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The company’s Utica Shale results are so encouraging that Hardy Murchison, chief executive officer of Houston-based Encino, says he has an answer for anyone who wonders when and where the next major U.S. tight oil play will emerge.
13 cze 2024 · Recent data from the Ohio Department of Natural Resources (ODNR) confirms an emerging Ohio oil play with untapped potential. Traditionally thought of as a natural gas play, new technologies have unlocked oil production in the Utica Shale that continues to grow: 70 percent since 2021 with 40 percent annual growth from 2022 to 2023.
2 dni temu · But lurking 2,000 to 7,000 feet beneath the massive Marcellus formation is an even more dominant geologic feature: the Utica Shale, an Ordovician-age formation that is thicker and much more geographically expansive than even the Marcellus.
In a press release issued yesterday, Post Oak Energy Capital announced it is giving buckets of money to Tiburon to close a deal to lease land in the liquids-rich portion of the Utica Shale play in Ohio.
12 mar 2013 · The Ohio Department of Natural Resources (ODNR) has updated several maps and data charts for the Utica Shale and Point Pleasant formation, including one map showing the weight of Total Organic...
9 lip 2024 · According to Ray Walker, Encino chief operating officer, Encino recently received an investment that will allow the company to expand its footprint in the Utica and Point Pleasant shale regions by securing leases on additional land.
9 maj 2024 · EOG Resources is taking its 3-mile-lateral tack in Ohio’s Utica oil play to a company-record 3.7-mile test, finding the rock’s output and costs “compete with the best plays in America ...
