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44 New Shale Well Permits Issued for PA-OH-WV Feb 7-13
Last week the number of new shale permits issued for the three M-U states more than doubled from the previous week. Four weeks ago there were 61 new shale drilling permits issued in Pennsylvania, Ohio, and West Virginia. Three weeks ago that number fell to 33. Two weeks ago the permit number fell again, to just 20. Last week? The number bounced back up to 44 new permits. PA issued 24 new permits, OH issued 18 permits, and WV issued 2 new permits.
Read More “44 New Shale Well Permits Issued for PA-OH-WV Feb 7-13”
Last week 18 permits were issued to drill new shale wells in the Marcellus/Utica, down from 24 the week before. Pennsylvania had the most new permits with 12, mostly in the northeastern part of the state in Lycoming and Susquehanna counties. Ohio had four permits evenly divided between Columbiana and Harrison counties. West Virginia had just two lonely permits, one in Lewis and one in Wetzel counties.
Economists are still analyzing the impact of the coronavirus pandemic from 2020, let alone assessing impacts from 2021. Cleveland State University researchers have run the numbers and have discovered something interesting. Of Ohio’s 88 counties, only 18 grew their economies in 2020. Of those 18, two counties stood head and shoulders above the rest for increases in economic activity. Both counties have something in common: Utica Shale drilling.
A healthy number of permits were issued to drill new shale wells across the Marcellus/Utica region last week. Pennsylvania issued 19 new permits in both southwest and northeast PA. Ohio issued 8 new permits, all of them to a single driller (Ascent Resources) for two well pads in two different counties. West Virginia issued 9 new permits–all but 2 of them were issued to Antero Resources in Tyler County.
In February 2020, Pennsylvania Dept. of Environmental Protection (DEP) Secretary Pat McDonnell sent a letter to the federal Pipeline and Hazardous Materials Safety Administration (PHMSA). McDonnell’s letter alleges Shell’s 97-mile, two-legged Falcon pipeline system that will carry ethane to the mighty Shell cracker plant now under construction in Beaver County, PA, “may have been conÂstructed with deÂfecÂtive corÂroÂsion coatÂing proÂtecÂtion.” It’s an explosive charge just coming to light now, more than a year later.
Ascent Resources has listed for sale two “packages” of its assets in the core of the Utica Shale in Ohio. One package contains a non-operated interest in 68 wells and 1,362 net leasehold acres. The second package includes a royalty interest in 10 wells and 106 net revenue interest acres. Details on where the assets are located (which counties) and other details are in the listing below.