Chesapeake to scale back Utica shale drilling in Ohio
The most active driller in Ohio's Utica shale play has announced it's slashing production in the face of lower oil and gas prices. The company plans to spend up to $4.5 billion on drilling around the country, which is 37 percent less than last year. It ...
Chesapeake to reduce drilling in Utica Shale
Chesapeake Energy will curtail drilling in the Utica Shale as it cuts back in response to low natural gas and oil prices. The company plans to spend up to $4.5 billion on drilling around the country, officials said in a conference call Wednesday. That ...
Cheseapeake cutting back 26 percent on capital budget, drillingAkron Beacon Journal (blog)
Chesapeake Energy shares fallUSA TODAY
Chesapeake Energy: Panic Selling Is A Promising Buying Opportunity (CHK)Seeking Alpha (registration)
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UTICA SHALE WELL ACTIVITY AS OF FEB. 7
UTICA SHALE WELL ACTIVITY AS OF FEB. 7. DRILLED 335. DRILLING 273. PERMITTED 451. PRODUCING 740. TOTAL 1,799. • Twelve horizontal permits were issued during the week that ended Saturday, and 38 rigs were operating in the Utica Shale.
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