22 New Shale Well Permits Issued for PA-OH-WV May 4 – 10
The Marcellus/Utica region received 22 new drilling permits last week, May 4 – 10, up from the 19 permits issued two weeks ago. Pennsylvania issued 10 of last week’s permits. Ohio issued 8 new permits. West Virginia issued 4 new permits last week. The drillers who received new permits included: Ascent Resources, EOG Resources, EQT (including subsidiary Rice Drilling), Expand Energy, and Northeast Natural Energy. Read More “22 New Shale Well Permits Issued for PA-OH-WV May 4 – 10”

The Ohio Supreme Court issued a decision in a case we previously did not know about, one with the potential to affect landowners and drillers. In the case Faith Ranch & Farms Fund, Inc. v. PNC Bank, the Supremes ruled that a former Harrison County landowner did NOT reserve underground oil and gas rights in a 1953 deed that mentioned coal and “other minerals.” Using the phrase “other minerals” may refer to oil and gas, but that isn’t necessarily the case, the justices said in a 6-1 ruling. The phrase was considered in relation to how it’s contextualized in a deed, one of the justices wrote.
In December, Antero Resources announced a deal to sell its Ohio Utica assets to a partnership of Northern Oil & Gas (NOG) and Infinity Natural Resources (INR) for $1.2 billion in cash (see
In December, Antero Resources announced a deal to sell its Ohio Utica assets to a partnership of Northern Oil & Gas (NOG) and Infinity Natural Resources (INR) for $1.2 billion in cash (see
Yesterday, the Ohio Oil & Gas Land Management Commission (OGLMC) met in a public forum in Columbus and voted to open another 6,570 acres of state-owned wildlife land (in Belmont and Harrison counties) to allow bids to frack under (not on top of) those areas. The Commission also awarded a contract to Grenadier Energy to drill under another wildlife area in Carroll County, 172 acres of the Leesville Wildlife Area. The state is getting an amazing $6,000 signing bonus, equaling $1.03 million, plus big royalties!
The second round of big news coming from Antero Resources today is the sale of the company’s Utica Shale assets. We told you in November that Antero, the largest Marcellus/Utica (M-U) driller in West Virginia, officially began to market its Ohio Utica assets for sale (see