Permits

Natural Gas, Oil Permitting Slump in April, with Haynesville and Marcellus Notably Lower

Natural Gas, Oil Permitting Slump in April, with Haynesville and Marcellus Notably Lower

Natural gas and oil permitting dipped sharply in April from a month earlier, with double-digit losses nearly across the board, according to Evercore ISI. The energy analysts at Evercore, led by James West, every month compile permit data from state and federal officials to determine the direction of U.S. drilling. Once an onshore permit is…

May 17, 2023
Equitrans CEO Sees ‘Narrower’ Path to MVP Completion this Year 

Equitrans CEO Sees ‘Narrower’ Path to MVP Completion this Year 

The embattled Mountain Valley Pipeline (MVP) has a shot at completion this year despite a recent setback in federal court, according to management of project sponsor Equitrans Midstream Corp. CEO Thomas Karam vented about MVP’s arduous regulatory journey during a conference call to review Equitrans’ first quarter earnings. The 303-mile pipeline would supply 2 Bcf/d…

May 5, 2023
DOE Denies Lake Charles LNG Request to Extend Start of Exports

DOE Denies Lake Charles LNG Request to Extend Start of Exports

The U.S. Department of Energy (DOE) has denied an Energy Transfer LP affiliate’s request to again extend the deadline for starting exports from its proposed Lake Charles LNG facility in Louisiana.  In an order denying the application for an “unprecedented second extension,” DOE said Friday that the project had failed to show good cause for…

April 24, 2023
Permian, Powder River, Eagle Ford Drive Sharp Gains in Lower 48 Natural Gas, Oil Permitting

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…

April 21, 2023
Lower 48 Oil and Natural Gas Permitting Rises, but Not Everywhere

Lower 48 Oil and Natural Gas Permitting Rises, but Not Everywhere

Nearly 3,000 permits were issued in February to explore for U.S. oil and gas, a slight increase from January but down nearly 9% from a year ago, according to state and federal data. Evercore ISI, which tracks oil and gas permitting data, said 2,929 permits gained approval in February, up by 211 or 8% from…

March 21, 2023
Transco’s Appalachian Natural Gas Expansion Facing Early Opposition 

Transco’s Appalachian Natural Gas Expansion Facing Early Opposition 

FERC has issued a certificate to the Transcontinental Gas Pipe Line Co. LLC (Transco) Regional Energy Access Expansion Project (REAE), but environmental groups are planning to oppose it.  The project would expand natural gas capacity from the shale fields of Northeast Pennsylvania to other delivery points in the state, along with those in New Jersey…

January 20, 2023
Lower 48 Natural Gas, Oil Permitting Rebounds in December, Led by Texas and Wyoming

Lower 48 Natural Gas, Oil Permitting Rebounds in December, Led by Texas and Wyoming

U.S. natural gas and oil drilling permit activity ended the year surpassing expectations, climbing 13% in December or up by 389 permits from November, according to Evercore ISI. The energy analyst team led by James West compiles domestic permitting figures using state and federal data. Lower 48 permits often are issued three to six months…

January 18, 2023
Proposed Federal Water Rule ‘Complicates Already Burdensome’ Natural Gas, Oil Permitting, Says API

Proposed Federal Water Rule ‘Complicates Already Burdensome’ Natural Gas, Oil Permitting, Says API

The U.S. Environmental Protection Agency (EPA) and Department of the Army have issued a proposed redefinition of the Waters of the United States (WOTUS) under Section 401 of the Clean Water Act (CWA) in a move that has the potential to affect natural gas infrastructure projects.  Before closing off 2022, the EPA and Army in…

January 9, 2023
Domestic Oil, Natural Gas Permitting Slumps in November, but Trajectory for Record Year

Domestic Oil, Natural Gas Permitting Slumps in November, but Trajectory for Record Year

U.S. oil and gas permitting fell for the second month in a row in November, but it continues on track for a year-end high, according to Evercore ISI. The domestic permit count declined by 7% month/month (m/m) last month, down by 245. The pullback came after October slumped by 16% from September.  Still, the permit…

December 20, 2022
Lower 48 Permitting Ends September with Gains Led by Permian, Haynesville

Lower 48 Permitting Ends September with Gains Led by Permian, Haynesville

Oil and natural gas permitting climbed in September from August by 26% and rose nearly 60% from a year ago, ending the third quarter on a positive note, according to Evercore ISI. Analysts said there were 809 more requests to drill in September month/month (m/m). The Permian Basin led the way, rebounding by 47% from…

October 14, 2022