In looking at ODNR’s weekly, report there are 29 permits for building well pads. It shows that there are 51 rigs in Ohio. Baker Hughes reports that there are 41 working rigs in OH which means 10 rigs are sitting around waiting to drill.
When you read further in Facts & Rumors, you’ll see that Gulfport is finding it hard to expand in the Utica. While Gulfport was making those comments, EV Energy Partners stated it will be selling all of its Utica Shale assets. Stay tuned it’s going to be an interesting year in Ohio.