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Tuesday, July 1, 2014

Rice Energy Holds Celebration at Impressive Bigfoot Well

From the Associated Press:
On Thursday, Pennsylvania-based production company Rice Energy held a valve-turning ceremony at the Bigfoot 9H well in Richland Township, Belmont County. The celebration was in honor of Rice's gas production from Bigfoot 9H, its first Utica Shale well. The well is located along Ohio 149, east of Barkcamp Lake State Park. 
On hand for the symbolic turning of the valves were Belmont County Commissioners Matt Coffland and Ginny Favede, Rice Energy executives and employees, landowners involved with Rice's Smith-Goshen lease and other members of the community. Via Twitter, Commissioner Mark Thomas later addressed the company. 
"Congrats to RiceEnergy on the 'valve-turning' of its first Utica well in Bel. County. Thank you for allowing the Commission to participate," he wrote. 
In a press release, Chief Operating Officer Toby Rice had this to say: 
"This Bigfoot test is a significant step towards validating the production potential of the Utica Shale in central Belmont County, where we control more than 46,000 net acres. We are especially pleased to deliver these strong results to the landowners of Belmont County, who have believed in us from the beginning. Our 2014 Ohio program is off to a great start, and we look forward to continuing our methodical development of this world-class asset."
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