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Ohio Utica Shale

Antero Resources offers more Utica shale information

By Bob Downing Published: November 13, 2013

A few leftover items from last week's earnings call by Antero Resources:

1. Company has been running four frack spreads or frack teams in the Appalachian Basin.

2. Its rates of return in the Marcellus shale have been 40 percent in the ricj gas area to 90 percent in the highly rich condensate area. In the Utica shale, the rates of return are about 100 percent in the rich gas area to more than 200 percent in the highly rich condensate area.

3. Company has been drilling the longest laterals in the Macrellus shae. It averaged 7,100 feet for the 34 wells completed in the third quarter.

4. It is moving toward shorter stage lengths or SSL completions. The costs are 20 percent higher but production is 20 to 30 percent more.

5. Antero has plans to add first compression facility in the Utica shale. Those plans should be outlined by the end of November. It is looking at 120 million cubic feet per day.

6. Antero has drilled 250 miles of laterals in West Virginia and has encountered no faulting in the rock. That is a major advantage, officials said.

7. Acquiring additional Utica shale acreage will be difficult, Antero said.

 

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Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

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Buckeye Forest Council.

Earthjustice, a national eco-group.

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People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.