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

BP to lease in Ohio Utica/Point Pleasant shale

Mar 27, 2012

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.

Williams Partners to buy Caiman Eastern Midstream

Mar 20, 2012

Williams Partners LP agreed to acquire Caiman Energy’s wholly owned subsidiary Caiman Eastern Midstream LLC for $2.5 billion in a move that will provide Williams Partners with assets in the natural gas liquids-rich portion of the Marcellus shale.

Ohio oil association questions governor's proposed tax changes

Mar 14, 2012

Ohio Gov. John Kasich’s proposed changes to his state’s oil and natural gas severance tax to help finance a planned $1 billion state income tax cut by 2015 has prompted the Ohio Oil & Gas Association to issue a statement outlining industry’s questions and concerns.

Chesapeake group plans Utica NGL project

Mar 14, 2012

Chesapeake Midstream Development LP, M3 Midstream LLC, and EV Energy Partners LP have formed a partnership to build a midstream services complex with capacity to process 600 MMcfd of natural gas for the Utica shale play in eastern Ohio (OGJ Online, Feb. 29, 2012).

Study projects Utica shale contributions to Ohio's economy

Mar 12, 2012

Development of the Utica shale will bring more than 65,000 jobs, contribute $4.86 billion to Ohio's economy, and result in $3.3 billion of labor income, or an average of $50,225/job, by 2014, a study commissioned by the Ohio Shale Coalition concluded.

MarkWest JV to build Utica natural gas gathering system

Mar 7, 2012

MarkWest Utica EMG LLC, a joint venture of MarkWest Energy Partners LP and Energy & Minerals Group, signed a letter of intent with Gulfport Energy Corp. to provide gathering, processing, fractionation, and marketing services in the liquids-rich southern corridor of the Utica shale.

Study projects Utica shale contributions to Ohio's economy

Feb 29, 2012

Development of the Utica shale will bring more than 65,000 jobs, contribute $4.86 billion to Ohio’s economy, and result in $3.3 billion of labor income, or an average of $50,225/job, by 2014, a study commissioned by the Ohio Shale Coalition concluded.

Ohio: Rex Energy sees Utica shale drilling in April

Feb 24, 2012

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.

Quebec: Corridor sees Macasty-Utica similarities

Feb 21, 2012

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.

Ohio: Magnum Hunter gets more Utica acreage

Feb 20, 2012

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.

More processing, fractionation planned for Marcellus, Utica shales

Feb 1, 2012

MarkWest Energy Partners LP, Denver, will add more than 600 MMcfd of processing capacity for the Marcellus and Utica shales, as well as 140,000 b/d of fractionation, the company reported.

Feds delay Ohio forest lease sale to study fracing

Nov 18, 2011

The US Department of Agriculture Forest Service has postponed a sale of mineral leases scheduled for the sprawling Wayne National Forest in eastern Ohio for at least 6 months to study surface affects related to hydraulic fracturing.

Chesapeake signs as anchor shipper on EPP Marcellus-Utica ethane line

Nov 4, 2011

Chesapeake Energy Corp. has signed a long-term contract as anchor shipper on Enterprise Products Partners LP’s proposed long-haul ethane pipeline from the Marcellus and Utica shale regions in Pennsylvania, West Virginia, and Ohio to the US Gulf Coast.

Chesapeake to ink Ohio Utica shale international JV

Nov 4, 2011

An undisclosed international major energy company will form a joint venture with Chesapeake Energy Corp. and acquire a 25% interest in 650,000 net acres in the wet natural gas area of the Utica shale play in eastern Ohio.

Utica shale well tests 9.2 MMcfd in Pennsylvania

Nov 2, 2011

Rex Energy Corp., State College, Pa., said its initial horizontal Utica shale well stabilized at 9.2 MMcfd of dry natural gas and should begin flowing to sales in January 2012.

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