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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 ...
The company produced 372,212 barrels of oil and 10.1 million mcf of natural gas. ... Chesapeake Energy was the leading driller in Ohio's Utica Shale last year. The company produced 372,212 barrels ...
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 ...
Though Texas' Eagle Ford shale will be the primary driver of Chesapeake Energy's oil production growth during the next few years, the company's acreage in Ohio's Utica shale will be a crucial ...
The completed pipeline has a capacity of 2 million dekatherms (Dths) of natural gas per day (approximately 200 TWh per year), with gas produced from the Marcellus and Utica shale formations. The pipeline was met with opposition in the form of legal challenges, regulatory hurdles, direct action and destruction of property.
In 2013, the company sold 55,000 net acres in the Northern Eagle Ford Shale and 9,600 net acres in the Haynesville Shale to EXCO for aggregate proceeds of $1 billion. [22] In December 2014, the company sold a large portion of its oil and gas assets in the Marcellus Formation and Utica Shale to Southwestern Energy for net proceeds of $4.975 ...
Investors finally received those much-anticipated production numbers from the state's Utica Shale. Unlike the quarterly production updates given by most energy producing states, Ohio only releases ...
The Utica shale may not ring any bells for the average investor. But, utter that name around energy industry professionals, and you're sure to rouse a lively debate. An up-and-coming shale oil and ...