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32 New Shale Well Permits Issued for PA-OH-WV Nov 15-21
Last week Pennsylvania issued 15 new permits for shale well drilling, up nicely from the prior week of just 2 new permits. Ohio issued 9 new permits last week, and West Virginia issued 8 new permits. All totaled, the M-U saw 32 new permits issued last week, the most we’ve seen in a single week for some time. More drilling on the way!
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One of our ace tipsters alerted us that Laurel Mountain Energy, a relatively new E&P (exploration and production) company is firing up a drilling rig to drill one, possibly two new Utica wells in Pennsylvania. You may recall MDN brought you the news one year ago that Laurel Mountain, essentially a reborn Vista Resources with big money backing from TPH Partners (Tudor, Pickering, Holt & Co.), had formed and set up headquarters in Pittsburgh (see