Interesting tidbits from the Rice Energy Inc. earnings call on Thursday:
1. The company has cut well costs in the Utica Shale by 15 percent and by 9 percent in the Marcellus Shale.
2. Its typical well costs $8 million.
3. Laterals in the Marcellus Shale average 7,700 feet. They are longer in the Utica Shale: from 8,200 to 9,300 feet.