Fabricating Plant CEO Thinks Utica Drilling will Head North Soon

Evets Oil & Gas Construction Services recently opened a new 20,000-square-foot facility serving the oil and natural gas drilling industry in Hubbard (Trumbull County), OH. The company has been around since 1968 and designs and builds everything from pipelines and compressor plants to billion dollar gas and oil processing facilities. The new facility in Hubbard converted a brownfield into a greenfield, something Evets is justifiably proud of.

At the ribbon-cutting ceremony last week, Evets CEO Rex Ferry said he thinks Utica Shale drilling will drift northward in the next few years–in 2015 or 2016–and he’s betting their new location in Trumbull County will put the company in the catbird seat. Ferry’s opinion is certainly contrary to that of most others who believe Utica drilling has moved and will stay south for the foreseeable future. Is Ferry whistling past the graveyard? Or crazy like a fox? We’ll know in the next couple of years…

Please Login to view this content. (Not a member? Join Today!)
Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.