EOG has been drilling in the Utica shale for months now, and it just reported that the play can “compete with the best plays in America.”. Oil production in the Utica has been on the rise in 2023.

In only two years, the production of natural gas in the Utica Shale region has increased from about 200,000,000 cubic feet per day in September 2012 to 1.34 billion cubic feet per day this month ...

EOG Resources said on Friday it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including debt, to bolster its Utica shale position.

EV Energy (EVEP-OLD +4.9%) jumps on production results for its Utica Shale wells. The Cairns 5H well flow tested at a 24-hour rate of 1,690 boe/day, while the Frank 2H well produced into sales at ...

SALEM — There were three new horizontal drilling permits issued in the Utica/Point Pleasant shale play for the week ending Jan. 9, placing the total number of permits issued at 2,117, according to the ...

EOG to Boost Footprint in Gas-Rich Utica. To bolster its position in the natural gas-rich Utica shale play, EOG Resources has agreed to acquire U.S. oil and gas firm Encino Acquisition Partners ...

Shares of Gulfport Energy were in free fall last spring, dropping 55 percent in four months, until the oil and gas producer announced it had drilled its first three wells in the Utica shale ...

EOG Resources (NYSE:EOG) is one of the premier oil producers in the United States.Today, the company trades with a market cap of $68 billion and a price per share of about $116.05. My last article ...

It also adds 330,000 net acres in the natural gas window, with production exposed to premium markets. EOG's working interest in the northern acreage, where it has seen excellent well results, will ...

The company is completing it amidst internal debate on whether the project will bear financial fruit. The Marcellus Shale remains Rice Energy Inc.'s workhorse, but the Utica Shale is a growth area ...

Gulfport Energy Corp. plans to deliver 2024 production in line with 2023 levels with a focus on more liquids-rich development in both its Utica shale and South Central Oklahoma Oil Province (SCOOP ...

Reuters. The logo of U.S. oil and gas company EOG Resources is seen in its office in Chongqing, China December 15, 2017. Picture taken December 15, 2017.