Comments on: 2014 Plans Firming for Marcellus Activities https://www.frackcheckwv.net/2014/01/02/2014-plans-firming-for-marcellus-activities/ Just another WordPress site Wed, 14 Feb 2024 02:06:39 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: PDC Energy https://www.frackcheckwv.net/2014/01/02/2014-plans-firming-for-marcellus-activities/#comment-46032 PDC Energy Mon, 06 Jan 2014 03:39:48 +0000 http://www.frackcheckwv.net/?p=10628#comment-46032 PDC Energy Inc. in December stated it would focus the company’s growth potential in 2014 on the Wattenberg Field in Colorado and the Uitca Shale in Ohio in a $647 million program. Overall, PDC estimates net production volumes for 2014 will average between 9.5 million and 10 million barrels of oil equivalent and expects crude oil and natural gas liquids will increase to approximately 60 percent. The company expects a reduction in dry gas volumes this year due to the anticipated closing of the sale of its shallow Upper Devonian assets and the suspension of drilling in its Marcellus Shale assets. The company estimates its 2014 production exit rate to be approximately 33,000 Boe/d. The Wattenberg Field will receive the lion’s share of its capital program at $469 million. The company plans to start the year off with four drilling rigs, with a fifth to be added in the second quarter. The budget for the field includes spudding 115 gross operated horizontal wells, 59 of which will target the Codell formation and 56 that will target the Niobrara. Plans include 19 wells with extended-reach laterals of a bout 7,000 feet. The company also plans to re-initiate its vertical well refrac program, the release stated. PDC Energy Inc. in December stated it would focus the company’s growth potential in 2014 on the Wattenberg Field in Colorado and the Uitca Shale in Ohio in a $647 million program.

Overall, PDC estimates net production volumes for 2014 will average between 9.5 million and 10 million barrels of oil equivalent and expects crude oil and natural gas liquids will increase to approximately 60 percent. The company expects a reduction in dry gas volumes this year due to the anticipated closing of the sale of its shallow Upper Devonian assets and the suspension of drilling in its Marcellus Shale assets. The company estimates its 2014 production exit rate to be approximately 33,000 Boe/d.

The Wattenberg Field will receive the lion’s share of its capital program at $469 million. The company plans to start the year off with four drilling rigs, with a fifth to be added in the second quarter. The budget for the field includes spudding 115 gross operated horizontal wells, 59 of which will target the Codell formation and 56 that will target the Niobrara. Plans include 19 wells with extended-reach laterals of a bout 7,000 feet. The company also plans to re-initiate its vertical well refrac program, the release stated.

]]> By: SkyLark Report https://www.frackcheckwv.net/2014/01/02/2014-plans-firming-for-marcellus-activities/#comment-45626 SkyLark Report Fri, 03 Jan 2014 15:01:56 +0000 http://www.frackcheckwv.net/?p=10628#comment-45626 SKYTRUTH INCIDENT REPORT: Taylor County, West Virginia. NRC Report ID: 1069932, Incident Date: 2014-01-02, Nearest City: Flemington, WV Location: 700 FEET FROM THE RP HOME, CORBIN BRANCH RD. & SMITH RD. Incident Type: PIPELINE, Material: METHANE, Medium Affected: AIR Suspected Responsible Party: TRIANA ENERGY SkyTruth Analysis: Report Description - - - THE CALLER REPORTED THAT A PIPELINE DEHYDRATOR IS RELEASING METHANE INTO THE ENVIRONMENT. THE CALLER STATED THAT THIS HAS BEEN AN ONGOING RELEASE FOR THE LAST 2 MONTHS AND THE ODOR IS UNBEARABLE. THE CALLER ALSO STATED THAT SHE AND NEIGHBORS ARE EXPERIENCING SEVERE HEADACHES AND NAUSEA. SKYTRUTH INCIDENT REPORT: Taylor County, West Virginia.

NRC Report ID: 1069932, Incident Date: 2014-01-02, Nearest City: Flemington, WV

Location: 700 FEET FROM THE RP HOME, CORBIN BRANCH RD. & SMITH RD.
Incident Type: PIPELINE, Material: METHANE, Medium Affected: AIR

Suspected Responsible Party: TRIANA ENERGY

SkyTruth Analysis: Report Description – - -
THE CALLER REPORTED THAT A PIPELINE DEHYDRATOR IS RELEASING METHANE INTO THE ENVIRONMENT. THE CALLER STATED THAT THIS HAS BEEN AN ONGOING RELEASE FOR THE LAST 2 MONTHS AND THE ODOR IS UNBEARABLE. THE CALLER ALSO STATED THAT SHE AND NEIGHBORS ARE EXPERIENCING SEVERE HEADACHES AND NAUSEA.

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