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As of April 2024, the Marcellus Shale contained about 120 million barrels of oil, while the Utica Shale contained 2.3 million barrels, according to the United States Geological Survey.
Utica Shale drilling and production began in Ohio in 2011. Ohio as of 2013 is becoming a major natural gas and oil producer from the Utica Shale in the eastern part of the state. [10] Map of Ohio Utica Shale drilling permits and activity by date. [11] [12] In 2011 drilling and permits for drilling in the Utica Shale in Ohio reached record highs ...
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In the following video, Fool.com energy analyst Taylor Muckerman discusses the amazing growth that investors should expect to see in the Utica Shale. With the state of Ohio projecting a 200% ...
On May 16, the Ohio Department of Natural Resources finally published 2012 production data for the Utica Shale - a rock formation located thousands of feet below the Marcellus that spans Ohio, New ...
The Utica shale is a black shale that dates to the Late Ordovician age. The distribution of this unit is regionally extensive throughout the entire Appalachian basin. Thickness of the Utica Shale in central Ohio is 180 to 230 feet (55 to 70 m) and thickens moving east towards Pennsylvania and New York to be 320 to 350 feet (98 to 107 m) and 350 ...
An up-and-coming shale oil and gas play, the Utica stretches across Ohio, The Utica shale may not ring any bells for the average investor. But, utter that name around energy industry professionals ...
There is a lot of hype surrounding the Utica shale right now. Geologists anticipate the play's energy profile to be similar to the booming Marcellus shale. Companies like Chesapeake Energy that ...