Drilling permits in the natural gas-rich Marcellus, Utica and Haynesville shale plays showed strong month/month growth in December 2023 but remained 16% below the December 2022 total, according to the latest tally by Evercore ISI. The three formations, which together supply about 53% of Lower 48 gas output, had a combined issued permit count of…
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Permian, Powder River, Eagle Ford Drive Sharp Gains in Lower 48 Natural Gas, Oil Permitting
Lower 48 oil and gas permitting activity surged in March, driven by plays including the Permian and Powder River basins, and the Eagle Ford Shale. Regulators issued 4,439 onshore drilling permits during March, up 52% month/month and 35% year/year, according to the latest tally by Evercore ISI. The natural gas-rich Utica Shale was the only…
Texas Oil, Natural Gas Drilling Permits Jump in Haynesville, Permian
The Railroad Commission of Texas (RRC) reported the number of permits issued in June to drill wells in its East Texas District, which includes part of the gassy Haynesville Shale, jumped 200% year/year. RRC issued 42 permits to drill oil and gas wells in the East Texas area, aka District 6, compared with 14 permits…
PDC Gains OK to Expand Colorado Oil, Natural Gas Drilling Program
Denver-based independent PDC Energy Inc. has secured approval for its Kenosha Oil and Gas Development Plan (OGDP) in rural Weld County, CO. The OGDP entails 69 wells on three pads, management said. The approval by the Colorado Oil and Gas Commission “marks an important next step as PDC further increases its permitted inventory by another…
Lower 48 Oil, Natural Gas Permitting Climbs in February, Led by Permian, DJ and Eagle Ford
Lower 48 oil and natural gas permitting activity has picked up since the beginning of the year, climbing by 9% through February from a year ago, according to Evercore ISI. There were 188 more permits issued in February month/month (m/m). However, permitting was still down by half from February 2019, on the cusp of the…