ODNR Releases Updated Well Activity Maps for May 2020
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US Postal Service Subpoenas Chesapeake Energy on Royalty Payments
Chesapeake Energy continues to see its legal battles compound over its royalty-payment practices. Already facing lawsuits in several different states and having been subpoenaed by the U.S. Department of Justice, StateImpact Pennsylvania reports that another government outfit is taking a legal interest in the company's royalty payment strategies: Chesapeake Energy has been subpoenaed by the U.S. Postal service, seeking information on its royalty practices, according to a regulatory filing. As StateImpact Pennsylvania has previously reported , the Oklahoma City-based driller faces a slew of disputes and complaints over how it pays royalties. We've posted articles in the past that looked at some of the questionable practices that Chesapeake has employed to reduce the amount of royalties it pays out to landowners. As a quick refresher, note how ProPublica reporter Abrahm Lustgarten shared some of the details in an article which we shared here on The Daily Digger in March
Rig Count Declines Again in Utica Shale
WEEK ENDING 02/29/20 New permits issued last week: 3 (Previous week: 8 ) -5 Total horizontal permits issued: 3200 (Previous week: 3200 ) +-0 Total horizontal wells drilled: 2724 (Previous week: 2719 ) +5 Total horizontal wells producing: 2451 (Previous week: 2451 ) +-0 Utica rig count: 10 (Previous week: 11 ) -1