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Utica shale wells in Ohio on par with Marcellus plays in neighboring states

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Friday, 09 November 2012 18:41

Ohio has entered the same league as western Pennsylvania and West Virginia when it comes to drilling activity for shale gas and oil.

Some 27 rigs are drilling in Ohio’s Utica shale play, said David Mustine, managing director for JobsOhio’s energy efforts and quarterback of Gov. John Kasich’s shale gas team.

That is about the same number of rigs that are operating in the more established Marcellus shale plays in western Pennsylvania and West Virginia. Each of those states has 27 to 30 rigs, Mustine said, and it’s the first time Ohio’s drilling activity has reached that level.

“It’s very significant activity,” he said during a presentation at a post-election program hosted Thursday by Success Group Ltd., a government affairs firm in Columbus.

Here are some of the other highlights of Mustine’s presentation:

 

Read more... [Utica shale wells in Ohio on par with Marcellus plays in neighboring states]
 

Chesapeake Energy CEO 'thrilled' by Ohio Utica shale results

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Monday, 05 November 2012 21:51

Chesapeake Energy Corp. CEO Aubrey McClendon said the company is "absolutely thrilled" with results so far in the Utica shale play, in a third-quarter earnings conference call, the Akron Beacon Journal reports.

The company also identified Carroll, Harrison and Columbiana counties as the areas for its core operations.

Chesapeake (NYSE:CHK) has the most wells drilled in Ohio with 134 and plans to drill up to 4,000 in the next 20 years, the newspaper reports.

 

Read more... [Chesapeake Energy CEO 'thrilled' by Ohio Utica shale results]
 

Ohio Jumps Into Top 5 States for Oil and Gas Lease Bonuses

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Thursday, 11 October 2012 21:20

The top oil and natural gas lease bonuses paid to property owners in Ohio were a whopping 13 times more during the third quarter this year than they were a year ago as drilling companies develop the Utica shale play in the eastern part of the state.

The top lease bonus per acre for the quarter in Ohio was $8,200, according to a study by Farmers National Co., a Tulsa, Okla.-based firm that manages mineral rights for property owners. That compared to $650 in the third quarter of 2011.

 

Read more... [Ohio Jumps Into Top 5 States for Oil and Gas Lease Bonuses]
 

Are You Worried About Earthquakes Caused by Fracking?

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Tuesday, 02 October 2012 21:16

Can Fracking Cause Earthquakes?

 

The series of earthquakes that shook the Mahoning Valley last year were big news – not just because such tremors are an uncommon occurrence there, but also because they were found to have been a by-product of natural gas drilling. The finding has rattled many residents’ comfort with the industry, which is on the cusp of enormous growth across Northeast Ohio.

But are the fears justified?

First Sign of Trouble

Youngstown resident and geology professor Susie Beiersdorfer spends much of her free time organizing rallies against natural gas drilling. When a 4.0 trembler shook Youngstown last New Year’s Eve, she was in the middle of putting together a brochure describing the risks of fracking – the process of fracturing rock formations deep underground to release and extract the gas. It was a coincidence she wouldn’t let go to waste.

 

Read more... [Are You Worried About Earthquakes Caused by Fracking?]
 

[Video] from Bob McClelland - What Can Happen Without Adequate Legal Council in a Criminal Case

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Thursday, 20 September 2012 15:04

Bob McClelland, Criminal Law Attorney, at Graham and Graham Law Firm in Zanesville, Ohio talks about the importance of obtaining adequate legal representation in a criminal defense case. He also explains some of the repercussions that can occur without having adequate legal council.

Read more... [[Video] from Bob McClelland - What Can Happen Without Adequate Legal Council in a Criminal Case]
 
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