Subscribe free to our newsletters via your
. Military Space News .




OIL AND GAS
Utica may be the strongest gas play yet, Rice Energy says
by Daniel J. Graeber
Canonsburg, Pa. (UPI) Aug 11, 2014


disclaimer: image is for illustration purposes only

Rice Energy, a company focused on eastern U.S. gas basins, said Monday natural gas output from Utica shale is among the highest it has seen so far.

In June, the last full month for which data are available, the company said it doubled its gas production when compared with June 2013. For the full second quarter, Rice said it produced 38.3 billion cubic feet of natural gas.

Chief Executive Officer David Rice credited the success to developments in the Marcellus shale area in Pennsylvania and the emerging Utica play in Ohio.

"We brought online 14 Marcellus wells and our first Utica well, which tested at a stabilized rate of 42 million cubic feet of gas per day and is shaping up to be one of the best wells in our company's history," he said in a statement.

Marcellus is the lead shale natural gas play in the United States. Utica is positioned geologically below Marcellus and is considered an emerging basin.

The company added Monday it was pursuing the formation of a midstream master limited partnership that would offer shares to the public in the first half of 2015.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
Abu Dhabi National Energy halts work in Iraq
Abu Dhabi, United Arab Emirates (UPI) Aug 11, 2014
Production from the Atrush block in the Kurdish north of Iraq should start in 2015 but operations are on hold because of the violence, energy company TAQA said. U.S. President Barack Obama ordered limited airstrikes against Sunni-led insurgents in the mountainous north of Iraq last week. In an address Saturday, the president said the strikes "successfully destroyed arms and equip ... read more


OIL AND GAS
US Congress approves funding for Israel's Iron Dome

MEADS International touts its air defense system capabilities

Space surveillance satellites being sent into orbit

Patriot getting enhanced radar capabilities

OIL AND GAS
Nearly all Gaza rockets self-made: Israeli army

Russia has violated arms treaty by testing cruise missile: US

MD 530G attack helicopters fires Talon rockets

Missile decoy system on Australian, U.S. warships to be upgraded

OIL AND GAS
Northrop completes UAV fuselage for NATO program

Brazil's Flight Tech exporting UAV

Drones thrill Martha Stewart... and US prison convicts

K-MAX unmanned cargo helo finishes Afghan deployment

OIL AND GAS
Fourth MUOS Communication Satellite Clears Launch-Simulation Test

US looks to Japan space program to close Pacific communications gap

U.S. government using commercial Inmarsat 5 satellite

Lockheed Martin Selected For USAF Satellite Hosted Payload Initiative

OIL AND GAS
USAF cargo loaders getting support from DRS

Army eyes lighter weight combat vehicles

Lockheed touts performance of its enhanced bomb guidance kit

F-35B Successfully Completes Wet Runway And Crosswind Testing

OIL AND GAS
"Red tape" should not mar India-US defense cooperation: Hagel

Rheinmetall cuts targets after veto on Russian contract

In-service support sector for military platforms to grow

Lebanon army urges France to speed up weapons delivery

OIL AND GAS
Beijing hits out at US South China Sea proposal

Sea row overshadows talks between China, Southeast Asia

Fighter jet shot down over rebel-held east Ukraine: AFP

Russian troop buildup on Ukraine border fans fears of incursion

OIL AND GAS
A Crystal Wedding in the Nanocosmos

NIST shows ultrasonically propelled nanorods spin dizzyingly fast

Low cost technique improves properties of nanomaterials

Rice nanophotonics experts create powerful molecular sensor




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.