Spike's Kin
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Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"New paywall in the Post Gazette piece yesterday about the CNX pipeline construction in Indiana County being shut down Mar 30 by DEP due to discharges into a high-quality stream. Don't have all the detail but sounds like what was discussed above."
May 5
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"Nobody bothered to ask them specifics in the Q&A portion of the Analyst's Call yesterday, but they really downplayed the Marchand 3M. They said it's under "managed pressure", and that it's on the "fringe" of…"
May 4
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"My source on the EQT commitment was an attorney/consultant dishing inside info. The rest is just me asking if anyone knows something similar about what CNX might have up their sleeve yet to rescue this well from what otherwise looks like disaster"
Apr 19
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
""turbine" not "turning"... Effin autocorrect"
Apr 19
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"Farmgas, if the owner/operator of the well isn't another E&P Co but a utility powering a gas turning, they'd be happy to flatten a production curve for some number of years longer at lower daily output. They'd be more interested…"
Apr 19
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"One other possibility occurred to me. When EQT abandoned it's Armstrong Co Dry Utica plans and walked away from a permitted Kittanning well, it was said the production was committed to a powerplant. Could this be the case here, was this…"
Apr 19
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"Bullfrex, could you link to that curve data? It's 180° different than the published type-curves I've seen. CNX has been touting a 14-18 mo flat peak at 25+ MMcf day and.3.5Bcf Estate Ultimate Recovery per 1000' of lateral on…"
Apr 15
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"Incidentally, a quick back of the envelope calc on 5MMcf/day says at Fri close of $2.31 for Dominion South this "dud" of a well would generate $4.158M USD in 1 year of sales, and even at a 1/8th royalty that's more than $500K. A…"
Apr 14
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"Something suggests there's going to be a whole lot of fracking activity suddenly grind to a halt and move out of PA to WV or TX or wherever until the issue of ROC/Fracs constituting trespass is resolved better in Briggs case.  CNX took a…"
Apr 14
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"Farmgas, I simply don't have the answers. I do wonder if it doesn't have something to do with other local/regional producers shutting wells in, the rush to sell off producing wells, and some longer term goal of driving down the price of…"
Apr 12
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"That'd be about one- quarter what they've gotten from other throttled (choked) back Dry Utica wells. Is it deliberate or is it really disappointing?"
Apr 12
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"I interpreted this as the hydraulic pressure they applied in the frac stages. The 24 hour flowback test showed an IP of 7100 psi. "
Apr 12
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"The science might change with the Superior Court remand on fractures being tresspasses, who knows. I certainly don't know what they've done differently here besides drill where no one had yet tested the Utica"
Apr 11
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"My limited understanding is ceramic doesn't crush from weight of 13,000' of overburden the way sand does. EQT cheaped out on Pettit, regretted it"
Apr 11
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"Missed that they used 100% ceramic. Let's hope they're doing a science well where they're looking to extend the EUR and flatten the curve for 7 years"
Apr 11
Spike's Kin replied to rob's discussion 'Indiana County Marchand Unit'
"Ceramic use likely isn't the problem that using just sand could be. I've seen nothing that shows who is owner. XTO being Exxon, I have my doubts "
Apr 11

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