EOG Utica: 95 Wells, 3 Rigs, 3 Frac Crews – and Its Own Sand Mine

EOG Resources, the Houston-based giant that bought Encino Energy's Ohio Utica empire in August 2025 for $5.6 billion, issued its third-quarter update last week. Company-wide, it was a record quarter for oil, NGL, and natural gas production. For the Utica, the headline is speed and cost: EOG says it's drilling faster, fracking faster, and spending 20% less per foot than Encino did. The company will also open its own in-basin Ohio sand mine before the end of this year, saving more than $300,000 per well. And yes, EOG is talking to data centers about Utica gas.

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