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Friday, April 18, 2014

Exxon Moving Ahead in Utica Shale

From Business Journal Daily:
XTO Energy Inc., a subsidiary of Exxon Mobil Corp., was awarded eight of the 12 new horizontal drilling permits issued by the Ohio Department of Natural Resources last week, the agency reports. 
XTO received eight new permits to drill wells in Belmont County, in the southern tier of the Utica shale. The wells are targeted for York and Mead townships, ODNR reports. 
Also, CNX Gas Co., a subsidiary of Consol Energy, Pittsburgh, received three permits to drill two wells in Monroe County and one in Noble County, also in the southern portion of the Utica, ODNR reports.
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