Rig Count Drops, Permitting Picks Up a Bit in Utica Shale

WEEK ENDING 02/22/20

New permits issued last week: 8 (Previous week: 3)  +5
Total horizontal permits issued: 3200 (Previous week: 3192 +8
Total horizontal wells drilled: 2719 (Previous week: 2717)  +2
Total horizontal wells producing: 2451 (Previous week: 2451)  +-0
Utica rig count: 11 (Previous week: 12)  -1

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