MOUNDSVILLE, W.Va. – Oil and natural gas companies with Marcellus Shale operations in the Northern Panhandle are turning their attention to the Utica Shale.
The Utica Shale underlies the Marcellus Shale in much of Marshall, Wetzel and Ohio counties.
Gastar Exploration is drilling an exploratory well in both the Utica and Point Pleasant formations in Marshall County. Stone Energy Corp. operates mostly in Wetzel County and plans to drill a Utica exploratory well in June. Fossil Creek of Ohio also is exploring the Utica Shale in the panhandle, The Intelligencer and Wheeling News-Register.
“In West Virginia, we are currently drilling our first Utica/Point Pleasant exploration well in Marshall County and expect to have results early in the third quarter of 2014. Based on nearby operator activity, we are highly optimistic about the potential of this formation and believe that it underlies our entire acreage position in both Marshall and Wetzel counties,” J. Russell Porter, Gastar president and CEO, told the newspaper.
Read more: http://www.observer-reporter.com/article/20140512/NEWS04/140519856#.U3OC_KZOVHg