Here some additional facts on Ohio's Utica shale offered this week at the Northeast Ohio Logistics Conference in Akron by Cleveland attorneys Chip Collier and Rich Plewacki of Benesch Attorneys at Law.
1. The Ohio Oil & Gas Association estimates that the Utica shale will generate $23 bilion in total output and sales and 204,000 new jobs by 2015.
2. Assuming 5 percent recovery, the Utica shale could produce 8.2 billion barrels of oil or equivalent and 15.7 trillion cubic feet of natural gas.
The remaining 95 percent will stay in the ground.
3. As you move west from the Ohio-Pennsylvania line, there is more potential for wet gas (ethane, butane, propane) because the Utica shale is less mature and shallower.
4. The Ohio Department of Natural Resources is estimating 2,250 horizontal wells in Ohio by 2015.
Estimates are 160 horizontal wells this year, another 650 in 2013 and 1,075 in 2014.
That would mean 1,918 wells by the end of 2014.
5. Nearly 4 million acres have been leased for drilling in eastern Ohio by the 16 biggest companies.
The actual total is 3,946,000 acres.
The biggest players are Chesapeake Energy, 1.3 million acres; EnevVest-EV Energy Partners, 780,000 acres; Chevron, 600,000 acres, Anadarko, 300,000 acres; Hess Corp., 185,000 acres; SA, 154,750 acres; Devon Energy, 110,000 acres; and CONSOL/CNX Gas, 100,000 acres.
As of April, Chesapeake Energy had drilled 58 wells in Ohio. It was No. 1.
6. Each well requires 1,200 truckloads of materials: water, sand, chemicals, steel and other commodities.
7. Extended natural gas gathering lines cost about $4.48 million per drilling pad.
Pads may have one or more wells.
Interesting Utica facts!!!!!
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.