Utica Shale (EQT Corporation) OH is a producing unconventional gas field located onshore the US and is operated by EQT.
Field participation details
The field is owned by EQT.
Production from Utica Shale (EQT Corporation) OH
The Utica Shale (EQT Corporation) OH unconventional gas field recovered 24.72% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 2.11 thousand bpd of crude oil and condensate, 539 Mmcfd of natural gas and 28.96 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045.
Remaining recoverable reserves
The field is expected to recover 475.79 Mmboe, comprised of 4 Mmbbl of crude oil & condensate, 2,195.4 bcf of natural gas reserves and 105.89 Mmbbl of natural gas liquid reserves. Utica Shale (EQT Corporation) OH unconventional gas field reserves accounts 0.41% of total remaining reserves of producing unconventional gas fields globally.
About EQT
EQT Corp (EQT) is an independent upstream oil and gas production company. It operates production fields in Marcellus, Upper Devonian, Ohio Utica and other plays in the Appalachian Basin. The company produces and markets natural gas, natural gas liquids (NGL), ethane and crude oil. The company markets natural gas to marketers, utilities and industrial customers in the Appalachian Basin. Its indirect wholly owned marketing subsidiary, EQT Energy, provides commercial and asset management services. The company contracts with MarkWest Energy Partners LP to process natural gas and extract the heavier hydrocarbon stream. The company has operations in Pennsylvania, West Virginia, and Ohio in the US. EQT headquartered in Pittsburgh, Pennsylvania, the US.
Methodology
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.