CONSOL Update: Gas Production Up 34%, New Utica Wells Online

CONSOL Energy reports today results for a number of their Utica wells in Noble County, OH. Their “much anticipated” 3-well NBL19 pad went online last week and initial production for each of the three wells averaged 23 million cubic feet per day or more–very impressive indeed! A CONSOL well near the NBL 19, the NBL16A, is averaging 12 million cubic feet of natural gas per day. However, the 16A is also producing 768 barrels of oil per day! CONSOL’s aggressive program has helped drive production up 34% in second quarter 2014 over 2Q13. Below is CONSOL’s operations update issued this morning…

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