Exploration & Production
Rex Energy Provides Utica Production From First Well
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Rex Energy Corporation announced initial production results from its first Ohio Utica Shale well and provided an update on its operations.
The Brace #1H, located in Carroll County, Ohio, was brought online to sales from its 60-day resting period at a 24-hour sales rate, assuming full ethane recovery, of 1,094 barrels of oil equivalent per day (boepd) (43 percent NGLs, 31 percent gas, 26 percent condensate). The well went on to average a 5-day sales rate, assuming full ethane recovery, of 1,008 boepd (43 percent NGLs, 30 percent gas, 27 percent condensate). The well produced with an average casing pressure of 1,502 psi during the initial 24-hour sales period and 1,533 psi during the average 5-day sales period on a 24/64 inch choke. The well was drilled to a total measured depth of 12,332…
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