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. 

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

Is a Strong Oil Demand Expected This Year?