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Mostly speculation and core samples so far. Core samples were compairable to eagle ford in south texas.
Good luck with drilling in Ohio. Eagle Ford is easier and cheaper... and fewer political hardships.
at least it's not dry gas, i tend to agree that texas is generally a friendlier environment for o&g but ohio has put themselves in a better position with the last round of elections.
i'm also not thrilled about the new leasing but like the article said, "[utica shale] may be one of the last big unconventional oil discoveries in the U.S." chesapeake has made this early mover business model work in the past, there's no reason why they can't do it one more time so long as the assets are up to snuff.
The Good News is .... shale gas is almost everywhere under the US
and,
The Bad News is .... shale gas is almost everywhere under the US
What we need is a national consensus to use it with safety. Perhaps what's happening in the mid east right now will convince us.
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Posted by Char on May 29, 2025 at 14:42 — 4 Comments
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