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Tuesday, December 13, 2016

Utica Rig Count Hits Highest Count of 2016 on Latest ODNR Update

The Utica shale rig count continues its late-2016 dance on the latest weekly permitting report from the Ohio Department of Natural Resources, while permitting slowed a bit from the previous week's activity.

Three permits were issued for Monroe County wells, and one each for Belmont and Harrison County sites, for a total of five new permits listed for last week.  That is down from 13 on the previous report.

Meanwhile, the Utica rig count rose to 23, which is up from 19 on last week's report and represents a new high mark for 2016.  This fits with a nationwide trend of rig counts on the rise.

Now there are 2,323 permits issued, 1,865 wells drilled, and 1,472 wells producing.

View the report below or by clicking right here.


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