From Hess Corp. today:
|Hess Corporation Announces Sale of Utica Dry Gas Acreage|
Proceeds from these sales will be used for additional share repurchases as they are in excess of those associated with the divestiture program announced by the Company on
Hess had 12 Utica wells that were in production in 2013 and 34 other Utica wells that were being developed. The wells were in Harrison, Belmont, Guernsey and Jefferson counties.
The company also has six Marcellus shale permits in Ohio: two are producing, a third is drilled and the three others are permitted only.
The company is also a partner in an Ohio joint venture with Pennsylvania-based CONSOL Energy.
Earlier this month, Hess said it plans to spend $550 million in 2014 to drill 35 wells in the Utica shale’s wet gas window in eastern Ohio.
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.