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Tuesday, July 9, 2013

BP Planning 2,000 Wells in Trumbull County?

Mixed into a story by the Tribune Chronicle about a business that is growing thanks to the shale boom is a tidbit about BP's big plans for Trumbull County.  The company has gotten off to a rather slow start in getting permits and developing the many acres acquired in the area, but the article says:
"This is the first four wells (contracts) they are handing out, and they are thinking there will be 2,000 of them. They are all in Trumbull County. It's going to be huge."
So despite the underwhelming amount of early activity from BP, it appears that it still has high hopes for the Utica shale.  Read the whole article here. 

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