(AP) – 2 hours ago
WILLIAMSVILLE, N.Y. — Natural gas and oil company Seneca Resources Corp. said Tuesday that its third Seneca-operated horizontal well in the Marcellus shale in Tioga County, Pa., flowed at an initial 24-hour rate of more than 10 million cubic feet per day and averaged 9.5 million cubic feet over seven days.
The company also said its National Fuel Gas Midstream Corp. subsidiary has started flowing natural gas on its Covington Gathering System in Tioga County in November.
With two rigs running, Seneca plans drilling 50 to 70 horizontal wells during fiscal 2010, including those operated by EOG Resources in a joint venture with Seneca.
The company said the Covington system will serve area natural gas producers, including Seneca, and has a daily capacity of up to 100 million cubic feet.
Seneca Resources is a subsidiary of National Fuel Gas Co.
Copyright © 2009 The Associated Press. All rights reserved.
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