Rss

Archives for : April2015

Oil Drilling in the Utica Shales Yields High Quantities

The Utica Shale, is an oil and gas field which is seated in the Appalachian Basin. It has been getting much attention lately because it has been yielding large amounts of natural gas, natural liquids, and crude oil. The Appalachian Basin is covers New York, Pennsylvania, Ohio, and Quebec in Montreal. Right below is the Marcellus Shale which should not be confused. The name is derived from the city of Utica, New York.

Cunningham Oilfield services is a division of Cunningham Energy formed in 2008 run by Ryan E. Cunningham which drills in the Utica Shale. Services and equipment that Cunningham Oilfield provides would be the basic necessities ranging from drilling rigs, work-over units, rouster pickup trucks, vacuum water trucks, pipeline, dozers and many more. Cunningham Oilfield services are currently working on a partnership program which will develop into investment opportunities as the drilling progresses. They are currently located in Charleston, West Virginia.

The Utica Shale is composed of rich, organic, and calcareous shale which is recognized as quality shale. The rich organics give the shale a dark grey, fade to black color. When determining the quality of the shale, thickness plays lesser or equal role than the actual organic capacity. The amount of organics in the shale vary vertically throughout the rock. The thickness of the shale ranges from 100 feet to over 500 feet, thickest being on the eastern area thinning to the northwest.

Geologists have considered the shale to be an oil and natural gas source rock. Most of these are produced from reservoirs in overlaying rock units. There is still plenty of oil and gas still trapped in the shale. This is also a major source of tight gas in Quebec and slowly making it’s way in Ohio. The field ranges around 2,000 feet below sea level in the North and Western parts and goes up to 14,000 feet around the areas of Pennsylvania.

Future development of the Utica Shale will be focused on parts of Lake Erie and parts of Lake Ontario most likely to contain natural gas.

Other producers which play major roles in the Utica Shale are Exxon, Chevron, Chesapeake, Forest Oil, and Rex Energy. The potential yield for drilling in the Utica Shale would be around 1.3 to 5.5 billion barrels of oil and 3.8 to 15.7 TcF of Natural Gas.

The West at Its Best

There is no time for despair. There is no time to cower in the shelter of the familiar. Oh no! According to Than Merrill CEO of FortuneBuilders, there are much better choices to be made — and just outside and around San Diego at that! So you think that it’s all too expensive and you could never afford to move where the sun is always shining and the balmy breezes beckon you? Well think again. Have you ever heard of Vista, or Pauma Valley? Ramona or Valley Center, perhaps? Let me tell you about these amazing little towns around San Diego that are calling your name.

Vista is located in northwestern San Diego County and boasts a moderate size. For all you mechanically minded, machine driven people, you’ll find the famous Antique Gas and Steam Museum that entered existence in 1965 and contains functioning farm equipment. For those with a green thumb, you’ll find the Alta Vista Gardens — bringing together people, art and nature. History buffs will also enjoy wandering through the Rancho Guajome Adobe, and 1850’s adobe hacienda.

If that community doesn’t appeal to you, however, drive over to Pauma Valley, an independently minded town nestled near the Palomar Mountain and the town of Valley Center. Are you a golfer? Look no further than the Pauma Valley Country Club, boasting the famous Robert Trent Jones, Sr Gold Course. This course was rated among the top ten in California by Golf Digest and has even hosted the US Open Qualifier.

Skip over to the town of Valley Center, and you will find some more affordable living space. One humorous detail is that this town was originally named “Bear Valley” after a huge Grizzly bear ambled into town in 1866. Never fear, however; the bear is no longer around, the name of the town was changed to “Valley Center” and you will now find that small town, cozy feeling among the little shops still located there. If you would rather peruse the large chain department stores, Escondido or Temecula are right around the corner. Valley Center focuses mostly on agriculture and farming.

Finally, you can explore the town of Ramona for affordable housing as well. Founded in 1886 by Milton Santee, it is located 36 miles from San Diego and originally named “Nuevo.” If you relish the Old West, you will be right at home here! Alive with history revolving around Kit Carson, Confederate soldier, and cowboys and miners, you have plenty to keep you busy with rodeos, wine tasting, hiking, barn dances and art shows.
Don’t wait a moment longer if you are looking to settle in affordable communities near San Diego. You have your pick from these wonderful towns and more.