Did Williams mention anything about Westmoreland county in their conference call? I didn't see or hear anything about their Marcellus wells in the annual/year end presentation. I think Rex's report may be incorrect - we talked to the guys drilling and they said 5 on Marco's and 8 on National Metals. I hope Rex is incorrect. Did anyone notice the new Range Resources billboard on Rte 981 going into Latrobe? Interesting - they don't have any wells in this area that I'm aware of anyway.
Summit bought around 10% of Rex's share. XTO has one parcel in the unit under lease. I am wondering if XTO and Williams just came to an agreement there....and Williams will send them a check for the gas.
Looks like they will be getting ready to move the rig to the National Metals pad soon. I saw some big trucks down there today unloading equipment.
Carol, will you be able to watch whats going on at the Marco Pad from your house?
I can't actually see the rig from my house, but it's not a long walk through one field to be able to see it. We've already visited the site while they were drilling the starter holes for the wells.
We thought the next rig was coming to Marco's but you're right, it's heading to National Metals any day now. It could be there now for all I know. I'm in Texas this week. I've been waiting months to see those two rigs move and it will probably be done while I'm away for a few days.
I don't understand what they are doing with the National Metals units. The unit that is recorded (South) is 556 acres and goes towards New Derrry. I am waiting to see the other National Metals Unit when it is recorded on the Westmoreland County recorder of deeds website. That seems odd that they are going to split the well pad - if you look at the map for the South unit, it includes the entire pad. I'm going to contact DCNR for the drilling maps, if you want copies when I get them, send me an email through this site.