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You Took a Condensate Shipped to Sea? – Prospects for Ohio Crude Exports

The condensate potential of the Utica shale play in northeast Ohio continues to be talked up by producers drilling for oil there. Natural gas output in the Utica is doing pretty well on its own of course – part of the Appalachian Tsunami of production that includes the Marcellus play. Condensate in the Utica is still considerably less exciting with production topping out at 25 Mb/d in 2013 but fifty percent higher now (37 Mb/d in August 2014 according to the Energy Information Administration - EIA) as more processing infrastructure releases production from completed wells. Today we ponder prospects for shipping Utica production overseas.