Utica Shale

Utica Shale Description ImageThe Utica shale formation is one of the newest natural gas discoveries in North America. It is located in New York state and the Canadian province of Quebec, along the St. Lawrence River Valley. Some geologists have suggested the gas-bearing formation extends as far south as Pennsylvania. The other major shale formation in this area is the better-known Marcellus shale.

Estimates of natural gas deposits in the formation range from a low of about 2 trillion cubic feet (tcf) to a high of 60 to 70 tcf. At this time, most companies active in the Utica shale are drilling exploratory wells on the Canadian side of the border because the state of New York has been reluctant to grant drilling permits to date. Some production rates have tested up to 1 million cubic feet per day.

Utica Shale Map

Utica Shale News

Utica oil or bust? A wet gas play with plenty of condensate

May 21, 2013

Last Thursday (May 16, 2013) the Ohio Department of Natural Resources offered a rare glimpse into 2012 production in the Utica shale. In a long awaited report, the State said that 87 wells drilled by 11 companies produced about 1750 b/d of oil and 35 MMcf/d of gas. Those numbers disappointed investors hoping for evidence of another Bakken or Eagle Ford. But the State data does not tell the whole story. There should be a surge in production now that infrastructure is coming online. And significant condensate production will present new challenges for midstreamers. Today we take a closer look at Utica production.

New NGL hub for Utica and Marcellus

Apr 1, 2013

The Utica shale formation spans an area from Ohio to Pennsylvania, into New York, across the Canadian border, and into two Great Lakes (Erie and Ontario).

MarkWest Utica EMG, PDC Energy agree on Utica Shale developments

Mar 19, 2013

MarkWest Utica EMG LLC, a joint venture between MarkWest Energy Partners LP and The Energy and Minerals Group, has agreed with PDC Energy Inc. to provide gathering, processing, fractionation, and marketing services in the Utica Shale.

Williams, Boardwalk to pursue joint development of NGL pipeline system to transport Marcellus, Utica mixed NGLs

Mar 6, 2013

Energy infrastructure company Williams and midstream master limited partnership Boardwalk Pipeline Partners LP  have executed a letter of intent to form a joint venture that would develop a pipeline project to transport natural gas liquids from the  Marcellus and Utica shale plays to the expanding petrochemical and export complex on the US Gulf Coast, as well as the developing petrochemical market in the Northeast US.

Marcellus and Utica get new NGL hub

Mar 1, 2013

Members of the oil and gas community generally recognize the Marcellus shale as the largest and most economic natural gas shale play in the continental United States.

Ohio Supreme Court: Issuance of a drilling permit not appealable to OOGC

Feb 1, 2013

On January 30, 2013, the Ohio Supreme Court ruled that the Ohio Oil and Gas Commission "patently and unambiguously lacks" the statutory jurisdiction to hear an appeal from the issuance of a drilling permit by the Chief of the Ohio Division of Oil and Gas Resources Management. 

Gulfport Energy gets price target increase on Utica expectations

Jan 28, 2013

Based on increased Utica expectations, SunTrust Robinson Humphrey Inc. is raising its price target on the company.

SunTrust: More certain of Utica economics after recent trip

Jan 28, 2013

SunTrust Robinson Humphrey Inc. reported Jan. 25 that, after spending four days in the Utica shale play, its confidence in much of the play has increased, based on continued high initial production rates, limited expected depletion, improved spacing, and declining wells costs.

Hess budgets $2.7 billion for unconventional plays in 2013

Jan 14, 2013

Hess Corp. has announced a 2013 exploration and production budget of $6.7 billion, of which 40% will be dedicated to unconventional oil and gas plays.

Whoville, the big new NGL hub in Marcellus, Utica? (aka, Houville)

Dec 14, 2012

Houville is the center of an emerging Marcellus/Utica based NGL hub soon to take its place among the largest in North America.  

Reader picks: Most popular November OGFJ articles

Dec 7, 2012

OGFJ editors have compiled a list of the most engaging and interesting articles on OGFJ.com as determined by you, our readers. Have you read them all?

Gulfport Energy Reports monster Utica Shale well in Ohio

Nov 28, 2012

Gulfport Energy Corp. reported test results on its Shugert 1-12H well in the Utica Shale and announced first sales through the MarkWest Energy Partners LP Harrison County gas processing complex.

Antero to sell Piceance Basin assets to redeploy capital to Marcellus, Utica projects

Nov 5, 2012

Denver, CO-based Antero Resources has entered into an agreement to sell all of its natural gas and pipeline assets in the Piceance Basin to a private company for $325 million in cash plus the assumption of all of Antero’s Rocky Mountain firm transportation obligations.

Utica vs. Eagle Ford

Nov 1, 2012

Analysts say that the Utica Shale, which is nearly equal to the size of the Eagle Ford play in Texas, could become the third-largest shale play in the United States, producing as much as 250,000 to 500,000 barrels of oil a day.

Utica Shale Development: How do early-stage characteristics equate to other North American shale plays?

Oct 16, 2012

Analysts say that the Utica Shale, which is nearly equal to the size of the Eagle Ford play in Texas could become the third-largest shale play in the United States, producing as much as 250,000 to 500,000 barrels of oil a day.