Increase in wells, production put Utica Shale near the top
Wednesday, August 20, 2014
According to Interfax Global Energy, the Utica shale is one of the fastest-growing in the nation due to increased drilling and production.
Starting in 2009, the Ohio Department of Natural Resources issued permits to oil and gas companies. Five years later, over 1,000 horizontal wells have been drilled and a total of 1,400 permits are held by various companies.
In order to continue the Utica’s success, potential pipelines and other projects are being considered to expand on distribution of the oil and natural gas extracted in Ohio.
From Interfax Global Energy:
“Ohio is reviewing a $19 billion midstream investment plan to expand infrastructure to sustain future production growth. The Rockies Express Pipeline (REX) delivers Utica gas to western states from Ohio, and there are projects planned to help deliver gas to other US regions.”
Via: Interfax Global Energy > The Utica shale – fastest-growing gas production in the US
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
Shale FAQ
What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.