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ES - Ascent boosts production 53% on D&C and acquisitions - September 10, 2019
Ascent Resources Utica Holdings, LLC grew its Q2 production 53% YOY to an average of 1.75 Bcfe/d (89% gas, 5% oil, 6% NGLs), driven by drilling and completion activity and its acquisition from CNX Resources, Hess, Utica Minerals Development and Salt Fork Resources completed in August 2018. Activity during the quarter included spudding 23 wells, fracking 37 and turning to sales 38, bringing H1 totals to 48 spudded, 60 fracked and 65 brought online.......
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