E&P Permitting Activity Showing Summer Slump in U.S. Natural Gas Plays

By Andrew Baker

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Published in: Daily Gas Price Index Filed under:

Permit approvals for U.S. onshore oil and gas drilling slowed in July versus June, dropping 8% to 1,538, according to new data compiled by Everus and Evercore ISI.

U.S. Oil & Gas Drilling Rig Summary

The decline was driven by the Permian Basin, which saw approvals overall drop by 9% or 64 permits to 666.

In the Appalachian Basin, the largest source of U.S. natural gas supply, permit approvals in the Marcellus and Utica shale plays totaled 162 in July, down from 171 in June. In the Haynesville Shale, the tally dipped to 26 from 29.

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Andrew Baker

Andrew joined NGI in 2018 to support coverage of Mexico’s newly liberalized oil and gas sector, and his role has since expanded to include the rest of North America. Before joining NGI, Andrew covered Latin America’s hydrocarbon and electric power industries from 2014 to 2018 for Business News Americas in Santiago, Chile. He speaks fluent Spanish, and holds a B.A. in journalism and mass communications from the University of Minnesota.