By OGJ editors
HOUSTON, June 13 -- Cabot Oil & Gas Corp., Houston, is drilling its sixth horizontal well to Devonian Huron shale at Sissonville northwest of Charleston.
The most recent well, Amherst 24H, went to TD 6,615 ft measured depth, including 2,600 ft of lateral. It flowed 1.1 MMcfd of gas after a four-stage frac at a total cost of $1.5 million, the company said. Cabot has 100% working interest.
Having drilled and completed five horizontal wells in the project, Cabot said it is encouraged with progress in both cost structure and production profiles. Production rates have steadily improved with each well.
The company will spud its first well on the Hurricane acreage by the end of June. This is one of the company's 2005 leasing initiatives which total nearly 130,000 gross acres.