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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.
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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 ...
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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% ...
For most of last year, companies drilling in Ohio's Utica shale complained that there wasn't enough gathering and processing infrastructure available in the play. As a result, many held back on ...