Weekly Shale Drilling Permits Issued for PA, OH, WV: Aug 3-7
Permits to drill new shale wells in the Keystone State (Pennsylvania) remain brisk. Two weeks ago PA issued 32 new permits. Last week PA issued another 30 permits. That’s 62 new permits in two weeks! Ohio issued no new shale drilling permits last week (disappointingly), and West Virginia issued six new permits last week.
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MDN is floating a potential new feature. We’d like your feedback. Below are lists of new shale drilling permits issued for the past four weeks for each state: Pennsylvania, Ohio, and West Virginia. Permits issued are a strong indicator of future drilling activity. Typically it is a matter of weeks to perhaps a month or two after a new permit is issued when a driller begins work on a new well. Permits are one of the best ways of predicting future drilling activity.