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27 New Shale Well Permits Reported for PA-OH-WV Aug 10 – 16
The Marcellus/Utica region received 27 new drilling permits last week, August 10 – 16, up significantly from the 8 permits issued two weeks ago. In something of a reversal, Pennsylvania turned in the fewest new permits, just 4. Ohio issued the most permits, with 16, and West Virginia issued 7 permits. The drillers who received new permits were: Antero Resources (6), Ascent Resources (5), EOG Resources (8), Expand Energy (4), Jay-Bee Oil & Gas (1), LOLA Energy (1), Range Resources (1), and Seneca Resources (1). Read More “27 New Shale Well Permits Reported for PA-OH-WV Aug 10 – 16”
Competitive Power Ventures (CPV) and EQT Corporation have signed a 10-year gas supply agreement that locks up the entire fuel appetite of the CPV Shay Energy Center, the $3 billion, 2,100-megawatt (MW) combined-cycle plant headed for Doddridge County, West Virginia. It’s the deal that turns Shay from a project on paper into a project with a fuel contract. 
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Last week, the Pennsylvania Marcellus lost one rig, now down to 16 active rigs after running 17 rigs for 12 weeks in a row. Bummer. Ohio lost a rig two weeks ago and didn’t pick it back up last week, remaining at 10 active rigs for the second week. And West Virginia picked up Ohio’s lost rig two weeks ago, boosting its number to 9 active rigs, maintaining that number last week. All told, the M-U operated 35 rigs last week, which is 21 fewer than our biggest rival (for money and attention), the Haynesville, which operated 56 rigs last week. 
Peregrine Energy Partners, the Dallas-based royalty buyer we’ve been tracking since 2019, is back in the Marcellus/Utica with its checkbook open. Yesterday (Aug. 4), the company announced it closed five separate mineral and royalty deals — two of them right here in the M-U — totaling roughly 3,680 net royalty acres and interests in more than 1,240 producing wells. The first Appalachian deal is a cash-flowing overriding royalty portfolio in Susquehanna County, PA, covering about 936 gross acres and 86 producing horizontal Coterra Energy (now Devon Energy) wells, with more than 50 DUCs and PUDs behind them in both the Upper and Lower Marcellus. 
Back in January 2022, we brought you what looked like a milestone: the WV Dept. of Environmental Protection had issued a construction permit for a big Marcellus gas-fired power plant next door to the Longview coal plant in Maidsville, Monongalia County (see 
There’s terrific news brewing in Grant County, West Virginia — with an asterisk roughly the size of a cooling tower. Word circulated over the weekend that Dominion Energy plans to build a brand-new natural gas-fired power plant at its Mt. Storm complex, the same site where three coal-fired units have been cranking out electrons since 1965. The key detail: the gas plant would run alongside the coal units, not replace them. That’s more power, not swapped power. We like that math. 
In February, FirstEnergy subsidiaries Mon Power and Potomac Edison announced they had selected a 35-acre site in Maidsville (Monongalia County), West Virginia, for a new 1,200-megawatt natural gas power plant (see