Exploration • Drilling • Field Services
Fig.
1.The Polar Pioneer is key to one of the most important finds on the Norwegian continental shelf in the last decade. Image courtesy of Harald Petersen/Statoil..
The US Eagle Ford and Marcellus shales continue to attract inward investment as sales revenues begin to flow. Eugene McCarthy reports.
Los esquistos estadounidenses de Eagle Ford and Marcellus siguen atrayendo inversión externa y comienzan a fluir los ingresos por ventas Informe de Eugene McCarthy.
Die amerikanischen Eagle Ford- und Marcellus-Schiefer ziehen weiterhin ausländische Investitionen an, da die Umsatzerlöse zu fließen beginnen. Eugene McCarthy berichtet.
I
Testing continues on US shale oils
n the US, work continues apace on the Eagle Ford and Marcellus shales. For example, Penn Virginia currently has six producing Eagle Ford shale wells. Te six, in which the company
has an 83 per cent working interest, are currently producing an aggregate of 4096bbl/d of oil and 2072 ft3
/d of natural
gas on a gross basis. Te natural gas associated with these wells is expected to yield approximately 150bbl of natural gas liquids (NGL) per million ft3
(MMcf ). Te company has also extended
its agreement with a private service contractor to provide hydraulic fracturing services primarily in the Eagle Ford shale, as well as in east Texas and Oklahoma.
In another development, Penn’s natural gas midstream provider in Gonzales County recently connected the company’s wells to its pipeline and processing facilities. “As a result we have begun to recognise sales revenue associated with NGL and residue gas production,” says a company statement. In terms of Marcellus shale activity, the company continues to test its 35 000 acre position in Potter and Tioga Counties and has drilled four horizontal wells. Tree of these are completed and being tested. Te company also plans to move a drilling rig to test the eastern portion of its acreage during the second half of the year. In addition, pipeline construction
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