28 New Shale Well Permits Issued for PA-OH-WV Oct 18-24
Last week Pennsylvania issued 21 permits to drill new shale wells. Most of the permits went to two well pads, one in Butler County drilled by PennEnergy Resources and the other in Tioga County drilled by Repsol. Ohio issued six new permits, three to Encino Energy, two to Utica Resource Operating, and one to Ascent Resources. West Virginia, for the second week in a row, issued just one new permit. Last week’s WV permit went to Tug Hill Operating in Marshall County.
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Two and a half years after Energy Transfer’s (ET) 24-inch Revolution Pipeline entered service in western Pennsylvania and exploded following a landslide (in September 2018), the pipeline finally returned to service in March of this year (see
Yesterday we brought you the news that LOLA Energy continues to transform itself with the purchase of what was EdgeMarc Energy’s shale assets in Butler County, PA (see
LOLA Energy (LOLA stands for
Some two and a half years after Energy Transfer’s (ET) Revolution Pipeline entered service in western Pennsylvania and exploded following a landslide, the pipeline finally returned to service yesterday. The Pennsylvania Dept. of Environmental Protection (DEP) issued a press release to say it had extracted another $125,000 from ET and has allowed the pipeline to resume service.
Once you sort through all of the subsidiaries of subsidiaries of subsidiaries, you’ll find this news from a press release we spotted this morning: PennEnergy Resources has sold a gathering pipeline system in western Pennsylvania, called Pine Run Midstream, to a joint venture partnership between venture capital firm Energy Spectrum Partners (based in Texas) and utility/pipeline company UGI (based in Pennsylvania). Sale price: $205 million.