Analyzing Monthly New Permit Trends for PA, OH, WV Shale

August 27, 2024August 27, 2024

We spotted an article on the always-excellent NGI website (the Daily Gas Price Index) that said exploration and production (E&P) permitting activity shows a "summer slump" in natural gas plays, including in the Marcellus/Utica. The information in the article is from data compiled by Enverus and Evercore ISI. So, we decided to review our weekly new permit reports for the M-U to see if our data shows a slump over the past three months. Our data shows no slump in permitting but rather the opposite.

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