Blue Racer Midstream CEO Says Utica Shale Better than Marcellus

In April 2015, Stephen Arata, then Chief Financial Officer for Blue Racer Midstream, became the CEO of Blue Racer (see Blue Racer Midstream CFO Promoted over President to Become CEO). While Blue Racer operates in both the Utica and Marcellus Shale plays, it is the Utica that’s turned Mr. Arata’s head and is the focus of Blue Racer’s operations. In an article published in the July issue of The American Oil & Gas Reporter titled “Midstream Adjusts For Emerging Utica,” Mr. Arata makes this prediction about the Utica: “Arata predicts development of the Utica is about to take off. ‘The rock in the Utica is great,’ he enthuses. ‘The core of the rich part of the Utica is better than anything in the southwestern Pennsylvania Marcellus. People will be surprised how fast the Utica develops.'” Arata makes a number of boasts about Blue Racer, including the claim they are the only midstream company that can get “rich gas” out of Washington County, PA. Give this excellent article (with a number of Arata brags) a read…

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