Marcellus Shale

CONSOL Energy Reports Results On Marcellus Shale Wet Gas Operations

CONSOL Energy (NYSE:CNX) reported on its operations in the wet gas area of the Marcellus Shale for the third quarter of 2012.  The company is involved on a non-operated basis in this area with Noble Energy (NYSE:NBL).

CONSOL Energy reported production from four out of five wells at the SHL-1 pad, with a combined initial production rate of 18.6 million cubic feet per day.  The four wells also produced 22 barrels of condensate and 56 barrels of natural gas liquids for every million cubic feet of natural gas.

CONSOL Energy said that operator Noble Energy has drilled 15 Marcellus Shale wet gas wells and put nine onto production to date in 2012.  Noble Energy is operating three rigs in the Marcellus Shale and plans to drill between 26 and 28 wells during the year.

CONSOL Energy Reports On West Virginia Marcellus Shale Operations

CONSOL Energy (NYSE:CNX) reported on its Marcellus Shale operations in northern West Virginia for the third quarter of 2012.  The company finished its Marcellus Shale drilling program here in the previous quarter and did not spud any new wells.

Philippi 4 pad – three wells – initial production rates from 6.5 million to 9.2 million cubic feet per day.

Alton 2 pad – six wells - initial production rates from 3.5 million to 6.7 million cubic feet per day.

CONSOL Energy said that the 9.2 million cubic feet per day production rate at the Philippi 4 pad well was a record Marcellus Shale well for northern West Virginia.

CONSOL Energy Reports On Southwest Pennsylvania Marcellus Shale Operations

CONSOL Energy (NYSE:CNX) reported on its Marcellus Shale operations in southwest Pennsylvania for the third quarter of 2012. 

CONSOL Energy finished drilling at the North Nineveh 38 (seven wells) and North Nineveh 41 (eight wells) pads in Greene County and is currently drilling at the North Nineveh 39 (six wells) and North Nineveh 42 (five wells) pads.  The company expects to start completion operations here before the end of 2012.  Other southwest Pennsylvania results include:

Morris 14 pad – three wells – initial production rates from 4.2 million to 9.5 million cubic feet per day.

Morris 10 pad – six wells - initial production rates from 8.4 million to 15.3 million cubic feet per day.

Morris 17 pad – three wells - initial production rates from 7 million to 8 million cubic feet per day.

CONSOL Energy said that the 15.3 million cubic feet per day production rate from the Morris 10D well was a record Marcellus Shale well for southwest Pennsylvania.