Expand Energy 3Q Added 7,500 Acres to “Core Marcellus” in OH, WV
During the third quarter, Expand Energy, formed by the merger of Chesapeake Energy and Southwestern Energy in late 2024, significantly expanded its portfolio by acquiring 82,500 new acres across the Marcellus and Haynesville shale plays for approximately $235 million. The company added approximately 7,500 acres in the Marcellus in Ohio and West Virginia for $57 million, which can accommodate over 40 well locations. The larger acquisition involved 75,000 acres in the western Haynesville for $178 million, with the potential for over 200 locations. Expand, which produced 7.33 Bcfe/d (92% natural gas), reported strong financial results for the quarter, including nearly $3 billion in revenue and a profit of $547 million. The company produced 7.2 Bcfe/d in 2Q25. Expand is the largest natural gas producer in the country. Read More “Expand Energy 3Q Added 7,500 Acres to “Core Marcellus” in OH, WV”
Yesterday, Ohio Governor Mike DeWine and JobsOhio (a private nonprofit economic development corporation) launched the $100 million JobsOhio Energy Opportunity Initiative, a five-year fund to bolster economic development through energy production. The initiative will provide grants and low-interest loans to qualifying companies to offset costs related to natural gas, power generation, and nuclear power, specifically Small Modular Reactors (SMRs). 
The Northeast Supply Enhancement Project (NESE), part of the mighty Transco pipeline system, is alive once again. A decade after Williams Cos. first proposed the $1-billion-plus natural gas pipeline and a year after the company scrapped it, the 400 MMcf/d capacity expansion for New York City and Long Island has been revived. This revival, primarily attributed to a shift in Washington’s political climate, resulted in a new FERC approval. Now, state regulators in New York and New Jersey are deliberating on the necessary water-quality permits. Once both NY and NJ issue those permits, it will be (more or less) smooth sailing to the construction and completion of the project. 
Representatives from Clean Air Council, Earthworks, Environmental Health Project, Environmental Integrity Project (EIP), and Protect PT, some of the worst of the worst radical “green” groups in the Keystone State, rallied at the Pennsylvania State Capitol yesterday to demand (they always demand) that Pennsylvania’s Environmental Quality Board (EQB) accept their petition to consider drafting a new setback regulation in the state that would effectively ban all new shale drilling. 
The Penn State Extension has developed a helpful reference guide listing common water testing parameters for well owners. This resource helps owners determine if contamination from oil and gas drilling, pipelines, and related infrastructure is affecting their water quality. Key parameters include: alkalinity, arsenic, barium, bromide, BTEX (benzene, toluene, ethylbenzene, xylene), chloride, gross alpha radiation, methane/ethane, and strontium. The reference also provides sources for additional information. 
LNG exports continue to be an exceptional (and very hungry) customer for domestic U.S. natural gas. Over the past week, feedgas flowing to LNG facilities set a new all-time high record. We achieved a new record of 17.4 Bcf/d (billion cubic feet per day) of feedgas for LNG last Sunday, surpassing the previous record set the day before at 17.3 Bcf/d. Another record, the monthly average, is also set to fall. April 2025 is the current reigning champ for average LNG feedgas use at 16.0 Bcf/d. October is on track to surpass it, averaging 16.6 Bcf/d as of October 27 (with just a few days left in the month). 
U.S. Senator Ted Cruz (R-Texas), along with Senators Kevin Cramer (R-N.D.) and Shelley Moore Capito (R-W. Va.), introduced the Natural Gas Export Expansion Act to significantly streamline the federal approval process for exporting liquefied natural gas (LNG). The legislation aims to expedite non-free trade agreement (FTA) export permits by treating them the same as FTA countries, ensuring faster approval. According to Senator Cruz, the bill will enhance American energy dominance, create jobs, and drive investment by ensuring Texas-produced gas can be sent to allies globally. 
MARCELLUS/UTICA REGION: Sen. McCormick says Pa. should be the ‘tip of the spear’ on AI technology development; OTHER U.S. REGIONS: First California, now New York – states doing an about face on climate policy; NATIONAL: Flotek unit becomes first optical spectrometer to meet GPA 2172 Standard; Global X launches U.S. natural gas ETF seeking to capitalize on LNG exports; Tens of thousands of white-collar jobs are disappearing as AI starts to bite; AI frenzy spreading over to Caterpillar, oil frackers; INTERNATIONAL: Oil rebounds as stockpiles drop; Brazil is expanding its liquefied natural gas import infrastructure; Hey ho, IMO has gotta go!; Climate hucksters issue report saying “planet on the brink”; America’s newest export: the shale revolution. 
The current king of U.S. data centers is Virginia. As we wrote about earlier this month, Pennsylvania has the opportunity to grab that title away from Virginia, IF PA doesn’t screw it up (see 
Here’s a neat company we haven’t written about in 4 1/2 years: 
Kentucky has experienced rapid economic growth in recent years, similar to other southern states. Data centers are looking to Kentucky for future expansion. Last fall, Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU), both part of PPL Corporation, forecasted in their Integrated Resource Plan (IRP) the need for additional power generation due to the expected influx of data centers and economic development across their service territories (see 
A new Fairleigh Dickinson University (FDU) Poll found that New Jersey voters support the construction of new natural gas power plants by a 3-to-1 margin (64% in favor), viewing them as a bridge solution to quickly lower energy prices until renewable options are ready (which will be never). Yes, in deeply blue N.J., both Republicans AND Democrats favor building more gas-fired power plants. The support is partisan, with Republicans overwhelmingly backing new construction (89%) compared to Democrats, who are less enthusiastic but still favor the plants (46% support vs. 33% oppose). 
Pennsylvania Governor Josh Shapiro oscillates between acting like an adult and a petulant child regarding rising electricity costs in his state, costs that are due in part to his own policies (see