PA AG Shapiro’s Vicious Attack Against Coterra Energy Continues

In June 2020, Pennsylvania Attorney General Josh Shapiro (Democrat) announced an indictment of Cabot Oil & Gas for allegations of methane migration going back more than a decade, long before he was elected as AG (see PA AG Charges Cabot with Enviro Crimes for Long-Settled Dimock). Shapiro’s indictment was a bogus charge, an attempt to turn a long-settled accident into a crime–all for political gain. Shapiro recently won the race to be the state’s next governor. Bashing the Marcellus industry as AG gave him credibility with the wacko left in his own political party. A few weeks after Shapiro’s shameless and bogus indictment in 2020, Cabot (now Coterra Energy) signaled it would fight him tooth and nail in court (see Cabot Signals They Will Fight PA AG Sham Dimock Indictment). Here’s the next chapter: Shapiro is about to force Coterra (still under indictment for multiple felonies) to pay for a new municipal water system in the middle of nowhere for 20 homes that already had methane in their water for generations before Cabot showed up to drill.
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Last week (Nov. 14-20) saw a total of 31 new shale permits issued across the Marcellus/Utica, up slightly from 26 permits the week before. Pennsylvania received the most permits, with 26 new permits issued. Ohio received five new permits, and West Virginia got skunked with no new permits last week.
Pennsylvania State Senator Katie Muth’s attempt to block a proposed frack wastewater treatment plant in Dimock (hours away from her own district) has completely bombed out. Muth tried to challenge and block a permit for the plant, an effort which was mostly rejected in court back in June (see 
Spanish-owed Repsol owns 214,000 net acres of leases in the Marcellus Shale, primarily located in northeastern Pennsylvania in Bradford, Susquehanna, and Tioga counties. Earlier this year, Repsol said it was working with certification authority MiQ to have all of its Marcellus production certified as “responsibly produced” (see
In early August, MDN reported that Marcellus driller Coterra Energy had made $1.2 billion in profit during the second quarter of 2022 (see
Epsilon Energy, one of the smaller Marcellus drillers that we track, issued an update this week to say the company has issued a dividend and has repurchased shares of the company’s stock in an effort to reward and increase value to investors. Epsilon also reports a new well in which they own a share recently came online to sales in Susquehanna County, PA.