New IHS Report Compares OH Utica Shale to TX Eagle Ford Shale
IHS Cera, a global consulting and information service, recently published a new report on the Utica Shale and its potential. Although MDN has not seen the full report, the press release announcing the report contains a good bit of useful information about the IHS findings. IHS compares the Utica to the highly productive Eagle Ford Shale in Texas, saying there are many parallels, but cautioning it’s still very early in the game.
Here’s the full release with lots of juicy tidbits, including which well has produced the most oil in the Ohio Utica:
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The City Council for Binghamton, NY passed a de facto drilling moratorium at the end of December of 2011, just before the all-Democrat city council was about to be reconstituted with a few new Republican members (
The Joint Landowners Coalition of New York (JLCNY) is a “coalition of coalitions” representing more than 77,000 landowners throughout New York State. Consider it the official, collective voice of landowners interested in allowing shale gas drilling on their land. For many months MDN has marveled at how restrained the JLCNY has been with regard to the foot-dragging on the part of Gov. Andrew Cuomo and DEC Commissioner Joe Martens when it comes to the release of new drilling rules. MDN would “shoot from the lip” and say “Sue ‘em!” The JLCNY would calmly say, “Let the process work. In the end, we’ll have the best drilling laws in the world, and no one will be able to say we didn’t take our time and do it right.” And of course they’re correct.