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25 New Shale Well Permits Issued for PA-OH-WV Jan 9-15
New shale permits issued for Jan. 9-15 in the Marcellus/Utica included 18 new permits in Pennsylvania, 5 new permits in Ohio, and 2 new permits in West Virginia. The top recipient of permits for last week was PennEnergy Resources, grabbing 6 permits to drill on a single pad in Butler County, PA. Right behind PennEnergy was Southwestern Energy with 5 permits total spread across all three states–3 in PA, and 1 each in OH and WV.
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We’re always on the lookout for indicators and trends that tell us whether or not there will be more or less drilling (and leasing) in the Marcellus/Utica. Lately, we’ve seen a couple of mentions of new leases signed, at least in the Ohio Utica (see 
As predicted last week by Reuters, Chesapeake Energy announced yesterday it is buying Marcellus driller Chief Oil & Gas plus associated non-operated assets from Tug Hill Operating for $2 billion in cash and approximately 9.44 million common shares. The total purchase price (given the current CHK stock price of $67/share) is roughly $2.6 billion. The combination makes Chesapeake a powerhouse driller in the northeast Pennsylvania Marcellus with 653,000 acres of leases.
Back in December, MDN editor Jim Willis had the delight and pleasure of attending an open house at the new location of the 
Last week 24 permits were issued to drill new shale wells in the Marcellus/Utica. Pennsylvania had the lion’s share with 19 new permits–most of those (10) were issued for two Chesapeake Energy well pads in Bradford County in the northeastern part of the state. Ohio had just two new permits, both on the same Southwestern Energy well pad in Monroe County. West Virginia had three new permits, one in Pleasants County and two in Marshall County.
The Pennsylvania Dept. of Conservation and Natural Resources (DCNR) published a notice in the November 20 Pennsylvania Bulletin that it has signed an oil and gas lease agreement with BKV Operating, LLC (Banpu, Thailand’s largest coal mining company and an investor/operator drilling shale wells here) covering 198.5 acres of the Susquehanna River located in Mehoopany and Washington Townships in Wyoming County.
Two out-of-state Members of Congress, Rep. Dan Newhouse (Washington-04) and Rep. Yvette Herrell (New Mexico-02), both members of the Congressional Western Caucus, recently took a field trip to northeastern Pennsylvania to get a firsthand look at how Marcellus drillers and midstream companies get the job done. They came away thoroughly impressed, to the point they penned an editorial for a local newspaper that begins with this sentence: “Pennsylvania’s natural gas producers are providing safe, reliable, and affordable energy for the United States and setting an example for states across the country.”