CONSOL Energy’s 2013 Plan: Spend Lots on Marcellus & Utica Shale
CONSOL Energy today released it’s spending and operations plans for 2013. Among them: They will spend $600 million to continue developing their Marcellus Shale operations, of which $415 million will go for drilling new wells. They plan to drill 126 new Marcellus wells this year, 90 of them in the liquids-rich portion of the play. CONSOL also plans to spend $122 million on their joint venture with Hess to drill 27 new wells in the Utica Shale.
Today’s CONSOL announcement:
Read More “CONSOL Energy’s 2013 Plan: Spend Lots on Marcellus & Utica Shale”

Er, um, we’re not exactly sure how to broach this delicate topic without offending a great many residents of Ohio, including Ohio Gov. John Kasich who keeps saying he doesn’t want “foreign” workers in Ohio’s oil and gas fields (meaning he wants Ohioans only, not workers from Texas and Oklahoma), but, well, Gov. Kasich? Maybe you don’t have more Ohioans working in those gas fields because 50-60% of the Ohioans applying for those jobs are druggies. Yeah, you read that right.
Ohio has joined the “200 Club”. As of last week, more than 200 horizontal shale wells have now been drilled in the Utica Shale, according to the Ohio Dept. of Natural Resources (ODNR). Of those 200+ wells drilled, 47 are currently producing.