Shale Directories LLC and the Canton Ohio Regional Chamber of Commerce presented the Utica Upstream Seminar on Wednesday, April 6th at the Pro Football Hall of Fame in Canton, Ohio. The seminar was very informative and received very favorable comments from the attendees. The seminar featured speakers that were experts in the field as well as representatives from drillers in the Utica. Some of the highlights of the seminar are: Maria Cortez, Upstream Analyst, Wood Mackenzie Breakeven for the Marcellus drillers is $2 Breakeven for the Utica drillers is $3. When the price of oil is in the $50-$60 range, it will help Utica NGLs The REX (Rockies Express Pipeline) and Rover may not have enough production capacity. The Nexus Pipeline may be delayed. Marcellus has 15 rigs drilling in the wet gas area and 8 rigs in the dry gas area. In the Utica, there are 3 rigs in the wet gas area and 7 rigs in the dry area. Callum Streeter, Chief Operating Officer, EdgeMarc EdgeMarc is operating 1 rig and
http://www.shaledirectories.com/blog/utica-upstream-seminar-provides-insights-shale-play/
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