Gulfport Pays $250K Fine for Leaky Pad Liners at 7 OH Utica Sites
The Ohio Dept. of Natural Resources (ODNR) investigated Gulfport’s shale drilling sites in eastern Ohio after an inspector found ground contamination at a Harrison County well. ODNR found evidence of brine–naturally occurring underground water that comes to the surface after drilling is done–escaping from (leaking from) the well–which is not supposed to happen. Each well pad has a big rubber pad liner that’s supposed to catch anything that happens to leak. Gulfport’s pad liners did not do the job.
In addition to a $250,000 fine, Gulfport has to rebuild each of the seven drill pads where there are defective liners before they can continue drilling at those locations…
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Investor’s website Market Realist ran a 7-part series on the Utica Shale yesterday–really good stuff. As part of that series they list the biggest drillers/leaseholders in the Ohio Utica Shale. It’s a very useful rundown and update on the latest positions held by the major players of the Utica. We’ve pulled and condensed from their article to give you the latest rundown on who’s who in the Ohio Utica Shale…
Gulfport Energy issued its second quarter 2013 operations update yesterday. Among the highlights: The company produced less oil than a year ago after selling off its Permian wells and acreage to Diamondback, but they saw a dramatic increase in production of natural gas and natural gas liquids from a year ago. Gulfport’s natgas production was up 6.5X and liquids production more than doubled–up 2.3X from last year. The company also said they increased their Utica Shale acreage by an additional 8,000 acres–they now own 145,000 leased Utica acres.
Ohio will soon compile and release annual production numbers for Utica Shale wells drilled and in production during 2012. Ohio is one of the “least transparent states” when it comes to reporting energy output with annual filings. Drillers are required to provide production numbers for 2012 by March 31. Last year the Ohio Dept. of Natural Resources (ODNR) posted production numbers in just a few days—on April 2nd. However, last year’s reporting (from 2011) was for 5 wells—all from Chesapeake. This year the reporting will be from multiple drillers for 50-60 wells. Everyone is waiting, with baited breath. There’s a lot riding on the numbers reported this year.