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China: Shouyang CBM drilling, frac pace picking up

Far East Energy Corp., Houston, is operating 18 rigs with 4 more enroute to its 418,500-acre Shouyang coalbed methane field on the Shouyang PSC in Shanxi Province southwest of Beijing, China.

The company spudded 7 new wells in the past 12 days, bringing to 23 the number of wells spudded in 2013. Five other wells reached total depth in the past 12 days, including 1 well that was drilled to TD in 12 days.

Meanwhile, the company’s 2013 frac campaign has started with 16 wells ready to be fracture stimulated, 13 of which are production wells and 3 of which are appraisal wells. By the time these 16 wells are stimulated, another 10 will be in the queue for fracing.

The company’s goal is to continue the frac program uninterrupted until late October or November, ultimately treating 100 wells.

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