EQT’s record well in the Utica shale dry gas window that flowed at 72.9 million cubic feet of gas per day has stoked excitement in the play, but analysts said the US independent will need to bring its well costs down to make it a commercial success.
The Scotts Run well drilled in Green County, Pennsylvania was EQT’s first wildcat in the dry gas portion of the Utica and is among the farthest east tests of the play to date.
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