Benesch Law’s Useful Quarterly Report/Overview on Utica Shale
How about a handy quarterly snapshot of the Utica Shale and where various initiatives (like infrastructure investments) stand? The attorneys and researchers at Benesch Law produce just such a report every three months. The latest edition is now out. One statistic of note to give you a feel for the enormous scope and potential of the Utica Shale in Ohio: There are 133 pipeline projects–from local gathering lines to interstate natural gas liquids pipelines–either now being built or on the drawing board. It represents billions of dollars of investment in the Utica.
Below is the full Benesch Shale Industry Report – Quarterly Summary Q2 2013. Well worth the few minutes it takes to read…
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An Ohio Oil and Gas Association (OOGA) representative told attendees at the YOUNG 2013 conference held this week in Youngstown that counties in southeastern Ohio are the “sweet spot” of the Utica Shale play because the pressure there is higher and because the shale layer includes an abundance of natural gas liquids. However, another speaker–an executive from CONSOL Energy–said counties in northeastern Ohio will continue to see successful drilling too. So don’t despair!