Chesapeake Energy Corp. announced plans to place 40 wells in eastern Ohio’s Utica shale into production this year, according to the Youngstown Business Journal.

In 2017, the company placed 67 Utica wells into commission. This year it plans to operate two drilling rigs in the Utica shale play.

Additionally, Chesapeake has plans for the Marcellus shale. It plans to place 55 wells into production, which is up from the 43 wells it placed into production last year.

Leave a Reply