Plum (PA) Zoning Bd. Decision on 2nd Injection Well Coming in June
Penneco Environmental Solutions wants to build a second wastewater injection well in Plum Borough (Allegheny County), PA, next to an existing injection well. Penneco’s first wastewater injection well in Plum finally opened for business in mid-2021, overcoming all sorts of smears, slanders, and lawsuits by the enviro-left (see Plum Boro Injection Well in SWPA Now Open for Business!). In September 2021, Penneco announced plans to build a second wastewater injection well in Plum, located next to the first one (see 2nd Shale Wastewater Injection Well Planned for Plum Boro in SWPA). Here we are, nearly four years later, and the second well has still not been built. We may have a resolution on that in June. Read More “Plum (PA) Zoning Bd. Decision on 2nd Injection Well Coming in June”
During a webinar yesterday, the Pennsylvania Department of Environmental Protection (DEP) announced it would use a new state General Air Quality Permit to implement Biden-era federal oil and gas facility methane reduction requirements. The DEP is pushing forward with implementation even though the Trump EPA has publicly announced it is revisiting those onerous regulations with an eye on revising them. Perhaps this is a no-win situation for the DEP. If they don’t implement the stated, in-effect (new) regulations by the Bidenistas, they could be dinged by the EPA. Yet, if they implement these onerous Biden-era regulations (via a new permit) and the Trump EPA rolls it all back, the DEP will have to redo the work all over again. Darned if they do and darned if they don’t. 
We’re still coming to grips with understanding how the power generation market works with respect to providing electricity for AI data centers. Data centers can potentially be huge and important new customers for natural gas—especially Marcellus/Utica molecules, as some 25% of all the data centers currently operating in the country are located in northern Virginia, where they use M-U molecules. In February, we brought you a post to help you better understand the various scenarios for how powergen gets provided to these data centers (see 
MARCELLUS/UTICA REGION: Pa. Senator’s efforts to protect choice correct; OTHER U.S. REGIONS: Environmental groups sue NY DEC over failure to launch cap-and-invest; Concerns over tariffs have Vermonters worried about natural gas bills; NATIONAL: EPA Administrator announces closure of $4M Biden-EPA “museum”; US natural gas prices brace for impact from tariff crossfire; U.S. LPG exports down again in January 2025; How natural gas fuels national power and global stability; US to axe Biden-era 7-year deadline on exports from new LNG projects; INTERNATIONAL: Europe is placing wind turbines under the ocean; Shell completes acquisition of Singapore’s LNG trader Pavilion Energy; A fifth of EU gas imports in Q4 came from Russia; Canada’s propane exports to Asia grow, making up more than 40% of exports in 2024; Big Oil morphs into Big Gas in China as EVs slash fuel demand. 
The State of West Virginia’s fiscal year begins on July 1 each year and runs through June 30 of the following year. Looking at the state’s most recent fiscal year of July 1, 2023, through June 30, 2024, the natural gas and oil industry in WV accounted for over $660 million in state revenue via severance and property taxes. That’s according to the Gas and Oil Association of West Virginia (GO-WV). In addition, the O&G sector employed over 15,000 direct jobs and an additional 73,000 indirect jobs, with an average annual salary of more than $97,000. Shale energy has been an economic miracle in the Mountain State! 
GREAT news! The Ohio Oil and Gas Land Management Commission (OGLMC) met for about 15 minutes on Friday and voted to award Encino Energy the right to drill under (not on) 62.5 acres of Leesville Wildlife Area located in Carroll County. Encino will pay a $218,715 signing bonus and 18% royalties on any oil and gas produced. Landowners in Carroll County, pay attention: That works out to be a hefty $3,500 per acre for a signing bonus. 
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.
Last week, MDN told you about three (so far) proposed Utica/Marcellus gas-fired power plants proposed for the New Albany International Business Park in Licking County, Ohio (see 
MDN exclusively brought you the news, in June 2018, that Diversified Gas & Oil (now renamed to Diversified Energy) had purchased EQT’s Huron Shale assets in Kentucky, Virginia, and West Virginia for $575 million (see 
The experts at RBN Energy track 38 exploration and production (E&P) companies to monitor financial and operational performance. In a recent blog post, RBN found the 10 gas-weighted E&Ps (all but one with significant operations in the Marcellus/Utica) experienced a rebound in earnings during Q4 2024 after a rough first three quarters of the year. Earnings for the 10 gas-weighted E&Ps averaged $3.02/boe (barrels of oil equivalent) in Q4 2024 after losses in Q2 and Q3 2024. Cash flow averaged $10.18/boe, 52% higher than the $6.71/boe generated in Q3 2024. Realized prices averaged nearly $18/boe in Q4 2024, 24% higher than the $14.52/boe recorded in Q3 2024. Things are looking up for M-U drillers. 
The European Union’s idiotic methane regulations will be enforced beginning this year. Domestic (European) oil, gas, and coal companies must monitor, measure, and report their emissions. The same restrictions apply to energy imports from other countries, including the U.S. (see 
The Baker Hughes U.S. national rig count lost one rig last week (after gaining one the week before), now operating 592 active rigs. As for the Marcellus/Utica, the rig count was a combined 35 last week. However, there was a notable change in the totals. Rigs focused on the Marcellus were down by one to a combined 23 across the three M-U states of Pennsylvania, West Virginia, and Ohio. Rigs focused on the Utica picked up the lost Marcellus rig, now at a combined 12. PA had operated 15 rigs (or more) for 19 weeks straight. That streak was broken last week when PA lost a rig. OH had operated nine rigs for 16 weeks in a row but picked up one last week and now stands at ten active rigs. WV had operated 10 rigs for an astonishing 23 weeks in a row. Six weeks ago, WV added (and has kept) one additional rig and operates 11 active rigs. 
Infinity Natural Resources (INR), headquartered in Morgantown, WV, focuses 100% on the Marcellus/Utica. The company went public earlier this year with a $265 million ($20/share) initial public offering, giving INR a $1.18 billion market capitalization (see 
The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals and consumptive use for responsible and safe shale drilling. The SRBC published a notice in the March 29 Pennsylvania Bulletin that the Executive Director of the SRBC gave his approval to or renewed 50 (!) general water use permits in February for individual shale gas well drilling pads in Bradford, Centre, Clearfield, Clinton, Lycoming, Potter, Susquehanna, and Tioga counties in Pennsylvania.