Chesapeake Energy has tested new well-completion techniques, boosting production from its Utica Shale holdings, according to The Massillon Independent.
In the third quarter, new completion techniques improved Chesapeake’s Utica well results by 25 percent. The company’s production grew 24 percent from the previous quarter to 120,000 barrels of oil equivalent.
During the third quarter, Chesapeake’s total production averaged 541,600 barrels of oil equivalent per day. Chesapeake plans to continue testing new completions designs in the Utica and Marcellus shale plays.