Shale News
shale. Last year, Rex used an average of 1,800 pounds of sand per foot of lateral when fracking a well. This year it brought online four wells on its Powell pad in Penn Township in which it used 2,300 pounds per foot. The Powell wells are producing 9.3 million cubic feet of gas per day, 13 percent more than what the company reported from its new wells in July. In addition to spending less time drilling and fracking, producers have gotten contractors to lower daily rates that Walker said grew from 2011-14, as demand for service crews outstripped the number of firms. Since December, Range cut its well costs by more than 23 percent by negotiating lower rates from contractors, who are finding less work as companies dial back drilling. Endler and Walker made it a point to say the companies are not cutting corners on safety to cut prices. “Range is actually stepping up its efforts when it comes to working safely and protecting the environment,” Walker said, noting that accidents, spills and other incidents can hurt the bottom line. “In 36 years, I've learned if you can keep production online ... that is going to drive you to be a low-cost producer.” David Conti is a Trib Total Media staff writer. Reach him at 412-388-5802 or dconti@tribweb.com. Copyright © 2015 — Trib Total Media Read more: http://triblive.com/business/headlines/7890833-74/wells-drilling-range#ixzz3VbpfBJfb Follow us: @triblive on Twitter | triblive on Facebook
Holy Trinity Vacation Bible School 605 Hewlett Avenue, Washington, PA 15301
June 15th through June 18th The fun begins Daily at 6PM and runs until 8PM with music, crafts, games and more.
Free to attend!
school students pre-k through 5th grade Call to register
724-225-1895
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Southpointe Magazine
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