Rig Count Climbs Again in the Utica Shale

The Ohio Department of Natural Resources reported that only two new permits were issued for Utica shale drilling last week.  Despite the slow permitting week, the rig count continued to rise for the second straight week.  This time it went up by three, from 16 last week to 19 on the latest report.

The cumulative total of permits for horizontal drilling in Ohio's Utica shale hit 2,300 with the two permits issued last week.  1,838 wells have been drilled, and 1,432 are producing.

View the report below or by clicking here.

Connect with us on Facebook and Twitter!

Popular posts from this blog

The Second Largest Oil and Gas Merger - Cabot and Cimarex

Is a Strong Oil Demand Expected This Year?

Pennsylvania Operator To Acquire Three Natural Gas Producers