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As of April 2024, the Marcellus Shale contained about 120 million barrels of oil, while the Utica Shale contained 2.3 million barrels, according to the United States Geological Survey.
Utica Shale drilling and production began in Ohio in 2011. Ohio as of 2013 is becoming a major natural gas and oil producer from the Utica Shale in the eastern part of the state. [10] Map of Ohio Utica Shale drilling permits and activity by date. [11] [12] In 2011 drilling and permits for drilling in the Utica Shale in Ohio reached record highs ...
Marcellus natural gas trend. The Marcellus natural gas trend is a large geographic area of prolific shale gas extraction from the Marcellus Shale or Marcellus Formation, of Devonian age, in the eastern United States. [2] The shale play encompasses 104,000 square miles and stretches across Pennsylvania and West Virginia, and into eastern Ohio ...
On May 16, the Ohio Department of Natural Resources finally published 2012 production data for the Utica Shale - a rock formation located thousands of feet below the Marcellus that spans Ohio, New ...
In August of that year, the company bought 75,000 acres in Ohio's Utica Shale and West Virginia's Marcellus Shale plays from Terrence Pegula's East Resources, a $1.75 billion sale that freed up capital for Pegula to purchase the Buffalo Bills. [15] AELP invested another $251 million into Oklahoma shale drilling in November 2014. [16]
There is an emerging economic boom in Ohio thanks to the Utica Shale. However, while the region is beginning to see increased economic activity, one thing is clearly lacking: a coinciding increase ...
The Utica shale is a black shale that dates to the Late Ordovician age. The distribution of this unit is regionally extensive throughout the entire Appalachian basin. Thickness of the Utica Shale in central Ohio is 180 to 230 feet (55 to 70 m) and thickens moving east towards Pennsylvania and New York to be 320 to 350 feet (98 to 107 m) and 350 ...
Ohio's Utica shale -- an emerging oil and gas play -- recently reached an important milestone. According to the latest update from the Ohio Department of Natural Resources, the Utica now has 300 ...