Gulfport Releases More Utica Shale Production Results

Gulfport Energy released production results on two of the company's Utica shale wells today.  The numbers are very solid, but don't match the pace of some of the top Utica wells.

From the company's press release:
Utica Shale
  • Gulfport's Ryser 1-25H tested at a peak rate of 1,488 barrels of condensate per day, 5.9 million cubic feet ("MMCF") per day of natural gas, and 649 barrels of natural gas liquids ("NGLs") per day assuming full ethane recovery and a natural gas shrink of 21%, or 2,914 barrels of oil equivalent ("BOE") per day.
  • Gulfport's Groh 1-12H tested at a peak rate of 1,186 barrels of condensate per day, 2.8 MMCF per day of natural gas, and 367 barrels of NGLs per day assuming full ethane recovery and a natural gas shrink of 18%, or 1,935 BOE per day.
For comparison, here are some of the numbers of Chesapeake wells (excerpt taken from the September issue of the Carroll County Energy News):
The Bailey well boasted daily production of 205 barrels of oil, 270 barrels of gas liquids, and 5.7 million cubic feet of natural gas - equivalent to 1,420 barrels of oil per day. The Snoddy well produced 320 barrels of oil, 250 barrels of gas liquids, and 4.2 million cubic feet of gas, for an oil equivalent of 1,260 barrels. Meanwhile, the Brown well was good for 8.7 million cubic feet of natural gas daily, with no liquid production. That is the equivalent of 1,445 barrels of oil.
And some of the top performers (taken from the November issue of the Carroll County Energy News):
The Buell well produced 9.5 million cubic feet of natural gas per day and 1,425 barrels per day of natural gas liquids and oil, or 3,010 barrels of oil equivalent per day, at its peak.
In August the Buell well was surpassed by Gulfport Energy’s Wagner well - also in Harrison County - which produced 17.1 million cubic feet (“MMCF”) of natural gas per day, 432 barrels of condensate per day and 1,881 barrels of natural gas liquids per day assuming full ethane recovery and a natural gas shrink of 18%, or 4,650 barrels of oil equivalent per a day.
Now a new Gulfport well has ascended to the top spot.  The Shugert well, located in the Egypt Valley area of Belmont County, has produced 20.0 million cubic feet per day of natural gas, 144 barrels of condensate per day, and 2,002 barrels of natural gas liquids per day assuming full ethane recovery and a natural gas shrink of 17%, or 4,913 barrels of oil equivalent ("BOE") per day.
So the Ryser and Groh wells fall between those two examples.  Encouraging early production, although more and more questions are being raised about how quickly the production will decline in the Utica shale.

Read the entire Gulfport press release here. 

Connect with us on Facebook and Twitter!

Popular posts from this blog

Fracktivist in Dimock Releases Carefully Edited Video, Refuses to Release the Rest

The Second Largest Oil and Gas Merger - Cabot and Cimarex

Josh Fox Takes Another Approach to Attacking Oil & Gas Industry: They Don't Care About Worker Safety