Drilling Down

Utica Production Up 25% in Fourth Quarter

YOUNGSTOWN, Ohio — Production from horizontal wells in eastern Ohio’s Utica shale increased 25% during the fourth quarter of 2014 from the previous quarter, according to a report issued Wednesday by the Ohio Department of Natural Resources. The data show that Hilcorp Energy Co.’s wells at its two Carbon Limestone Landfill pads in Poland Township […]

Chesapeake Cuts Spending, Drilling for 2015

OKLAHOMA CITY — Chesapeake Energy Corp., the most active driller in Ohio’s Utica shale, said Wednesday that it would slash capital spending and drilling activity this year in the face of substantially lower oil and gas prices. The company said it would reduce its capital budget by 37% in 2015 to between $4 billion and […]

ODNR Issues 16 Permits, Utica Rig Count Falls

YOUNGSTOWN, Ohio — The Ohio Department of Natural Resources issued 16 new permits last week for horizontal wells in the Utica shale in eastern Ohio, according to the latest data released from the agency. All of the well sites are in the southern tier of the Utica, six of which are drilled. Drilling has begun […]

Hilcorp Gets More Permits for Utica’s Northern Tier

YOUNGSTOWN, Ohio — Interest in oil and gas development across eastern Ohio’s Utica shale remains steady despite a depressed energy market, according to the latest report from the Ohio Department of Natural Resources. ODNR issued 18 new horizontal well permits during the week ended Feb. 14, the agency said Thursday. The rig count, that is, […]

Rex Pumps $317M Into Marcellus, Utica

STATE COLLEGE, Pa. — Rex Energy Corp. says it spent $317 million and drilled 51 wells last year to develop leasehold acreage in the Marcellus and Utica shale plays, including land in Carroll County, Ohio, and Butler County, Pa. Rex reports the company drilled six wells, hydraulically fractured 12 others and placed 12 more into […]

NiSource Activates $60M Natural Gas Liquids Pipeline

YOUNGSTOWN, Ohio — NiSource Inc. reported Wednesday that it has placed into service a $60 million pipeline that transports natural gas liquids from its Hickory Bend processing plant in Springfield Township to the UEO Buckeye processing facility in Columbiana County. NiSource, parent of Columbia Pipeline Group, said that the line was commissioned during the fourth […]

Ruling Leaves Open Zoning Options for Oil and Gas

YOUNGSTOWN, Ohio — While an Ohio Supreme Court ruling yesterday upholds the state’s right to regulate oil and gas development, it could also encourage some local control of the industry, says an attorney who heads his law firm’s energy division. “The majority opinion does not close out the possibility of local zoning” used to regulate […]

Halcon Production Increases in 2014 but Not in Utica

YOUNGSTOWN, Ohio — Halcon Resources Corp. says its oil and gas production increased 37% during the fourth quarter and 65% for the full year. In preliminary results announced today, the Houston-based company said it expects production of 46,000 barrels of oil equivalent per day during the fourth quarter and 42,000 barrels of oil per day […]

Chesapeake Sues McClendon, Claims Theft of Trade Secrets

YOUNGSTOWN, Ohio — Chesapeake Energy Corp. today filed suit in Oklahoma County District Court alleging its former CEO and chairman, Aubrey McClendon, “misappropriated highly sensitive trade secrets” in the weeks before he was forced out of the company and used this information to start a new oil and gas venture. Chesapeake, the most prolific driller […]

New Permit for Columbiana as Utica Rig Count Falls

YOUNGSTOWN, Ohio -- The number of rigs drilling in Ohio's Utica shale continued to decline last week as producers scaled back exploration programs in the face of low oil and gas prices.

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