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The sharp analysts at RBN Energy have sifted through the announcements and "guidance" statements from 42 of the country's major publicly-traded oil and natural gas drillers for 2023. Among them are 11 gas-focused drillers, nine of which have operations in the Marcellus/Utica region. Looking at the list of 11 gas-focused drillers, RBN finds production will
New shale permits issued for Mar. 13-19 in the Marcellus/Utica dropped by two from the prior week--we think. There were (we think) 28 new permits issued in total last week, including 24 new permits for Pennsylvania, 4 new permits for Ohio, and West Virginia's permit database seems to be broken. Hence our comment that we're
Last Friday, we brought you the big news that Jeff Ventura, the long-time CEO of Range Resources (and the first guy to drill a Marcellus well, ever), is retiring in June (see Range CEO Jeff Ventura Retiring, COO Dennis Degner to Replace Him). Dennis Degner, Range's current top driller, has been tapped to replace him.
Ventura exits Range Resources weeks after reports that the Marcellus E&P might be purchased by Pioneer Natural Resources, which the Permian company denied.
This is huge news. Range Resources dropped the bombshell yesterday that long-time CEO Jeff Ventura (65 years old), who has been with the company for almost 20 years (started out in 2003 as Chief Operating Officer), and the guy who drilled the very first Marcellus Shale well ever (in 2004), is retiring in June. Equally