In the Energy Information Administration’s latest “Short-Term Energy Outlook,” the report noted that rapid Marcellus Shale production growth is causing natural gas futures prices in the Northeast to fall even with or below Henry Hub prices outside of peak-demand winter months. As a result, some drilling activity may move away from the Marcellus sSale back to plays such as the Haynesville and Barnett shales, where prices are closer to the Henry Hub spot price.

Penn Virginia Resources announced that it has entered into an agreement to provide transportation and related services to an unnamed Marcellus shale gas producer. Under the terms of the agreement, Penn Virginia will construct a new interconnection into its facilities and the producer has committed to 50 MMcf/d of gas on their trunkline in Wyoming County, Pa. Shipments are expected to start after completing the new interconnection during the fourth quarter of 2014. In addition, Penn Virginia reported that other current Marcellus area shippers have increased their transportation commitments for use of the company’s trunklines.

1 Rex Energy Corp. - 04/07/14

Rex Energy Corp. has completed several horizontal wells drilled from the company’s six-well Baillie Trust pad in Butler County, Pa. According to IHS Inc., wells drilled from the pad were brought online at an average five-day sales rate per well of 5.9 MMcf of gas equivalent per day (52% natural gas liquids, 47% gas, 1% condensate), assuming full ethane recovery. The #5H and #6H Baillie Trust were drilled into Upper Devonian Burkett shale in a vertically offset stacked position above #2H and #4H Baillie Trust, which were drilled into Marcellus. Two other Marcellus wells were drilled from the pad, #1H and #3H Baillie Trust. The six wells on the pad were drilled to an average total depth of 10,252 ft with an average lateral length of 4,337 ft. The wells were completed with an average of 29 stages. According to State College, Pa.-based Rex, the Baillie Trust pad is the company’s first attempt to test vertically offset stacked lateral wells in the Marcellus and Upper Devonian from the same pad. In addition, the company tested the potential downspacing of its Marcellus shale locations by drilling two pairs of Marcellus wells laterally, spaced 600 ft apart, as opposed to early spacing of 750 ft.

2 Magnum Hunter Resources Corp. - 03/14/14

In Tyler County, W. Va., Magnum Hunter Resources Corp. announced results from two Marcellus Shale wells drilled at its Collins pad. Both wells are in Middlebourne 7.5 Quad. The #1118H Collins was tested flowing 10 MMcf of gas and 472 bbl of condensate per day. It had a projected depth of 11,907 ft and a projected true vertical depth of 6,000 ft. The #1119H Collins produced 10.1 MMcf of gas and 469 bbl of condensate per day. The projected depth was 12,843 ft and the projected true vertical depth was 6,000 ft. Additional completion information was not provided. Magnum Hunter is based in Houston.

3 Magnum Hunter Resources Corp. - 03/14/14

Magnum Hunter Resources Corp. announced results from three Marcellus Shale wells in Monroe County, Ohio. The wells were completed on the Ormet pad in New Martinsville 7.5 Quad, Section 16 Salem Township. The #1-9H Ormet flowed of 2.7 MMcf of gas and 216 bbl of condensate. It was drilled to 9,944 ft, 5,861 ft true vertical. The #2-9H Ormet produced 5.1 MMcf of gas and 816 bbl of condensate per day. It was drilled to 10,063 ft and the true vertical depth was 5,861 ft. The #3-9H Ormet flowed 3.9 MMcf of gas and 756 bbl of condensate. It was drilled to 11,431 ft and the true vertical depth was 5,874 ft.

4 Trans Energy Inc. - 05/03/13

Trans Energy Inc. has completed two Marcellus Shale wells in Marshall County, W.Va. The initial 30-day production rates reported by the company indicate that #1H Doman and #2H Helen L. Doman respectively averaged MMcf and 5.6 MMcf of gas per day. The producers were drilled from a drilling pad. The #1H Doman was drilled to 11,569 ft with a lateral length of 3,420 ft and bottomed one-half mile to the northeast. The #2H Helen L. Doman reached 11,828 ft and had a lateral length of 3,437 ft and bottomed three-quarters of a mile to the northwest. Trans Energy’s headquarters are in St. Mary’s, W.Va.

5 Stone Energy Corp. - 03/01/12

According to IHS Inc., Stone Energy Corp. of Lafayette, La., has flow-tested 11 Marcellus shale wells in its Mary Field properties in Wetzel County, W. Va., at rates ranging from 3- to 5 MMcf of gas per day. In a company operations update, Stone reported initial condensate production rates range from 70 bbl to more than 100 bbl per MMcf of gas produced. Initial gas-liquids volumes from the wet-gas stream were estimated at more than 40 bbl per MMcf of gas produced. Another 13 wells in Mary Field have been drilled but not completed, according to Stone. They are expected to be fractured and brought online during 2012.

6 Triana Energy Inc. - 12/21/11

Several Marcellus horizontal tests are planned in Booths Creek Dist. Grafton 7.5 Quad, Taylor County, W.Va., by Triana Energy Inc. The #2H Coulson will be drilled to 11,720 ft, 7,700 ft true vertical, in an unnamed field. At Triana’s Musgrove lease, the company permitted #1H Musgrove, #3H Musgrove and #5H Musgrove; the three horizontal tests have proposed true vertical depths of 7,560 ft each. Part of Triana’s Marcellus shale drilling program is conducted in partnership with Marathon Oil Corp. The companies plan to jointly develop 82,000 acres of Marcellus drilling land in several West Virginia counties and in Fayette County, Pa. Future development will involve drilling 132 horizontal wells on 43 pads. Full development of the property could involve up to 350 wells, according to Charleston, W.V.-based Triana.

7 Magnum Hunter Resources Corp. - 12/16/11

Houston-based Magnum Hunter Resources Corp. reported three Marcellus completions in Grant Dist., Pine Grove 7.5 Quad, in Wetzel County, W.Va. The #1102 WVDNR 1102 flowed 10 MMcf of gas equivalent per day. It is producing on a capacity-constrained basis due to infrastructure limitations. Drilled to 12,517 ft with a lateral length of 4,950 ft, the well was fracture-treated and completed in 16 stages. The #1103 WVDNR was drilled to 12,335 ft with a 4,875-ft lateral. It was tested flowing 10.5MMcf of gas equivalent per day after 16-stage completion and is also producing at infrastructure-constrained rates. The #1104 WVDNR flowed 10.4 MMcf of gas equivalent per day. It was drilled to 11,864 ft with a lateral length of 4,100 ft and was completed after a 16-stage fracture treatment.