Chesapeake Energy publishes a quarterly newsletter (more like a magazine) called The Play. The latest issue, Winter 2013 (released earlier this year, full issue embedded below) contains two interesting and important stories that relate to the Utica Shale. The feature story starting on page 3, “Poised for Success,” focuses on Chesapeake’s Ohio Utica Shale program. The article says Chessy’s previously drilled Utica wells should be online starting in February since new pipelines to transport liquids for processing have recently been installed. The article also says Chessy expects they will eventually drill around 13,000 wells in the Ohio Utica on their 1.6 million leased acres.

Read More “Chesapeake Innovates New Way to Move Utica Rigs Twice as Fast”

Yesterday morning the new acting CEO of Chesapeake Energy, Steve Dixon, delivered his first investors talk as CEO. One of the primary parts of that talk—indeed we would say the centerpiece—were remarks about the Utica Shale and its importance for Chesapeake as they move forward. According to Dixon, Chesapeake’s production in the Utica for 2012 will show lower numbers than otherwise possible because of lack of pipelines and processing plants. Dixon says that will soon change, and so too will their production numbers.

Dixon began his remarks with a 10-second “so long and thanks for all the fish” acknowledgment to the departed Aubrey McClendon:

Read More “Chesapeake’s New Acting CEO Says Utica Shale is a Big Deal”