American Oil and Gas Reporter - July 2015 - 108
By Al Pickett
Special Correspondent
The first quarter announcement of Range
Resources Corporation's Claysville Sportsman's
Club Unit No. 11H well was a newsmaker both for
its initial production and for where it was drilled.
Range Resources' first Utica well in Washington
County, Pa., tested at a 24-hour rate of 59 million
cubic feet a day in late December, a number that
was reported as the largest initial production rate
of any shale play in the country.
Jeff Ventura, president and chief executive officer
of Fort Worth-based Range Resources, notes that
the Utica well is less than 14 miles from the
company's Renz No. 1, which was its Marcellus
discovery well in 2004 in the same county. The
Drake well, the nation's first oil well, drilled in 1859
in Titusville, Pa., is about 110 miles from the
Claysville Sportsman's Club No. 11H.
"We are right back where the industry started,"
Ventura marvels. "As they say, the best place to find
oil and gas is beneath an historical oil and gas field.
In fact, sitting next to that first Renz well is an old
wellhead drilled in the 1890s and still producing
some gas."
American Oil and Gas Reporter - July 2015
Table of Contents for the Digital Edition of American Oil and Gas Reporter - July 2015
Contents
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