Halcon suspends area drilling operations

BOARDMAN, Ohio (WKBN) — Texas-based Halcon Resources may be giving up on the Utica shale, as it said it is suspending drilling in the region indefinitely. A statement released late Tuesday afternoon says future drilling will be dictated by results from two active wells in the region.

In an emailed statement, the company said “We don’t have plans to move a rig into the region at this moment. Our way forward in the play will be dictated by results from the two wells currently flowing back or resting. In 2014 we’re focusing our resources on drilling wells in the sweet spots of our de-risked acreage in the Williston Basin and El Halcón. We will also begin drilling wells on our newly acquired acreage in the TMS.”

Halcon currently has one producing well in Mahoning County, in Jackson Township, with two additional permits in the township. They also have three producing wells in Trumbull County, one each in Vienna, Lordstown and Hartford Township, as well as two drilled wells, one each in Lordstown and Warren Township, and three permits, according to the Ohio Department of Natural Resources.

Halcon does not have drilling operations in Columbiana County, nor does it have drilling interests in nearby Lawrence County in Pennsylvania, records show.

In Mercer County, Halcon holds 19 permits and has drilled at least three wells in that county, according to the Pennsylvania Department of Environmental Protection.

In July, Halcon Field Services, a subsidiary of Halcon Resources, announced plans to build a $70 million oil storage and rail-loading terminal at the Ohio Commerce Center in Lordstown.

Halcon said at the time they planned to use the new facility to ship oil they’re producing through the Utica shale play to markets outside the production area. The company said the project will create nearly 100 jobs.

It is unclear how that project may be affected.

 

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