Ultra taps gas, condensate in Wyoming, Pennsylvania

Ultra Petroleum Corp., Houston, said it produced 56.6 bcf of natural gas and 299,100 bbl of condensate in Wyoming and Pennsylvania in the quarter ended June 30.

Net production from Wyoming averaged 456 MMcfd of gas equivalent in the quarter, during which Ultra and its partners placed on production 36 gross wells with initial production that averaged 7.2 MMcfed.

Ultra averaged a record 9.6 days from spud to total depth in the quarter with 60% of all operated wells being drilled in less than 10 days. The average for all wells was 12.2 days.

Ultra initiated production from 7 gross wells in Pennsylvanian, where initial producing rates in its Marcellus program averaged 6.4 MMcfed for the new wells placed online during the quarter. Second quarter Pennsylvania net production averaged 186 MMcfed.

The company has 900 sq miles of 3D seismic across two thirds of its 260,000 net acres and is acquiring a further 35 sq miles over its operated acreage position. Ultra expects the additional 3D will further delineate Marcellus sweet spots and expand understanding of the Geneseo formation.

Related Articles

BHI: US drilling rig count holds steady at 1,931


The US drilling rig count was unchanged at 1,931 rigs working during the week ended Sept. 19, Baker Hughes Inc. reported.

Cenovus starts production from Phase F at Foster Creek oil sands project

09/19/2014 Cenovus Energy Inc., Calgary, started oil production earlier this month at its recently completed Phase F expansion at its Foster Creek oil sands p...

Inpex to increase recovery, lifespan at Minami-Nagaoka field

09/19/2014 Inpex Corp. plans to upgrade facilities at its Koshijihara plant to enhance natural gas and condensate recovery at Minami-Nagaoka gas field in Japan.

Wild Well completes second capping stack

09/18/2014 Wild Well Control Inc., a subsidiary of Superior Energy Services, has completed a subsea capping stack stationed in Singapore to serve the area dur...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected