2012 Utica Results Show ‘Onset of New Boom’

YOUNGSTOWN, Ohio – Oil production in the state’s Utica Shale/Point Pleasant formation increased 93% in 2012 compared to 2011, and natural gas production rose by 80%, the Ohio Department of Natural Resources reported Thursday afternoon. While the increases are huge, just 87 horizontal wells were in production in 2012, officials emphasized, and their days in production were relatively few because midstream gas processing infrastructure has yet to come on line.

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