Chesapeake curtails Utica production
Saturday, August 8, 2015
Until the Open Pipeline Energy Network opens in November, Chesapeake Energy Corp. is going to continue cutting back production in Ohio’s Utica Shale. Chesapeake is the number one driller in the Utica.
Akron Beacon Journal reports that the Oklahoma City-based company cut production by 100 million cubic feet per day last month. From August to October, production will be cut back to 275 Mmcf/d. Increased drilling costs and continued low commodity prices prompted the curtailment.
The pipeline will originate in Kensington, Columbiana County and connect with an existing pipeline in Monroe County. It will transport 350 Mcf/d of natural gas to the Gulf Coast.
Via: Akron Beacon Journal > Chesapeake to curtail Utica operations until pipeline opens
Recent Chesapeake news:
- Chesapeake could return to 68 percent of its wells to refrack June 2, 2015
- West Virginia: Non-profit groups file federal lawsuit against Chesapeake for allegedly taking gas without lease May 13, 2015
- Columbiana County well production encourages Chesapeake May 12, 2015
- Chesapeake cutting back Utica drilling in eastern Ohio May 11, 2015
- American Energy settles with Chesapeake April 15, 2015
- Chesapeake backs off, 2015 drilling numbers lowest since 2004 Feb. 26, 2015
- Chesapeake Energy to scale back drilling in Utica Shale Feb. 26, 2015
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
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.