US-based Cabot Oil & Gas has commenced gas production at the rate of 16.3 million cubic feet per day with nine fracture stimulation (frac) stages, in the Marcellus Shale in north-east Pennsylvania, US.
The company has also achieved 22.2 million cubic feet per day from 17 frac stages in the Marcellus Shale leasehold.
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Cabot has completed 456 frac stages during the first quarter in the Marcellus Shale, while the central compressor station will commission in late June, and will reduce field pressure.
Cabot Oil & Gas chairman, president and CEO Dan O Dinges said that by connecting the central compressor station with several smaller scale projects in key parts of the firm’s acreage, the company can achieve second half production growth.
"These additions include compression and dehydration being added throughout the third and fourth quarters of 2013," Dinges added.
"In addition to efficiencies on the completion side of our operations, we also commenced operations from our first compressed natural gas (CNG) station to fuel our pickup truck fleet and one of the drilling rigs operating for Cabot."
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By GlobalDataThe company has also flowed about 800 barrels of oil equivalent per day in five wells of Marmaton in about 21 frac stages, during the first quarter of 2013.
In April 2012, Constitution Pipeline Company, a joint venture development between Williams Partners and Cabot Oil & Gas, executed precedent agreements for a proposed 121 mile pipeline designed to connect natural gas production in north-east Pennsylvania with north-east US markets by 2015.
Image: Cabot Oil & Gas has begun gas production at Marcellus Shale leasehold in northeast Pennsylvania, US. Photo: Courtesy of Meredithw.
