Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), emerged from bankruptcy in May 2021 with a new board and top management. In January of this year, the company appointed a new CEO, John Reinhart, the former President and CEO of M-U driller Montage Resources Corporation before that company was gobbled up by Southwestern Energy (see Marcellus Veteran John Reinhart Joins Gulfport Energy as CEO). The company recently issued its second quarter update. The news coming from that update that caught our eye was that Gulfport is beginning to drill wells in Ohio’s Marcellus layer in addition to the Utica (see Gulfport Drilling Marcellus (Not Utica) Wells in Belmont Co., OH). However, Enverus (formerly Drillinginfo), one of the most trusted, energy-dedicated SaaS platforms, noticed another newsworthy item coming from Gulfport’s update: three of Gulfport’s Utica wells in Monroe County are 4-mile wells, and they are producing more than 2.5 billion cubic feet equivalent (Bcfe) per 1,000 feet per day–significantly higher than the company’s average of 1.5 Bcfe/d.
Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), emerged from bankruptcy in May 2021 with a new board and top management. In January of this year, the company appointed a new CEO, John Reinhart, the former President and CEO of M-U driller Montage Resources Corporation before that company was gobbled up by Southwestern Energy (see 