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Weekly Shale Drilling Permits for PA, OH, WV: Jul 26-Aug 1
Last week both Pennsylvania and West Virginia received permits to drill new shale wells. Ohio was left out of the permit game for a second week in a row. PA received 19 new permits, with 9 going to Range Resources, 4 going to Seneca Resources, and a smattering of others. WV received 9 new permits, all of them in Tyler County and all but 2 given to Antero Resources.
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Just coming to light for us now is a long-running lawsuit in Tioga County, PA by landowners who claim that UGI has taken their mineral rights as part of operating the Meeker Storage Field, an underground natural gas storage facility. The landowners lost the lawsuit in the Court of Common Pleas of Tioga County (trial court) in March 2019 (although the case began in 2016). The landowners appealed to Commonwealth Court and lost there too, in November 2020. The landowners appealed again, to the Pennsylvania Supreme Court. The Supremes have just accepted the case.
Last Friday National Fuel Gas Company (NFG), the parent company for Seneca Resources and Empire Pipeline, issued its latest quarterly update for the quarter ending Dec. 31 (NFG’s first quarter 2021, everyone else’s fourth quarter 2020). Among the pearls of good news for NFG is that the company is adding a rig back in Tioga County, PA to drill on acreage NFG purchased from Shell.