I see Gulfport released a new investor presentation on Dec. 4th found the summary of Utica wells quite interesting. The Groh 1-12H impresses me with its 61% oil, 20% gas, and 41% NGL's this is on a stated 1,935 boe per day production. This is a lot more oil than some of the other wells listed which go from 3% oil and up. What do you think? Believe BOE per day is based on BTU's of energy and oil and ngl's are both much more valuable than gas. Oil is I think 2 to 2 1/2 times the price of ngls. Would appreciate any other Guernsey County info you care to share. THANKS!
Tags:
Should be 19% ngl's sorry for this mistake!
© 2024 Created by Keith Mauck (Site Publisher). Powered by
h2 | h2 | h2 |
---|---|---|
AboutWhat makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen. [ Read More ] |
Links |
Copyright © 2017 GoMarcellusShale.com