... The company said that unlike a number of other producers, it does not have to drill to hold its leases. "With most of our 752,000 Marcellus acres either held by shallow production or owned in fee, we can scale back our drilling plans while retaining our valuable Marcellus Shale acreage," Consol said in a statement.
The company added that it in 2011 it will reduce its planned build-up of its horizontal rig fleet in the Marcellus from an average of five rigs to an average of "just under four rigs." ..."
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What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen. [ Read More ]