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Ohio Utica Shale

Chesapeake gets up to $38,800 per day per well in Utica shale

By Bob Downing Published: October 19, 2012

Interesting factoid on Chesapeake Energy Corp.:

According to Casey Junkins of the Wheeling Intelligencer News-Register on May 6, the Oklahoma-based energy giant said it earns $13,000 a day at each Utica shale well for natural gas only.

If the well produces natural gas plus ethane, butane and propane, the so-called wet gases, the daily income at each well climbs to $27,800.

If the company keeps the ethane with the natural gas, the daily income climbs again to $38,800 per well.

Chesapeake has said it envisions drilling 12,000 wells in Ohio in the coming years.

The prices paid for natural gas has dropped since May, so the numbers may not be 100 percent accurate today. But it provides ballpark figures..

Click here  to read Junkins' story.



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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.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

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.