February 12, 2025
Actual and forecast (2010-2040) of Utica raw natural gas production (Bcf/d), broken down between old and new wells.
- Peak production occurred in 2019 at 7.4 Bcf/d.
- Utica raw gas production peaked at 7.4 Bcf/d in 2019, targeting liquids rich production, and has since fallen to 6.3 Bcf/d in 2023 as high yield areas diminish. It is expected to continue to decline to 5.6 Bcf in 2028. Production grows slowly thereafter reaching 6.4 Bcf/d by 2040.
- Utica production growth during the short period to 2017 was primarily targeting liquids yields, leading to lower full cycle costs due to the liquids (revenue) uplift. We expect liquids rich targets in Utica will mature, and the full cycle of cost of dry gas will be more comparable to other basins.
Utica Gas Well Initial Productivity
- In 2021, Utica new well Initial Productivity (IP) was over 22 MMcf/d and declined to about 19.3 MMcf/d in 2023. This decline will continue during the forecast period dropping to about 17.3 MMcf/d by 2040 as higher productivity areas are drilled first.
Utica Gas EUR
- Well Estimated Ultimate Recovery (EUR) reached around 16.6 Bcf in 2022 and grew to 17.4 Bcf in 2023. EUR is expected to grow slightly in 2024 and then begin a steady decline to 15.7 Bcf in 2030.
Utica Well Count
- Almost 3,300 wells have been drilled since 2010.
- The number of new wells in Utica dropped significantly from over 440 in 2014 to just 150 in 2023. Incorrys is forecasting the number of new wells to hover around 120 until 2029 and then start growing to 160 in 2040.
- Over the 2020-2023 time period, the average lateral length was 10,500 ft with an average total depth of 22,200 ft.
Utica Map
Utica gas wells 1990-2023.
- Utica Shale is located primarily in East Ohio. Utica drilling is also conducted in Southwest and Northeast Pennsylvania. The Utica shale partially overlaps the Marcellus Shale.
- Utica produces liquids reach gas although the liquids yield varies in different areas.
See Also:
US Dry Gas Production Forecast to 2040
Initial Productivity (IP) of Major US GAS Basins 2023
Estimated Ultimate Recovery (EUR) of Major US GAS Basins 2023