Monday, January 28, 2013

Belmont County Well Capable of Producing Over $100,000 a Day in Revenue

From The Intelligencer/Wheeling News-Register:
BARNESVILLE - The positives keep coming for Gulfport Energy's Utica Shale operations, as the Stutzman well in southwestern Belmont County could be producing about $100,000 worth of revenue per day.
"Add in the 945 barrels of natural gas liquids at $50 per barrel, and you are talking about something well above $100,000 per day in revenue," said Tim Carr, the Marshall Miller Professor of Energy at West Virginia University.
Read the whole story here. 

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