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28 New Shale Well Permits Reported for PA-OH-WV Jun 29 – Jul 5
The Marcellus/Utica region received 28 new drilling permits last week, June 29 – July 5, down 3 from two weeks ago. Last week, Pennsylvania issued 18 new permits. Ohio issued 4 new permits. And, West Virginia issued 6 new permits. The drillers who received new permits included: Antero Resources (6), CNX Resources (10), EOG Resources (4), EQT (1), Expand Energy (3), and Range Resources (4). Read More “28 New Shale Well Permits Reported for PA-OH-WV Jun 29 – Jul 5”
For the week of Feb 24 – Mar 2, the number of permits issued in the Marcellus/Utica to drill new shale wells increased by a couple. Four weeks ago, 24 new permits were issued. Three weeks ago, the number increased to 36 new permits. Two weeks ago, the number deflated, going down to 14. Last week, we added two permits for a total of 16 new permits issued. The Keystone State (PA) issued just one new permit, which went to Snyder Brothers for a well in Armstrong County. 
Encino Energy, now Ohio’s biggest oil producer, has agreed to donate $100,000 over the next five years to the Muskingum Watershed Conservancy Foundation to help fund community projects in Tuscarawas, Harrison, Carroll, and Belmont counties. The donation was announced at a press conference on Tuesday at Tappan Lake Marina in Harrison County. The Muskingum Watershed Conservancy District (MWCD) is an agency formed in 1933 to help control flooding and promote water conservation in the Muskingum River watershed area of Ohio, an area that covers 8,000 square miles. Over the years, MWCD has leased thousands of acres for Utica Shale drilling and cut deals to sell water to drillers for fracking. The result has been well over $100 million in revenue for MWCD–a true game-changer for the agency and the Ohio residents who live in that region.
Pin Oak Energy Partners, a relatively young Marcellus/Utica driller based in Akron, OH (privately owned), has hired Detring Energy Advisors to market some of the company’s Utica Shale assets. The assets include 22,000 acres in Harrison and Tuscarawas counties, Ohio. According to the company’s website, Pin Oak owns some 317,000 net acres with some 207,000 “net deep acres” with Utica/Point Pleasant and Marcellus potential. Pin Oak owns and operates over 3,300 producing wells–most of them conventional, some shale.