- Tight Gas & Oil
- Gas Hydrates
The purchased acreage, which is entirely undeveloped, represents a natural bolt-on to Gulfport's existing position in the shale play and translates to $12,700 per acre.
Chesapeake settles with affiliate, but will pursue case that accuses its former CEO of misappropriating “highly sensitive trade secrets from the company” about the Utica Shale and other areas.
Even though regional oil and gas volumes are expected to rise in 2015, continuing low oil and gas prices are causing a number of companies to either stop drilling or to scale back Utica Shale operations.