Devon Energy Looks to Sell Disappointing Wayne and Guernsey County Wells
|Devon Energy to rid itself of|
disappointing Utica shale wells
Wayne County’s lone Utica Shale well is up for sale.
Oklahoma-based Devon Energy Co. intends to sell the horizontal well near Apple Creek in East Union Township, company spokeswoman Jillian Mershon said in a note to the Ohio Department of Natural Resources last month.
She said the company also intends to sell a well in Guernsey County.
Devon “believes these [two] wells have future utility,” Mershon wrote in early January. The company is “in the process of selling these wells and believes these wells may have future production value.”
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