EOG Utica Oil Well Results Increase Interest in Mahoning County
The EOG Resources-owned Wehr Spring Valley Farm well in Ellsworth may signal a resurgence in the oil and gas industry in Mahoning County, Ohio. Producing 40,489 barrels of oil in its first quarter, the well significantly outperformed neighboring sites, validating predictions that the Utica play would yield oil as it moves north. Regional leaders and attorneys attribute this success to advanced drilling technologies, specifically improved surfactant chemistry and closer fracturing stages. This production spike in the Wehr well has revitalized local interest in mineral rights and spurred infrastructure investments, such as Vallourec’s $48 million pipe mill expansion, highlighting the region’s growing economic potential. Read More “EOG Utica Oil Well Results Increase Interest in Mahoning County”
Back in February, MDN told you that a company called PowerConneX had pre-applied to build a 120-megawatt natural gas-fired power plant at a 49-acre site in New Albany, Licking County (near Columbus) that will host a data center (see 
The Ohio Tax Commissioner is facing a lawsuit from Rover Pipeline over an aggressive property tax assessment that inflates the project’s market value. The dispute centers on the state treating $2.2 billion in weather-related construction overruns and an unrealistic “infinite lifespan” assumption as value-adding assets. Critics argue that this approach violates constitutional principles of fair market valuation, under which taxes should reflect what a willing buyer would pay rather than total development costs. 
The Marcellus/Utica rig count gained 1 rig two weeks ago in the Ohio Utica. The combined count hit 39 total rigs. Last week, the M-U maintained that count—the most rigs it has operated in more than a year. Pennsylvania has held at 18 active rigs for five consecutive weeks. Ohio picked up 1 rig two weeks ago and now operates 14 rigs. West Virginia maintained its 7 rigs, which it has operated since May 30. There were 24 rigs targeting the Marcellus and 15 targeting the Utica, for a combined 39 rigs in the M-U. The national count did not fare so well, losing 6 rigs, down to 542 active rigs, the lowest national count since September. 
Volatility is the watchword for new permits in the Marcellus/Utica. Three weeks ago, the combined count between Pennsylvania, Ohio, and West Virginia was a measly 8 new permits (see 
Data centers—large facilities full of computers—have been in the news a lot over the past year. The internet and tech companies like Facebook, Google, and Amazon gave rise to data centers. But a new/renewed emphasis emerged a year ago with the unveiling of artificial intelligence (AI), which is now being used by a large portion of the population. Did you know that there are currently 4,149 active data centers in the U.S.? And that another 2,788 have been announced/planned, primarily related to AI? That’s from a fantastic new report from the American Edge Project (AEP) and the Technology Councils of North America (TECNA). Earlier this week, they released “America’s AI Surge: Powering Investment, Jobs, and Growth in Every State” (full copy below). We’ve extracted information specific to the Marcellus/Utica region from the report. 
Ohio already has 217 data centers with more on the way. Data centers are warehouses filled with computer equipment that generates a lot of heat. To cool down the computers, data centers use massive amounts of water. If data centers want to get rid of that water after it’s been used, they have to apply for a permit called the National Pollutant Discharge Elimination System (NPDES) through the Ohio EPA. Currently, data centers must apply for an individual NPDES permit, which is detailed and unique to their operations. The OEPA is looking to streamline the process to make it faster and easier. That’s a good thing. 
In October, we told you that completion of Ohio State University’s Combined Heat and Power Plant (powered with Utica Shale gas) would be delayed until April 2026 (see 
The bidding war is heating up for those interested in buying Ascent Resources, a privately held company focused 100% on the Ohio Utica Shale. Ascent is Ohio’s largest natural gas producer and the 8th largest natural gas producer in the U.S. Kimmeridge Energy, a private investment firm focused on the energy sector (sometimes called an “activist investor” and/or corporate raider), has put an offer on the table to buy out and take over Ascent: $6 billion. This is the first hard number we’ve seen since the whole bidding war began last week. 
In early April, MDN brought you the exciting news that pipeline giant Williams, via its newly-minted subsidiary, Will-Power, is planning to build two Utica/Marcellus gas-fired power plants in the New Albany International Business Park in Licking County, Ohio, near Columbus, to power a massive new Meta (Facebook) data center complex (see 
In October, National Fuel Gas Company, a large utility company headquartered in the Buffalo, NY area with both upstream and midstream subsidiaries (Seneca Resources and NFG Midstream), announced a deal with CenterPoint Energy to acquire CenterPoint’s Ohio natural gas utility business (CNP Ohio) for $2.62 billion (see 
After a pathetic showing two weeks ago (just 8 permits), last week was a barnstormer—the most permits we’ve seen issued in a single week since we’ve been chronicling permits here on MDN. But, there’s a catch. Last week’s report for the combined three states shows 60 (!) permits issued, with 22 going to Pennsylvania, 24 to Ohio, and 14 to West Virginia. However, Ohio’s numbers are inflated because the Ohio Department of Natural Resources (ODNR) reported numbers last week that stretch back three weeks in time. You may recall Ohio didn’t issue permits for two weeks in a row. They actually issued permits but didn’t report them. So, this report includes 6 permits for the two missing weeks. Still, removing six from the total means 54 permits were issued last week, which remains a record high. Could the spike in the spot price for natural gas in the M-U be the reason?