As oil and gas companies continue to ponder the best strategy for unlocking natural resources in the Utica Shale — and industry analysts continue to debate the merits of doing so — data from the Ohio Department of Natural Resources (ODNR) indicate that the state has passed an important milestone: 100 horizontal wells online and in production.
Unlocking
Articles from Unlocking
Economist: Producers Must Adjust to Shale-Era Economics
Horizontal drilling and hydraulic fracturing are unlocking the continent’s bountiful gas shale plays one by one, leading to a seismic shift in production economics — and prices will never be the same, a Calgary-based energy economist told NGI.
April 27, 2009
Economist: Shale Abundance Dictates Low-Cost Mindset
Horizontal drilling and hydraulic fracturing are unlocking the continent’s bountiful gas shale plays one by one, leading to a seismic shift in production economics — and prices will never be the same, a Calgary-based energy economist told NGI.
April 22, 2009