Monday, December 31, 2012

Utica Shale Development Keeps Slow, Steady Pace

From the Akron Beacon Journal:
Not many people had heard the terms “Utica shale,” “fracking” or “natural gas liquids” as recently as a few years ago.
That’s changing quickly. Development in Ohio’s Utica shale formation is still in its infancy, but its huge potential for jobs and the state’s economy is becoming clearer.
To date, 45 Utica shale wells are in the production stage in Ohio and those sites, which employ horizontal drilling and hydraulic fracturing, or fracking, are yielding staggeringly big numbers for natural gas, oil and such natural gas liquids as ethane, butane and propane.
Read the rest of the article here.

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