Monday, August 23, 2010

Centre County, PA - Marcellus Shale

By Andrea:

Anadarko Petroleum Corp. (APC) recently released an update on the Marcellus shale in Centre County, PA:

At the end of the 2nd quarter, Anadarko was operating five rigs and participating in an additional 15 non-operated rigs. The company spud 13 operated wells and completed three wells during the quarter. Record gross production of almost 140 MMcf/d from 35 wells was achieved. Currently, more than 100 wells have been drilled and are awaiting either completion or connection to the gathering systems. The company completed and is currently testing its first well of the far-western area in Centre County, Pa. The well flowed to sales with a peak 24-hour test rate of 7.8 MMcf/d with approximately 4,000 PSI flowing tubing pressure.

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