Utica Shale News

MarkWest reports on 2012, plans for 2013 Utica shale progress
Akron Beacon Journal (blog)
In addition, with our partner EMG, we have made enormous progress in the development of our full service integrated midstream platform to support the rapidly developing Utica Shale . In 2012 we invested almost $2 billion on strategic growth projects ...

Drilling supplier to open terminal in Navarre
Canton Repository
The Navarre facility joins six other proppant terminals the company operates in Pennsylvania and West Virginia to serve customers drilling in the Utica and Marcellus shale formations. A Connecticut-based supplier to the oil and gas industry plans to ...

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PDC Energy offers results from second Utica shale well
Akron Beacon Journal (blog)
In mid-February 2013 , the Company flow tested its second horizontal Utica Shale well in Guernsey County, Ohio . The Detweiler 42-3H well tested through tubing at a peak rate of 2,197 barrels of oil equivalent ("Boe") per day on a 20/64" choke with an ...

Unimin Opens Proppant Distribution Terminal in the Heart of the Utica Shale Play
Sacramento Bee
Located south of Cleveland, OH and southwest of Canton, OH the facility is strategically situated to serve hydraulic fracturing operations in the Utica shale formation. Unimin's Navarre terminal is served by three class 1 railroads via the Wheeling and ...

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MarketWatch (press release)
Unimin Opens Proppant Distribution Terminal in the Heart of the Utica Shale Play
MarketWatch (press release)
Located south of Cleveland, OH and southwest of Canton, OH the facility is strategically situated to serve hydraulic fracturing operations in the Utica shale formation. Unimin's Navarre terminal is served by three class 1 railroads via the Wheeling and ...

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Gant Daily
Gulfport reaps rewards from Utica shale
UPI.com
OKLAHOMA CITY, Feb. 27 (UPI) -- Gulfport Energy Corp., a company working in the Utica shale play in Ohio, said oil and natural gas production and sales increased 10 percent in 2012. Gulfport reported a net income of $15.9 million for the fourth quarter ...
Shale gas drilling moratorium proposed in AssemblyRochester City Newspaper (blog)
US Oil and Gas Shale Investment OpportunitiesJags Report
Shale Plays: A Positive for Railways in the Appalachian BasinGant Daily
NGI's Shale Daily (subscription) -Environmental Expert (press release) -statepolitics.lohudblogs (blog)
all 24 news articles »

Chesapeake's Future Is Brighter Than You Might Think
Motley Fool
In the vast Utica Shale, which literally lies beneath the Marcellus Shale in several of the nation's northeastern states -- and extends from Canada into northeastern Tennessee -- Chesapeake has long been the leader of the pack. Working In concert with ...

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EMG Finalizes Increased Stake in Utica Midstream Venture
NGI's Shale Daily (subscription)
Appalachian midstream provider MarkWest Energy Partners LP and private equity fund The Energy and Minerals Group (EMG) have completed an amendment to give EMG a larger stake in their joint venture (JV) in the Utica Shale. Under the terms of ...

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The Providence Journal
Eclipse Resources Adds to Senior Management Team
The Providence Journal
Mr. Tolmachev joins Eclipse Resources with extensive oil and gas experience and most recently served as the Senior Asset Manager, Utica Shale with Chesapeake Energy Corporation where he was responsible in leading an asset team comprised of land, ...
Chesapeake's Future Is Brighter Than You Might ThinkMotley Fool

all 4 news articles »

MarkWest, EMG finalize revamped Utica Shale deal
Gas Business Briefing
"Due to the tremendous success of producers operating in the Utica Shale, the scale and scope of the Utica joint venture has expanded considerably over the course of the past year," said EMG CEO John Raymond. "This transaction addresses the capital ...

MarkkWest, EMG finalize Utica infrastructure pact
Akron Beacon Journal (blog)
“We are pleased to announce the expansion of our relationship with EMG in the Utica Shale ,” said Frank Semple , Chairman, President and Chief Executive Officer of MarkWest. “The success of our Utica Shale Joint Venture is a direct result of the ...
MarkWest planning drilling infrastructure projects in Utica shale territoryBusiness First of Columbus
Utica Joint Venture Partners Complete AgreementsIVCPOST
MarkWest Energy Partners and EMG sign definitive agreements for Utica JVMENAFN.COM

all 5 news articles »

Chesapeake pleased with oil results in West Virginia Marcellus shale
Akron Beacon Journal (blog)
Chesapeake Energy announced in July 2011, to great fanfare and shouts of joy, that it had hit oil in the Ohio Utica Shale (see Major Discovery – Chesapeake Energy Strikes Oil (and Gas) in Ohio's Utica Shale). Although early results were promising, by ...
Bright FutureMartins Ferry Times Leader

all 2 news articles »

Cabot Oil & Gas Management Discusses Q4 2012 Results - Earnings Call ...
Seeking Alpha
Couple of wells producing over 60, 70 million cubic foot a day, a well, shale well, producing over 40 million cubic foot a day, continues that 30-day average over 35 million cubic foot a day. .... Great. And then the last one for me, any update on the ...

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Report sheds insight on Ohio shale activity
Business First of Columbus
A lack of pipelines, processing plants and storage facilities held back production in the Utica shale play in 2012, but that could change this year because of about $7 billion in planned investments in such infrastructure projects. That is one of the ...

Akron Beacon Journal
Utica shale wells producing huge oil and gas yields for Chesapeake Energy
Business First of Columbus
There also are Utica shale numbers in the press release that Chesapeake issued with its fourth quarter earnings report. Among them: The company had drilled 184 wells, including 45 producing wells, in the Utica play as of Dec. 31 and plans to operate 14 ...
Chesapeake optimistic after year-end lossCanton Repository
Ohio, Marshall County wells striking oilThe Daily Times
Chesapeake Energy offers first estimate of production estimates for Ohio wellsAkron Beacon Journal
Seeking Alpha -MarketWatch (press release)
all 9 news articles »

MarkWest planning drilling infrastructure projects in Utica shale territory
Business First of Columbus
The deal between MarkWest Energy Partners LP and Energy & Minerals Group LLC to invest up to $950 million in Ohio's Utica shale was finalized Friday, the companies said. Houston-based EMG had announced earlier this month plans to boost its capital ...
Utica Joint Venture Partners Complete AgreementsIVCPOST

all 3 news articles »

Utica Joint Venture Partners Complete Agreements
IVCPOST
The joint venture aims to develop the midstream infrastructure for natural gas producers that are in current operation in the Utica Shale formation in Ohio. Among the terms of the agreement would be the increase of EMG's initial capital investment from ...

MarkWest Utica Expanding Ohio Services for Rex Energy
NGI's Shale Daily (subscription)
MarkWest Utica EMG LLC has clinched an agreement with Rex Energy Corp. to expand its Utica Shale midstream infrastructure. MarkWest Utica, a joint venture of MarkWest Energy Partners LP and The Energy and Minerals Group (EMG), is developing an ...

Christian Science Monitor
Rice Energy Seeks New Investors to Finance Development in the Utica Shale
Dow Jones Bankruptcy & Debt (registration)
Rice Energy, an oil and gas exploration and production company backed by Natural Gas Partners , is looking for new investors as it seeks to expand its presence in the Utica shale formation, according to several people with knowledge of the company's plans.
Marcellus shale drilling likely to slow down in 2013Akron Beacon Journal (blog)

all 13 news articles »

OSU hosting shale seminar to educate landowners
Business First of Columbus (blog)
Ohio State University and Mahoning County are hosting a workshop Saturday to educate landowners about the development of Ohio's shale resources. Educators and specialists from community outreach program OSU Extension will speak on leasing issues, ...

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