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.
Utica
Articles from Utica
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.
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.
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.
NGI The Weekly Gas Market Report
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.
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.
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).
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.
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.
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.