http://seekingalpha.com/article/1473951-marcellus-update-eqt-increa...
Brief, but interesting comments on EQT as well as Magnum Hunter.
Tags:
Most of Hancock, N Marshall, Brooke and Ohio are super rich Marcellus so:
3900 foot laterals and 15 frac stages
104 Mbbls Condensate, 650 Mbbls NGL and 3.4 Bcf
S Marshall and Wetzel wet so:
3200 foot laterals and 13 frac stages
27Mbls condensate, 685 Mbbls NGL and 4.4 Bcf
South of that dry gas anywhere between 5 and 20 Bcf
those are RRC EUR #'s.
All that wet and super rich Marcellus area will get interesting for Upper devonian next. What I'm waiting for is some results of core samples from Medina to Utica in those areas.
Every Marcellus well placed into production makes these other formations cheeper to develop.
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