Utica level

Has anyone in the Washington County region seen any deeper drilling into the Utica shale.  Currently receiving $15 a month per acre from the Marcellus level.  Does anyone have any idea how long this will continue before deeper drilling.

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Permalink Reply by Tim Tarr on October 19, 2015 at 4:59am
RRC should have IP on second well soon. Third well should start drilling soon too. At current pricing I expect RRC and others to slash cap. ex. budgets. Few if any Gas producers are making money. Mostly just producing to fulfill contracts.

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