Anything new here?
It looks like the Utica - CNX wells in this area are a bust. Too much $$ to drill, inferior/exploding frac pipe without sufficient production. Risk/Reward out of balance
Very interesting...the production pipe problem was at Beaver Run Reservoir in Westmoreland County. How about Marcellus Shale gas wells in the area. When will the industry drill wells that aren`t necessarily block busters but good quality & steady producing wells?
The frac pipe issue wasn't in this co-op area. That occurred in CNX's Beaver Run sweet spot area near the Gaut's. I don't know that that incident has any bearing on the efforts in Indiana/Armstrong/Jefferson Counties.
BW - what do you mean by co-op area? Maybe the only impact from the Shaw well incident will be a new supplier for production pipe for CNX.
CNX and XTO have some cooperative agreement, based upon the recorded instruments, to at least share information on their Utica development in those areas. I don't think CNX's Beaver Run is part of that.
Any news for the current plans for the Marchand Pad? Will the pipeline be finally completed soon? Any more wells to be drilled here?
I would assume no plans for anything that far out of the core. Would go in the face of their curtailments highlighted in their most recent shareholder presentations.
From a shareholder perspective, you wouldn't want anyone developing right now.