You'll already know about the Neal/Gee, just passing along some pr from Shell, yday, NYC analyst day:

This slide shows the three main areas where we are appraising high potential plays. These
three - West Canada, Permian LRS and Appalachia dry gas - could all become growth
hubs in the future. Let me highlight the recent well results in the Appalachia Utica, where
we have seen initial, single-well production rates as high as 26 million cubic feet per day
of gas, in a play where we should have over 400,000 net acres - once we’ve completed
our asset swap with Ultra Petroleum.

~Marvin Odum

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Good catch - you don't get to see maps of Shell's acreage position very often.

Thank you Jack.  I just saw that under the map they label it as 11-26mmscf, Jack, any idea what the 's' stands for, or just a typo?

Jose, great questions.  Seneca has popped one known Utica well in McKean county, along the Elk border, a year ago.  IP for the first month was approx 8.5mmcf per day (fact checkers, please feel free to tighten that number up, as it is purely from memory).  If anyone has more recent maps of the Utica, I would be interested in the shale not only Tioga, but also across Potter & McKean counties as well.

Lastly, is there many tracts of unleased tracts up in ne potter, or is that area pretty well tied up in leases at this point?

I think that "s" means standard - you occasionally see the term written that way. Production from Seneca's Utica well fell off quickly, by the way, and only averaged 2.5 mmcf for the first 90 days. So I don't think the sweet spot runs that far!

Replying to Josie, there is no truly useful map of the Utica between Shell's discoveries in Tioga County and the Seneca well on the McKean/Elk County border, mainly because there has only been one other Utica well drilled between those two points in the history of the industry. (It was a poorly-documented test done some years ago in one of the storage fields in southern Potter.) So any map that claims to shows what lies in between is 99% guesswork and 1% fact.

Regarding leasing in northern Potter County, the Harrison Gas Storage Field sits up in that corner, so nobody will be leasing there. Like the Sabinsville Field in northwestern Tioga County, it's got a great location but is controlled by the storage operator so not really available for drilling at this point. Potter does have some leasing going on these days, although there's only one company that isn't working in a fairly tight area and nobody has offered big money (yet).

Right now, all we know for sure is that the Neal well looks like a money-maker. But that's a lot better than where we were a year ago!

Fact Checked for Tim.

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