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Tag Archives: oil exploration and production

Permits are up in the Marcellus and Utica

Across the oil-rich Utica and the natural gas fields of the Marcellus, a slight increase in drilling permits could indicate drillers see hope in further production and development in Ohio and Pennsylvania. Susan Crowell from Farm and Dairy notes that greatest number of permists were issued in Belmont County, Ohio and Washington County, Pennsylvania. Since the shale play was discovered, ...

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US rig count down 2 this week to 506

rig count, Baker Hughes

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 506. A year ago, 842 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 416 rigs sought oil and 89 explored for natural gas ...

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