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Tuesday, August 19, 2014

Utica Shale Blows Past Another Milestone in Latest Weekly Report

Ohio's Utica shale went flying past yet another milestone number in the latest weekly permitting update from the Ohio Department of Natural Resources.  This week the number to be reached was 500 producing wells.

19 new permits were issued last week.  8 of those were for Harrison County, 7 for Belmont County, and the remaining 4 for Carroll County.  10 of those permits were issued to Aubrey McClendon's American Energy Utica.

These 19 permits bring the cumulative total to 1,446.  The wells drilled number has grown to 1,025 after crossing over the 1,000 mark last week.  And after inching closer to 500 wells producing on last week's report, 52 new producing wells were added this week, bringing the new total of producing wells to 547.  The Utica rig count is 46.

View the whole report by clicking here.

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