Rice Energy announces Utica Shale well results
Rice Energy Inc. reported Monday that it has successfully tested its first Utica Shale well in central Belmont County, Ohio.
The Southpointe-based company said it hopes to start production by early July at the Bigfoot 9H well.
Chief operating officer Toby Rice called this “a significant step toward validating the production potential of the Utica Shale in central Belmont County, where we control more than 46,000 net acres,” Chief operating officer Toby Rice said in a statement. “We are especially pleased to deliver these strong results to the landowners of Belmont County, who have believed in us from the beginning. Our 2014 Ohio program is off to a great start, and we look forward to continuing our methodical development of this world-class asset.”