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Tuesday, November 27, 2012

Lagging Development Forces Drilling Supplier to Shut Down Zanesville Operation

From the Zanesville Times Recorder:
Edge Oilfield Services, a subsidiary of Key Energy Services, came to the area in January, to service Utica Shale drilling operations in the region by supplying frack stacks, well-testing services and hydraulic chokes. They also had shops in Pennsylvania and in the Bakken Shale play in North Dakota. 
Eight employees came to the area from Louisiana to run the local operation and then hired several more through temporary staffing agencies. 
But drilling development has been slow in the immediate area, with only three wells drilled nearby so far. 
The bulk of drilling is being done east and north of Guernsey County, which boasts 24 drilling permits. Carroll County leads the state with 155 permitted wells. 
No signs announcing the closure had been posted at the East Pike location and an equipment yard on the hill behind the building is empty. 
Messages seeking comment were left at corporate headquarters in Houston and at the Pittsburgh sales office.
Read the rest of the article by clicking here.

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