The company is planning to sell its gas pipeline subsidiary in Ohio and West Virginia.
The Blake U-7H well located in Marshall County, West Virginia, produced at a peak 48-hour gross sales rate of 36.8 MMcf/d of natural gas on a 32/64ths choke with approximately 6,235 psi of flowing casing pressure.
Word of the Week
The refining, processing, purifying, marketing and distribution of oil and gas products; the pipeline that receives oil or gas from another pipeline.
The company has 60,000 acres in the Utica and the company believes that within a decade, a few Utica counties will produce as much as 90 percent of the play’s oil and gas.
West Virginia University and Ohio State University are participating in the the shale gas drilling research initiative together.
The company plans to include more dry Utica shale wells in its plan for the Pittsburgh International Airport.
Magnum Hunter Resources Corp. has to provide its lenders $65 million by July 10, but as of June 23, the company needed $9.4 million more to reach that amount. Columbus Business First reports that Magnum Hunter is focusing on liquidity initiatives. Banks don’t want oil and gas assets while the market is down, so banks […]
Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914.
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