EOG Resources “Stepping Up Activity” in Ohio Utica for 2024

EOG Resources, one of the largest oil and gas drillers in the U.S. (with international operations in Trinidad and China), owns a huge 430,000+ acres of leases in the Ohio Utica. EOG calls its position the “Ohio Utica combo play” and now considers it one of the company's “premium plays.” EOG concentrates on oil drilling in the Utica. As part of the company's fourth quarter and full-year 2023 update, EOG said it will "step up in activity in the Ohio Utica play" in 2024. During a conference call with analysts, EOG's COO Jeffrey Leitzell said the company would boost activity in Utica to begin operating one rig full-time.

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