Newfield Exploration Co
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# [[Atlas Copco]] was to drill the downhole leg of the [[Horizontal drilling|horizontal wells]] using compressed air. That eliminates the need to use any water in this stage. | # [[Atlas Copco]] was to drill the downhole leg of the [[Horizontal drilling|horizontal wells]] using compressed air. That eliminates the need to use any water in this stage. | ||
# [[Ecosphere Technologies]] had been hired to set up a [[Closed loop system|closed loop system]] to manage and recycle the water used in [[Hydro-fracturing|fracing]] the wells. | # [[Ecosphere Technologies]] had been hired to set up a [[Closed loop system|closed loop system]] to manage and recycle the water used in [[Hydro-fracturing|fracing]] the wells. | ||
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+ | News emerged in late-May, 2010 that Newfield was drilling a vertical test well, named ''Teeple 1-1'' in [[Wayne County|Wayne County, PA's]] Manchester Township. The well site was located approximately 20 miles north of Honesdale off Route 191 (Hancock Hwy.) near the Legion Road intersection. This had been the first well drilled in partnership with Hess Corp. Three to five test wells were planned for 2010. [[Union Drilling Inc.|Union Drilling]] had been subcontracted to drill the well. It was to be drilled to a depth of 8,300 feet. | ||
* Lee K. Boothby is Newfield's President and CEO. | * Lee K. Boothby is Newfield's President and CEO. | ||
* Stephen C. Campbell is Vice President of Investor Relations. | * Stephen C. Campbell is Vice President of Investor Relations. | ||
* Keith Schmidt is a Newfield spokesman. | * Keith Schmidt is a Newfield spokesman. | ||
+ | * Donny Torres is a Newfield Subsurface Manager in northeastern Pennsylvania. |
Revision as of 22:19, 29 May 2010
Here is where some info about Newfield Exploration Co should go. This article is still a stub and needs your attention. It does not have a template and contains minimal information. Please dive in and help it grow!
Houston, Texas-based Newfield Exploration Co (NYSE:NFX) is an oil and gas exploration and production company. In October, 2009 the company announced a joint exploration agreement with Hess Corp to develop 140,000 gross acres of Marcellus shale primarily in Susquehanna and Wayne counties in northeastern Pennsylvania. Newfield was to operate the venture and receive a 50% working interest.
Newfield in the past has primarily operated in the Woodford shale located in Oklahoma and the mid-continental region of the U.S. where it has drilled over 300 horizontal wells. It has also been active in the Rocky Mountains.
A press release from the Northern Wayne Property Owners Alliance in January, 2010 noted that Newfield and Hess had selected two subcontractors who were to conduct environmentally friendly drilling on the land leased to the Newfield-Hess joint venture and covered by the Alliance in Wayne and Susquehanna counties:
- Atlas Copco was to drill the downhole leg of the horizontal wells using compressed air. That eliminates the need to use any water in this stage.
- Ecosphere Technologies had been hired to set up a closed loop system to manage and recycle the water used in fracing the wells.
News emerged in late-May, 2010 that Newfield was drilling a vertical test well, named Teeple 1-1 in Wayne County, PA's Manchester Township. The well site was located approximately 20 miles north of Honesdale off Route 191 (Hancock Hwy.) near the Legion Road intersection. This had been the first well drilled in partnership with Hess Corp. Three to five test wells were planned for 2010. Union Drilling had been subcontracted to drill the well. It was to be drilled to a depth of 8,300 feet.
- Lee K. Boothby is Newfield's President and CEO.
- Stephen C. Campbell is Vice President of Investor Relations.
- Keith Schmidt is a Newfield spokesman.
- Donny Torres is a Newfield Subsurface Manager in northeastern Pennsylvania.