Gastar Exploration is out today with an operations update for their Utica drilling program. The company reports initial production on their first-ever Utica Shale well, drilled in Marshall County, WV, is flowing at a rate of 29.4 million cubic feet of gas per day. Those numbers easily put Gastar’s first Utica well among some of the top performers. According to Gastar CEO Russell Porter, they plan to drill “one or two” more Utica wells later this year/early 2015, get the results, ans then make a decision on how aggressively they’ll roll out their full Utica drilling program. Here’s the details on Gastar’s first Utica well…
