This morning Magnum Hunter issued an operational update for wells recently drilled in both the Marcellus and Utica Shale–in Ohio and West Virginia. In addition to production stats for the new wells (see below), MH reports they continue to snap up acreage in both the Marcellus and Utica. They now own 89,000 acres in the Marcellus and 105,000 acres in the Utica. Some of that acreage overlaps and they plan to drill both Marcellus and Utica wells on the same pad in some cases.
Here’s the update, including well results from wells drilled in Monroe and Washington counties in OH, and Tyler County in WV: