Bradford
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- | As of the beginning of October, 3,644 leases had been recorded during 2008 in '''Bradford County''', [[Pennsylvania]]. The county is considered to be a honeyspot of the [[Marcellus shale]] development and has one of the thickest areas of the formation. | + | As of the beginning of October, 3,644 leases had been recorded during 2008 in '''Bradford County''', [[Pennsylvania]]. The county, located on the [[New York|New York border]] in the northeastern part of the state, is considered to be a honeyspot of the [[Marcellus shale]] development and has one of the thickest areas of the formation. It led Pennsylvania in Marcellus drilling permits during 2009. |
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+ | === Chesapeake became county's largest leaseholder in 2008 === | ||
[[Chesapeake Energy]] recorded 2,018 gas leases during 2008, which is by far is the largest number from any one company. Chesapeake continued to be very active during 2009. For example, according to a June, 2009 report, Chesapeake submitted an additional 70 applications for drilling permits alone during the month of May. By way of comparison, a separate report gave an overall total number of permits approved up through April, 2009 by all companies as having been 229. | [[Chesapeake Energy]] recorded 2,018 gas leases during 2008, which is by far is the largest number from any one company. Chesapeake continued to be very active during 2009. For example, according to a June, 2009 report, Chesapeake submitted an additional 70 applications for drilling permits alone during the month of May. By way of comparison, a separate report gave an overall total number of permits approved up through April, 2009 by all companies as having been 229. | ||
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+ | === Leasing by other companies === | ||
Other gas exploration companies and the number of leases during 2008 were: | Other gas exploration companies and the number of leases during 2008 were: | ||
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As of June, 2009, 10 companies were competing for leases in the county, and 83% of its land had been leased. | As of June, 2009, 10 companies were competing for leases in the county, and 83% of its land had been leased. | ||
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+ | === Sixfold increase in 2009 activity === | ||
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+ | By year-end 2008, 63 Marcellus shale drilling permits had been issued in Bradford County. 17 wells had been drilled. By the November 30, 2009, 92 wells had been drilled representing a sixfold increase in numbers over the previous year. 383 drilling permits had been issued by November 30, 2009 thus making Bradford county ground zero for Marcellus shale drilling in 2009 and probably for 2010 as well. |
Revision as of 18:38, 4 January 2010
As of the beginning of October, 3,644 leases had been recorded during 2008 in Bradford County, Pennsylvania. The county, located on the New York border in the northeastern part of the state, is considered to be a honeyspot of the Marcellus shale development and has one of the thickest areas of the formation. It led Pennsylvania in Marcellus drilling permits during 2009.
Chesapeake became county's largest leaseholder in 2008
Chesapeake Energy recorded 2,018 gas leases during 2008, which is by far is the largest number from any one company. Chesapeake continued to be very active during 2009. For example, according to a June, 2009 report, Chesapeake submitted an additional 70 applications for drilling permits alone during the month of May. By way of comparison, a separate report gave an overall total number of permits approved up through April, 2009 by all companies as having been 229.
Leasing by other companies
Other gas exploration companies and the number of leases during 2008 were:
- Chief Exploration & Development LLC: 627
- Elexco Land Services Inc.: 199
- Range Resources: 172 - (Update 4/2009 - 40,000 acres under lease)
- East Resources Inc.: 162
- EOG Resources Inc.: 111
- Fortuna Energy Inc.: 100
- Great Lakes Energy Partners: 49
- Vavco: 12
As of June, 2009, 10 companies were competing for leases in the county, and 83% of its land had been leased.
Sixfold increase in 2009 activity
By year-end 2008, 63 Marcellus shale drilling permits had been issued in Bradford County. 17 wells had been drilled. By the November 30, 2009, 92 wells had been drilled representing a sixfold increase in numbers over the previous year. 383 drilling permits had been issued by November 30, 2009 thus making Bradford county ground zero for Marcellus shale drilling in 2009 and probably for 2010 as well.