Natural Gas Exploration in Pennsylvania Lester L. Greevy, Jr., Esq. 1460 Washington Blvd. Williamsport, PA (570) 326-6561

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Presentation transcript:

Natural Gas Exploration in Pennsylvania Lester L. Greevy, Jr., Esq Washington Blvd. Williamsport, PA (570)

Recent Permits by County Since 01/01/2007  Northeast  Bradford 158  Susquehanna 134  Lycoming 97  Tioga 88  Clinton 91  Wyoming 0  Columbia 0  Sullivan 0  Luzerne 0  Lackawanna 0

Recent Permits by County Since 01/01/2007  Southwest  Greene 900  Westmoreland 1103  Washington 997  Fayette616

Wells Drilled in Northeast  Range – 4H-1V – 0 online  Chief – 3H-4V – 2 online  Cabot – 15 wells – 5V online  Chesapeake – 6H-12V – 18 online  EOG – 2H

Current issues impacting drilling completion and production  Economy – reduced demand and price  Credit - tight  Environmental issues  Water Acquisition  Water disposal  Take away capacity  Granting pipeline  Right-of-way