EOG Resources Eyes Expansion in Ohio's Utica Shale Activity
EOG Resources(EOG) ZACKS·2024-09-05 21:31
EOG Resources, Inc. (EOG) , a leading Houston, TX-based shale producer, is set to significantly expand its activities in the Utica shale play in Ohio, per a Reuters report. Speaking at the Barclays CEO Energy-Power Conference in New York, chief operating officer Jeff Leitzell announced that the company has doubled its activity in Utica over the past year, marking a significant growth in its presence in the region. EOG Resources now operates on 445,000 acres, with an average entry cost of approximately $600 ...