Drilling Down

XTO to Expand Butler County Cryo System

YOUNGSTOWN, Ohio – XTO Energy Inc., a subsidiary of oil giant Exxon Mobil Corp., wants to expand its natural gas processing operation in Butler County, Pa., according to a recent filing with the Pennsylvania Department of Environmental Protection. A notice published in the latest edition of The Pennsylvania Bulletin shows that XTO plans to construct […]

EV Energy Partners Eyes Utica Acquisitions

HOUSTON — EV Energy Partners plans to aggressively pursue acquisition opportunities in the Utica as the market rebounds. “We will be as patient as necessary,” John Walker, executive chairman of EV Energy, told analysts this week during a conference call. Walker said that there is great potential in tapping the volatile oil window of the […]

Permitting Still Slow in Ohio’s Utica

YOUNGSTOWN, Ohio – Permitting activity across Ohio’s Utica shale doesn’t show signs of improving anytime soon, according to the latest data from the Ohio Department of Natural Resources. ODNR awarded eight horizontal well permits to just two oil and gas producers during the week ended May 9, the agency reports. All of the permits were […]

Magnum Hunter Resources to Sell Utica Assets

DALLAS – Magnum Hunter Resources Corp. says it’s in negotiations with “certain parties” to establish a joint venture that would entail selling $450 million of the oil and gas producer’s leasehold positions in Ohio’s Utica shale. In a statement released Monday, the company said the proposed sale is one of several initiatives underway in order […]

Columbiana County Wells Encourage Chesapeake

YOUNGSTOWN, Ohio – Chesapeake Energy Corp. said it’s encouraged by impressive results from wells recently placed into production in Columbiana County, and is contemplating expanding its core position to include additional exploration there. M. Christopher Doyle, executive vice president of Chesapeake’s Northern Division, told analysts and media during a conference call this week that early […]

Utica Rig Count Bumps Up, ODNR Reports

YOUNGSTOWN, Ohio – The rig count in eastern Ohio’s Utica shale rose during the week ended May 2 compared to the previous week, breaking a succession of steady declines. The Ohio Department of Natural Resources reports the rig count in the Utica increased to 29 during the week compared to 22 a week earlier. Still, […]


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