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Permalink Reply by searcherone on December 8, 2014 at 5:14pm

Here is link to the press release:

http://phx.corporate-ir.net/phoenix.zhtml?c=95471&p=irol-newsAr...

Indeed it is very interesting as the SHORT lateral is 3600 feet.

Anyone know the district in Wetzel where the Pribble well is located?

Company presentation states cost of this well was 14 million dollars; and 120 feet of gross Point Pleasant formation.

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Permalink Reply by jason irvine on December 9, 2014 at 5:02am

I don't know the twp. But it is on the Marshall Wetzel line.

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Permalink Reply by MJR on December 9, 2014 at 9:00am

It is in the Proctor District. The well is located on the hill behind the Proctor post office at the intersection of Route 2 and 89. It was flaring on Saturday.

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Permalink Reply by Mike Murphy on December 9, 2014 at 11:34am

Stone Energy Corporation (NYSE: SGY) today provided an operational update on its Utica shale exploration well at its Pribble Pad in West Virginia. The Pribble 6HU well (90% working interest) in Wetzel County, West Virginia produced from a 3,605 foot lateral at an average gas sales rate of approximately 30 Mmcf per day for the last 24 hours of a 5-day test period on a final choke size of 28/64" with 6500 psi of flowing casing pressure.

This test flow calculates to a rate of approximately 8 Mmcf per day per thousand feet of lateral length based on the total effective lateral length of 3,605 feet for the test well, one of the highest rates per thousand feet of lateral recorded for the Utica shale in the area.

"We are very excited about our successful Utica shale exploration well. The results from the Pribble 6HU well confirm the high potential of the Utica shale underlying our current liquids-rich Marcellus acreage position," said David H. Welch, Chairman, President and Chief Executive Officer. "The production rate of 30 Mmcf per day, and certainly 8 Mmcf per day per thousand feet of lateral, is one of the highest Utica tests announced in the area. This well, along with the numerous third party Utica tests surrounding our acreage, has significantly de-risked our Utica position. We have already invested in land and infrastructure in this area due to our Marcellus shale efforts, and this previous investment should enhance our Utica returns. We have contracted a new dual-purpose Utica/Marcellus drilling rig with delivery expected in late 2015, and our Appalachian team will be establishing a development program for this exciting new play. Our Utica acreage position of almost 30,000 acres in the Mary field should allow for a multi-year development program."

The Pribble 6HU well was completed in the Point Pleasant formation with 17 fracture stages with approximately 210 feet of spacing between each stage and approximately 375,000 pounds of proppant per stage. The Pribble 6HU was drilled to a true vertical depth of 11,350 feet.

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