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Marcellus Drilling News
  • Electrical Generation | Energy Services | FirstEnergy | Industrywide Issues | Statewide WV | West Virginia

    FirstEnergy Event Touts Planned 1,200 MW Gas-Fired Plant in WV

    November 7, 2025November 7, 2025

    Mon Power and Potomac Edison are local utilities and subsidiaries of FirstEnergy Corp. The two companies recently submitted an Integrated Resource Plan (IRP) to the West Virginia Public Service Commission, outlining how they will continue to deliver reliable, cost-effective power to West Virginia homes and businesses over the next decade (see FirstEnergy Explores Adding 1,200 MW Gas-Fired Plant in WV). The big news coming from the IRP is that the companies are exploring the possibility of building a new 1,200-megawatt natural gas combined-cycle power plant, which is expected to be operational around 2031. Those plans got more real at an event hosted yesterday by FirstEnergy. Read More “FirstEnergy Event Touts Planned 1,200 MW Gas-Fired Plant in WV”

  • Clearfield County | Elk County | Energy Companies | IOG Resources | McKean County | Pennsylvania | Seneca Resources

    IOG Resources II Acquires Non-Operated Shale Assets in N-Central PA

    November 7, 2025November 7, 2025
    partial map of Pennsylvania counties in the north-central region

    Earlier this week, IOG Resources II, LLC announced that it has acquired producing gas assets in Appalachia from an undisclosed seller. The shale assets are located in Clearfield, Elk, and McKean counties in Pennsylvania and operated by Seneca Resources. IOG’s strategy is to invest and help fund drilling, but leave the drilling and management of the drilling/selling gas to someone else. In return for funding new wells, IOG gets a cut of the profit. Read More “IOG Resources II Acquires Non-Operated Shale Assets in N-Central PA”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Litigation | Regulation

    DC Circuit Upholds Biden Ban on Gas Furnaces, Water Heaters

    November 7, 2025November 7, 2025

    We are SO tired of activist judges appointed by Obama/Biden ruling against the will of the majority (and against the Constitution). It just happened again earlier this week. Before leaving office, the Biden Department of Energy (DOE) implemented new regulations that essentially ban gas-fired furnaces and water heaters (see Bidenistas Attack Your Gas Furnace with New DOE Regulations and In Parting Shot, Bidenistas Ban New Water Heaters that Use NatGas). Those regulations were appealed to the U.S. Court of Appeals for the District of Columbia (D.C. Circuit). On Tuesday, two Obama-appointed (wildly left) Democrat judges from the D.C. Circuit voted to uphold the Biden gas-fired appliance bans. One Trump-appointed judge voted against the Biden bans. Read More “DC Circuit Upholds Biden Ban on Gas Furnaces, Water Heaters”

  • Best of the Rest

    MDN’s Energy Stories of Interest: Fri, Nov 7, 2025 [FREE ACCESS]

    November 7, 2025November 7, 2025

    NATIONAL: US LNG producers ink near record contract volumes, even as fees climb; USA shale operators defy $60 oil to keep increasing output; The Rockefeller-funded climate crusade on the road to nowhere; Energy Secretary Chris Wright has his way with the IEA; INTERNATIONAL: Oil falls as Saudi price cuts signal market gloom; Poland in talks to import more LNG from US to supply Ukraine, Slovakia; What does and doesn’t drive oil prices. Read More “MDN’s Energy Stories of Interest: Fri, Nov 7, 2025 [FREE ACCESS]”

  • Energy Companies | Gulfport Energy | Ohio | Statewide OH

    Gulfport Energy 3Q: Full Steam Ahead Drilling in the Ohio Marcellus

    November 6, 2025November 6, 2025

    Gulfport Energy is the third-largest driller in the Ohio Utica Shale (by the number of wells drilled). Gulfport released its third quarter update yesterday. The company is going full steam ahead in its natgas drilling in the Ohio Marcellus. Gulfport is aggressively expanding its future drilling potential. The company nearly tripled its Marcellus inventory, adding roughly 125 gross locations. Concurrently, Gulfport successfully finished two Utica U-development test wells, a move that proves drilling feasibility and unlocks an additional 20 gross Utica dry gas locations. Read More “Gulfport Energy 3Q: Full Steam Ahead Drilling in the Ohio Marcellus”

  • Anti-Drilling/Fossil Fuel | Franklin County | Industrywide Issues | Litigation | Ohio | Regulation | Statewide OH

    OH Judge Tosses Big Green Case Attacking State Park Fracking Law

    November 6, 2025November 6, 2025

    In January 2023, Ohio House Bill (HB) 507 became law with the signature of Gov. Mike DeWine (see OH Gov. Signs Bill Expanding Drilling in State Parks, NatGas “Green”). The law allows shale drilling under (but not on top of) Ohio state-owned land, including state parks. Predictably, the enviro-left attacked the bill (see Cleveland Plain Dealer Attacks OH Law re Drilling Under State Land). Four left-wing “environmental” groups—Ohio Environmental Council, Ohio Valley Allies, Buckeye Environmental Network, and Sierra Club—filed a lawsuit in April 2023, hoping to overturn the new law (see Radicals Sue to Block Ohio Law re Drilling Under State Land). After more than two years, a judge ruled on the case, dismissing it. Read More “OH Judge Tosses Big Green Case Attacking State Park Fracking Law”

  • Industrywide Issues | New York | Pipelines | Regulation | Statewide NY

    Trump Turns Up the Heat on Gov. Hochul to Approve NESE, Constitution

    November 6, 2025November 6, 2025

    Following some intense conversations between President Trump and New York Governor Kathy Hochul earlier this year, she caved (according to the White House) and agreed to allow two long-stalled pipeline projects—the Constitution and NESE—to get built in NY in return for Trump allowing her to continue to sink $5 billion into an offshore wind project (see Trump Deal Trades NY Offshore Wind for Constitution, NESE Pipes). Since that time, the environmental left has stepped up the pressure on Hochul, attempting to persuade her to change her mind. President Trump is turning up the pressure on his side, too. On Monday, Trump threatened to cancel New York City’s congestion pricing if Hochul doesn’t approve the NESE and Constitution pipeline projects. Read More “Trump Turns Up the Heat on Gov. Hochul to Approve NESE, Constitution”

  • CNX Resources | Energy Companies

    CNX Promotes Longtime VP Everett Good to Become CFO on Jan. 1

    November 6, 2025November 6, 2025
    Everett Good

    We like to see promotion from within. It’s a sign of a healthy company. CNX Resources announced yesterday that Everett Good, the company’s current Vice President of Finance and Treasury (since 2021), is being promoted to Chief Financial Officer (CFO), effective January 1, 2026. He’s worked for CNX for 13 years. The promotion fills a vacancy left by Alan Shepard, who was the CFO but will become the CEO of the company effective January 1 (see Nick Deiuliis Retiring as CNX CEO, CFO Alan Shepard to Succeed). Read More “CNX Promotes Longtime VP Everett Good to Become CFO on Jan. 1”

  • Anti-Drilling/Fossil Fuel | CNG/LNG | Delaware County (PA) | Exporting | Industrywide Issues | Pennsylvania

    PA Democrats Hold a We Hate Penn America LNG Export Meeting

    November 6, 2025November 6, 2025

    Yesterday, the Pennsylvania House Environmental and Natural Resource Protection Committee (the House has a one-Democrat majority) held a hearing on a proposal by Penn America to locate a 1 Bcf/d (billion cubic feet a day) LNG natural gas export facility in the City of Chester, Delaware County. The hearing was hosted by Rep. Carol Kazeeme (D-Delaware) and was exclusively attended by Democrats who were there to bash the project. There was no “How can we make this better?” There was only, “No way, no how, go to hell.” That’s the new Democrat Party and its political “leaders.” Read More “PA Democrats Hold a We Hate Penn America LNG Export Meeting”

  • Electrical Generation | Industrywide Issues | Pennsylvania | Research | Statewide PA

    New Federal Study Documents Electricity Price Hikes in RGGI States

    November 6, 2025November 6, 2025

    The Regional Greenhouse Gas Initiative (RGGI) is a carbon tax scheme. The RGGI tax is supposed to reduce the amount of carbon dioxide (CO2) produced by gas- and coal-fired power generators. The intent is to force fossil fuel power generators out of business. That’s what RGGI is designed to do, all in the name of reducing CO2. However, the only thing it accomplishes is to drive electricity prices higher. A new study from the Lawrence Berkeley National Laboratory (full copy below) finds that every state that belongs to RGGI has higher electricity prices than Pennsylvania. And each of those RGGI states saw their prices jump more over the past five years than the national average. Read More “New Federal Study Documents Electricity Price Hikes in RGGI States”

  • Decline/Depletion Rates | Industrywide Issues | Research

    Decline Rates for Shale Wells Mean We’re on a Drilling Treadmill

    November 6, 2025November 6, 2025

    The U.S. oil and natural gas sector operates on a drilling treadmill. As production from existing wells rapidly declines—a trend exacerbated by the faster decline rates of prolific horizontal (shale) wells—operators are forced to drill new wells to maintain current output. Since 2010, however, new hydrocarbon production in the Lower 48 states has been robust enough to not only offset these significant losses but also increase overall production levels. The U.S. Energy Information Administration published a post yesterday explaining the shale drilling “treadmill” we find ourselves on. Read More “Decline Rates for Shale Wells Mean We’re on a Drilling Treadmill”

  • Best of the Rest

    MDN’s Energy Stories of Interest: Thu, Nov 6, 2025 [FREE ACCESS]

    November 6, 2025November 6, 2025

    MARCELLUS/UTICA REGION: Tom Shepstone – champion of energy sanity and human flourishing; OTHER U.S. REGIONS: Let Andrew Cuomo’s latest farewell be his last one, too; NATIONAL: U.S. natural gas futures snap winning streak; The DC Circuit Court is blocking America’s energy dominance; INTERNATIONAL: Crude slides despite strong demand; Canadian gov signals plans to scrap oil, gas emissions cap; ADNOC leans on USA expertise for ‘promising’ shale pivot; European gas prices fall amid strong LNG imports; Natural gas freight rates surge by 50% as Europe races to refill inventories. Read More “MDN’s Energy Stories of Interest: Thu, Nov 6, 2025 [FREE ACCESS]”

  • Coterra Energy (Cabot O&G) | Energy Companies

    Activist Investor Declares Coterra Merger Failed – Sell Marcellus

    November 5, 2025November 5, 2025

    In October 2021, one of the Marcellus’ premier drillers, Cabot Oil & Gas, merged with/into Cimarex Energy, an oil driller focused on the Permian and Anadarko basins (see Cimarex Takes Over Cabot, Merged Co. Called “Coterra Energy”). From the beginning of this announced merger, our primary concern was that Cabot would lose its unique identity and become nothing more than a cash machine (with little new drilling) to drive Cimarex’s Permian drilling program. Now comes word that a so-called activist investor (i.e., corporate raider) by the name of Kimmeridge has launched a public campaign to force Coterra to split once again, to sell off the Marcellus (and Anadarko) assets, and focus 100% on oil drilling in the Permian. You can’t say we didn’t warn you. Read More “Activist Investor Declares Coterra Merger Failed – Sell Marcellus”

  • Coterra Energy (Cabot O&G) | Energy Companies | Pennsylvania | Susquehanna County

    Coterra Drilled 15, Added 4 New Marcellus Wells Online in 3Q

    November 5, 2025November 5, 2025

    Coterra Energy, formed by the merger of Cabot Oil & Gas (drills for natural gas in the Marcellus) and Cimarex Energy (drills for oil in the Permian and Anadarko basins), issued its third quarter 2025 update yesterday. What stood out to us is just how little new drilling the company did in the Marcellus during 3Q. Coterra spud (began to drill) 15 new Marcellus wells during 3Q, while it spud 68 wells in the Permian and 11 in the Anadarko basins. The company brought online to sales (called turned-in-line, or TIL) 4 wells in the Marcellus, 64 TILs in the Permian, and 8 TILs in the Anadarko. That about says it all. Read More “Coterra Drilled 15, Added 4 New Marcellus Wells Online in 3Q”

  • Economic Impact | Energy Services | Industrywide Issues | Jobs | New York | Pipelines | Research | Statewide NY | Williams

    Constitution Pipeline Would Save Northeast Energy Consumers $11.6B

    November 5, 2025November 5, 2025
    click for larger version

    S&P Global’s Commodity Insights and Market Intelligence divisions jointly issued a new report (below) that says construction of the proposed Constitution Pipeline could provide significant price relief and other economic benefits for the U.S. Northeast region, generating up to $11.6 billion in energy savings for consumers and supporting nearly 2,000 jobs annually over a 15-year period. The report represents the independent analysis and views of S&P Global. However, the study was paid for by The Williams Companies, Inc., the company that would build and operate the Constitution. This report is significant for two reasons. Read More “Constitution Pipeline Would Save Northeast Energy Consumers $11.6B”

  • Energy Companies | EQT Corp | Industrywide Issues | Litigation | Rice Energy

    Judge Finalizes $167.5 Million Settlement in EQT/Rice Merger Case

    November 5, 2025November 5, 2025

    In June, EQT Corp. agreed to pay $167.5 million to investors who claimed the company overstated the benefits of its $6.7 billion merger with Rice Energy (see EQT Agrees to Pay $167.5M to Settle Class Action re Rice Merger). It is, according to the plaintiffs, the largest-ever shareholder lawsuit deal in Western Pennsylvania federal court. The proposed settlement comes after six years of ongoing litigation. In July, the judge overseeing the case granted his preliminary blessing of the deal (see Judge Approves $167.5 Million Settlement in EQT/Rice Merger Case). Yesterday, the same judge issued a final approval for the deal, meaning it’s now a done deal, and the money can be paid. Read More “Judge Finalizes $167.5 Million Settlement in EQT/Rice Merger Case”

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