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Drilling Down
ODNR, Companies Counter Claims about Northstar Well
Friday, August 15, 2014YOUNGSTOWN, Ohio -- The Ohio Department of Natural Resources issued orders in January giving two Pennsylvania companies authority to dispose of brine at the Northstar Disposal Well #1, the well that officials say was responsible for a series of earthquakes that shook the Mahoning Valley in 2011 and early 2012.
Rex Buys Shell Positions in Marcellus, Utica Plays
Thursday, August 14, 2014YOUNGSTOWN, Ohio -- Rex Energy Corp., a company reaping strong returns in the southern tier of the Utica shale, is now training its sites on the northern portion of the play.
The State College, Pa.-based company announced Tuesday that it is acquiring 208,000 leasehold acres from SWEPI LP, a subsidiary of Royal Dutch Shell, in a $120 million cash deal that includes positions in Mahoning and Columbiana counties.
The deal also calls for Rex to acquire SWEPI leaseholds in Armstrong, Beaver, Butler, Lawrence, Mercer and Venango counties in Pennsylvania.
Number of Drilled Wells Surpass 1,000 in Utica Play
Wednesday, August 13, 2014YOUNGSTOWN, Ohio -- The Ohio Department of Natural Resources reports that more than 1,000 wells have been drilled in the Utica shale within eastern Ohio.
Since 2010, 1004 horizontal wells have been drilled in the Utica as of Aug. 9, surpassing the 1,000-mark for the first time.
Of that number, 495 wells are listed as producing, ODNR reported Tuesday.
Last week ODNR issued nine new horizontal well permits for oil and gas exploration in the Utica, eight of which are for wells in Londonderry Township in Guernsey County.
Utica Is Among Fastest Growing Shale Plays
Wednesday, August 13, 2014WASHINGTON -- Natural gas production from the Utica shale within Ohio is expected to increase tenfold from 155 million cubic feet a day in January 2012 to a projected 1.3 billion cubic feet per day by next month, according to a newly released report from the U.S. Energy Information Administration.
The EIA included Utica results for the first time in its monthly drilling productivity report.
According to the report, the Utica is "one of the fastest growing natural gas production areas of the United States" as evidenced by increased drilling productivity and drilling activity.