French Investment Firm Buys Out SW Pa. Gas-Fired Power Plant
A power project we’ve been tracking since 2017 is a 620-megawatt (MW) Marcellus-fired electric plant in Greene County, PA, called the Hill Top Energy Center (see our stories here). In 2019, investment firm Ardian, based in Paris, France, announced that it had purchased a 41.9% stake in the project, becoming the majority owner (see SWPA Gas-fired Electric Plant Project Gets French Investment). Ardian just announced it has purchased the other 58.1% stake it did not already own. Read More “French Investment Firm Buys Out SW Pa. Gas-Fired Power Plant”
Last week was another strong week for new permits issued to drill new shale wells in the Marcellus/Utica. For the week of April 14 – 20, the number of permits was down three from the previous week, but still very strong. Last week, 33 new permits were issued in the M-U. In the Keystone State (PA), 25 new permits were issued, a dramatic increase from five two weeks ago. The top permittee was Range Resources, with 10 permits, half of which were in Allegheny County and the other half in Washington County. Seneca Resources received six permits, all of which were in Tioga County. EQT and its subsidiary Rice Drilling also scored six permits, with four in Fayette County and two in Greene County. PA General Energy got two permits in Lycoming County, and Olympus Energy received one permit in Allegheny County. 
WhiteHawk Energy, headquartered in Philadelphia and owning mineral and royalty interests for over 1 million gross unit acres with over 3,400 producing horizontal shale wells between the Marcellus and the Haynesville, announced yesterday that it has doubled its ownership in Marcellus assets in Washington and Greene counties in southwest Pennsylvania. WhiteHawk paid $118 million to increase ownership across 475,000 gross acres in the Marcellus Shale. The drillers operating on those acres include EQT, Range Resources, and CNX Resources.
For the week of Mar 10 – 16, the number of permits issued in the Marcellus/Utica to drill new shale wells increased by nine from the previous week. Last week, 31 new permits were issued, with 16 going to the Keystone State (PA). EQT (and its subsidiary Rice Drilling) scored nine permits across Fayette, Greene, and Washington counties in southwestern PA. Range Resources took five permits, all of them in Washington County. And Rev Resources received two permits in Tioga County. 
According to Pennsylvania regulation 25 Pa. Code § 78a.122(b)(6)(iv), a drilling company must provide a list of the chemicals intentionally added to the stimulation [fracking] fluid by name and chemical abstract service (CAS) number in a Completion Report. The PA Department of Environmental Protection (DEP) says three drillers, including EQT, Range Resources, and Greylock Energy, failed to file the proper paperwork for one or more wells.