MDN’s New Special Report: Will There Be Marcellus Shale Drilling Near Me?
MDN is pleased to announce the new 24-page special report, Will There Be Marcellus Shale Drilling Near Me?, is ready for you to download—for free. This new report shows the number of Marcellus Shale horizontal well drilling permits applied for or issued from January 1, 2010 through February 16, 2011. The report covers the states of New York, Ohio, Pennsylvania and West Virginia, detailing the number of well permits by geography and by drilling company.
Why a Report on Drilling Permits?
Although signing bonuses can yield a respectable source of income for landowners, the real money occurs when energy companies drill on or near a landowner’s property. Energy companies need a permit in order to drill, so permits are a good barometer of the intentions of drilling companies.
Drilling permits are better than leases for signaling where there will be drilling activity because you need a permit to drill. Anyone can tie up land in a lease for years at a time—but energy companies that are actually drilling are the ones landowners will want to do business with. Permits point the way to those drillers who are serious.
To view this content, log into your member account. (Not a member? Join Today!)