utica shale

WBFO file photo

A new report claims that the job impact of shale gas drilling is exaggerated by supporters. The analysis finds only one out-of-every 795 jobs was shale gas related in the six-state area it focused on.

The study by the Multi-State Shale Research Collaborative looked at the six states that span the Marcellus and Utica Shale, including New York, Ohio, Pennsylvania and West Virginia. The report finds that direct shale-related employment fell in the 12 months between the first quarter of 2012 and the first quarter of 2013.

USGS

The U.S. Geological Survey released its first reserves estimate for the Utica Shale last week.

The federal agency estimates that the Utica holds about 38 trillion cubic feet of recoverable gas and 940 million barrels of oil.

According to the USGS press release:

Helen Slottje / via Flickr

Since Chesapeake Energy announced last month that it saw great promise in test wells in Ohio, the public has become newly acquainted with the Utica Shale, the Marcellus Shale's northern sibling.

Monday the Syracuse Post-Standard reported that Norse Energy, which has substantial lease holdings in central New York, has applied for the first permit for a Utica Shale well.

The well, in Chenango County half an hour's drive from Syracuse, is on hold pending the state's regulatory review.