In the natural-gas-rich Marcellus, particularly in Pennsylvania and West Virginia, the opposite is true. Gas companies are rushing to produce from idle wells, and that means that at the end of June the fracklog in the Marcellus was the smallest it has been since the government began collecting data (though that was just over three years ago). Companies are completing their wells in part because new pipeline capacity is expected to come online soon and open up more opportunities to get gas to market. Exports are booming as well, as pipelines to Mexico and Canada are filled and America’s recent foray into liquefied natural gas exports continues to expand.
New drilling is increasing too, and output from the Marcellus is expected to reach record levels next month. In other words, West Virginia, Pennsylvania, and Ohio continue to be some of the hottest places to work in the otherwise flat oil and gas business. If your company is looking to take up new acreage in the area, consider using some of the most experienced land experts in the area from Cimmaron Land. Our experts have years of experience in matters ranging from title examination to abstracting to lease and right-of-way acquisition, and we are here to help you get the job done right.