CNX Gas Corp. said this morning its first horizontal well in the Marcellus Shale region is producing 6.5 million cubic feet of natural gas per day -- a record for any well in the company's history.
The well in Greene County began flowing into the sales meter on Oct. 2, producing 1.2 million cubic feet a day and 4,000 pounds of backpressure.
Since then, backpressure on the well gradually was reduced, allowing the flow to increase to 4 million cubic feet.
On Friday, new surface equipment was installed that enabled the well to reach record production.
CNX is mostly owned by Cecil, Washington County-based Consol Energy Inc. The company is drilling its second vertical Marcellus well, and soon will hydraulically fracture its second and third horizontal gas wells, to allow gas to excape from the shale.
CNX also said this morning it is raising its 2008 production guidance by 1 billion cubic feet, to a total 75 billion cubic feet.
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