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Trans Energy reports production results on Anderson wells in Wetzel

Trans Energy a pure play Marcellus Shale announced production results on the Anderson #5H and Anderson #7H in Wetzel County, West Virginia. 30-Day production rate sets new company record.

Initial 30-day production rates from the Anderson #5H and Anderson #7H averaged 9,637 Mcfd and 7,095 Mcfd, respectively. The 30-day IP rate from the Anderson #5H represents a 26 %  increase compared to 30-day IP rate from the Dewhurst #111H – previously Trans Energy' s best performing well in the Marcellus  and establishes the Anderson #5H well as Trans Energy' s best performing horizontal Marcellus well to date.

John G. Corp, President of Trans Energy, said, "Our core acreage position in the Marcellus continues to deliver better than expected results.  The Anderson #5H and #7H are two of our best performing wells to date.  As we continue to execute our drilling program across our more than 60,000 gross acres in Wetzel, Marshall, Tyler and Marion Counties, we believe that our drilling expertise, combined with the geology across our acreage position, will enable us to continue to deliver impressive results from our upcoming horizontal wells."

The two Anderson horizontal wellbores are parallel to one another and were hydraulically stimulated at the same time.  The effective lateral lengths that were hydraulically stimulated in the Anderson #5H and the Anderson #7H were 4,980 f and 5,470 f, respectively.

11/28/2012

 

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