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Gulfport Energy Follows Shale Play South & East

SALEM – A major investor in the Utica Shale Play said it is moving farther south in Ohio and eastward into West Virginia during its 2014 first quarter earnings call on Friday. Gulfport Energy Corp. has located most of its oil and gas leases in Belmont and Harrison counties and recently picked up another 8,000 [...]

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Southeast Ohio Wells Most Productive

ST. CLAIRSVILLE – In Belmont County, there are natural gas wells nicknamed “Big Foot” and “Blue Thunder,” along with a “monster” lurking deep within the area known as Egypt Valley. Given those monikers, it comes as no surprise that Belmont County, along with Monroe and Harrison, top the state of Ohio in terms of natural [...]

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Belmont County Up to 50 Utica Shale Permits

ST. CLAIRSVILLE – Still in the early stages of the Utica Shale rush, Gulfport Energy, Hess Corp., XTO Energy and Rice Energy combined to record 50 natural gas drilling permits for property in Belmont County from the Ohio Department of Natural Resources. Though Chesapeake Energy’s strong presence helps Carroll County lead the way in Utica [...]

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Drillers in Ohio Increasingly Shifting to Southern Counties

Of Ohio’s 2013 Utica shale permits, more than 50 percent have been issued to energy companies interested in those counties, and that region is not Chesapeake’s stronghold, according to a Beacon Journal review of state data. Harrison County leads the way with 124 permits since 2010, followed by Noble County with 62, according to information [...]

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Gulfport Adds Acres in Ohio Utica Shale

  From the Canton Repository: Gulfport Energy provided an update Tuesday on its Utica Shale activity ahead of the release of its second quarter earnings. The Oklahoma City-based company said it has added approximately 8,000 acres to its holdings in eastern Ohio’s Utica Shale, giving it a total of 145,000 acres in the region. Gulfport [...]

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It’s Wait & See for the Future of the Utica

WARREN – Experts analyzing unconventional methods of extracting the earth’s natural gas and oil – like the horizontal wells being drilled in Eastern Ohio’s Utica Shale Play – have hoped other successful U.S. shale plays would provide clues to Ohio’s future. At least three notable shale plays bear some similarity to Ohio’s Utica Shale Play, [...]

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2012 Utica gas & Oil Production Figures

Owner Township Well Oil (barrels) Gas (MCF) Days Ashland County Devon Clear Creek EICHELBERGER DAVID 1H 0 0 102 Belmont County Gulfport Kirkwood SHUGERT 1H 257 0 5 PDC Energy Richland HICKENBOTTOM 1 0 5,370 290 Gulfport Warren SHUGERT 1H 373 0 5 Carroll County Chesapeake Augusta CALVIN MANGUN 8H 7,144 239,021 152 Chesapeake Augusta [...]

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Is the Utica a Bust? Analysts do not think so and Neither do Midstream Developers

By DAN SHINGLER 9:25 am, April 19, 2013     So, is the Utica shale boom over? That was the impression some observers said was created by an April 15 Bloomberg news story titled, “Ohio’s $500 billion oil dream fades as Utica turns gassy.” But those observers say people who think the Utica is a [...]

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Muskingum Watershed Condervancy District to Consider More ‘Frack’ Water Sales

It takes on average 4.4 million gallons of water to hydraulically fracture a well. That is a considerable amount of water. In order to secure bulk amounts of water energy companies often resort to negotiating deals with state agencies to secure the water they’ll need. Click HERE to read about one deal between the Muskingum [...]

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In Ohio, the Fog Begins to Lift Over the Utica Shale

NEW YORK, March 25 (Reuters) – Shares of Gulfport Energy were in free fall last spring, dropping 55 percent in four months, until the oil and gas producer announced it had drilled its first three wells in the Utica shale formation in Ohio. The Oklahoma-based company’s value has since more than doubled, bolstered by a [...]

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