Current RDS.B Stock Info

The Utica is growing.

Royal Dutch Shell (ticker: RDS.B) successfully drilled two Utica wells 100 miles northeast of the nearest producer in the play, the company announced in a press release on September 3, 2014. The wells, located in Tioga County, Pennsylvania, not only extend the sweet spot of the play, but are “comparable to the best publically announced thus far in the emerging Southeast Ohio Utica dry gas play,” the release says.

The Gee well was drilled to 14,500 feet with lateral lengths of 3,100 feet and has been on production for rou...

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