PA Adopts New Budget Making Utica Shale Wells Easier to Drill

On July 12, the Pennsylvania Senate and House passed, and Governor Josh Shapiro signed into law, a $50.84 billion General Fund budget. It was only 12 days late this year. This is a net-positive budget for the Marcellus/Utica industry. It contains no new taxes or fees on production, delivers a long-sought modernization that unlocks the deep Utica play, and builds legal scaffolding favorable to gas-fired power for data centers. The only new obligations — full-cement plugging and (for midstream-adjacent projects) data-center reporting — are modest.

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