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Permalink Reply by JR on September 11, 2012 at 12:55pm

A Consol Energy (CNX) exec was quoted in an recent article, where he said there are formations below the Utica that have potential. And, I'm told many well pads in our area will have as much as 5-6 wells on them.

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Permalink Reply by TM on September 11, 2012 at 3:35pm

I read a story that said a well pad could have 10 to 20 wells on the pad all producing from different shale formations in the future. That is what I meant by many wells on a pad.

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Permalink Reply by Happy for hardworking Farmers on September 11, 2012 at 4:07pm

Don't forget the Lower Huron.

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Permalink Reply by Jim Litwinowicz on September 12, 2012 at 3:39am

I am confident that over time there will be well pads with over 30 wells on them into five or more layers. But it will be decades before they drill all those wells on each pad.  A pipeline can only take so much gas. Drilling all wells at once would overload any delivery system. So they will drill several now, wait five years or more, drill a couple more, and repeat that process over decades.

There are other reasons to do this. One is they want to HBP as many leases as possible so they drill a couple of wells and then move on. They will come back when other lands are all HBPd. Plus, they are constantly learning how to maximize their production. They will drill wells later that will be better producers than the current wells. And as prices dictate, deeper and/or less productive layers will become economical to drill. And constantly improving technologies will shift the cost/benefit curve.

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Permalink Reply by mike on September 12, 2012 at 3:44am

Kephart well: I talked to a person who is in the unit {Shell} is going to drill 4 wells this year 2 in utica 1 in shale gennesea and 1 in becket shale he had the notice sent to him from Shell.

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