Utica Shale

Utica Shale Description ImageThe Utica shale formation is one of the newest natural gas discoveries in North America. It is located in New York state and the Canadian province of Quebec, along the St. Lawrence River Valley. Some geologists have suggested the gas-bearing formation extends as far south as Pennsylvania. The other major shale formation in this area is the better-known Marcellus shale.

Estimates of natural gas deposits in the formation range from a low of about 2 trillion cubic feet (tcf) to a high of 60 to 70 tcf. At this time, most companies active in the Utica shale are drilling exploratory wells on the Canadian side of the border because the state of New York has been reluctant to grant drilling permits to date. Some production rates have tested up to 1 million cubic feet per day.

Utica Shale Map

Utica Shale News

ANR receives 2 bcfd of shipper commitments for SEML

Mar 31, 2014

TransCanada Corp.’s ANR Pipeline system has secured almost 2 bcfd of firm natural gas transportation commitments on its Southeast Main Line (SEML) for an average term of 23 years, with roughly 1.25 bcfd beginning this year and the balance next. The company said it is reviewing options for further expansion of SEML.

Devon, Crosstex complete merger of midstream assets

Mar 7, 2014

Devon Energy Corp., Oklahoma City, and Crosstex Energy LP, Dallas, have completed the merger of their midstream assets to form general partner EnLink Midstream LLC and master limited partnership EnLink Midstream Partners LP. A definitive agreement on the deal was signed in October 2013.

Magnum Hunter finds Utica gas

Feb 14, 2014

Magnum Hunter Resources Corp. (MHR), Houston, has reported a dry gas discovery on its first Utica shale well. The Stalder No. 3UH had peak production of 32.5 MMcfd on an adjustable choke with 4,300 psi.

Hess reports $5.8 billion capital budget for 2014

Feb 10, 2014

Hess Corp. reported that its exploration and production capital budget for 2014 is expected to reach $5.8 billion, almost have of which, $2.85 billion, will be spent on unconventional shale resources.

ExxonMobil expands Permian acreage, enters Utica agreement

Feb 3, 2014

XTO Energy Inc., a subsidiary of ExxonMobil Corp., has agreed to fund development to gain operating equity in 34,000 gross acres in the liquids-rich Wolfcamp in Texas’s Midland and Upton counties, increasing the company’s holdings in the Permian basin to just more than 1.5 million net acres.

Wealth of gas processing, pipeline projects planned for Marcellus-Utica region

Feb 1, 2014

The surge in gas production in the Marcellus shale and imminent follow-on supply from the Utica shale have created a need for processing capacity to extract and fractionate NGLs and pipelines to move the hydrocarbons both within the region and between the producing area and Gulf Coast.

Growing NGL production alters regional pipeline flows, spurs new gas processing capacity in Utica

Feb 1, 2014

Midstream companies like MarkWest Energy are working hard to increase gas gathering, processing, fractionation, and takeaway capacity to service the rising amount of wet gas production from growing shale plays in the Northeastern US.

Ohio regulators begin collecting production data on quarterly basis

Feb 1, 2014

Operators in Ohio must submit production data for horizontal wells to the Ohio Department of Natural Resources more frequently in 2014, thanks to a measure contained in the state's biennial budget bill signed into law by Gov. John Kasich (R) last summer.

Guernsey County lays groundwork for rising Utica shale drilling activity

Feb 1, 2014

When word first got out that the rural city of Cambridge, Ohio, sat atop a bounty of resources in the Utica shale, the president of the local chamber of commerce wasted no time laying the groundwork for the expected push for development.

Baker Hughes: US drilling rig count climbs to 1,785

Jan 31, 2014

The US drilling rig count gained 8 units to reach 1,785 rigs working during the week ended Jan. 31, Baker Hughes Inc. reported.

Hess to sell Utica acreage for $924 million

Jan 29, 2014

Hess Corp. has agreed to sell 74,000 acres of its dry gas acreage in the Utica shale to an undisclosed buyer for $924 million.

PwC: US M&A activity down in 2013 despite strong finish

Jan 28, 2014

The US oil and gas industry finished 2013 strong when it came to mergers and acquisitions, but the late-year push to a total of 182 deals totaling $115.9 billion wasn’t enough to match the 212 deals worth $152.8 billion in 2012, PwC US Energy Practice said in a report released Jan. 28.

Blue Racer signs midstream agreements; Natrium II done in March

Jan 27, 2014

Blue Racer Midstream LLC, a joint venture of Dominion Resources and Caiman Energy II LLC, entered into long-term agreements with Utica shale natural gas producers to provide comprehensive, integrated midstream services from liquids-rich acreage in Monroe, Noble, Guernsey, Belmont, Harrison, and Carroll counties, Ohio.

Hess reports $5.8 billion capital budget for 2014

Jan 24, 2014

Hess Corp. reported that its exploration and production capital budget for 2014 is expected to reach $5.8 billion, almost have of which, $2.85 billion, will be spent on unconventional shale resources.

Pennant’s Hickory Bend Utica gas processing plant ready for operations

Jan 7, 2014

Pennant Midstream announced that its 200-MMcfd Hickory Bend cryogenic natural gas processing plant in the Utica shale at New Middletown, Ohio, is ready to begin operations. The plant’s gathering system includes about 55 miles of 20- and 24-in. OD wet gas gathering pipelines. These pipelines will support delivery of more than 600 MMcfd, allowing for expansion if demand warrants, and Pennant is preparing sites for two additional plants at Hickory Bend.

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