A press release from Seneca Resources:
(Jan. 22, 2013) WILLIAMSVILLE, N.Y. – Seneca Resources Corporation (“Seneca”), the
wholly owned exploration and production subsidiary of National Fuel Gas Company (NYSE:
NFG) (“National Fuel” or the “Company”), has announced initial results from six recently
completed Marcellus Shale wells within its DCNR 100 tract in Lycoming County, Pa.
Seneca has completed six new Marcellus Shale wells on a pad located within its
DCNR 100 tract in Lycoming County, Pa. These six wells had 24-hour peak production rates
averaging 17.8 million cubic feet (“MMcf”) of natural gas per day, five of which represent
the highest peak production rates of any wells operated by Seneca in the Marcellus.
Treatable lateral lengths on these wells ranged between 4,292 and 5,101 feet and they
were completed with 14 to 18 frac stages per well. All six wells are expected to be flowing
into National Fuel Gas Midstream Corporation’s Trout Run Gathering System by the end of
David F. Smith, Chairman and Chief Executive Officer of National Fuel, stated, “The
success we are achieving in Lycoming County validates the prolific nature of the Marcellus in
this area. With a combined 24-hour peak production rate of 107 MMcf of natural gas per
day, these wells represent some of the most productive wells ever drilled in the Marcellus by
any operator. With two drilling rigs running in Lycoming County, and without the production
infrastructure constraints facing many other operators in the Marcellus, we anticipate this
acreage will be a key driver of Seneca’s production growth over the next two to three
DCNR 100 3H 5,101’ 18 21.4 MMcf
DCNR 100 6H 4,807’ 17 20.9 MMcf
DCNR 100 7H 4,840’ 17 18.8 MMcf
DCNR 100 8H 5,054’ 18 20.2 MMcf
DCNR 100 9H 4,292’ 14 8.0 MMcf
DCNR 100 66H 4,845’ 17 17.7MMcf
Including these six wells, Seneca expects to have a total of 15 wells producing into
the Trout Run Gathering System by the end of January. Additionally, 16 more wells on the
DCNR 100 tract will be completed this fiscal year, with approximately 25 more scheduled for
completion in Fiscal 2014. The Company plans to provide further details on its Appalachian
operations during its scheduled earnings teleconference on February 8, 2013.
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.