Scranton Law Firm Says New Boom in Shale Drilling Coming in NEPA
We're always on the lookout for indicators and trends that tell us whether or not there will be more or less drilling (and leasing) in the Marcellus/Utica. Lately, we've seen a couple of mentions of new leases signed, at least in the Ohio Utica (see Signing Bonuses, Royalties, New Leases Pick Up in Ohio Utica and MWCD Signs Lease for 7,300 OH Acres – $5,500/Acre + 20% Royalties). What about Pennsylvania? An article in the Scranton Times-Tribune quotes a local law firm that represents drillers. The law firm is predicting a "gas boom reboot." We like the sound of that!
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