Consol Energy Inc. began its shift toward liquids in the first quarter, moving into the wet-gas portions of the Marcellus and Utica shales of southwestern Pennsylvania, West Virginia and Ohio.
While the Pittsburgh-based company focused on dry gas targets in the previous three years, the company now wants half of its wells this year to target liquids-rich plays, including wells in Ohio that could test the boundaries between the wet gas and oil windows (see Shale Daily, Jan. 27).
Alone and through its joint ventures, Consol drilled 22 Marcellus wells in the first quarter and brought four online; it participated in four wells drilled by Noble Energy Inc. into the play.
In southwestern Pennsylvania, Consol is currently operating four rigs.
The company drilled five wells in Westmoreland County, three wells at its new development in Jefferson County and 10 wells at its full-scale development in Greene County during the first quarter. One of the Greene County wells, the Morris 9D, peaked on April 9 at 10.5 MMcf/d.
(To read the full story go to shaledaily.com).
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