Tuesday, July 2, 2013

In Ohio: Magnum Hunter Spudding On 18-Well Pad

Oil & Gas Journal is reporting:
Magnum Hunter Resources Corp., Houston, has spudded the first well on its Stalder pad in eastern Monroe County, Ohio.
The pad has been designed and permitted to drill as many as 18 wells, 10 to the Marcellus shale and eight to the Utica shale, using the company’s new Schramm T500XD robotic drilling rig. The first well will test the Marcellus and the second the Utica.
I assume these will all be natural gas wells.

Note: Magnum Hunter's Triad Hunter LLC subsidiary is operator with a 50% working interest in the drilling unit.

No comments:

Post a Comment