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Thursday, January 29, 2015

Only 8 New Utica Shale Permits Issued Last Week; Rig Count Rises

The latest weekly update on Utica shale permitting from the Ohio Department of Natural Resources shows that only 8 new permits were issued last week, in only 2 different counties.

5 new permits were issued for Monroe County sites, all to Antero Resources.  The other 3 permits were all issued to American Energy Utica for wells in Jefferson County.  Those 3 permits push Jefferson County to 52 total permits, making it the 8th Ohio county to cross the 50-permit mark.

With this latest activity, there are now 1,781 horizontal permits issued for Utica shale drilling in Ohio.  1,324 wells have been drilled, 726 wells are producing, and after dropping down to 43 last week, the Utica rig count is back up to 48.

View the report here.

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