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Weekly Shale Drilling Permits for PA, OH, WV: Sep 13-19
A nice bump up (finally) in the number of permits to drill new shale wells in the M-U, although it’s a lot of wells for a relatively few well pads. Pennsylvania issued 19 new permits across five pads in both the northeast and southwest portion of the play, including 8 permits for a single Cabot Oil & Gas pad in Susquehanna County. Ohio issued just 3 new permits, all to Encino Energy for a single pad in Carroll County. And West Virginia issued a surprisingly high 18 permits to two drillers on three pads in two counties: Marshall and Monongalia.
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In May MDN told you about one of the oddest combinations in recent memory–the merger of Permian driller Cimarex Energy with Marcellus driller Cabot Oil & Gas (see 
Northeast Pennsylvania high schoolers are getting a look at what a career in the shale energy field looks like. The Susquehanna County Career and Technology Center in Dimock, in cooperation with Cabot Oil & Gas, is hosting its annual week-long Energy and Oilfield Career Experience summer camp. Susquehanna County, the only county where Cabot drills, is the #1 producer of natural gas in PA. Has been for years.
Cabot Oil & Gas announced on Friday as part of its second quarter 2021 update the company will *increase* production during the second half of this year. Cabot CEO Dan Dinges said because the Williams Leidy South Expansion Project will be fully online in 4Q and because the gas price outlook this winter is strong, the company plans to increase production by 4% in 3Q, and by a full 10% in 4Q. Finally! Somebody willing to drill more and produce more and make a profit doing it.