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12 New Shale Well Permits Issued for PA-OH-WV Dec 15 – 21
The combined number of new permits issued to drill shale wells across the Marcellus/Utica region was 12 for the week of Dec. 15 – 21. Pennsylvania issued 8 new permits, while Ohio issued 4. West Virginia issued no new permits for that period. Among the companies receiving new permits were Seneca Resources, CNX Resources, Gulfport Energy, and EOG Resources. Read More “12 New Shale Well Permits Issued for PA-OH-WV Dec 15 – 21”
The venerable Baker Hughes rig count turned in its weekly report early last week, on Dec. 23 (Tuesday instead of the usual Friday) due to the holiday. The Marcellus/Utica rig count gained 1 rig three weeks ago in the Ohio Utica, bringing the total to 39 rigs. For the past three reports in a row, the M-U has maintained that count—the most rigs it has operated in more than a year. Pennsylvania has held at 18 active rigs for six consecutive weeks. Ohio has operated 14 rigs for three straight weeks (its highest in over a year). And West Virginia maintained 7 rigs, which it has operated since May 30. There were 24 rigs targeting the Marcellus and 15 targeting the Utica. The national count picked up 3 rigs, bringing the total to 545 active rigs.