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The surge in data center construction and their massive power needs are a major tailwind for the natural gas industry—especially in the Marcellus/Utica region. With regional power grids struggling to keep up, companies are flipping the model: instead of bringing power to data centers, they’re bringing data centers to the gas. As Brent Bobsein, VP of Sustainable Development at CNX Resources, puts it:
“If the power can’t reach the data centers, bring the data centers to the basin.”
Company Description
CNX is a premier ultra-low carbon intensive natural gas development, production, midstream, and technology company in Appalachia – one of the most energy abundant regions in the world.
CNX ranks #92 in wells drilled in 2023 with 30 wells drilled in the US
Operations
Areas of Operation – Utica and Marcellus Shale Play
Monongalia County, WV ranks #8 in the state for BOE produced in the most recent month (Dec 2018).
Washington County, PA ranks #7 in the state for BOE produced in the most recent month (Dec 2023).
Greene County, PA ranks #3 in the state for BOE produced in the most recent month (Dec 2023).
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CNX Wells Drilled – Since 2024
CNX Rig – April 2025
CNX Well Permit Summary
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