Dry Gas Drilling Slowdown Results in Layoffs in PA

Although historically low natural gas prices are great for consumers, it’s not so great for some in the shale gas drilling industry. Because drillers are changing their focus away from drilling in the “dry gas” areas of the Marcellus Shale play and instead focusing on the “wet gas”—or liquids-rich—portion of the play, it causes a slow down for some businesses and leads to layoffs in certain industries, like title searching. Title searches of property deeds are a necessary part of acquiring leases for drilling.

A title search company in western PA has just laid off nearly half of their staff:

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