The Utica Shale continues to provide very positive results as more companies drill in more areas.  For the last year or so, Chesapeake was the only major player drilling in the Utica.  Now more companies are drilling and the hitting some very product wells.

Here’s a report from Gulfport Energy:
Gulfport Energy Corp. has struck gold once again with its second shale gas well on the Shugert property in Belmont County.

The company, based in Oklahoma City, announced Tuesday that its Shugert 1-12H well tested at an average of 28.5 million cubic feet of natural gas, 300 barrels of oil, and 2,907 barrels of natural gas liquids per day. When combined, the peak production rate amounts to 7,482 barrels of oil equivalent per day, by far the best performing well in the Utica shale and all of Ohio.

Joseph F. Barone
President,
ShaleDirectories.com
610.764.1232

www.shaledirectories.com