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Drilling Down
Consol to Export Ethane from Pa. to Europe
Friday, February 14, 2014PITTSBURGH -- Consol Energy Inc. has entered into agreement with Ineos Europe AG, part of the Ineos Group, to export ethane via Sunoco Logistics' Mariner East infrastructure and the Marcus Hook Delaware River port for use in Ineos' European cracker complexes.
EQT Plans 21 New Wells for Utica This Year
Friday, February 14, 2014PITTSBURGH -- EQT Corp. plans to drill 21 horizontal wells in the Utica shale this year to "crack the code" of the light condensate oil window of the play, the president and CEO of the company said Thursday.
"The first three wells we drilled were, frankly, mediocre," David L. Porges told investors during a conference call, referring to the initial wells the company drilled in Guernsey County, Ohio.
Last year, the company drilled seven Utica wells in total.
Chesapeake Awarded Two More Permits in Utica
Wednesday, February 12, 2014YOUNGSTOWN, Ohio -- The Ohio Department of Natural Resources issued three new horizontal well permits for producers drilling the Utica shale last week, all of them in the central to southern portion of the play, records show.
Chesapeake Exploration LLC secured permits for two horizontal wells -- one in Carroll County in Perry Township and another in Harrison County in North Township -- ODNR reports.
A third permit was issued to R.E. Gas Development LLC, a division of Rex Energy, for a new horizontal well in Carroll County, Washington Township.
Hilcorp Investments Take Lead in Utica's Northern Tier
Monday, February 10, 2014YOUNGSTOWN, Ohio -- The billions of dollars pumped into eastern Ohio as a result of oil and gas exploration in the Utica shale show little sign of abating, and leading the way in this section of the Utica is Hilcorp Energy Co., Houston.
“The Utica is just beginning its 30 years of development,” says Steve Jacobs, president of Harvest Pipeline Co., a subsidiary of Hilcorp. “We might be one or two years into it.”