Chesapeake Releases Ohio Utica Production Numbers

Just released this morning. Good news for all in the wet zone of the Play.

http://www.chk.com/News/Articles/Pages/1610725.aspx

 

  • The Buell 10-11-5 8H in Harrison County, Ohio was drilled to a lateral length of 6,418 feet and achieved a peak rate of 9.5 million cubic feet (mmcf) per day of natural gas and 1,425 barrels (bbls) per day of natural gas liquids and oil (liquids), or 3,010 barrels of oil equivalent (boe) per day;
  • The Mangun 22-15-5 8H in Carroll County, Ohio was drilled to a lateral length of 6,231 feet and achieved a peak rate of 3.1 mmcf per day of natural gas and 1,015 bbls per day of liquids, or 1,530 boe per day;
  • The Neider 10-14-5 3H in Carroll County, Ohio was drilled to a lateral length of 4,152 feet and achieved a peak rate of 3.8 mmcf per day of natural gas and 980 bbls per day of liquids, or 1,615 boe per day; and
  • The Thompson 3H in Beaver County, Pennsylvania was drilled to a lateral length of 4,322 feet and achieved a peak rate of 6.4 mmcf per day of dry natural gas.

 

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Replies to This Discussion

Permalink Reply by william on September 28, 2011 at 4:16am
Drill baby drill!!! I just hope the politicians don't screw this one up.
Permalink Reply by DrillBABY on September 28, 2011 at 6:43am
Those are some huge numbers, things are going to explode now.
Permalink Reply by Philip Brutz on September 28, 2011 at 7:04am
How do these numbers translate into landowner royalties for those of us in the wet zone?
Permalink Reply by Paul Martinelli on September 28, 2011 at 8:28am

Lots of $$$$$$$

That's $270K a day gross at $90 a barrel

in a 640 acre unit that you have 50 acres in at 15%....that be   $3164 a day

Permalink Reply by DrillBABY on September 28, 2011 at 9:18am

OR... 100 acres in a 640 acre unit at 18% gross royality = $7593/day in royalites to the landowner on a well that is doing $270,000/day in production. I drill/complete big Marcellus wells everyday but these Utica numbers dwarf 95% of the Marcellus wells out there.

Permalink Reply by william on September 28, 2011 at 9:37am
Hang onto your seats folks! The fun is just starting!
Permalink Reply by Paul Martinelli on September 28, 2011 at 9:59am
for grins....given this great production news...how would this change your terms on a lease you are currently negociating. Assuming the acreage is in same area.
Permalink Reply by mark moll on September 29, 2011 at 1:45am
these are peak rate #'s.........what they reported to the state as production rate #'s are significantly lower........but still impressive.
Permalink Reply by Brett R Oxley on September 29, 2011 at 1:12am
Is there a map out there showing what the "wet zone" is located. My well was not mentioned. the Geatchens well in NW Mahoning County. They have removed most of the yellow fracking trailers from the site recently. 
Permalink Reply by Jack on September 29, 2011 at 1:19am
I don't think that well is in production yet.
Permalink Reply by william on September 29, 2011 at 2:44am
Does anyone know what the zones look like in Medina or Lorain county?
Permalink Reply by Philip Brutz on September 29, 2011 at 3:24am

From this map it looks like you are in the wet zone.  Are part of the drilling unit?  If you are could post the hard numbers when you get them?

http://www.theinfomine.com/2011/08/27/utica-shale-a-major-oil-disco...

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