Marcellus Shale

Magnum Hunter Resources Reports Marcellus Shale Completion

Magnum Hunter Resources Corporation (MHR) issued an operational update on its oil and gas activities.  The company has 50,000 net acres in West Virginia and Ohio that are prospective for the Marcellus Shale. 

Magnum Hunter Resources reported that the Weese Hunter #1001 well located in Tyler County, West Virginia had an initial production rate of seven million cubic feet equivalent per day from the Marcellus Shale.

The Weese Hunter #1001 well was drilled with a 4,028 foot horizontal lateral and completed with a twelve stage hydraulic fracturing job.

Magnum Hunter Resources Updates Marcellus Shale Activity

Magnum Hunter Resources (MHR) recently started drilling the Weese Hunter #1001, the company’s first horizontal well in the Marcellus Shale. The Weese Hunter #1001 well is located in Tyler County, West Virginia. Magnum Hunter Resources plans to spud the Weese Hunter #1002 shortly and anticipates production results on both these Marcellus Shale wells in November 2010.