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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.
- Operators Gearing Up To Test Utica Shale Formation Resource Potential
Growing numbers of oil and gas companies are gearing to test...
- Operators Gearing Up To Test Utica Shale Formation Resource Potential
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 · Growing numbers of oil and gas companies are gearing to test the liquids-rich Utica Shale below the Marcellus formation in Ohio and Pennsylvania.
23 sie 2024 · In the renewed play, more than 700 horizontals have been landed in the Utica Formation’s Point Pleasant since 2019—in the dry-gas, wet-gas and volatile oil phases. Among those targeting oil are Encino Energy’s three David Weaver holes in Harrison County, Stock township, near Tappan Lake.
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...
5 sie 2024 · EOG Resources has dropped a new five-well pad in its Ohio Utica oil play, showing 700-ft spacing will make IPs as strong as 1,000-ft-spaced pads. Its new pad, called Shadow, is in Carroll County at the northern end of its 140-mile-long north-south leasehold, which it grew by 10,000 net acres this spring to total 445,000 acres, the company told ...
8 mar 2019 · Houston-based Encino Energy LLC last month took over drilling and completion operations on a massive Utica Shale position in Ohio that it acquired late last year in a $2 billion deal from the...
