First Choice Energy

Friday, January 3, 2020

Utica Shale Permits and Wells Drilled Totals Have Declined 3 Weeks in a Row

WEEK ENDING 12/21/19



New permits issued last week: 2 (Previous week: 15)  -13
Total horizontal permits issued: 3192 (Previous week: 3205 -13
Total horizontal wells drilled: 2710 (Previous week: 2725)  -15
Total horizontal wells producing: 2422 (Previous week: 2422)  +-0
Utica rig count: 13 (Previous week: 12)  +1



WEEK ENDING 12/28/19




New permits issued last week: 2 (Previous week: 2)  +-0
Total horizontal permits issued: 3187 (Previous week: 3192 -5
Total horizontal wells drilled: 2706 (Previous week: 2710)  -4
Total horizontal wells producing: 2422 (Previous week: 2422)  +-0
Utica rig count: 12 (Previous week: 13)  -1

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