8 New Shale Well Permits Reported for PA-OH-WV Jun 1 – 7
Last week was a disappointing week for new permits issued to drill shale wells in the Marcellus/Utica. The M-U region received just 8 new drilling permits from June 1 – 7, down from 30 permits issued two weeks ago. The main reason for the disappointing low number is that the Ohio Department of Natural Resources (ODNR) reported no new permits issued, which it sometimes does (and then “catches up” in the following week). Last week, Pennsylvania issued 7 permits, and West Virginia issued just 1 new permit. The drillers who received new permits included EQT, Expand Energy, and Vickery Energy. Read More “8 New Shale Well Permits Reported for PA-OH-WV Jun 1 – 7”

Vickery Energy Partners, LLC, a portfolio company of the private equity firm Quantum Capital Group, announced yesterday that it has closed on the acquisition of Tribune Resources. The transaction includes assets located primarily in Wetzel, Tyler, Harrison, and Doddridge counties, West Virginia, totaling approximately 38,000 net acres and more than 200 million cubic feet equivalent per day (MMcfe/d) of net production.