EOG Resources (EOG) announced a suspension of all Marcellus Shale drilling in Pennsylvania after a well blowout on its acreage. The blowout occurred at the Punxsutawney Hunt Club #36H well in Clearfield County, Pennsylvania.
The Marcellus Shale drilling suspension was agreed to in consultation with the Pennsylvania Department of Environmental Protection. The drilling ban will last for 7 days.
EOG Resources said that the Marcellus Shale represents a small part of its development company wide in 2010, and that its production growth estimates would not be affected by the halt in drilling.