Oil & Gas Production from Utica Shale Falls Short of Expectations

SUGAR LAND--June 6, 2013--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Some in the Oil & Gas Industry were unpleasantly surprised when the Ohio Department of Natural Resources (DNR) (Columbus, Ohio) recently released full-year 2012 production data for the Utica Shale. But others, noting the nascent infrastructure there, were not surprised with the Utica's low level of crude oil, natural gas and natural gas liquids (NGL) production.

Other companies featured: Devon Energy Corporation (NYSE:DVN), MarkWest Energy Partners LP (NYSE:MWE)