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Marcellus Drilling News

Founded in 2009, Marcellus Drilling News is a daily review, aggregation and analysis of what's new/d

15/11/2024

34 New Shale Well Permits Issued for PA-OH-WV Nov 4 – 10

For the week of Nov 4 - 10, permits issued in the Marcellus/Utica came roaring back with a total of 34 permits issued (up from 13 issued the prior week). There were some VERY interesting things to…

15/11/2024

Fed District Court Sends Pennsylvania Royalty Dispute to Trial

MDN first reported on a lawsuit by a group of Wyoming County, PA, landowners back in January 2019 (see Fed Court Allows PA Royalty Lawsuit Against Chesapeake to Proceed). The lawsuit was originally…

15/11/2024

Y&S Railroad Expanding Youngstown Yard to Service Cracker, M-U

We're a sucker for a railroad story. There's something magical about railroads, dontcha think? We spotted a railroad story that ties in with the Marcellus/Utica. Yesterday morning, the Ohio Rail…

15/11/2024

Kentucky Utility Plans to Build 4 New Gas-Fired Power Plants

Yesterday, the East Kentucky Power Cooperative (EKPC), a nonprofit power generation and transmission electric utility with headquarters in Wi******er, Kentucky, announced plans to build two new…

15/11/2024

Court Rescinds Approval of WNY Gas-Fired Plant Sale to Bitcoin Co.

In September 2022, the New York Public Service Commission (PSC), which oversees and regulates public utilities in the state, approved the takeover of the Fortistar gas-fired power plant in North…

15/11/2024

PHX Response to WhiteHawk Energy’s Latest Marriage Proposal: NO!

Our observation is that WhiteHawk Energy is smitten with PHX Minerals. For the last 15 months, WhiteHawk has been trying to get PHX down the marriage aisle in any way it can. PHX has repeatedly given…

15/11/2024

ECA Marcellus Trust I Gives Investors Half-Cent Dividend for 3Q24

ECA Marcellus Trust I, the royalty interest holder in some of the wells drilled and maintained by Greylock Energy in Greene County, PA, announced Wednesday that it will issue a half-cent dividend to…

14/11/2024

Williams Says NatGas Demand Sky High, Full Roster of Pipe Projects

Williams delivered its third quarter update last week. The company is working overtime to expand its extensive network of natural gas pipelines. Quick fact: Did you know that Williams' pipeline…

14/11/2024

Siren Song: Coterra Energy Buys Permian Assets for $4 Billion

We continue to mourn the loss of Cabot Oil & Gas (100% focused on the Marcellus in northeastern PA) following its merger with Cimarex Energy (an oil driller focused on the Permian and Anadarko…

14/11/2024

Plan for Massive 3,500-MW Va. Gas-Fired Plant Slashed 91% to 300-MW

Two weeks ago, MDN brought you the news that Christmas had come early with the announcement of a plan to build the country's largest natural gas-fired power plant at a proposed data center site in…

14/11/2024

Epsilon 3Q: Chesapeake Finally Brought Some Pa. Wells Online

Epsilon Energy issued its third quarter 2024 update last week. Epsilon, a relatively small company, used to concentrate most of its effort on developing Marcellus Shale wells. However, over the past…

14/11/2024

WhiteHawk Energy Keeps Up Public Pressure to Make PHX Merge

Some 15 months ago, WhiteHawk Energy, headquartered in Philadelphia with ownership of mineral and royalty interests for over 1 million gross unit acres and over 3,400 producing horizontal shale wells…

14/11/2024

An In-Depth Look at Lee Zeldin, Nominated for Head of EPA

Two days ago, MDN told you the great news that President Trump will nominate New York State's own Lee Zeldin to lead the viper's nest known as the Environmental Protection Agency (see Trump to Tap…

13/11/2024

PA EHB Blocks Work on Wastewater Injection Well in McKean County

In January, MDN brought you the news that the Pennsylvania Dept. of Environmental Protection (DEP) approved a plan by Catalyst Energy to convert an existing conventional gas production well on Route…

13/11/2024

Ascent Resources 3Q – Continues Shifting Focus to More Oil & NGLs

Ascent Resources, founded as American Energy Partners by gas legend Aubrey McClendon, is a privately held company focusing 100% on the Ohio Utica Shale. Ascent, headquartered in Oklahoma City, OK, is…

13/11/2024

EOG Grows Utica Drilling in 2025 – Will Operate 2 Rigs

EOG Resources, one of the largest oil and gas drillers in the U.S. (with international operations in Trinidad and China), owns nearly a half million acres of leases in the Ohio Utica. EOG calls its…

13/11/2024

Encino’s “Four Pillars” Transformed Co. into M-U’s Top Oil Producer

We’ve written a number of times about the Ohio Utica Shale and its beginnings with gas legend Aubrey McClendon, who, as CEO of Chesapeake Energy, was one of (if not THE) first to recognize the Utica…

13/11/2024

Fidelity Buys More Shares of Range Resources, Now Owns 11.35%

On November 8, 2024, FMR LLC, also known as Fidelity Investments, acquired 52,419 additional shares of Range Resources Corp. (RRC)---the very first and still one of the largest drillers in the…

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