Exploration & Production | Drilling / Well Results | Top Story | Quarterly / Earnings Reports
CONSOL Drills Deepest Devonian Well in Q2; Talks Results
Print
|
CONSOL Energy Inc. has reported an operations update for the quarter ended June 30, 2013.
"Our operations performed in line this quarter," commented J. Brett Harvey, chairman and chief executive officer. "In our Gas Division, we drilled a successful Upper Devonian Shale exploration well on our first attempt."
Specifically, CONSOL Energy drilled its Upper Devonian Shale well in the Burkett formation, which is the deepest of numerous Upper Devonian shales. The Burkett formation is the only Upper Devonian shale which falls within the ownership of the joint venture with Noble Energy. CONSOL chose to drill its first well in the Burkett in order to test the potential interaction with deeper Marcellus Shale wells and to benefit from jointly-owned surface infrastructure. CONSOL's future Upper…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations