Columbiana County wells not far behind Utica’s southern tier
Tuesday, September 23, 2014
Even though the bulk of successful wells lie in the southern tier of the Utica Shale, Columbiana County’s wells are showing potential.
The Business Journal reports that oil and natural gas wells in Center Township are some of the best in the Utica shale.
One Lisbon, Ohio farmer reaping the benefits from leasing mineral rights to Chesapeake is Bob Crosser. In 87 days, his well produced 301.6 mcf. Up to six more wells could be drilled on his well pad in the future. However, one quarter’s production reports don’t guarantee that the numbers will remain that high every quarter.
From The Business Journal:
“It’s not unusual for energy companies to increase initial production at well sites so they can boost their shareholders and investors’ confidence, the geologist [Jeff Dick, chairman Youngstown State University’s geology department] explains. But doing so reduces pressure for future production, leading to higher decline rates and making it harder to extract natural gas liquids.”
Via: The Business Journal > Shale gas royalties flowing in Columbiana County
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Shale FAQ
What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.
Come on down to St Clair Twp.