Where are the drilling rigs in Pennsylvania?

by farmgas

Oct 22

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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    paleface

    Tioga county has a lot of activity..

    5

    Oct 24

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      Kambe

      well, this news could have some impact.  See Link  Penn Energy Capital Boost

      1

      on Wednesday

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        Kambe

        from Marcellus Drilling News this week

        Pennsylvania issued 23 new permits last week, up from 19 the previous week. Ohio issued 11 permits, a slight decrease from 13 two weeks ago. And West Virginia issued 5 new permits, the same number as two weeks ago. Just, wow!

        on Friday