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Companies Drilling at Utica Shale - Quebec Shale
- Utica Shale Stocks
- Forest Oil FST - Over the last two years, Forest Oil has accumulated approximately 269,000
net acres, under lease or farmout at Utica Shale. Utica Shale
(60 – 100% WI) – Forest drilled and completed the first three horizontal Utica Shale wells in Quebec's St.
Lawrence Lowlands, which were successfully cased and fracture stimulated in four stages with rates ranging from 100 –
800 Mcf/d. Frac load flowback was incomplete due to the lack of coiled tubing units in the area. Forest expects to continue
to test its wells after the winter season is over. Although sustained rates were not as high as anticipated, the tests have
allowed Forest to identify the section of the shale it intends to target in future test wells. Each of the wells were tested
in different sections of the Utica Shale with an objective of gathering data on productivity to allow optimization of future
completions. Furthermore, Forest proved the ability to successfully drill the wells horizontally and pump multi-stage slickwater
frac jobs without major operational issues. ( from seekingalpha ) Our mechanical success rate expanded in 2008 with a successful drilling and completion of a three well horizontal
pilot program in the Utica Shale in Quebec. I
need to remind you, we are the first mover in this play, and as a result, we are blazing the trail for development in this
base. Each of the three wells targeted a different section of the Utica and they were also in three different geographic areas. We tested our three wells after pumping four
stage fracs on each one. Our rates achieved were between 100 Mcf per day and 800 Mcf per day without full recovery of the
load water from the fracs. The Utica like
old shale will have an evolution of technique to become fully commercial. We've seen this in the Barnett and the Haynesville with earlier results being encouraging, but not nearly as good as they are today. August 2009 Update: Well, we have ten year leases up there, what we are doing there is we took all the rocks and the data, and did a frac
rock mechanics work including with BJ in Houston and that was supposed to come out this summer and of course summer time is
better than when we frac those wells. Up to this point, we were the only company who had done horizontals, and I understand
there have been two announcements publicly, one private firm in Cavalry, where we’ll have interest in I believe J.C.
and then also Talisman has announced several horizontals, so we’d be interested in seeing how those come out on the
drilling and the completion. Although, others have had trouble on the drilling, we have not. It would be the completion and
basically what we are talking is about redoing it on the frac jobs and trying it again.
- Talisman Energy TLM - Talisman Energy is very active in the Utica Shale Natural Gas Field
-Talisman’s Quebec acreage is along the St. Lawrence River where the Company has currently earned or acquired a total
of 310,000 net acres. The Company also has rights to earn up to an additional 460,000 net acres. In 2008, one well was drilled
and another was drilling over year end. Initial tests from the Gentilly recompletion were also conducted. Talisman expects
to complete the drilling component of its earning phase (two additional wells) by the end of the first quarter of 2009. The
Company anticipates that testing will continue into the second and third quarters of 2009 depending on equipment availability.
Talisman will continue evaluating the potential for commercial gas in Quebec throughout 2009.
- Equitable Resources EQT - EQT has Utica Shale deposit exposure: CEO: The second well at
this point is a vertical into the Utica, that's
where we're headed, we’ll frac and complete both of those wells. So, one will be horizontal, one will be vertical. See
how it goes and produce them. If they work, we'll produce them into the pipeline at that point. Beyond that though if the
Utica doesn't work we’ll just back off
inside of that current vertical well and then drill out a horizontal Marcellus well through that same exact hole, that's one of the reasons we did this year as we sort of get a relatively cheap look at
the Utica with this well. But if Utica works, we will produce. If it doesn't work we'll back off and drill on horizontal
Marcellus. If the Utica does work, we'll go ahead
and drill on the third well here. The third well will be a horizontal Marcellus well. Hope that clears that up. Update: We're still in that process of engineering, a bigger frac job in the Utica Shale. We're thinking about drilling another
well but we don't know whether in the context of the market conditions whether we are going to do that sooner or later and
when we drill later, if we drill, we liked it, frac both at the same time. So we're sort of on a little bit of hold on the
Utica at this point. . Gastem GTMIF.PK - Gastem has a join venture with Utica Energy to drill in the Utica Shale. Gastem will earn a 65% interest in
the properties and Utica Energy will earn 35% of the 29,000 acres they have. . Questerre Energy QTEVF.PK - Questerre Energy has been drilling in the Utica Shale: Questerre Energy is pleased to announce that Talisman
Energy Canada has elected to drill the remaining three option wells under its farm-in agreement with Questerre and its minority
partner in the St. Lawrence Lowlands, Quebec. The three wells will complete the work program allowing Talisman to earn
about a 75% interest in the original 719,000 acre farm-out block. Questerre also retains about a 4¼% gross overriding
royalty on production from Talisman. Our joint land lies right in the heart of the Lowlands between the Yamaska growth
fault and Logan’s Line and runs from Quebec City to south of Lac Saint Pierre. We continue to believe this land position
proximate to the market has significant natural gas potential. The three-well program is expected to commence in the
latter half of 2008. The wells will test multiple horizons including the Trenton Black-River and the Utica and Lorraine shale
sequences. . Range Resources RRC - In addition to pursuing the Marcellus Shale we’ve also initiated studies on the Utica Shale, Berquette, Genesse and Limestreet Shales. In terms of the Utica, we’ve actually been studying the Utica for a long time regarding to the Marcellus in
2004. I would imagine sometime next year we’ll probably drill our first Utica well.
Range Resources Utica Shale 2009 Update: We also plan to drill a Utica Shale horizontal and a shallow upper Devonian horizontal before year-end. Results
of these two wells should be available by early first quarter.
Greencastle Resources ( TSX: VGN ) - Greencastle is active in the Utica Shale - Greencastle applied for an oil and gas exploration permit in the St. Lawrence Lowlands of
Quebec. The permit covers approximately 6,000 hectares in the Longueil area, east of Montreal, to the southwest along the
trend from the recent gas discovery in the Utica shale by Forest Oil FST.
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