Tagged: utica shale

12:28pm

Mon October 8, 2012
Energy

USGS releases Utica Shale reserves estimate

Credit USGS

The U.S. Geological Survey released its first reserves estimate for the Utica Shale last week.

The federal agency estimates that the Utica holds about 38 trillion cubic feet of recoverable gas and 940 million barrels of oil.

According to the USGS press release:

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11:00am

Tue October 11, 2011
Energy

'Utica Shale' could push gas drilling further north

Credit Helen Slottje / via Flickr

Since Chesapeake Energy announced last month that it saw great promise in test wells in Ohio, the public has become newly acquainted with the Utica Shale, the Marcellus Shale's northern sibling.

Monday the Syracuse Post-Standard reported that Norse Energy, which has substantial lease holdings in central New York, hasĀ applied for the first permit for a Utica Shale well.

The well, in Chenango County half an hour's drive from Syracuse, is on hold pending the state's regulatory review.

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