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Wednesday, August 26, 2015

12 New Permits Issued Last Week; Number of Producing Wells Climbs

The latest weekly permitting update from the Ohio Department of Natural Resources has been released.  It was one of the more active permitting weeks seen recently, and some of the other figures on the report saw significant increases as well.

12 new permits were issued during the week ending August 22.  Harrison and Belmont counties were the most active spots, each seeing four new permits.  All four in Harrison County went to Chesapeake Exploration, while the four in Belmont were all issued to Rice Drilling.  Noble County saw three new permits, all issued to Antero Resources.  The lone remaining permit was issued to American Petroleum Partners for a well in Jefferson County.

The relatively active week of new permitting pushes the cumulative total of permits issued to 1,997, making it somewhat likely that the Utica shale in Ohio will cross the 2,000 permit mark on the next report.  The number of wells drilled also increased by 16 to reach a new total of 1,586.  And a week after climbing by 34, the number of producing wells saw a sizable increase again.  It rose by 29 to reach a new total of 998.  The Utica rig count fell, however, from 25 to 21.

View the whole report below.


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