Hess Corp. says it is pleased with initial results from the Utica shale in eastern Ohio.
It is continuing to test wells this year and expects to ramp up production in 2015, said Groegory P. Hill, president and CEO of exploration and production, in a recent first quarter 2014 report.
"Well results from the Utica shale play are encouraging," said John Hess, CEO and director.
Earlier, Hess and partner CONSOL Energy said they intend to spent $550 million to drill 35 Utica wells in 2014 in the wet-gas window.
In the first quarter, the two companies drilled eight wells, completed three and tested one well in the joint venture area that covers 43,000 acres. Initial results show rates averaging 1,800 barrels of oil equivalents per day with 59 percent liquids based on 24-hour tests.
Hess reported that it has drilled 42 wells in the Utica, although only 15 of those wells have been tested, officials said.
The company is working to reduce drilling and completion costs in the Utica shale. It is also experimenting with lateral lengths and fracking stages.
It has three rigs drilling in Ohio. It is active in Belmont, Guernsey, Harrison and Jefferson counties.
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.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
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.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.