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Rig count in Utica Shale doubles from year ago

The number of active oil and natural gas rigs in the Appalachian Basin’s Utica Shale formation for the last week of October 2012 (ended October 26) has doubled compared with the level for the same week in 2011. The growth in active oil-directed rigs has more than offset the declines in active gas-directed rigs.


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