Developing the Utica Shale: Economic Prospects from Technical Obstacles & Outlets for Investment
The inaugural Utica Shale Development & Growth Forum explored economic opportunities and technical challenges involved in the development of the Utica shale play – this time around, due to popular demand, we are setting the stage to examine the future of the Utica – beyond exploration.
As important as geological and exploration considerations are – they don’t paint the entire picture. Other technical and business considerations are just as important as recognizing where and when to drill. Without long-term investments in infrastructure & land such as a recent joint-venture by Chesapeake and Total, efficient water & waste management strategies, public outreach & engagement, midstream considerations, and ensuring that the tough lessons have been learned from previous shale plays; Utica’s development stands to be short-lived.
This is THE opportunity that many in the energy industry have been impatiently awaiting; the opportunity to develop an abundant domestic resource that stands to benefit industry, commerce, and residential communities across the country and indeed, around the world.
Action Points:
- Exploring the topic subjects of interest with an active and engaged community – focused on the long-term and sustainable development of the Utica
- Examining key challenges and issues such as infrastructure investment, efficient water & waste management strategies, public outreach & engagement, midstream considerations, and ensuring that the tough lessons of previous plays have been learned
- Delving into the opportunities available in order to develop an abundant, domestic resource that stands to benefit industry, commerce, and residential communities across the country and around the world