Utica Exclusives

E&P, oil, gas, capex, debt, outspend, dcf, WTI forecast

Investors are concerned that producers will be unable to keep savings they say are tied to efficiency improvements as service companies begin to assert themselves after two years of discounts.

Takeaway, natural gas, shale, Marcellus, Utica, pipeline, midstream, DUG East, conference, Hart Energy, Michael Huwar, Columbia Midstream Group, Pittsburgh, Appalachia Basin, greenfield, construction, projects, Ohio, West Virginia, Pennsylvania, Shell, cr

The Marcellus and Utica shale plays have vast amounts of natural gas available, so how can midstream companies create the necessary takeaway capacity?

exploration, production, oil, gas, slash, capex, budgets, Cowen Co, spending survey, analysis, North America, Marc Bianchi, Charles Robertson, onshore, offshore, West Texas Intermediate

E&Ps have nearly doubled spending reductions, from 22% in January for U.S. spending to 43% at midyear.

Utica Service Companies

Utica Gross Acreage

CompanyTotal Acreage
Chesapeake Energy1,000,000
CONSOL Energy614,000
Gulfport Energy243,000
All Top Acreage Holders