Trans Energy Inc. (OTC: TENG) announced production results from the Dewhurst #110H and Dewhurst #111H in Wetzel County, West Virginia.
The initial 30-day production rates from the Dewhurst #110H and Dewhurst #111H averaged 6.765 million cubic feet equivalent (MMcfe) per day and 8.146 MMcfe per day, respectively. Both the Dewhurst #110H and Dewhurst #111H produced at rates significantly higher than the Keaton 1H, previously Trans Energy's best performing well in the Marcellus, which averaged an initial 30-day production rate of 5.074 MMcfe per day.
John G. Corp, president of Trans Energy, said, "Results from the Dewhurst #110H and #111H further validate our strategic position in the wet gas section of the Marcellus Shale located in Wetzel County, West Virginia. Improved execution, combined with enhanced drilling techniques, drove 30-day production results to record levels. As we continue to exploit our position in Wetzel County, as well as our more than 60,000 gross acres across the Marcellus Shale, we'll leverage these techniques to further maximize production results and returns, especially on the Anderson #5H and Anderson #7H."
The two Dewhurst wellbores are parallel to one another and were hydraulically stimulated at the same time. The effective lateral lengths that were hydraulically stimulated in the Dewhurst #110H and the Dewhurst # 111H were 3,856 feet and 4,448 feet, respectively. In the Keaton 1H well, 4,650 feet of effective lateral had been hydraulically stimulated.
Trans Energy further reports that it has hydraulically stimulated the Anderson #5H and Anderson #7H, also located in Wetzel County, West Virginia. The Anderson wells were drilled from a nearby pad and were completed in the same manner as the Dewhurst wells. The Anderson wells have been turned into sales and will reach 30 days online within the next few weeks. Pending 30-day production results on the Anderson #5H and the Anderson #7H, Trans Energy will provide an update on each of these wells.
Trans Energy Inc, based in St. Marys W.Va, is a pure-play Marcellus shale oil and gas exploration and development company.
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