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Wednesday, April 30, 2014

Utica Shale Up to 1,230 Permits After Last Week's Action

The latest report from the Ohio Department of Natural Resources shows that 13 new permits were issued for horizontal drilling in the Utica shale last week.

Guernsey County continues to be a hot spot for new permitting.  With 6 new permits last week, it has been the location for 33 of the last 95 wells permitted in the state.  Eclipse Resources is the operator on all 6 of those wells permitted last week.  4 permits were for Monroe County, which is where 5 of the top 10 gas-producing wells on the 2013 fourth quarter production report are located.  2 permits were for Belmont County, which now has 99 total permits.  The final permit went to Carroll County, which creeps within 3 of having 400 permitted wells.

The new cumulative totals: 1,230 wells permitted, 838 wells drilled, 392 wells producing.  The Utica rig count is 39.

Click here to view the whole report.

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