Leasing Activity Picks Up in Northern PA – for Utica!
One of the most-drilled Marcellus Shale counties in Pennsylvania has been Tioga County–just about dead center (horizontally) and at the top (vertically) of the state, sharing a boarder with New York State. Four to five years ago there was a leasing frenzy in Tioga and Potter counties, followed by a lot of drilling in Tioga and a little bit of drilling in Potter. Leasing activity all but stopped–then something really interesting happened. Recently Shell reported drilling 6 Utica Shale wells in Tioga County, the first two of which have turned in truly impressive production rates (see Shell Drills 2 Successful Utica Wells in NEPA Marcellusland). Apparently because of Shell’s success, leasing activity in Tioga and Potter (and even in McKean County) has once again picked up the pace–this time for leases to drill Utica wells…
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Yesterday’s election was, by all accounts, historic. It was a complete and utter repudiation of Barack H. Obama and his aggressive socialist policies–there’s no denying that. Republicans picked up governorships in most states where they ran. The one cloud was, unfortunately, Pennsylvania where California environmentalist wacko Tom Steyer’s $10 million+ purchased the governorship for the hapless Democrat Tom Wolf. One bright spot in PA (we challenge you to find this news in your local newspaper today) is that Republicans picked up MORE seats in both the PA House and Senate. Which means unless Republicans cave, there will be no severance tax to shut down Marcellus drilling in the Keystone State–at least for the next few years. Whew. In New York, Republicans (beyond all belief) held on and improved their majority in the Senate. The NY Senate is the only firewall against legislative action to permanently stop fracking in the Empire State. Whew. And what’s this, New England moves Republican???…
In August MDN told you about a string of seven small electrical generation plants to be built in northeastern Pennsylvania by IMG Midstream (see 
An MDN reader wrote editor Jim Willis yesterday to take issue with our observation that “it’s about time” Shell did something to advance their ethane cracker project in Beaver County, PA (see