From Crain's Cleveland Business:
Drawing on drilling rig activity reports published by Baker Hughes Inc., EIA said in a “Today in Energy” mini-report last week “that there were twice as many active rigs in Ohio's Utica oil and gas play at the end of October than a year ago,” MidwestEnergyNews.com reports.Read the whole article here.
The big difference was oil exploration.
“The growth in active oil-directed rigs has more than offset the declines in active gas-directed rigs. According to Baker Hughes, about 86 percent, or 24 out of 28 active rigs in the Utica play, were directed toward drilling for shale oil,” the EIA stated. A year ago, about 15% were looking for shale oil in the state.
Connect with us on Facebook and Twitter!