After 2 Dead Weeks, Permitting Picks Back Up in Utica Shale as Rig Count Drops

WEEK ENDING 10/05/19

New permits issued last week: 10 (Previous week: 0)  +10
Total horizontal permits issued: 3177 (Previous week: 3162 +15
Total horizontal wells drilled: 2707 (Previous week: 2699)  +8
Total horizontal wells producing: 2339 (Previous week: 2320)  +19
Utica rig count: 11 (Previous week: 14)  -3

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