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Chesapeake ramping up Utica activity in Ohio

08/15/2011
Paula Dittrick Senior Staff Writer Chesapeake Energy Corp. believes the Utica shale in eastern Ohio offers a major new liquids-rich play based on 3,200 ft of proprietary core samples it obtained from nine wells and production results from three wells. "As a result of its analysis, the company believes the Utica shale will be characterized by a western oil phase, a central wet gas phase, and an eastern dry gas phase," said Aubrey K. McClendon, Chesapeake's chief executive officer. Based on 2 years of proprietary petrophysical and engineering research, McClendon expects the Utica play "will be economically superior to the Eagle Ford shale" in South Texas for his company....
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