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Unconventional Resources 2012 P5

  • 03/27/2012 -- BP to lease in Ohio Utica/Point Pleasant shale
    BP North America has signed an agreement to lease 84,000 acres in Trumbull County, Ohio, 30-40 miles east of Cleveland, for future oil and gas production in the Utica/Point Pleasant shale formation.
  • 03/21/2012 -- BLM releases final EIS for Uinta basin gas project
    The US Bureau of Land Management’s Vernal, Utah, field office released the final environmental impact statement for Gasco Energy Inc.’s Uinta Basin natural gas project for 30 days beginning Mar. 16.
  • 03/06/2012 -- Wintershall starts Dutch North Sea tight gas flow
    A group led by Wintershall has started production from K18-Golf field, the company’s first tight gas field in the Netherlands North Sea.
  • 03/01/2012 -- Porto, partners to evaluate Lias shale in Portugal
    Sorgenia International BV, Milan, and Rohol-Aufsuchungs AG, Vienna, will join Porto Energy Corp., The Woodlands, Tex., in joint evaluation of the tight oil potential of the Lower Jurassic (Lias) shale on Porto’s concessions in the Lusitanian basin onshore Portugal.
  • 03/01/2012 -- Southwestern to slash Fayetteville drilling, not flow
    Southwestern Energy Co., Houston, will invest $1.1 billion in the Fayetteville shale play in Arkansas in 2012, down from $1.3 billion in 2011.
  • 02/24/2012 -- Ohio: Rex Energy sees Utica shale drilling in April
    Rex Energy Corp., State College, Pa., plans to spud the first two of its four planned 2012 wells in the Utica shale wet gas area in Ohio in April.
  • 02/24/2012 -- Enerplus adding Marcellus production, reserves
    Enerplus Corp., Calgary, will spend $190 million in the Marcellus shale region in 2012, about 80% of which it will allocate to nonoperated interests in northeastern Pennsylvania.
  • 02/21/2012 -- Quebec: Corridor sees Macasty-Utica similarities
    The Macasty shale on Anticosti Island in the Gulf of St. Lawrence offshore Quebec has properties similar to those of the Utica shale, the Macasty geological equivalent in eastern Ohio, said Corridor Resources Inc., Halifax, NS.
  • 02/20/2012 -- Ohio: Magnum Hunter gets more Utica acreage
    Magnum Hunter Resources Corp., Houston, said its Triad Hunter LLC unit has acquired 15,558 gross (12,186 net) leasehold mineral interests prospective for the Utica shale predominately in Noble County, Ohio, for $24.8 million from an undisclosed seller.
  • 02/16/2012 -- Producers oppose federal frac standard idea, groups say
    The presidents of five US oil and gas trade associations quickly disputed US Sec. of the Interior Ken Salazar’s Feb. 15 statement that producers might welcome a national hydraulic fracturing standard based on forthcoming onshore federal regulations.
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