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Crosstex Energy, L.P. Message Board

  • moneyonomics moneyonomics Jan 20, 2013 12:06 AM Flag

    Ohio Utica "oil" results-North of XTEX system-not promising to date


    Fortunately XTEX oil system is Southeast of these plugged wells but looks like expansion to the north may not happen

    Ohio Utica Shale

    Devon Energy plugs third disappointing Ohio well

    By Bob DowningPublished: January 18, 2013

    Devon Energy Corp. has plugged a third diappointing well in Ohio's Utica shale.

    The company's well at Utica in Knox County has been abandoned, the Oklahoma-based energy company told the Mt. Vernon News.

    Earlier the company had plugged wells in Medina and Ashland counties for poor results.

    It had staked out claims in the western part of Ohio Utica's shale that had been projected for significant oil reserves, but the results have been disappointing, Devon Energy said.

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