Gulfport Energy 3Q14: 31 Utica Wells Drilled, 19 Brought Online

Gulfport Energy, a major Utica Shale exploration & production company, reported their third quarter 2014 operational and financial results yesterday. The compan reports spudding/drilling 31 Utica Shale wells in 3Q14, bringing 19 new wells online for production during the quarter. Right now they operate 8 horizontal drilling rigs in the Ohio Utica Shale. By the end of the year Gulfport will have spent upward of $750 million (or more) on their Utica drilling program for 2014. Here’s more…

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