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 |
|---|---|---|---|
| Inflection Energy | — | Private | — |
| Pennsylvania General Energy | — | Private | — |
| Seneca Resources | — | Private | — |
Public-company tickers link to investor relations. Private operators are marked as such and do not carry a ticker.
Recent permit activity: 87 new drilling permits in the last 24 months.
We also buy overriding royalty interests (ORRIs) and non-participating royalty interests (NPRIs) in Lycoming County — common for tracts under leases held by major operators with carried-out royalty structures.
Yes. Lycoming 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 formation.
The most active operators we track in Lycoming County include Inflection Energy, Pennsylvania General Energy, Seneca Resources. We regularly buy interests held under leases with these operators.
Lycoming County sits in the Marcellus Shale, where the primary target is marcellus. Here we underwrite the Marcellus formation.
Yes — 87 new drilling permits were filed in Lycoming 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.
Pennsylvania leased large blocks of Tiadaghton, Tioga, and Sproul state forests in 2008–2010, and that leasing still drives drilling patterns in northern Lycoming County. Private tracts adjacent to or interspersed with state-forest units sometimes get pulled into the same drilling units, which can affect timing, well design, and unit economics. For an individual owner, what matters is whether your specific tract is in a permitted or producing unit, what the lease terms are, and whether the unit has retained Utica depths.
Inflection Energy (formerly Seneca Resources / NFG), Range Resources, and Repsol have run sustained programs in different parts of the county. Operator identity matters because development pace, completion design, and check accuracy all vary by operator. A producing unit operated by a well-capitalized public is generally easier to underwrite than one with marginal economics under a thinly-capitalized operator with refrac risk.
Like the rest of northeastern PA Marcellus, Lycoming gas is sold at a basis-discounted price relative to Henry Hub because of pipeline takeaway constraints. The basis is volatile and seasonal — winter heating demand can narrow it sharply; summer shoulder months can widen it. Annualizing 12 months of realizations is the right way to look at the unit; a single month or a Henry Hub assumption misstates value.
Closings on Lycoming 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.
Lycoming County sits in the Marcellus Shale, where operators are targeting marcellus. Activity is led by names like Inflection Energy, Pennsylvania General Energy, Seneca Resources, and new drilling continues to shape the play across the Marcellus formation.
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.
Lycoming County has steady development activity and we buy here regularly. If you own minerals in the county, we'd like to evaluate your tract.