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Ohio Utica Shale

EQT to spend $40 million on eight Utica shale wells in 2013

By Bob Downing Published: December 5, 2012

Pittsburgh-based EQT Corp. is planning to drill eight Utica wells in 2013 in Ohio's Guernsey County.

Thsoe wells are expected to cost about $40 million, the company said on Tuesday in ts operating forecast.

It also expects to spend $820 million to drill 153 wells in the Marcellus shale.

EQT said it expects to focus its drilling in central Pennsylvania and in Guernsey County where it has about 16,000 acres.

It switched two drilling rigs to natural ags in 2012 and expects to retrofit 4 rigs in 2013. That will help save about $400,000 a year in fuel costs.

The company is also looking to develop the shallw Upper Devonian rock in Pennsylvania in 2013.

It will have eight rigs in the field in 2013.

It has earmarked $1.5 billion for 2013 capital expenditures.

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

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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.

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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.