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Wednesday, September 2, 2015

No New Permits Last Week, But Utica Shale Crosses 1,000 Producing Well Mark

After permitting in the Ohio Utica shale had picked up in the week ending August 22, it slowed to a standstill last week according to the latest report from the Ohio Department of Natural Resources.  However, the report also shows that the play has passed another milestone number.

Not only were there no new permits issued in the week ending August 29, but the total number of permits issued actually went down one from the previous week's report.

That leaves the total number of permits issued at 1,996.  The number of wells drilled held steady at 1,586.  The number of producing wells, though, climbed by six and pushed over the 1,000 mark, finishing the week at 1,004.  The Utica rig count stayed at 21.

View the report below.


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