Thursday, September 4, 2014

Shell hits two big wells in the Utica in PA


Shell announced it made natural gas discoveries at two wells in the Utica shale reserve area in Pennsylvania. Last year, we refocused our resources plays strategy to select fewer plays with specific scale and economic characteristics to best suit our portfolio, Marvin Odum, Shell s upstream America director, said in a statement. The Appalachian basin is one of those areas, and these two high-pressure wells both exhibit exceptional reservoir quality. Shell said it made the discoveries in its Neal and Gee wells in the Utica shale. The company said the discoveries extend the sweet spot of Utica shale beyond southeast Ohio and western Pennsylvania into an area where it holds 430,000 acres. Gee had an initial flow rate of 11.2 million cubic feet of gas per day and Neal has already yielded 26.5 million cubic feet of gas per day, the company said. In August, the Energy Information Administration, the statistical arm of the Energy Department, said total production from Utica shale should incr
http://www.shaledirectories.com/blog/shell-hits-two-big-wells-utica-pa/

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