West Virginia’s role as a hub for natural gas has been bolstered as Antero, the state’s largest driller, recently announced plans to ramp up production in 2025. Shale industry officials have reported a surge in Marcellus and Utica shale drilling permits issued in the state, a positive marker of continued growth in the region. In 2025, Antero plans to drill 50 to 55 new wells and complete 60 to 65 wells with a capital budget between $650 million and $700 Million. The company also plans to invest between $75 million and $100 Million in additional leasehold acquisitions. Antero’s financial investment in West Virginia signifies a commitment to long-term growth in West Virginia’s shale industry and confidence in the future of shale drilling.
This information has been summarized, read the full WVNews article on the surge in shale drilling permits in West Virginia.