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Saturday, August 30th, 2014
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Saturday, 14 June 2014 11:17

Local counties pass "century" mark for drilling permits

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Guernsey, Noble, Belmont counties at the center of shale drilling boom

 


CAMBRIDGE, Ohio -- Three counties in our listening area have just surpassed the 100-permit mark for Utica Shale development, doubling the number of counties to hold that distinction in Ohio.

 

According to the Ohio Department of Natural Resources, Noble County surpassed 100 drilling permits earlier this month. Noble has 108 Utica permits, with 34 producing horizontal wells. Noble County's wells produce both wet and dry gas, meaning that it will likely remain a strong focus for operators in the region.

Belmont County, the second of the three counties surpassing the 100 permit mark this month, has 105 Utica permits in the county. Belmont County is home to three of the top ten producing natural gas producing wells in the state during the fourth quarter.

Guernsey County, the third county to reach the 100 permit milestone this month, has 104 permits, with 32 wells producing. The county is home to three of the highest producing oil wells in ODNR’s fourth quarter production report.

Continued development has led to a decline in unemployment throughout shale-producing counties. Oil and gas related investment has reached over $18 billion and is growing throughout the entire state.

 

Last modified on Wednesday, 09 July 2014 10:51
Z. Daniel Barnett

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