Drilling Down

Rig Count Holds Steady in Ohio’s Utica

YOUNGSTOWN, Ohio – The number of rigs operating in Ohio’s Utica shale continues to hold, according to the latest report from oil and gas tracker Baker Hughes Corp. Baker Hughes reports that the rig count remained steady at 28 during a seven-day period ended Aug. 18. Meantime, the Ohio Department of Natural Resources issued six […]

Shell Cracker Plant’s Reach Heads this Way

MONACA, Pa. — Two backhoes lift loads of dirt on a section of 100 acres in northern Beaver County, Pa., where the first signs of new development along the Interstate 376 corridor are visible. Much of the land – an expansive parcel next to the Turnpike Distribution Center in the borough of Big Beaver – has […]

Eclipse Resources Enters Into $325M Utica Joint Venture

STATE COLLEGE, Pa. – Eclipse Resources has signed an agreement with Sequel Energy Group to establish a joint venture to drill in the Utica shale in southeastern Ohio, the company announced Wednesday. Sequel has committed up to $325 million to fund its portion of two drilling programs that include 34 existing wells and those wells […]

Rig Count Rises in Ohio’s Utica Shale

YOUNGSTOWN, Ohio – The number of oil and gas rigs operating in eastern Ohio’s Utica shale continues to increase, while permits issued for new horizontal wells jumped during the week ended July 29, according to the Ohio Department of Natural Resources. ODNR reported that the Utica’s rig count stood at 27 for the week, the […]

Rig Count Rises to 26 in Ohio’s Utica Shale

YOUNGSTOWN, Ohio – The Ohio Department of Natural Resources reports that 26 oil and gas rigs were operational in the Utica shale during the week ended July 22, three more than the previous week. ODNR, however, did not issue a single new horizontal permit to energy exploration companies during the week. To date, there are […]

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