Utica shale and fracking news
Utica and Marcellus shale web sitesOhio 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.
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.
From PDC Energy:
PDC focused on expanding its inventory of liquid-rich projects in 2012 and increasing its ratio of oil and natural gas liquids ("NGLs") to total production. Some of the key events that took place during the year were:
- Total proved reserves at year-end 2012 increased 14% from year-end 2011 to approximately 1.2 trillion cubic feet equivalent (Tcfe). Oil and NGLs made up 48% of proved reserves at year-end 2012.
- Total 3P (proved, probable and possible) reserves increased approximately 70% from year-end 2011 to 3.6 Tcfe at year-end 2012.
- PDC acquired approximately 30,000 net acres and related production in the core Wattenberg Field.
- The Company increased its inventory of drilling locations to over 1,400 proved and probable locations in the core Wattenberg Field through downspacing and the Wattenberg Field acquisition.
PDC completed its acquisition of approximately 45,000 net acres in the emerging liquid-rich
Utica Shaleplay in southeastern Ohioand began a drilling program to delineate and de-risk its leasehold position.
The Company strengthened its balance sheet and liquidity in 2012 through a series of transactions:
PDC closed the divestiture of its
Permian Basinassets for $189 million.
The Company closed an equity offering of 6.5 million shares of common stock for net proceeds of approximately
In October, PDC completed a private placement of
$500 millionof 7.75% Senior Notes due in 2022. Additionally, in November, the Company redeemed its $203 millionof 12% Senior Notes due in 2018.
The Company's available liquidity position as of
December 31, 2012was $399 million, compared to $196 millionas of December 31, 2011.