We are halfway through 2021, and now what is the outlook for further development in PA, Ohio & WV?  Are prospects looking better for this year or will 2022 be a better year for us?  Everything seems to be at a standstill?  Why??   Anyone with encouraging news?

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I kind of have the same question.
They built a compressor plant on my prop a few years ago and just finished drilling 6 well under my land. They have 12 well drilled in this area from the same site .All I seen was they got another permit a few month ago from Pa , for a super well going a drifferent direction, useing over 100 acre of my land. But nothing seem to be going on other then that.

In general I'm seeing signs of life in the oil and gas industry.  The price of natural gas is approaching 4.00/MMBtu, the price of oil is over $70/bbl still, rig counts are slowly creeping up, the amount of gas in storage is below the five year average, and demand is either back to normal or up a bit.  If anything we're setting up for another boom.  I really hope that oil and gas companies control themselves, and that investment bankers keep themselves in check, because a boom is always followed by a bust.  I'd rather see slow and stead growth, like what's happening right now.

Thanks Kyle for such a positive reply, and somewhat comforting too, although still frustrating  waiting for progress.

Farmgas , talk about 'frustration ' ?? I own 4 parcels that might never get a look thanks to our Gov in NY .... Closest to  Tioga is a parcel in Lindley , 1/2 mile away from a big gas transmission line .... Another parcel is a mile away from the most productive gas well in the history of NY .........Just NW of Corning ......  

The mandate in the Energy sector is  Free Cash Flow ..... The age of ten to twenty percent production growth while taking on additional debt is over ....

 Most producers will show restraint and take their current windfall  profits to pay down debt ... Many have or will institute variable dividends ... Higher the profit , the higher the dividend , profit drifts lower the divided get reduced .... The days of $5,000 per acre lease bonuses are over , the rush for new and exciting plays is over .... 

 LNG exports is carrying the price to $4 today , without strong overseas demand for our N Gas , domestic gas prices would be down in the mud again ...... The currently produces more gas than we use domestically and are currently exporting  12 BCF/ d ... Without that huge export number , gas producers / Investors / Royalty folks would in deep financial pain ...  

Cabot is merging with a Permian player XEC ... Although Cabot has the lowest cost of production in the US , Cabot has gotten Zero 'love' from Investors ..... Lack of future growth due to lack of pipeline availability and limited tier 1 [ less than ten years ] has put COG share price in the doghouse ....... Cabot receives well below the state Henry Hub price due to this lack of pipeline takeaway .....This has hurt Investors and Royalty Owners ........ 

 CHK in NE PA also has to keep future production growth in check to the same problem of lack of pipeline takeaway..... NFG has been fighting NY in court for years over restriction / hurdles NY has placed on a proposed NFG pipeline running North .... 

 Meanwhile due to lack of gas in the winter , the city of Boston BUYS imported LNG from the Mid East ,,, strange times indeed  

So Ralph, what you are saying is that the lack of pipelines are choking off somewhat,  the marketing ability of selling our gas production. Am I correct?  The COVID scare has really caused havoc with the economy of our country, let alone the rest of the world.      Granddad Ladd

The lack of pipelines has crushed investors in  Cabot ... COG has the lowest cost gas in the Nation yet its share price is down in the dumps .... The Market likes growth , dislikes status quo ... COG cannot grow due to politicians fighting any new pipes .... Investors now think of Cabot as 'dead' in the water .....  Politicians killed their outlook for rewarding shareholders ....

CHK also has to hold back production in NE PA ... Lack of pipes .... They compete with others for available capacity and the end result is LOWER prices for their gas along with Cabot and others .... This situation hurts the shareholders , the workers and the ROYALTY holders in the region , as their gas is almost always sold below fair market values ......... 

Does West Virginia & Ohio have a similar daily "new permit" public system as PA does?  Would be interesting to track for these states vs PA.  Please list their websites if available.  Thank you

AR possibly the biggest producer in WV has 'sworn ' to keep production flat ...... Same can be said for SWN in WV .........

 Ohio Utica is expensive , mostly cannot compete with lower cost Marcellus 

Why is Ohio Utica expensive?  Is it a wet gas and requiring more processing?

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