Utica

Pennsylvania Awaits Court Decision on State Forest Leasing

Pennsylvania has negotiated a settlement with an environmental group that will temporarily bar the Department of Conservation and Natural Resources from issuing... Read More

Antero Resources 2Q Production Passed 1 Bcfe/d

Antero Resources Corp. said Friday it produced 891 MMcfe/d in the second quarter, a 94% year-over-year increase that set a company record and passed the milestone of 1 Bcfe/d of net production. Read More

Appalachia’s Long-Term Price Outlook Seen Improving

Rising U.S. onshore production and the oversupply that continues to stoke concerns about near-term drilling economics and price realizations in the Appalachian Basin could slowly be reversed with a basis uplift beginning in 2016 if demand, midstream bottlenecks and new technology improve as forecasted, according to a report from Canaccord Genuity. Read More

Antero Reserves Move Higher on Shorter Stage Length Completions

Appalachian pure-play operator Antero Resources Corp. added 1.5 Tcfe to its proved reserves during the first half of the year, mainly on a robust drilling program in the Marcellus and Utica shales, where shorter stage length (SSL) completions boosted well performance. Read More

Consol's Utica Shale Program Gained Momentum Last Quarter

The Marcellus Shale continued to drive significant production gains for Consol Energy Inc. in the second quarter, while its program in the Utica Shale is picking up pace and expected to account for a larger portion of volumes by the end of this year. Read More

NGL, Condensate Transloading Facility Opens in West Virginia

A new truck-to-rail transloading facility has opened in Parkersburg, WV, that is capable of handling more than 150,000 bbl of crude oil condensate and natural gas liquids from the Marcellus and Utica shales. Read More

With Appalachian Reserves Growing, Magnum Hunter Inches Closer to Pure-Play

Magnum Hunter Resources Corp. said Monday the Appalachian Basin now accounts for approximately 80% of its total proved reserves, up from 70% at the end of last year as it continues to divest non-core assets to focus on developing nearly 200,000 net Marcellus/Utica acres. Read More

Baker Hughes: Well, Rig Counts Both Increased in 2Q2014

The well count and rig count in the U.S. onshore both increased slightly during the second quarter of 2014. The former was boosted by strong gains in the Permian Basin, Marcellus Shale and Granite Wash formation, while the latter reflected a slight improvement in drilling efficiencies, Baker Hughes Inc. (BHI) said Friday. Read More

Another Study Finds Appalachian Water Use, Underground Injection Volumes Increasing

A recently released study by the FrackTracker Alliance shows that water use and wastewater generated from horizontal hydraulic fracturing (fracking) has dramatically increased in the Appalachian Basin since 2010, leading to a corresponding increase in the use of Class II underground injection wells, especially in Ohio. Read More

Magnum Bolts-On Acreage in Ohio, West Virginia

Magnum Hunter Resources Corp. agreed to purchase the remaining mineral rights of bankrupt aluminum producer Ormet Corp. in Monroe County, OH, and Wetzel County, WV, for $22.3 million, according to documents filed in a Delaware bankruptcy court last week. Read More