Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), reported its first quarter 2024 numbers earlier this week. The company drills Utica and Marcellus wells in Ohio. It also has an active drilling program in the Oklahoma SCOOP shale play. Gulfport’s net daily production for 1Q24 averaged 1,053.7
Encino Energy published its annual Community Progress Report for 2023 yesterday. The report provides insight into the company's achievements through its Community Partnership Program and highlights its investments in the communities in which it operates. In five years of active operations in Ohio, Encino has donated more than $2 million to 145 community groups and
Encino Energy is one of the big success stories of drilling for oil in the Ohio Utica Shale. Roughly 5 ½ years ago, Encino Energy, in partnership with the Canada Pension Plan Investment Board (CPP Investments), closed on buying Chesapeake Energy’s Ohio Utica assets for $2 billion (see Encino Takes Over from Chesapeake in Ohio
Here's something we had not previously heard: Investors (at least some investors) have "mixed or negative sentiment towards EOG Resources, particularly concerning its activities in the Utica Shale." Some investors, according to Investing.com, are unsure that EOG's Utica operation will perform well for the company and may be a drag on the company. An analyst
A new bill proposed by two Republican state lawmakers in Ohio would make it easier to site and build natural gas pipelines to areas of the state where pipelines currently don't exist. If our reading of the bill language is correct, it is aimed at stimulating new jobs by running pipelines to industrial parks and