Drilling Down
2012 Utica Results Show ‘Onset of New Boom'
Friday, May 17, 2013YOUNGSTOWN, Ohio – Oil production in the state’s Utica Shale/Point Pleasant formation increased 93% in 2012 compared to 2011, and natural gas production rose by 80%, the Ohio Department of Natural Resources reported Thursday afternoon. While the increases are huge, just 87 horizontal wells were in production in 2012, officials emphasized, and their days in production were relatively few because midstream gas processing infrastructure has yet to come on line.
Ohio to Announce Shale Production Results Today
Thursday, May 16, 2013YOUNGSTOWN, Ohio -- The Ohio Department of Natural Resources has scheduled a press event at 2 p.m. today in Columbus to announce long-awaited production results from ongoing oil and gas development in eastern Ohio's Utica shale.
The results will encompass oil and gas production for 2012, providing an analysis of the 87 producing wells, according to an ODNR release. Major oil and gas producers were required to submit their 2012 production numbers by the end of March. Ohio mandates that these companies deliver results of their producing wells annually.
Two New Wells Slated for Poland Township Site
Thursday, May 16, 2013YOUNGSTOWN, Ohio -- The Ohio Department of Natural Resources has given the go-ahead for Hilcorp Energy Co. to drill two new horizontal wells at the Carbon Limestone site in Poland Township, Mahoning County, records show.
Industry Advocacy Group Spotlights Dearing Compressor
Saturday, May 11, 2013YOUNGSTOWN, Ohio -- The industry advocacy group Energy In Depth profiled Dearing Compressor and Pump on its website Friday following a tour of the company's plant here.
Crosstex Energy Plans 3rd Utica Processing Facility
Friday, May 10, 2013YOUNGSTOWN, Ohio -- The Dallas-based Crosstex Energy companies, Crosstex Energy LP and Crosstex Energy Inc., plan to invest $25 million to build its third natural gas compression and condensate stabilization facility in the Ohio River Valley.