American Oil and Gas Reporter - July 2016 - 53
Purple Hayes No. 1H
Ushers In Step Changes
In Lateral Length,
Well Cost
By Tim Beims
STATE COLLEGE, PA.-Eclipse Resources Corp. has sought to
continuously improve well economics since entering the Utica Shale
three years ago. A powerful lever in lowering the cost per foot of
stimulated Utica interval has been a gradual extension of horizontal
reach, with the company increasing lateral lengths in evolutionary
increments of tens to perhaps hundreds of feet from one well to the
next.
Looking to further enhance the cost structure of developing both the
dry gas and condensate-rich portions of its Utica leasehold in eastern
Ohio, Eclipse Resources is shifting to a new "superlateral" paradigm that
measures lateral extension in the revolutionary increments of miles rather
than feet.
Ben Hulburt, Eclipse Resources' co-founder, chairman and chief
executive officer, says the company's superlateral program is redefining
the standard for Utica horizontal drilling, as demonstrated in early May,
when the first such well-the Purple Hayes No. 1H in Guernsey County,
Oh.-began flowing natural gas and condensates from the longest lateral
ever drilled onshore in the United States.
JULY 2016 53
American Oil and Gas Reporter - July 2016
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Contents
American Oil and Gas Reporter - July 2016 - Cover1
American Oil and Gas Reporter - July 2016 - Cover2
American Oil and Gas Reporter - July 2016 - Contents
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