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 shale formation.+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.
[[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.

Revision as of 03:43, 2 July 2009

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.

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.

Other gas exploration companies and the number of leases during 2008 were:

As of June, 2009, 10 companies were competing for leases in the county, and 83% of the county's land had been leased.

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