Hilcorp Energy Remains Active in Columbiana County
YOUNGSTOWN, Ohio – Hilcorp Energy Co. continues to advance its natural gas program in the northern tier of Ohio’s Utica-Point Pleasant shale formation, nearly 10 years after it drilled its first well in the region.
The Ohio Department of Natural Resources reports that 12 new permits for horizontal wells were awarded to the company Feb. 25 for the Fairfield-Tarka well pad in Columbiana County’s Fairfield Township.
Ten of the horizontal laterals will be drilled through existing wells, while two others are planned as new wells, according to ODNR records.
In November, Hilcorp was awarded 11 new well permits in Columbiana County, records show.
ODNR also issued permits Feb. 17 for EAP Ohio, a division of Encino Energy Partners, for two new wells in Washington Township at the Janie Trust pad.
According to the U.S. Energy Information Administration, overall natural gas production across Appalachia – which includes both the Utica-Point Pleasant and the Marcellus shale in Pennsylvania and West Virginia – is expected to drop by 260 million cubic feet per day in March.
Oil production is also expected to decline by 1,000 barrels per day during the month.
Copyright 2024 The Business Journal, Youngstown, Ohio.