Weekly Shale Drilling Permits for PA, OH, WV: May 31-Jun 6
Two of three Marcellus/Utica states received permits to drill new shale wells last week. Pennsylvania issued 13 new permits, almost all of them in the dry gas northeastern part of the state. Ohio issued 11 new permits, in the center of the Utica play. West Virginia’s shale industry got skunked last week–no new permits. It’s been quite a while since that’s happened in WV.
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In January EQT Corporation announced it would partner with a Denver, CO company calling itself “Project Canary” to run a test on two of its shale gas pads, to prove the natural gas produces is “certified responsibly sourced” (see
Eureka Resources currently operates three frack wastewater treatment facilities in the Marcellus Shale, two in Williamsport (Lycoming County), PA (where the company is headquartered), and one in Wysox (Bradford County), PA. In October 2019 the company began extracting lithium from Marcellus wastewater at its Wysox facility (see
At some point in the distant past (during our lifetime) swamps got renamed to “wetlands.” Don’t you just love how the left euphemizes everything? Chesapeake Energy is a bad actor when it comes to shafting landowners out of royalties, we’ll grant you that. However, the company must now pay Pennsylvania and the federal government (DOJ and EPA) a combined $1.9 million for “failure to identify and protect wetlands at 76 oil and gas well sites in Pennsylvania.” In other words, failure to protect swamps.
New Fortress Energy (NFE), which likes to build and own as much of the LNG supply chain as possible, built and operates an LNG import terminal in San Juan, Puerto Rico. After the facility was up and running, the Federal Energy Regulatory Commission (FERC) dinged the company, asking for an explanation as to why they built it without FERC “Mother May I?” permission. New Fortress responded last July saying FERC told them no permission was needed (see
New Fortress Energy (NFE), the brainchild of billionaire Wes Edens, came out of nowhere just a few years ago to become one of the world’s leading natural gas infrastructure and logistics operators, delivering natural gas (typically LNG) to customers in a number of other countries. NFE also builds and operates gas-fired electric plants in some of those countries. They own most of the supply chain, from liquefying the gas to shipping it, unloading it, and using it in plants built and operated by the company. We track NFE for their plan to build an LNG liquefaction plant in Bradford County, PA (northeastern part of the state). What’s happening with that project?
We don’t write much about Alta Resources, a shale drilling company co-founded by the inventor of shale fracking, George Mitchell. But that doesn’t mean Alta doesn’t drill in the Marcellus. The company owns some 547,000 gross (239,000 net) acres producing natural gas from approximately 900 wells in the Marcellus Shale across Bradford, Wyoming, Sullivan, Lycoming, Clinton, and Centre counties in northeast Pennsylvania. Alta is shopping all of their considerable Marcellus assets, looking for a buyer.