Permit activity in the Utica and Marcellus Shale formations in Ohio have seen some changes compared to the last well activity update, but that’s not the only activity the region has received. Word on the press is a billion dollar pipeline system is coming to the area.
After MarkWest Energy Corp. announced it will be merging with Marathon Petroleum Corp., the two shared plans of a billion dollar pipeline system to be constructed in the Utica Shale region. The system will transport natural gas from northern Belmont and Jefferson Counties in Ohio.
Ascent Resources – Utica LLC, a drilling subsidiary of American Energy Partners LP, has put forth a large commitment to the system. The company, which has 280,000 acres in the Utica and Marcellus Shale formations, has agreed to dedicate 100,000 of its acreage to the project. As MarkWest shared, the system will consist of over 250 miles of pipeline and have the ability to send nearly 2 billion cubic feet of dry gas per day.
MarkWest is hoping to have the pipeline system up and running by the end of this year.
The following information is provided by the Ohio Department of Natural Resources (ODNR) and is for the week of August 9th through August 15th.
The ODNR reported 969 horizontal wells in production, 1570 horizontal wells drilled and a total of 1988 horizontal permits. Six horizontal permits were issued this week and there are 25 rigs in the Utica.
Activity in the Marcellus Shale in Ohio remains unchanged from last week’s well report. The area is still sitting at 15 wells permitted, 11 drilled, 17 wells in production and one well inactive. There are a total of 44 wells in the Ohio Marcellus Shale.