CONSOL Energy, a large coal and natural gas company heavily invested in the Marcellus and Utica Shale region, released an operational update today. The big news is that one of the Marcellus Shale wells CONSOL has just completed in Westmoreland County, PA—the Gaut 4A well—produced an astonishing peak rate of 17.9 million cubic feet of natural gas in a single 24-hour period. The highest ever for a CONSOL gas well.
The operational update below outlines CONSOL’s activities in the second quarter of this year for the Marcellus and Utica Shale, and provides forecasts for what they plan in the third quarter, including details of their joint ventures with Noble and Hess.
