The Utica Shale is organic-rich calcareous black shale that was deposited about 440 to 460 million years ago during the Late Ordovician. It overlies the Trenton Limestone and is located a few thousand feet below the Marcellus shale and is overall thicker than it’s shale counterpart. Utica Shale is more geographically extensive and has already proven its ability to yield commercial quantities of natural gas, natural gas liquids and crude oil. A majority of Utica development is currently taking place in eastern Ohio due to its wet gas prospects.
Utica Shale Development added over 38,000 jobs to Ohioans in 2012 alone. Job projections suggest that by 2020 another 100,000 jobs will be added in Ohio. It’s clear that Ohio’s sweet spot over the Utica Shale has proved to be beneficial to the state as a whole.