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Reuters: Dozens of wells drilled this year across rural Ohio are quietly pumping out the answer to the U.S. energy industry's most loaded question: Is the Utica shale formation, touted as a potentially $500 billion frontier, a boom or a bust?
Yet the answer is likely to remain concealed for some time.
More than a year after Chesapeake Energy Corp Chief Executive and top Ohio driller Aubrey McClendon declared the Utica to be "the biggest thing to hit Ohio since the plow," investors, landowners and even......
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Is Ohio’s secret energy boom going bust?
Posted by Reuters: Edward McAllister and Selam Gebrekidan on October 22nd, 2012
Posted in Water Conservation