Operators are drilling step-out wells around the main part of the Utica that may extend the play. (Source: Shutterstock)
The Utica shale in Ohio is not the best U.S. oil play and not the worst. It's right there in the middle, Enverus Intelligence Research said in a report.
According to a new well performance analysis, the Utica’s economics demonstrate “competitiveness” with established oil plays in the Lower 48, Enverus reported.
"A relatively small and consistent proven fairway for Utica oil achieves economics that rank below the Midland, Delaware and Denver-Julesburg but above the Bakken and Eagle Ford,” said Mah Noor Imtiaz, an associate at Enverus.
Recent wells in the Utica need longer laterals to achieve production rates in the first six months comparable to those in the Delaware Basin in Texas and New Mexico, Enverus said. Operators are drilling step-out wells around the main part of the Utica that may extend the play.
Recommended Reading
Chevron Inks Another 1 mtpa from ET’s Lake Charles LNG
2025-06-25 - Chevron has now signed on for a total of 3 mtpa of total contracted volume for 20 years from Energy Transfer’s Lake Charles LNG.
Oil Giant Saudi Aramco in Talks with Commonwealth LNG for Offtake Agreement, Sources Say
2025-07-09 - Commonwealth LNG has said it plans to get to a final investment decision on its proposed plant in Cameron, Lousiana, by the end of the year.
Glenfarne Secures Worley as Alaska LNG FID Nears
2025-05-27 - Glenfarne anticipates reaching a final investment decision on the 807-mile, 42-inch Alaska LNG pipeline in 2025.
Energy Transfer’s Lake Charles LNG to Supply Kyushu for 20 Years
2025-05-29 - Energy Transfer has agreed to supply Kyushu Electric Power Co. with up to 1 million tonnes per annum of LNG from its Lake Charles facility.
Canada’s Woodfibre LNG Takes Delivery of Modules
2025-05-27 - At capacity, Woodfibre LNG will be able to export about 2.1 million metric tons a year of LNG. The plant is expected to complete construction in 2027.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.