It has been very, very quiet for about 2 years. That was the last time I heard from a SWEPI guy.
SWEPI: Sold all of Venango County acreage to Rex Energy mid July 2014. Seneca has committed most of there drilling budget for 2015 to Elk Co. Claremont area. Range did renew a permit for Haslett #1 Venango Co. Not 100% sure but believe the pad has been installed. Looking for any info. in that area.
Chris: Venango Co. is not the sweet spot nor a drop dead zone some where in the middle. The experimental vertical well Seneca did in the Polk area was OK. Same with the Horizontal well Halcon did in that area. Utica is wet appox. 1230 BTU'S shale is appox. 200' to 300' thick. Marcellus is also wet some where in the 1250 BTU range shale thickness is in the 120' range. The unknown is the Burkett could make Venango Co. a triple stacked play .Chevron has two permits for the Burkett from the Broious pad, but at this point have not been drilled. Between Range and Seneca allot of acreage is HBP. No rush to drill.
Question?? Is the reason for not drilling in Venango a political one? Possibly too many restrictions or no incentives? Just thinking...