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25 New Shale Well Permits Issued for PA-OH-WV Nov 27 – Dec 3
New shale permits issued for Nov 27 – Dec 3 in the Marcellus/Utica were much improved over the previous few weeks. There were 25 new permits issued last week versus 14 issued two weeks ago and just one new permit three weeks ago. So the trend is our friend! Last week’s permit tally included 15 new permits in Pennsylvania, 8 new permits in Ohio, and 2 new permits in West Virginia. Three companies tied for top place with 4 permits each: Seneca Resources in PA, Ascent Resources and Encino Energy in OH.
Read More “25 New Shale Well Permits Issued for PA-OH-WV Nov 27 – Dec 3”
Hart Energy keeps the hits rolling, publishing interviews and articles from the recent DUG Appalachia event held in Pittsburgh in November. The latest is a transcript of an interview between Hart Energy’s editorial director and Encino Energy’s CTO. According to the CTO, the company uses “machine learning” to perfect its oil drilling in the northern Ohio Utica, and it’s paying off. Encino is looking to expand in the Ohio Utica — looking to lease more and drill more.
One of the speakers at the recent Hart Energy DUG Appalachia event in Pittsburgh was Douglas Kris, senior vice president of Diversified Energy. For years, we have highlighted Diversified’s “contrarian” business model (
Venture Global’s Calcasieu Pass LNG export facility recently received Federal Energy Regulatory Committee (FERC) authorization to place the final three liquefaction blocks (7-9) into service (see 
In May, the PHMSA issued a proposed new rule that would slap onerous and very expensive new requirements on pretty much all natural gas pipelines in the country, including 2.7 million miles of gas transmission, distribution, and gathering pipelines; 400+ underground natural gas storage facilities; and 165 liquefied natural gas facilities (see 
Each year, the Oil & Gas Journal updates oil and natural gas reserves by each O&G-producing country. It’s a fascinating look at where the biggest (and smallest) oil and gas supplies exist on the planet. Would it surprise you to learn that three other countries have more (far more) natural gas reserves than we have here in the U.S.? Perhaps even more startling, There are eight countries with more oil reserves than the U.S. Unfortunately, most of the countries with larger supplies are enemies of the U.S.
NATIONAL: Crude continues losing streak in saturated market; Poll finds people don’t want to “electrify everything”; INTERNATIONAL: $50B Woodside/Santos merger creates world-class LNG biz; Fears grow that fossil fuel firms will capture hydrogen industry; Green groups at COP28 demand U.S. halt support for LNG.
In May, MDN told you that since taking office in January, Pennsylvania Gov. Josh Shapiro has been a major dud — someone who doesn’t know how to lead (see 
Greylock Energy is headquartered in Charleston, WV, with offices in West Virginia, Pennsylvania, Utah, and Wyoming and operations scattered throughout Appalachia and the Rockies. The company’s assets comprise more than 1.19 million acres, about 6,700 wells, including the operation of 4,000 wells throughout Appalachia (shale and conventional) and 2,600 miles of pipeline. Ryan Deaderick, executive vice president and COO of Greylock Energy, spoke to Hart Energy editorial director Jordan Blum on the sidelines of the recent Hart Energy DUG Appalachia conference in Pittsburgh. Deaderick said his company has expanded and added assets in the Rockies over the past 18 months. He said the company is “always looking for diversity of investment.”
Last December, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire NET Power — an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see 
After more than three years of “study,” the Massachusetts Department of Public Utilities (DPU) issued an order yesterday meant to signal gas utilities that they don’t have a long-term future in the state. With Order 20-80, the DPU aims to “guide the evolution of the natural gas distribution industry to clean energy” with an eye towards the state’s goal of getting to net-zero greenhouse gas emissions by 2050 while supposedly protecting ratepayers and ensuring energy reliability. The 20-80 order accomplishes neither goal but instead sentences Massachusetts to a cold and dismal future without natural gas.