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ES - Gulfport’s longer laterals maximize investment in Utica - January 28, 2020

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Gulfport Energy sought to maximize its Utica lateral lengths in order to do more with less in its 2019 drilling program. Lateral lengths were up 18% compared to 2018 for the 13 wells drilled in the first nine months of the year; the company anticipated drilling three more wells in Q4 and exiting 2019 with three DUCs. When normalized to a 8,000-ft lateral, spud-to-rig-release times were down 5% compared to 2018 at 18.6 days.......
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