Utica Shale: By The Numbers For April
Posted in the Natural Gas Forum
#1 May 1, 2013
Building on strong numbers from the first quarter of 2013, Utica Shale development in the second quarter of 2013 has been taking off in Ohio. Of course, we see headlines each week in newspapers all over the Buckeye state indicating new jobs, investments, and opportunities thanks to increased oil and natural gas production, so this shouldnt really surprise anyone. And while development is good news for getting Ohio back on track, it is equally important to understand where Utica Shale development is helping boost Ohios economy.
To date, there have been 627 permits issued by the Ohio Department of Natural Resources for wells in the Utica/Point Pleasant geological formation. Of those 627 permitted wells, 310 of them have been developed, and 89 of those are in production.
Thus far, Utica Shale permits have been issued in the following 22 counties (updated county numbers in bold):
All of these permits have been provided to 27 companies that are developing Ohios shale resources...
READ THE REST FOR COMPANIES: http://www.eidohio.org/utica-shale-by-the-num...
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