Highlights Last year saw spike in number of permits issued Drilling efficiencies, DUCs limit need for permitting new wells Houston — Half as many natural gas drilling permits were issued during September in Pennsylvania compared with a year ago, indicating a producer response to high production levels and operators’ desire to live within their cash flow. Receive daily email alerts, subscriber notes & personalize your experience. Register Now This could be in response to continuing robust gas production in the region, which threatens to drive prices down, as well as an effort to live within cash flow. Pennsylvania only issued 134 permits to drill gas wells in September 2018, a big drop compared with September 2017, when 264 permits were issued, according to state Department of Environmental Protection data. The year-on-year decline in Pennsylvania permits issued reflects a general decline in permitting activity across the US Northeast, which could […]