Huntley & Huntley CEO: Deep Utica Rivals the Best Marcellus Wells
Earlier this month, MDN told you that the “deep Utica” was a hot topic at the recent Hart Energy DUG Appalachia Conference held in Pittsburgh in late August (see Deep Utica Wells Outperforming Marcellus Wells on ROR, Production). Several speakers at the event talked up the deep Utica, saying Pennsylvania’s deep Utica wells are “smoking” the overlying Marcellus’ rates of returns and production per well. We have a deeper dive on the deep Utica to share… Read More “Huntley & Huntley CEO: Deep Utica Rivals the Best Marcellus Wells”
Some interesting comments about the “deep” Utica Shale in Pennsylvania were made during last week’s Hart Energy DUG Appalachia event, held in Pittsburgh. Including this one, from Mike Hillebrand, CEO of Huntley & Huntley: “The deep Utica, watch out folks. The deep Utica will probably be the next up-and-coming deep shale play here in Pennsylvania.” Hillebrand also broke some big news by announcing Huntley & Huntley, which recently completed the sale of its Olympus Energy subsidiary to EQT for $1.8 billion, is working on its next startup, which will focus on “deep Utica and Tier II Marcellus.”