Number of Producing Wells in Utica Surpasses 2,000
YOUNGSTOWN, Ohio – The number of horizontal wells producing oil and gas in the Utica shale in eastern Ohio has risen above 2,000, according to the latest data from the Ohio Department of Natural Resources.
ODNR says that as of Sept. 1, Ohio recorded 2,009 horizontal wells in production across the Utica shale. The agency reported there were 1,957 producing wells in the Utica the final week of August.
As of Sept. 1, ODNR reported that it had issued 2,881 permits for horizontal wells, of which energy companies had drilled 2,404.
The state said it issued eight permits for the week. Four were awarded to Chesapeake Exploration LLC for wells in Harrison County, three were issued to XTO Energy for wells in Belmont County and a single permit was issued to Triad Hunter LLC for a well in Noble County, according to ODNR.
The number of oil and gas rigs operating in the Utica stood at 20 for the week ended Sept. 1, unchanged from the previous week.
Copyright 2018 The Business Journal, Youngstown, Ohio.
Published by The Business Journal, Youngstown, Ohio.
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