Exploration & Production | Quarterly / Earnings Reports | Production | Third Quarter (3Q) Update
EXCO Resources Preps for Marcellus Pad Drilling in 2015
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EXCO Resources Inc. has reported a third quarter 2014 update on its Appalachian operations.
In the Appalachia region, we remain focused on base production efficiency from our Marcellus shale and conventional assets. We have been able to effectively manage our base production declines as a result of increased automation and surveillance equipment to reduce downtime as well as artificial lift installations. We have also recently restructured our field organization to better align the operations personnel with the asset base and reduce our operating costs.
We are currently constructing a pad site for limited appraisal drilling in early 2015 targeting the Marcellus shale in Northeast Pennsylvania near recent successful well results. A significant portion of our acreage in the Marcellus shale…
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