Monday, November 18, 2024
Tags Posts tagged with "Utica Shale"

Tag: Utica Shale

There are currently 1,943 permits issued for wells in the Utica shale in Ohio and 1,520 wells have been drilled.

Companies represented made it clear that drilling and producing has been slowed by commodity prices, but showed they are confident the industry will rebound.

The Ohio Supreme Court has ruled on one case dealing with the Ohio Dormant Minerals Act and has heard the arguments on another. The questions remains: Which Ohio Dormant Minerals Act applies?

During the month of May, the Ohio Department of Natural Resources issued 44 new permits in Ohio.

Oil production increased 24 percent from fourth quarter 2014.

American Petroleum Institute Chief Economist John Felmy: Of the myriad market forces that have brought about the recent drop of crude oil prices worldwide, shale has had the most impact.

State Rep. Jack Cera, D-Bellaire, has introduced a gas and oil severance tax plan that would partially fund local governments and statewide infrastructure projects.

Columbiana County, Ohio, landowners lost their appeal case against Chesapeake Appalachia and Statoil over ambiguity of extension language in their oil and gas leases.

The Ohio Department of Natural Resources issued 38 new permits for horizontal wells in March, a five-permit drop from February, but still more than the 32 issued in the state in January.