New Shale Drilling Permits in PA for July 2021 Drop 52%

Although quarter after quarter and year after year natural gas production in the Pennsylvania Marcellus continues to go up (see PA Natural Gas Production Hits New All-Time High in 1Q21), unfortunately not the same can be said about permits to drill new wells. S&P Global Market Intelligence has researched shale permits issued in PA and has discovered the number of permits issued is down 52% for July 2021 versus permits issued in July 2020.

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