Marshall County

Economic Impact | Industrywide Issues | Jobs | Marshall County | NGLs | West Virginia

$150M Manufacturing Plant Coming to WV, Cites M-U NGLs as Reason
January 13, 2023January 13, 2023

Some exciting news out of West Virginia to share. During last evening’s State of the State address, WV Gov. Jim Justice announced TCL Specialties, a subsidiary of TCL (Thirumalai Chemicals Limited), which is based in India, will break ground this month for two manufacturing facilities in Marshall County, West Virginia. The company will invest $150 million to build the first (of three) phases, manufacturing chemicals and food ingredients. And guess what most of the feedstock (raw inputs) will be for these new plants? NGLs (natural gas liquids) from the Marcellus/Utica.
Read More “$150M Manufacturing Plant Coming to WV, Cites M-U NGLs as Reason”
Antero Resources | Arsenal Resources | Ascent Resources | Belmont County | Bradford County | Chesapeake Energy | Coterra Energy (Cabot O&G) | Energy Companies | Marshall County | McKean County | Ohio | Pennsylvania | Ritchie County | Seneca Resources | Southwestern Energy | Susquehanna County | Taylor County | Tug Hill Operating | Weekly Permits | West Virginia

20 New Shale Well Permits Issued for PA-OH-WV Dec 5-11
December 16, 2022December 16, 2022

Last week (Dec. 5-11), the number of permits issued to drill new shale wells in the Marcellus/Utica dropped by one to 20 from the prior week’s 21. Pennsylvania came back to life with 14 new permits. Ohio and West Virginia both issued just three new shale permits.
Read More “20 New Shale Well Permits Issued for PA-OH-WV Dec 5-11”
Antero Resources | Bradford County | Carroll County | Chesapeake Energy | Columbiana County | Encino Energy | Energy Companies | EQT Corp | Hilcorp Energy | Marshall County | Ohio | Ohio County | Pennsylvania | Range Resources Corp | Southwestern Energy | Tyler County | Washington County | Weekly Permits | West Virginia | Wetzel County

43 New Shale Well Permits Issued for PA-OH-WV Oct 31-Nov 6
November 11, 2022November 11, 2022

New shale permits issued in the Marcellus/Utica came roaring back during the week of Oct. 31 through Nov. 6. Both Pennsylvania and Ohio issued 13 new permits during that week. But what’s this? West Virginia issued a whopping 17 new permits! The prior week WV issued only a single new permit.
Read More “43 New Shale Well Permits Issued for PA-OH-WV Oct 31-Nov 6”
Beech Resources | BKV/Banpu | Bradford County | Chesapeake Energy | Encino Energy | Energy Companies | Harrison County | Lycoming County | Marshall County | Ohio | Pennsylvania | Southwestern Energy | Tug Hill Operating | Weekly Permits | West Virginia | Wyoming County (PA)

16 New Shale Well Permits Issued for PA-OH-WV Oct 10-16
October 21, 2022October 21, 2022

Permits issued for new shale wells last week got a bit better from their pathetically low numbers. From Oct. 10-16 there were eight new permits issued in Pennsylvania, and four each issued in Ohio and West Virginia. All of the PA permits were issued in northeastern PA, with four going to BKV Operating (i.e. Banpu) in Wyoming County, two to Chesapeake in Bradford County, and two to Beech Resources in Lycoming County. Encino Energy scored all four permits for Ohio, all of them in Harrison County. In WV, Tug Hill (soon to be EQT) received three permits, and Southwestern Energy received one permit, all four in Marshall County.
Read More “16 New Shale Well Permits Issued for PA-OH-WV Oct 10-16”
Allegheny County | Antero Resources | Ascent Resources | Beaver County | Cameron County | Columbiana County | Elk County | Energy Companies | HG Energy | Hilcorp Energy | Jefferson County (OH) | Lewis County | Marshall County | Monongalia County | Monroe County | Northeast Natural Energy | Ohio | PennEnergy Resources | Pennsylvania | Range Resources Corp | Seneca Resources | Southwestern Energy | Tyler County | Weekly Permits | West Virginia

30 New Shale Well Permits Issued for PA-OH-WV Sep 19-25
September 30, 2022September 30, 2022

Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 30 new drilling permits, up from the 21 permits issued the week before. It was a reversal of what we typically see. Last week PA only issued four new permits, while WV issued 17 permits and OH issued nine permits. Usually, PA issues the most permits.
Read More “30 New Shale Well Permits Issued for PA-OH-WV Sep 19-25”
Ascent Resources | Clearfield County | Coterra Energy (Cabot O&G) | Energy Companies | Guernsey County | Gulfport Energy | Indiana County | Marshall County | Monroe County | Ohio | Ohio County | Pennsylvania | Pennsylvania General Energy | Seneca Resources | Southwestern Energy | Susquehanna County | Tioga County (PA) | Weekly Permits | West Virginia | XTO

21 New Shale Well Permits Issued for PA-OH-WV Sep 12-18
September 23, 2022September 23, 2022

Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 21 new drilling permits, down from the 30 permits issued the week before, and down from the 40 permits issued the week before that. The trend is not our friend right now. PA issued 13 permits, and OH and WV issued four permits each.
Read More “21 New Shale Well Permits Issued for PA-OH-WV Sep 12-18”
Antero Resources | Ascent Resources | Belmont County | Bradford County | Butler County | Carroll County | Chesapeake Energy | CNX Resources | Columbiana County | Elk County | Encino Energy | Energy Companies | Harrison County | Hilcorp Energy | INR/Infinity Natural Resources | Marshall County | Monongalia County | Ohio | PennEnergy Resources | Pennsylvania | Seneca Resources | Southwestern Energy | Tug Hill Operating | Tyler County | Weekly Permits | Wetzel County

40 New Shale Well Permits Issued for PA-OH-WV Aug 29-Sep 4
September 9, 2022September 9, 2022

Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 40 new drilling permits, way up from the 19 permits issued the week before. But there was a shocker. PA only issued nine new permits, while OH issued 14 new permits and WV issued a record high 17 new permits.
Read More “40 New Shale Well Permits Issued for PA-OH-WV Aug 29-Sep 4”
Energy Companies | EQT Corp | Industrywide Issues | M&A | Marshall County | Tug Hill Operating | West Virginia | Wetzel County

EQT CEO Toby Rice Pulls Back the Curtain on Tug Hill $5.2B Deal
September 8, 2022September 8, 2022

Yesterday MDN brought you the news that EQT Corporation is buying the West Virginia assets of Tug Hill Operating–the company’s THQ Appalachia operation–for $5.2 billion (see Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion). The deal adds roughly 90,000 leased acres (mainly in Marshall and Wetzel counties) to EQT’s massive existing footprint. It also adds an extra 800 million cubic feet per day (MMcf/d) of production to EQT’s current 5.5 billion cubic feet per day (Bcf/d). EQT CEO Toby Rice went on the record with the Pittsburgh Business Times to share his reasoning and thoughts behind the Tug Hill acquisition. Rice pulled back the curtain, giving a behind-the-scenes look at how deals like this come together. One of the big motivations for Rice is that he loves loves loves Marshall County, WV.
Read More “EQT CEO Toby Rice Pulls Back the Curtain on Tug Hill $5.2B Deal”
Energy Companies | EQT Corp | Industrywide Issues | M&A | Marshall County | Tug Hill Operating | West Virginia | Wetzel County

Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion
September 7, 2022September 7, 2022

The rumors were right. Yesterday we brought you the news (rumors), as reported by both Reuters and Bloomberg, that EQT Corporation was about to seal a deal to buy Tug Hill’s THQ Appalachia operation with major assets in West Virginia (see EQT Close to Buying Tug Hill’s THQ Appalachia for $4+ Billion). Reuters reported the deal would be worth $4 billion. Bloomberg reported the deal would be worth $5.2 billion. Bloomberg (we are surprised to say) was right. EQT issued a press release yesterday afternoon announcing the deal and confirming the details.
Read More “Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion”
Energy Companies | Energy Services | EQT Corp | Industrywide Issues | M&A | Marshall County | Tug Hill Operating | West Virginia | Wetzel County | XcL Midstream

EQT Close to Buying Tug Hill’s THQ Appalachia for $4+ Billion
September 6, 2022September 6, 2022

In June, MDN brought you the news that Tug Hill was shopping its THQ Appalachia division (Tug Hill’s West Virginia assets) for $5 billion (see Tug Hill’s THQ Appalachia Shops Itself for $5 Billion). Yesterday both Reuters and Bloomberg reported a deal is close and may even be announced today (Tuesday). However, the price of the deal reported by the two news services differs by quite a bit. Reuters reports a deal price for the THQ Appalachia assets of roughly $4 billion, while Bloomberg pegs it at $5.2 billion.
Read More “EQT Close to Buying Tug Hill’s THQ Appalachia for $4+ Billion”
Allegheny County | Ascent Resources | Beaver County | Elk County | Encino Energy | Energy Companies | EQT Corp | Greene County (PA) | Guernsey County | Harrison County | Inflection Energy | Lycoming County | Marshall County | Ohio | Pennsylvania | Range Resources Corp | Seneca Resources | Tug Hill Operating | Utica Resource Operating | Weekly Permits | West Virginia

19 New Shale Well Permits Issued for PA-OH-WV Aug 22-28
September 2, 2022September 2, 2022

Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 19 new drilling permits, down from 30 the week before. The top receiver of permits in PA was EQT (i.e. Rice Drilling), with five permits issued for the same well pad in Greene County. Range Resources and Inflection Energy each received two new permits.
Read More “19 New Shale Well Permits Issued for PA-OH-WV Aug 22-28”
Apex Energy | Ascent Resources | Belmont County | Bradford County | Chesapeake Energy | Clearfield County | Coterra Energy (Cabot O&G) | Energy Companies | EQT Corp | Greene County (PA) | HG Energy | Lewis County | Lycoming County | Marshall County | Ohio | Pennsylvania | Range Resources Corp | Southwestern Energy | Susquehanna County | Tug Hill Operating | Washington County | Weekly Permits | West Virginia | Westmoreland County | Wetzel County

45 New Shale Well Permits Issued for PA-OH-WV Aug 15-21
August 26, 2022August 26, 2022

After several weeks of anemic permit numbers for Pennsylvania, last week PA came roaring back by issuing 30 permits to drill new shale wells. Some 12 of those permits went to Coterra Energy for two pads in Susquehanna County. EQT (aka Rice Drilling) received six permits for a single pad in Greene County, and Chesapeake Energy also received six permits split between two pads–one pad in Bradford County and the other in Lycoming County.
Read More “45 New Shale Well Permits Issued for PA-OH-WV Aug 15-21”
Apex Energy | Armstrong County | Energy Companies | EQT Corp | Marshall County | Monroe County | Ohio | Pennsylvania | Range Resources Corp | Southwestern Energy | Susquehanna County | Washington County | Weekly Permits | West Virginia | Wetzel County

13 New Shale Well Permits Issued for PA-OH-WV Aug 1-7
August 15, 2022August 15, 2022

The Pennsylvania Dept. of Environmental Protection (DEP) reporting website finally fixed whatever problem was plaguing it (this time), so we now have the permit report from August 1-7. Pennsylvania only issued seven new permits during that time, with three going to Range Resources in Washington County and three going to Southwestern Energy in Susquehanna County. Ohio issued a single new permit to Southwestern in Monroe County. And West Virginia issued five new permits, with four of the five going to EQT in Wetzel County.
Read More “13 New Shale Well Permits Issued for PA-OH-WV Aug 1-7”
Apex Energy | Ascent Resources | Belmont County | Bradford County | Butler County | Chesapeake Energy | Clean Energy E&P | Energy Companies | Gulfport Energy | Jefferson County (OH) | Laurel Mountain Energy | Marshall County | Monroe County | Ohio | Olympus/Huntley & Huntley | Pennsylvania | Pennsylvania General Energy | Southwestern Energy | Tioga County (PA) | Tug Hill Operating | Weekly Permits | West Virginia | Westmoreland County | Wetzel County | Wyoming County (PA)

35 New Shale Well Permits Issued for PA-OH-WV Jun 27-Jul 3
July 11, 2022July 11, 2022

We’re catching up the permits issued report, but not for last week. This report is for permits issued two weeks ago–June 27 through July 3. The numbers increased from the prior week (27) to 35. Pennsylvania issued the lion’s share of new permits, 25, with most of them going to Olympus Energy (12 permits in Washington County), and a significant number going to a name we’ve only seen once before: Clean Energy Exploration & Production (six permits in Tioga County). Ohio issued four new permits, with three going to Ascent Resources and one to Gulfport Energy. Finally, West Virginia also issued four new shale permits, two each for Southwestern Energy and Tug Hill Operating.
Read More “35 New Shale Well Permits Issued for PA-OH-WV Jun 27-Jul 3”
Apex Energy | Ascent Resources | Belmont County | Butler County | Carroll County | Clinton County | Encino Energy | Energy Companies | Gulfport Energy | Laurel Mountain Energy | Marshall County | Monroe County | Ohio | PennEnergy Resources | Pennsylvania | Pennsylvania General Energy | Range Resources Corp | S.T.L. Resources | Southwestern Energy | Tioga County (PA) | Tug Hill Operating | Washington County | Weekly Permits | West Virginia | Westmoreland County

29 New Shale Well Permits Issued for PA-OH-WV Jun 20-26
July 1, 2022July 1, 2022

Last week, for June 20-26, the number of new permits issued to drill in the Marcellus/Utica decreased just a bit to 29 (from 34 the week prior). Pennsylvania issued 15 new permits, all but one in southwestern PA. Five of PA’s permits went to PennEnergy Resources in Butler County, four to Range Resources in Washington County, and three to Apex Energy in Westmoreland County. Ohio issued 10 new permits with five going to Encino Energy (EAP) in Carroll County and three going to Ascent Resources in Belmont County. Finally, West Virginia issued four new permits, all of them to Tug Hill Operating. In each case the permits were for multiple wells on single well pads.
Read More “29 New Shale Well Permits Issued for PA-OH-WV Jun 20-26”
Energy Companies | Marshall County | Tug Hill Operating | West Virginia | Wetzel County

Tug Hill’s THQ Appalachia Shops Itself for $5 Billion
June 21, 2022June 23, 2022

Tug Hill Operating is focused on acquiring, exploring, developing, and producing oil and natural gas in the onshore U.S. with a primary focus on the Marcellus Shale in the Appalachia Basin (Southwest Appalachia in West Virginia, and Northeast Appalachia in Pennsylvania), Eagle Ford Shale in South Texas, Niobrara Shale in the Rockies region, and other select basins and formations. According to sources speaking with Reuters, Tug Hill is looking to divest its West Virginia assets for $5 billion.
Read More “Tug Hill’s THQ Appalachia Shops Itself for $5 Billion”