CONSOL Reports On Their First Well In Noble County

CONSOL Energy just released their initial peak rate flow back numbers yesterday from their Noble County well near Summerfield in Stock Township.  Stock Township lies of the eastern portion of the county near the Monroe County line.  This is the first well they have completed in Noble County and will continue to develop in the area.  CONSOL is currently developing a well in Seneca Township which lies northwest of their Stock Township well.

CONSOL was encouraged by the 24 hour peak flow rate they received from their Noble 1A well in Stock Township.  During the flowback the Noble 1A well peak rate tested at a rate of 9.0 million mcf a day of natural gas and about 10 barrels per day of condensate. This rate was achieved following a 30 day shut in period to allow the hydraulic fracture treatment to rest.  Resting has become commonplace in the exploratory development of the Utica Shale.

CONSOL is currently developing their second well in Noble County, the Noble 16A, in nearby Seneca Township which is located south of Seneca Lake.  They are also currently developing wells to the north in Mahoning and Portage Counties.  Those wells will hopefully be online in the next few months.

Along with their Noble 1A well, CONSOL has one other well operational in Ohio in western Tuscarawas County.  The well near Sugarcreek came online last spring producing a peak daily rate of 400 barrels of light crude of day before it was shut in for the resting period and equipped with artificial lift. The well was brought back online in early September and now has cumulative production of over 7,800 barrels of crude oil.

CONSOL is in a joint venture with Hess Corporation in the Utica Shale.  From an operational standpoint, CONSOL will operate wells in Noble, Tuscarawas, Portage, Mahoning and Trumbull counties while Hess will operate wells in Harrison, Jefferson, Belmont and Guernsey.  Between the two companies it looks like they have a good acreage position in some of the most productive portions of the Utica Play as it stands today.

Check us out on FacebookTwitter and YouTube !

No Comments

Post A Comment