34 New Shale Well Permits Issued for PA-OH-WV Jun 13-19
We finally started to see more permits issued again last week. After the Marcellus/Utica was in the permit doldrum for nearly a month, bumping around at 20 permits or below, last week the number increased to a total of 34 permits issued to drill new shale wells. Pennsylvania issued 13 new permits, with seven of them going to Coterra Energy in Susquehanna County on the same pad. Ohio issued 14 new permits, with 12 of them going to Ascent Resources distributed across four different counties. And West Virginia issued seven new permits, all of them to Antero Resources, all in Doddridge County.
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It appears the wind has gone right out of the sails when it comes to issuing new permits for shale drilling in the Marcellus/Utica. For the week of May 23-29, only six new permits were issued. Four of the permits were issued in Pennsylvania, two in West Virginia, and none in Ohio. This is the lowest number in a single week we’ve seen in maybe forever. A measly, lousy six permits!