Rig Count Drops and Permitting Slows During Holiday Week

Typically the weekly Utica shale permitting report from the Ohio Department of Natural Resources reflects decreased activity during a holiday week, and last week was no exception.

Only two new permits were issued last week, one for a Belmont County well site and one for a Monroe County well.  The Utica rig count fell for the first time in several weeks, dropping from 21 on the previous report to 19 on this one.

The cumulative totals now stand at 2,312 wells permitted, 1,856 wells drilled, and 1,468 wells producing.

Read the report below or click here to download it.

Connect with us on Facebook and Twitter!

Popular posts from this blog

The Second Largest Oil and Gas Merger - Cabot and Cimarex

Pennsylvania Operator To Acquire Three Natural Gas Producers

Do You Know The History of Fracking?