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Tuesday, April 28, 2015

Permitting Picks Up on Latest Report as Rig Count Continues to Fall

There was an uptick in new permitting for Utica shale drilling last week, according to the weekly report from the Ohio Department of Natural Resources.  In fact, more permits were issued last week than in the three preceding weeks combined.

In all, there were 10 new permits issued, compared to just nine over the three weeks prior.  Four of the new permits were issued to Chesapeake for wells in Carroll County, four more went to Antero Resources for Monroe County wells, and the final two were for American Energy Utica wells in Belmont County.

There have now been 1,883 permits issued for horizontal drilling in Ohio's Utica shale.  1,463 wells have been drilled, and 854 are now producing.  Despite the increased permitting activity, the Utica rig count continued to fall.  It now stands at just 22.

You can view the entire report below, or by clicking here.


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