Where are the drilling rigs? Were we not supposed to see more drilling activity starting this year? Is supply glutted now? Has demand not increased as forecast? Are pipelines operating at peak capacity? Is it solely a matter of needing more pipelines? With local upcoming AI & natural gas electricity generation facilities it seems that regional pipelines will be adequate.
Are gas companies choosing to operate solely in maintenance mode now? Drill new wells only as needed to maintain production levels. Given that a new pad with new wells may take two years to create, does it not it seem that now is the time to add more wells?
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Who will be the dominant gas players in Central PA including Indiana< Armstrong & Westmoreland counties? Will it be CNX or EQT or someone else?
INR was pretty active this year in Indiana County, with 3 wells completed in Young Township, 4 wells started in July in Armstrong Township (should be on line soon). 4 wells received permits in Young township
35 wells were permitted in Armstrong county, by Synder Brothers and Penn Energy.
INR has been active in those two townships. Don`t know how many more wells can be drilled by them, but then what will they do? Utica maybe?
You haven't seen them lease? And yes, I think at some point in the near future they will need to drill Utica wells.
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