First Choice Energy

Wednesday, March 28, 2018

Trend Reverses as Utica Rig Count Goes Up Last Week

New permits issued last week: 14  (Previous week: 6+8
Total horizontal permits issued: 2797  (Previous week: 2787+10
Total horizontal wells drilled: 2307  (Previous week: 2299+8
Total horizontal wells producing: 1870 (Previous week: 1865+5
Utica rig count: 20 (Previous week: 16)  +4

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