Exploration & Production | Drilling / Well Results | Top Story | Quarterly / Earnings Reports | First Quarter (1Q) Update
EXCO Details Marcellus Appraisal Well Results After Rough Winter
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EXCO Resources has reported a first quarter update on its Appalachian operations.
In the Appalachia region, we remain focused on base production efficiency from our Marcellus shale and conventional assets. Our production has remained relatively flat despite the challenges of a very cold winter that caused higher than average downtime due to freezing conditions. Our most recent appraisal well in the Northeast Pennsylvania area was turned to sales in fourth quarter 2013 and continues to perform above expectations.
This appraisal well is currently flowing 7 Mmcf per day at 1,400 psi on a restricted choke. Our 2014 plans include limited appraisal drilling late in the year targeting the Northeast Pennsylvania area.