Archive for 'Utica Shale'
MDN told you a month ago that the Muskingum Watershed Conservancy District (MWCD) had voted to sell water from its plentiful reservoirs and lakes to Antero Resources and Gulfport Energy for use in Utica Shale fracking operations (see Muskingum Watershed Votes to Sell 209M Gals of Water for Fracking). Of the 209 million gallons they [...]
Reuters continues to pile on the bash-Utica bandwagon after the release last week of what MDN termed “disappointing” initial production numbers from the Ohio Utica Shale. MDN tried to keep perspective and provide context to the numbers in our Friday article (see OH 2012 Utica Production: A Slow Start, but Still Hopeful). However, Reuters (not for [...]
Ohio finally released 2012 Utica Shale production numbers for oil and gas yesterday. It’s tough to summarize those numbers in a simple statement, but if we had to, we’d say “disappointing.” The total production numbers are quite a bit lower than we had expected–12.8 billion cubic feet of natural gas & NGLs produced for the [...]
The Ohio Dept. of Natural Resources will release the long-awaited Utica Shale production numbers for 2012 at 2:00 pm today, Thursday, May 16. The Youngstown Business Journal issued this bulletin about the forthcoming numbers:
The new grand total for permits to drill in the Ohio Utica Shale has hit 660 as of the latest Dept. of Natural Resources report. Another 22 new permits were issued as of last week. Here’s the rundown of where they were issued:
On an investor’s conference call on Friday, EV Energy Partners/EnerVest (EVEP) executive chairman John Walker gave some clarity to the company’s strategy
Antero Resources, a large Marcellus driller that is making aggressive moves into the Utica, issued a statement on Thursday that they now have a line of credit for
The Nexus Gas Transmission line keeps popping up in the news.
In a move that is sure to bring both cheers of support and wails of protest, last week a councilman for the city of Steubenville, OH asked officials to consider leasing
The latest Utica Shale permits and wells drilled numbers, as of May 4:
Gulfport Energy Corporation reported its first quarter financial and operating results yesterday, and there’s lots of talk about their efforts in the Utica Shale. Gulfport includes details about their wells and the oil and gas production they’re achieving in the Utica. Here’s the Gulfport operational highlights for 1Q13 along with their Utica Shale Operational Update [...]
Magnum Hunter Resources’ subsidiary Alpha Resources has just taken possession of a “robotic drilling rig” that it plans to use to drill Utica Shale wells for the next three years. The robotic rig can, by itself, lift the entire drilling rig six inches off the ground and rotate it and move it to a new [...]
Halcón Resources, a Utica Shale driller, issued their first quarter financial and operational update yesterday. With regard to the Utica, the company reports they operated two drilling rigs in Ohio and Pennsylvania (yes, there is Utica in PA too!), drilling and completing four wells in 1Q13. Select portions of the Halcón update:
The latest numbers from the Ohio Dept. of Natural Resources (ODNR) shows that Utica Shale permits have risen to a total of 627, out of which 310 of them have been (or are being) drilled. Here’s a summary of the latest numbers, along with a table showing all of the permits issued as of April [...]
In December, MDN told you the name of a newly formed joint venture between drilling company Hilcorp and midstream company NiSource would be Hickory Bend. The new joint venture will build a wet gas (natural gas liquids) pipeline and processing plant somewhere in the Youngstown, OH area (see Mahoning Utica Pipeline/Processing Plant “Moving Forward”). At [...]
The executive vice president of the Ohio Oil & Gas Association, Thomas Stewart, isn’t buying the Bloomberg News theory that Ohio’s Shale boom is over before it’s really even begun (see Bloomberg Says Ohio Utica Shale is Gassy, Not Oily). Stewart says the oil is there but may present some challenges in retrieving it–challenges that [...]