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Thursday, April 18, 2013

Drillers Hopeful That Tuscarawas County Can Become Solid Oil Producer in Utica Shale

From the Akron Beacon Journal:
Drillers are keeping a close eye on how much oil might be recovered from a well in Ohio's Tuscarawas County.
That well has produced "a good pressure test" but additional tests are still needed, said John Walker, executive chairman of EV Energy Partners, in a teleconference on Tuesday from New York.
It appears that significant oil can be recovered from Ohio's Utica shale if the right technology can be found, he said.
Read the whole article here. 

It should be noted that EV Energy Partners is trying to unload acreage in the Utica shale, so there is strong motivation for them to build up the oil possibilities in the area.  It would be wise to take a cautious approach to putting too much stock in Walker's statement.

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