EIA Adds Utica to Drilling Prod. Report – Looks Like Eagle Ford!
We're not sure how we missed this spot of important news, but last Friday our favorite government agency--the U.S. Energy Information Administration (EIA)--announced they are adding another shale play to our favorite report--the Drilling Productivity Report (DPR). The new shale play being added as of the August DPR? The Utica! The brains at EIA (and we mean that respectfully, they really are brainiacs) announced on their website last week that the Utica looks an awful lot like the Eagle Ford in its early development. That's high praise indeed. EIA points out in adding Utica to the other existing six shale plays they cover in the DPR, that the Utica's production per rig is currently outpacing all of the other shale plays they track...
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