The Utica Shale made its first ever appearance on the Energy Information Administration’s (EIA) Drilling Productivity Report on August 12, 2014. The Report first debuted on October 22, 2013, and detailed various elements of six major plays, including production rates, rig counts and decline rates on legacy wells. The Utica is the first play to be added to the list,
Gennady Timchenko, Russian billionaire and holder of 23% of the stake in Rosneft and Novatek, and Igor Sechin, chief executive of the Kremlin-controlled oil group Rosneft, seem confident that their companies will survive and prosper despite financing sanctions imposed by the United States in July. According to the Financial Times, “Novatek, Russia’s largest independent gas producer, is sitting pretty. It
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