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Friday, October 26, 2018

XTO Energy Still Excited About Potential of Utica Shale

From Kallanish Energy:
The Appalachian Basin’s Utica Shale holds great potential, according to XTO Energy’s Andree Griffin. 
Speaking to roughly 900 attendees Wednesday at the Shale Insight 2018 conference in Pittsburgh, Pa., at the Shale Insight 2018 conference. Griffin, XTO’s vice president, Geology and Geophysics, is a big believer in the Utica, found mostly in eastern Ohio, Kallanish Energy reports. 
“Do not underestimate the potential of the Utica Shale,” she told the audience. What’s happening there is “staggering and very exciting,” she added. It is a shale play where the surface has barely been scratched, she said. 
Only the beginning 
The eighth annual Shale Insight conference was presented the Marcellus Shale Coalition, the Ohio Oil and Gas Association and the West Virginia Oil and Natural Gas Association. 
“You can tell this is only the beginning,” Griffin said of the Utica Shale. “The potential in the Utica is enormous.” 
The gassy Utica Shale is newer in terms of production and smaller than the neighboring Marcellus Shale and it's generally lumped together with the Marcellus Shale in reports.
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