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

MARCELLUS/UTICA briefs

May 1, 2013

CANADA briefs

May 1, 2013

Investors await 2012 Utica production numbers

May 1, 2013

The investment community continues to await the Ohio Department of Natural Resource's (DNR's) release of Utica shale well data from 2012.

Williams Partners, Shell form midstream JV

Apr 16, 2013

Williams Partners LP, Tulsa, and Royal Dutch Shell PLC have joined to form Three Rivers Midstream, a company to provide gas gathering and gas processing for production in northwest Pennsylvania. The venture will invest in both wet-gas handling infrastructure and dry-gas infrastructure serving Marcellus and Utica shale wells.

Ohio: Magnum Hunter spuds horizontal Utica shale well

Apr 12, 2013

Magnum Hunter Resources Corp., Houston, has spudded the vertical pilot hole for the company’s first horizontal Utica shale well in Ohio.

Center formed for independent certification for shale gas producers

Mar 20, 2013

A group of energy companies, environmental organizations, and philanthropic foundations collaborated to form a center to provide Appalachian basin shale gas producers with an independent, third-party certification process for shale development, organizers announced at a news conference in Pittsburgh.

Western Gas to buy Marcellus gathering assets

Mar 4, 2013

Western Gas Partners LP, an Anadarko Petroleum Corp.-owned master limited partnership, agreed to acquire a 33.75% interest in the Liberty and Rome gas gathering systems from Anadarko and a 33.75% interest in the Larry’s Creek, Seely, and Warrensville gas gathering systems from an affiliate of Chesapeake Energy Corp.

Utica processing, fractionation near completion; more planned

Feb 18, 2013

Major cryogenic processing and NGL fractionation will come on stream in eastern Ohio late in the second quarter or early in the third quarter to handle Utica shale natural gas and liquids, with another plant planned for 2014.

MarkWest Utica EMG to transport, process Rex Energy production

Feb 18, 2013

MarkWest Utica EMG LLC, a joint venture of MarkWest Energy Partners LP and Energy & Minerals Group, will provide Rex Energy Corp. with natural gas gathering, processing, fractionation, and marketing services in the Utica shale.

Caerus to buy PDC Energy’s noncore Colorado natural gas assets

Feb 6, 2013

Caerus Oil & Gas LLC plans to buy what PDC Energy Inc. considers its noncore Colorado natural gas assets for $200 million.

Magnum Hunter plans at least four Utica test wells in Ohio

Jan 28, 2013

Magnum Hunter Resources Corp. said it intends to drill a minimum of four Utica test wells in Ohio this year. If results are similar to those experienced by offset operators in the area, then further development on the leasehold position is planned later in the year.

Gulfport sees high liquids yields at Ohio Utica shale wells

Jan 23, 2013

Gulfport Energy Corp., Oklahoma City, reported production test results on two operated Utica shale wells in eastern Ohio.

Magnum Hunter plans at least four Utica test wells in Ohio

Jan 22, 2013

Magnum Hunter Resources Corp. said it intends to drill a minimum of four Utica test wells in Ohio this year. If results are similar to those experienced by offset operators in the area, then further development on the leasehold position is planned later in the year.

Hess budgets $2.7 billion for unconventional E&P in 2013

Jan 11, 2013

Hess Corp. announced a 2013 exploration and production budget of $6.7 billion, of which 40% will be dedicated to unconventional oil and gas plays.

Ohio Marcellus-Utica drilling joint venture formed

Jan 2, 2013

Magnum Hunter Resources Corp., Houston, said its Triad Hunter LLC subsidiary formed a joint venture with Eclipse Resources I LP, private State College, Pa., operator, to drill 12 Marcellus shale and 12 Utica shale horizontal wells in 3 years in Monroe County, Ohio.

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