Rice Energy’s $1.04 billion D&C capex will be dedicated to its core Marcellus and Ohio Utica acreage. The company will spud 95 net wells (75 Marcellus, 20 Utica), and bring 75 net wells online (55 Marcellus, 20 Utica). This is a moderate increase from 2016, in which Rice spent $686 million on E&P. The company will operate four rigs on average and anticipates to produce 1.29- 1.36 Bcfe/d, up 59% from 2016. Rice detailed......
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