Note the vertical well flow rate.The Utica shale gas play has a...

Note the vertical well flow rate.

The Utica shale gas play has a lot going for it:
- Shallow depth of the shale
- Proven fracturability
- High production rates - up to 1 million cubic feet a day (mmcf/d) in vertical tests
- Rock properties are comparable to other more established shale plays - right mineralogy, porosity and maturity
- High-quality natural gas with minimal impurities - 88% to 97% methane, less than one per cent inert gases and 1,027-1,136 British Thermal Unit (Btu) content. Gas is pipeline ready ? no H2S, no CO2, no nitrogen extraction.
- Infrastructure in place with nearby access to major pipelines
- Premium natural gas pricing to NYMEX helps make the economics compelling. New York City Gate pricing typically averages US$1 above NYMEX Henry Hub, making the pricing environment attractive for producers.
- Low initial acreage costs with low carrying costs.


http://energymarketwatch.net/Utica_Shale_Gas.pdf