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CNX Full Year 2018 Activity; Drilling & Completion Activity

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Quick Summary

Average Rigs : 3 rigs in 1H, then migrated to 4 rigs in 2H



First Quarter Operations Summary:

Rigs : 3 Hz

Drilled : 19 Utica Wells

Completed : 5 Wells (3 Marcellus, 2 Utica)

In the first quarter of 2018, CNX operated three horizontal rigs and drilled 19 wells: two Utica Shale wells in Monroe County, Ohio; seven Marcellus Shale wells in Greene County, Pennsylvania; and 10 Marcellus Shale wells in Washington County, Pennsylvania.

Also, CNX completed five wells during the quarter: three Marcellus Shale wells in Washington County, Pennsylvania and two deep dry Utica Shale wells, the RHL 11 and Marchand 3M. The RHL 11 is located in Greene County, Pennsylvania, and the Marchand 3M is located in Indiana County, Pennsylvania. These two deep dry Utica Shale wells are still in the…

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