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Thursday, June 13, 2013

Ashtabula County Close to Seeing Its First Shale Well Drilled

The Star Beacon:
Drilling for the first shale well in Ashtabula County is set to begin late next month. 
A lease agreement is in place between Texas firm, Beusa Energy, and a property owner in Wayne Township and the Ohio Department of Natural Resources issued Beusa a drilling permit on Friday. 
Cary Dukes, operations manager for Beusa, said the firm will be exploring for oil and gas in the Utica-Point Pleasant formation. The first well will essentially be a test to see how it will produce. If it produces well, the firm will drill additional wells in the area, he said. 
“Once we get started, the first well will determine the economic feasibility,” Dukes said.
Read the whole article here. 

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