Magnum Hunter’s Prolific (& Dry) Utica Well in Monroe County, OH

Last week Magnum Hunter released an announcement (below) about their first Utica Shale well, drilled in Monroe County, OH. The company reports it's an almost totally "dry" shale well--producing 97% methane (almost no natural gas liquids). But oh baby, is it ever productive! MH's Stalder #3UH, which sits on a well pad that may at some point support up to an eye-popping 18 wells, had an initial production (IP) of 32 million cubic feet of natural gas per day (Mmcf/d). That's not the highest rate we've seen (that honor still goes to Antero Resources' Yontz well in Belmont County). However, 32 Mmcf/d puts the Stalder #3UH well in an elite group of the top 2-3 best-producing wells in the Ohio Utica--so a big congratulations to Magnum Hunter! Here's last week's announcement from MH:

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