Weekly Shale Permits Issued for PA, OH, WV – Apr 27 to May 1
After positive feedback from our inaugural weekly drilling permits report last week (see MDN New Feature: Weekly Permits Issued for PA, OH, WV), MDN has decided to proceed with a weekly “permits issued” report. Below are permits issued last week for new shale well drilling in PA (23 new permits), and OH (7 new permits). There were no new permits issued in WV 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.