with the Canada Energy Regulator (CER) to export up to 300 million cubic feet per day (MMcf/d) of natural gas from the St. John facility (see
New shale permits issued for Mar. 6-12 in the Marcellus/Utica increased by one from the prior week. There were 30 new permits issued in total last week, including 21 new permits for Pennsylvania, 5 new permits for Ohio, and 4 new permits issued in West Virginia. Last week the top receiver of new permits was EQT with 7 new permits–all of them (interestingly) issued in Lycoming County, PA. The second highest number of permits went to Repsol, with 6 permits in Bradford County, PA. Chesapeake Energy came in third with 5 permits for Bradford County, PA.
Venture Global Plaquemines LNG, LLC is developing an LNG export facility in Plaquemines Parish, Louisiana, approximately 20 miles south of New Orleans. The Phase One of the project is currently under construction, and the first shipment from the facility will happen in 2024. Earlier this week, Venture Global announced it had pulled the trigger on a decision to build Phase Two of the project and has directed the builder to move forward with construction of Phase Two. Both phases, when completely done and running, will export 20 million metric tonnes per year of LNG.
As we have been reporting, CERAWeek, the world’s premier energy conference, is happening all this week in Houston, Texas. MDN is not there, but there are a number of news organizations on site. One of them is Bloomberg. Yes, we know, Bloomberg tilts left. But sometimes they send reporters out who actually do real reporting, as is happening from CERAWeek. On Monday, Bloomberg filed a roundup/overview of things said at the event–both in sessions and in interviews with Bloomberg reporters. Below is the roundup from Day One of CERAWeek, which includes an interesting summary of Repsol comments that the company is investing close to $1.5 billion in 2023 in exploration and production in North America. Repsol has major operations in the Marcellus–so we can expect an expanded drilling program in Repsol’s northeastern PA assets.
Spanish-owed Repsol owns 214,000 net acres of leases in the Marcellus Shale, primarily located in northeastern Pennsylvania in Bradford, Susquehanna, and Tioga counties. Early last year (in January 2022), Repsol closed on a deal to buy Rockdale Marcellus out of bankruptcy for $222 million, adding Rockdale’s acreage and wells to Resol’s portfolio (see
Spanish-owed Repsol owns 214,000 net acres of leases in the Marcellus Shale, primarily located in northeastern Pennsylvania in Bradford, Susquehanna, and Tioga counties. Early last year (in January 2022), Repsol closed on a deal to buy Rockdale Marcellus out of bankruptcy for $222 million (see
The difference between the Susquehanna River Basin Commission (SRBC) and the Delaware River Basin Commission (DRBC) is stark. The former is well-run and rational, the latter is disorganized and irrational. At least with respect to fracking. Over the weekend, the SRBC published a notice in the Pennsylvania Bulletin to announce that during the month of January, the agency approved 38 requests for daily water use on shale well pads in the SRBC’s jurisdictional territory in Pennsylvania, totaling some 233.5 million gallons. Put another way, this is a handy list of where drilling will soon happen in northeastern PA.
Unlike the Delaware River Basin Commission (DRBC), which gets the creepy crawlies at the mere mention of the word “fracking,” the Susquehanna River Basin Commission (SRBC) has been dealing with fracking and water requests for use in fracking for more than a decade. Somehow the SRBC, a quasi-governmental agency (as is the DRBC), manages to allow fracking, and there are NO negative impacts on local water and NO negative impact on the Susquehanna River and its tributaries. Must be the people who run the SRBC are just more talented than those who run the DRBC.
Abarta Energy (aka Abarta Oil & Gas Co.) was a privately-owned company based in Pittsburgh with assets including wells and pipeline systems located in Pennsylvania, West Virginia, and Kentucky. In November 2021, Abarta filed for Chapter 11 bankruptcy, reporting liabilities of $25.4 million and assets of $4.2 million (see