Rex just released the 5 day sales rates for the J. anderson wells.
It states in part:
The five-well J. Anderson pad, located in Guernsey County, Ohio, was placed into sales from its resting period at an average five-day sales rate per well (excluding downtime) of 1,886 Boe/d (40% NGLs, 40% gas, 20% condensate) assuming full ethane recovery and an average natural gas shrink of 12%. The five wells produced with an average casing pressure of 3,293 psi during the five-day sales period on an average 18/64 inch choke. The five-well pad was drilled to an average total measured depth of approximately 12,873 feet with an average lateral length of approximately 4,250 feet and was completed in an average of 28 stages, utilizing the company's 150' "Super Frac" design. Based on composition analysis, the gas being produced averaged 1,257 BTU.
The full release is here:
Looks good for SE Guernsey.
Tags:
Rex Energy Fourth Quarter 2013 Conference Call
http://seekingalpha.com/article/2036753-rex-energy-management-discu...
http://ir.rexenergycorp.com/common/download/download.cfm?companyid=... Conference Call Slides.pdf
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