EnerVest pleased with drilling results from Clinton sandstone in Ohio

Texas-based EnerVest Operating LLC said it is pleased with the initial results from drilling horizontal wells for oil in the Clinton sandstone formation in eastern Ohio’s Stark, Carroll and Tuscarawas counties, reports the Akron Beacon Journal. Citing comments by EnerVest Senior Vice President Barry Lay, the newspaper says the wells, with 2,000-foot laterals, each cost about $1.8 million to drill and could produce an estimated $7 million to $10 million in revenue. Some see Clinton sandstone as a new source of income for Ohio landowners and drillers, including smaller companies unable to fund more expensive Utica shale drilling, according to the Beacon Journal.

Ohio