New Shale Well Permits Issued in PA Down in November

Although we shared the good news today that production in the Marcellus/Utica is up in December (see Higher Regional Prices/Demand Leads to Record M-U Dec. Production), we now share the not-so-good news that the number of permits issued in November in Pennsylvania, the biggest M-U producing state, dropped 57% year-over-year.

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