Rex Energy is working on 10 new Utica Shale wells in Carroll County that will begin producing next year.
The company has drilled three wells on its Jenkins pad in Washington Township and plans to start production in January. Each well has an average lateral length of 6,500 feet.
The company has three wells already producing in the area. Those wells will be shutdown while workers frack the three new wells with an improved technique, said Tom Stabley, Rex president and chief executive, during a conference call with investors Wednesday.
Rex also is drilling the fifth of seven wells on its Goebeler pad in Harrison Township. Those wells have an average lateral length of 7,500 feet and should start producing during the second quarter of 2018.The whole article can be read by clicking here.
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