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Wednesday, January 25, 2017

Rig Count Drops and Permitting Slows in Utica Shale

A week after reporting 13 new permits and a rig count of 24, the Ohio Department of Natural Resources had only 6 new permits and a rig count of 23 on the latest weekly permitting update.

Five of the six permits issued went to Antero Resources for Noble County wells, while the one remaining permit was issued to Gulfport Energy for a well in Belmont County.

This slower week brings the new cumulative totals to: 2,359 wells permitted, 1,889 wells drilled, and 1,480 wells producing.

View the report by clicking here.

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