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30 New Shale Well Permits Issued for PA-OH-WV Aug 18 – 24
For the week of August 18 – 24, the number of permits issued to drill new wells in the Marcellus/Utica nearly doubled from the previous week. There were 30 new permits issued across the three M-U states last week, a significant increase from the 16 issued two weeks ago. Pennsylvania issued the lion’s share with 14 new permits. Six of PA’s permits went to EQT for a single pad in Greene County. Four permits were issued to Expand Energy for a pad in Bradford County. Three permits were awarded to Sabre Energy for a pad in Sullivan County. And a single permit was issued to Range Resources in Beaver County. Read More “30 New Shale Well Permits Issued for PA-OH-WV Aug 18 – 24”
Another important lawsuit involving whether or not a driller can deduct from royalty checks for post-production expenses was just decided by the Ohio Court of Appeals for the Seventh District in Carroll County. The rights owner in this case, Gateway Royalty II, sued Encino Energy (EAP Ohio) over the issue of deducting post-production expenses from the company’s overriding royalty interests. This is slightly different from the usual post-production issue for landowners/rights owners. 
GREAT news! The Ohio Oil and Gas Land Management Commission (OGLMC) met for about 15 minutes on Friday and voted to award Encino Energy the right to drill under (not on) 62.5 acres of Leesville Wildlife Area located in Carroll County. Encino will pay a $218,715 signing bonus and 18% royalties on any oil and gas produced. Landowners in Carroll County, pay attention: That works out to be a hefty $3,500 per acre for a signing bonus. 
For the week of Mar 10 – 16, the number of permits issued in the Marcellus/Utica to drill new shale wells increased by nine from the previous week. Last week, 31 new permits were issued, with 16 going to the Keystone State (PA). EQT (and its subsidiary Rice Drilling) scored nine permits across Fayette, Greene, and Washington counties in southwestern PA. Range Resources took five permits, all of them in Washington County. And Rev Resources received two permits in Tioga County. 