Exploration & Production | Capital Markets | Private Equity Activity
EV Energy Parnters and EnerVest Announce Big Utica Well
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EV Energy Partners, L.P., and EnerVest, Ltd., today announced initial production results for a second well in the Utica Shale and provided an update on the Frank 2H well.
The Cairns 5H well, located in Carroll County, Ohio, near the border with Tuscarawas County, flow tested at a 24-hour rate of 1,690 barrels of oil equivalent per day. The production mix was 729 barrels of 52-degree API condensate per day, 2.2 MMCF of natural gas per day and 587 barrels of natural gas liquids per day. This assumes processing of the wet gas flow stream with corresponding natural gas shrink and natural gas liquids yields. The well was drilled to a total measured depth of 12,693 feet with the horizontal section measuring 5,384 feet and completed with 19 stages. EVEP owns an approximate 43 percent working…
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