Thursday, November 21, 2024
Tags Posts tagged with "Marcellus Shale"

Tag: Marcellus Shale

Natural gas from Ohio, Pennsylvania and West Virginia will supply 45 percent of the nation’s production by 2040, according to the IHS study.

At the Appalachian Storage Hub Conference, June 7, in Canonsburg, Pa., attendees discussed the untapped potential of oil and gas in the tri-state area.

Natural gas pipelines coming online from Utica and Marcellus shale are likely to trigger higher wellhead natural gas prices, but overall market is flat.

Eclipse Resources announces agreements to acquire new Utica shale oil and gas leases in central Pennsylvania.

The Ohio Department of Natural Resources issued 70 new drilling permits in the Utica and Point Pleasant shales the past two months. Of the 323 permits issued to date in 2017, 81 have been drilled, but only two are in production.

Kalnin Ventures, on behalf of Thai energy giant Banpu, buys 34 wells in the Marcellus shale of Wyoming County, Pennsylvania, from Zena Energy.

There were 268 oil and gas drilling permits issued in Pennsylvania’s Marcellus shale play, and 112 permits issued in Ohio’s Utica play in March/April.

Ohio issued 76 unconventional well permits so far this year and Pennsylvania, 196, a sign production is continuing on a steady pace (and definitely above last year's levels).

Penn State University’s Marcellus center reports between 5 and 25 percent of the cost to drill and develop a shale well is in managing the fluids.

Oil and gas drilling permits remain steady in the Marcellus and Utica plays. There are now 1,472 oil and gas wells producing in Ohio’s Utica shale.