Utica

Marcellus, Utica Natural Gas Assessments Nearly Doubled by USGS

The U.S. Geological Survey (USGS) on Thursday sharply raised its assessments for the Marcellus and Utica shale formations, estimating they hold a mean of 214 Tcf of undiscovered, technically recoverable natural gas resources — with the Utica now topping the Marcellus.

October 3, 2019
Ohio E&Ps Report Marginal 2Q Increases in Oil, NatGas Volumes

Ohio E&Ps Report Marginal 2Q Increases in Oil, NatGas Volumes

Unconventional oil and natural gas production in Ohio increased slightly in the second quarter, reflecting operators’ continued response to volatile commodity prices.

September 3, 2019

Gulfport’s 2Q Production Bounces Back as More Wells Turned to Sales

Gulfport Energy Corp. reported increased production during the second quarter as it turned more wells to sales following a slower stretch of completions activity at the end of 2018.

July 22, 2019
Ascent CEO says Ohio Utica Potential Not Yet Fully Realized

Ascent CEO says Ohio Utica Potential Not Yet Fully Realized

The chief of Ohio’s largest natural gas producer sees plenty of running room in the Utica Shale, a play he said is not yet fully delineated or being developed to its maximum potential.

June 24, 2019
Ohio Utica Production Falls on Weak Natural Gas Outlook

Ohio Utica Production Falls on Weak Natural Gas Outlook

Oil and natural gas production in Ohio’s Utica Shale declined in the first quarter as operators pared activity heading into the year in response to a variety of factors that are likely to see the trend continue.

June 5, 2019
Ohio Oil, Natural Gas Volumes Decline as Operators Cut Back

Ohio Oil, Natural Gas Volumes Decline as Operators Cut Back

Oil and natural gas production in Ohio’s Utica Shale declined in the first quarter as operators pared activity heading into the year in response to a variety of factors that are likely to see the trend continue.

June 3, 2019

Gulfport Kicks Off Monetization Process with Small Sale of Marcellus Rights

Gulfport Energy Corp. said Friday it is making progress to simplify its portfolio as it zeros in on core assets in Ohio’s Utica Shale and the South Central Oklahoma Oil Province (SCOOP).

May 3, 2019
Seneca Resources Cuts Production Guidance as Utica Tests Taking Time

Seneca Resources Cuts Production Guidance as Utica Tests Taking Time

National Fuel Gas Co. (NFG) exploration and production subsidiary Seneca Resources Corp. was forced to cut full-year guidance over operational issues in the fiscal second quarter that are likely to persist.

May 3, 2019

CNX Increases Spending to Carry More Utica Wells into 2020

CNX Resources Corp. said Tuesday it would increase spending this year and drill more wells that won’t come online and benefit the company until 2020, despite investors who continue to expect capital discipline.

April 30, 2019

Ohio’s Utica Investments Continued Climbing Last Year

Newly released data from Cleveland State University’s (CSU) Energy Policy Center shows that investments in Ohio’s Utica Shale have reached $74 billion since 2011, when the first unconventional commercial production was reported and the school began tracking the play’s economic impacts.

April 24, 2019