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Thursday, November 9, 2017

Chesapeake Energy Trying Some New Techniques in Utica Shale

From The Independent:
Chesapeake Energy has used new well-completion techniques to coax more production from its Utica Shale holdings. 
Oklahoma City-based Chesapeake has drilled 735 Utica wells in Ohio, the most of any company. 
In July, the company’s eight-well Ellie pad in Carroll County’s Orange Township began producing at an initial rate of 1,100 barrels of oil equivalent per well per day. Sixty-five percent of the production came from liquids, the company reported Thursday before a conference call with investors to discuss third-quarter results. 
In the dry-gas part of the Utica, the three-well Schiappa Trust A pad in Jefferson County had an initial production rate of 20 million cubic feet of gas per well per day. 
The company said new completion techniques improved 120-day Utica well results by 25 percent, and it planned to continue testing new completions designs in the Utica and Marcellus shales.
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