OH State Geologist Predicts 19K New Utica Wells in Next 19 Years
The Ohio State Geologist, Mike McCormac, predicts that 19,000 new Utica Shale wells will be drilled in Ohio in the next 19 years. Which sounds a bit ambitious to us–but then he’s the geologist and expert and we are not. We did, however, check the most recent available ODNR numbers and as of last Friday there have been 770 Utica wells drilled–in the last 3+ years. Hmmm. A thousand wells a year for 19 years?
McCormac has drafted a new report with his predictions. It’s not been released to the public–yet. But apparently a copy was released to the Akron Beacon Journal. Intrepid reporter Bob Downing files this report, with a number of other interesting predictions and observations: