CONSOL Energy today released it?s spending and operations plans for 2013. Among them: They will spend $600 million to continue developing their Marcellus Shale operations, of which $415 million will go for drilling new wells. They plan to drill 126 new Marcellus wells this year, 90 of them in the liquids-rich portion of the play. CONSOL also plans to spend $122 million on their joint venture with Hess to drill 27 new wells in the Utica Shale.
Today?s CONSOL announcement:
Source: http://feedproxy.google.com/~r/MarcellusDrillingNews/~3/9ucPFQ51vj4/
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