The Newark Advocate has an interesting report on the investments the E&P industry has made - and plans on making - in the Utica: "Billions of dollars will pour into Ohio’s Utica Shale this year. How much of that eventually will be recovered from the shale in the form of lucrative hydrocarbons remains a mystery, one that might not be solved this year. *** More than $1.2 billion so far has been budgeted for drilling costs in Ohio this year, according to forecasts by several of the companies that have received permits to drill here."
Read the whole thing.