According to the Daily Jeffersonian, Ohio’s Utica Shale drilling shows no signs of diminishing based on the number of new permits issued for horizontal wells in June:
Read More “The Permits Keep Coming for New OH Utica Shale Wells”
The latest stats for Utica Shale drilling in the three-county region of Muskingum, Guernsey and Noble in Ohio: Guernsey County now has 12 permits, 2 of which are already producing natural gas. Muskingum County has 3 permits. And Noble County has 12 permits, 7 of which are currently being drilled.
Statewide, the Ohio Dept. of Natural Resources (ODNR) has issued 285 horizontal Utica Shale drilling permits, with 92 wells drilled, 14 of those wells now producing.
Read More “Utica Shale Permits/Drilling Expand in Eastern Ohio”
CONSOL Energy’s drilling in Ohio’s Utica Shale is now under way and ramping up rapidly, according to CONSOL’s Harry Schurr who spoke Wednesday at a workshop on the campus of Kent State University. They’ve already drilled their first Utica well in Tuscarawas County, and they plan to drill 15 more this year. CONSOL also has a joint venture with Hess. Hess plans to drill six Utica wells this year.
A new natural gas processing plant to be built by MarkWest Energy was supposed to be built in Monroe County, Ohio, but the geography has now shifted west and the plant will be built in neighboring Noble County, Ohio instead.
Read More “Change in Location for MarkWest Processing Plant in Ohio”
Magnum Hunter’s subsidiary company, Triad Hunter, has just closed on a lease deal to take possession of 15,558 gross (12,186 net) acres in Ohio’s Utica Shale. The deal is for $2,037 per acre, or $24.8 million total. The seller has not been identified and according to the press release the seller may have more acreage to sell to Triad Hunter if they can clear up problems with title to some of the additional property.
Read More “Triad Hunter Buys Leases for 15.5K Acres in OH Utica Shale”
The Utica Landowner Group of eastern Ohio has just cut a deal with Antero Resources for what is believed to be the highest amount paid yet for a lease deal: $5,900 per acre for a signing bonus, and 21 percent royalties. The deal covers land in Belmont, Monroe and Noble counties in Ohio.
Read More “Antero Pays Record Rates in Eastern Ohio Utica Lease Deal”