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Thursday, May 29, 2014

Utica Shale Report From Chesapeake Energy is Delayed

From Shale Play:
During Chesapeake Energy's first quarter earnings call, Chris Doyle, senior vice president of operations for the northern division, said the company will provide more detailed information regarding its Utica Shale play operations soon 
Chesapeake is the largest oil and gas leaseholder in Ohio and has many leases in Columbiana County. 
There are 102 oil and gas horizontal drilling permits in Columbiana County, and there are 43 drilled wells with 22 of those producing.
Read the whole article here.

This news comes after multiple Utica shale drillers have announced that their expectations for production from the Utica shale are lower than previously stated for 2014.

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