Consol says Pennsylvania Marcellus well is its most prolific
The Pittsburgh-based company also said it drilled 17 Marcellus wells in the second quarter and placed 18 online.
Consol said its 2012 gas production guidance is 157 to 159 Bcf net to Consol, with third-quarter gas production expected to be 40 to 42 Bcf.
The company, which is also a major Appalachian coal producer, said its gas division for the first time used water from coal mines for hydraulic fracturing. The three-well Morris 14 pad in southwestern Pennsylvania was fracked with a 10% blend of mine-sourced water. The pad came on line in early July and was producing at an initial rate of 18,000 Mcf/d.
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