All things pertaining to leasing, drilling and production in Mercer County.
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Comment
Chevron--Bowser site on Hossack Road has activity after several months of nothing. looks like they are getting ready to start fracking. Chevron posted several signs on Route 62 directing traffic to the well site.
I suspect low balling will be the order of the day. Take the low ball and hope they drill. That's the real money anyhow.
You can check out a bit of production data here
https://www.paoilandgasreporting.state.pa.us/publicreports/Modules/...
I do not know enough about production numbers to speculate on whether the numbers are good, bad, or in between. Wengerd and James pads in particular.
Bob- of the 8 new wells, 4 go NW past Lamor Rd to between S. Bend Rd and Daley Rd. The other 4 wells go SE to between Yankee Ridge Rd and Rt 318. The laterals vary some, but are around 6,000 ft plus. Counting the 2 that were drilled at the end of the year, there are 5 that run NW and 5 that run SE.
There is a new SPUD report for one new well (B5) on the Wenger pad today.
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