590384

EQT Corp. has reported double-digit initial production (IP) results for two of its newest natural gas wells in the Pennsylvania portion of the Marcellus Shale. The Cooper 590384 well in Greene County, PA, completed in late July, had an average IP rate of 22 MMcfe/d over 30 days. The well has a total lateral length of 9,000 feet, with 8,411 feet of stimulated pay, and was completed with a 28-stage fracture. The direct well cost was about $7.1 million, with a preliminary estimated ultimate recovery of 18 Bcf, according to EQT. The Rosborough 590259 well in Armstrong County, PA, had a 24-hour IP of 15 MMcfe from 4,060 feet of stimulated pay. EQT holds a 100% working interest and an 87.5% net revenue interest in both wells.