I have seen a couple of interesting articles and permits in the last week. CHK permitted two combination oil and gas horizontal wells in Bradford County. This sure is not the Marcellus. Then Anandarko which is active in the East said they have drilled a couple of horizontal wells into the upper devonian Geneseo with promising results. I was not aware that went over that far.
Shell is doing top hole work on some of their well permits in Forest. It looks like they are not going to waste time drilling. Their new location in Forest is the largest thing I have seen. They permitted 10 wells on a location in Warren County. This location will hold more.
Sounds like work is proceeding well in your neck of the woods. The super-rich area development appears to continue also. Additional seismic survey, gathering, and new pad work underway. From a distance it is sometimes hard to tell a fall turkey hunters location from survey flagging about in the woods! NGLs continue to move daily out of Liberty.
One event to watch, RRC is requesting a meeting with one of the local anti-drilling local govt., that is South Fayette. This could be another ultimatum similar to what happened in Mt. Pleasant. That is if RRC and the township can’t come to a reasonable agreement on local drilling ordinance rules, RRC will not proceed in development South Fayette Twp. acreage. I really think there is a political connection between Cecil, South Fayette, and Robinson Twps. and their insistent approach making it so difficult to conduct exploration and production business with private landowners and the fact that these three townships hold a major portion of the old McDonald Oil Field, once the most productive in the US. Hard to make sense of it all as those residences that what their property developed in these townships are being denied the opportunity to do so by local elected officials. This goes for midstream development also. Let’s hope common sense rules here, otherwise pro-exploration and production private landowners as well as other concerned predevelopment township residence will have no choice but to vote the mostly dems out of office. Make no mistake about it, the Marcellus is also a political game changer!
Thanks for the update. I want to get down and do another tour of the SW now that the leaves are off the trees.
Rex had an earning call today. I read the minutes and saw something very interesting.
"Lastly, we are completing the test of the Upper Devonian Rhinestreet in a vertical legacy wellbore. We expect this integral to continue even higher liquids content as compared to the Marcellus and Upper Devonian Burkett zones. The well is currently flowing back and we expect to have results of its liquids content in the fourth quarter of 2012".
This is the shale that I am most interested in. The thickest part of it is just over the hills from where I live. I notice they came back to Warren County to lease more land after fracking this well. If this thing is flowing it must have good rock pressure and with the high toc for this shale I can see some very impressive well on the horizon. RRC also has a lot of acreage with this shale.