Exploration & Production
Stone Energy On Target to Drill 27 Marcellus Wells
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Appalachian Basin (Marcellus Shale). Current net production from the Mary, Heather, Buddy and Katie fields in the Marcellus shale is approximately 45 MMcfe per day. Production increased with the initiation of production from the 6-well Wilson pad at our Mary field in June 2012. Drilling continues in the condensate and NGL rich Mary and Heather fields in West Virginia with a total of 11 horizontal wells drilled year to date.
Additionally, Stone has fracture-stimulated 19 wells in its Mary field this year. Stone has drilled a total of 53 horizontal wells in the Marcellus Shale and is currently producing from 28 wells. Production from the 7-well Potts pad is expected to begin during the third quarter of 2012 and from the 6-well Weekly pad and 3-well Maury pad during the fourth quarter of…
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