Pennsylvania· County Detail
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No broker fees. No auction. We close with our own capital.
By Brad Caponigro, Founder · Last updated
Per the state well registry. Per-county monthly volumes are not published for Pennsylvania; well counts and operator activity are the closest proxy for ongoing production.
| Operator | Parent | Ticker | HQ |
|---|---|---|---|
| EQT Corporation | — | Private | — |
| CNX Resources | — | Private | — |
| Expand Energy | — | Private | — |
Public-company tickers link to investor relations. Private operators are marked as such and do not carry a ticker.
Recent permit activity: 186 new drilling permits in the last 24 months.
We also buy overriding royalty interests (ORRIs) and non-participating royalty interests (NPRIs) in Greene County — common for tracts under leases held by major operators with carried-out royalty structures.
Yes. Greene County is on our active buy list. We buy mineral interests, royalty interests, NPRI, and ORRI on both producing and non-producing tracts targeting the Marcellus and Utica formations.
The most active operators we track in Greene County include EQT Corporation, CNX Resources, Expand Energy. We regularly buy interests held under leases with these operators.
Greene County sits in the Utica Shale, where the primary target is marcellus / utica. Here we underwrite the Marcellus and Utica formations.
Yes — 186 new drilling permits were filed in Greene County in the last 24 months. Recent permit activity is one of the inputs we weigh when sizing an offer on undeveloped or PDP-only acreage.
Greene County sits in the thickest, most thermally-mature dry-gas Marcellus footprint in the state. EQT, CNX, and a handful of other operators have run continuous, high-density horizontal programs there for over a decade, and the rock economics support continuing development at most of the price decks the market sees. Royalty interests in Greene County trade on PDP cash flow plus remaining undeveloped acreage, with active permits and the local lease program informing the undeveloped piece.
Most Marcellus-era leases in Greene County carry royalty rates between 12.5% and 20%, with the higher rates typically signed during the 2010–2012 leasing peak. Older leases often have weaker post-production cost language and may include depth limitations that exclude the Utica below. Newer leases tend to have stronger market-enhancement clauses but were signed under different bonus expectations. The vintage and language of the actual lease, not the county average, is what drives the underwriting on a producing unit.
There has been intermittent Utica drilling in Greene County, but the dominant economic horizon remains the dry-gas Marcellus. If your lease is held by Marcellus production and covers the Utica at depth, any future Utica development carries through to your royalty without re-leasing. If the lease is depth-limited to the Marcellus, the Utica is a separate negotiation. Title and lease language are what matter — a generic "Greene County Utica" valuation does not exist; it is always tract-specific.
Closings on Greene County mineral rights typically take 7 to 30 days from the date you accept our offer, depending on title complexity. We handle county-level title work, PSA drafting, mineral deed preparation, and notary coordination at our expense.
Just a tract description (abstract or survey, section/township/range, or a legal description from your deed) and any recent royalty check stubs if the interest is producing. You do not need to gather deeds or title opinions up front.
Greene County sits in the Utica Shale, where operators are targeting marcellus / utica. Activity is led by names like EQT Corporation, CNX Resources, Expand Energy, and new drilling continues to shape the play across the Marcellus and Utica formations.
If you hold mineral rights, royalty interests, NPRI, or ORRI anywhere in the county, we'd like to put a written offer in front of you. Every offer we send is funded from our own balance sheet — there's no auction, no broker markup, and no third-party capital waiting to approve the deal.
Greene County has steady development activity and we buy here regularly. If you own minerals in the county, we'd like to evaluate your tract.