Talisman 2Q13: Marcellus Production Down, 20 New Wells Coming

Talisman Energy, a driller with operations both on- and off-shore in the Americas and Asia-Pacific regions, released its second quarter results today. The report/update is long. Talisman doesn’t say much about the Marcellus in the report, but what they do say about their drilling in the Marcellus is interesting, so we’ve extracted out those references and we present them below.

Bottom line: Marcellus production volumes have gradually declined due to no new drilling (because of the low commodity price of natgas), but Talisman plans to reverse that trend…

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