Tuesday, November 25, 2014
Utica Shale Leaps to Nearly 700 Producing Wells on Latest Report, With 1200 Wells Now Drilled
New permitting was down after a couple of very active weeks. Only 8 new permits were issued during the week ending November 22. Harrison County led the way with 4 new permits, while Guernsey followed with 3 and Monroe County saw 1 new well permit.
Despite the slow week of permitting, a couple of other numbers saw large increases. There were 24 wells added to the number of wells drilled, bringing that total to an even 1,200. Even more noteworthy was the jump in wells producing, from 618 last week to 698 this week. There have now been 1,638 wells permitted and the Utica rig count is 52.
Click here to view the actual report.
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