Trans Energy Inc
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| - | Here is where some info about '''Trans Energy Inc.''' should go. This | + | <div align="center">[[Image:Te_rig.gif ]]<br>'''Winter shot of Trans Energy drilling rig in Northern Panhandle of West Virginia'''<br>[http://www.transenergyinc.com/ - ''Photo courtesy of Trans Energy Inc.]''</div> |
| - | article is still a stub and needs your attention. It does not | + | St. Marys, West Virginia-based '''Trans Energy Inc.''' (OTCBB: TENG) is an oil and gas exploration and development company focusing on the Appalachian Basin. It operates more than 300 wells in Marshall, Wetzel and Marion counties (shallow) in [[West Virginia]]. It has roughly 40,000 acres under lease. |
| - | have a template and contains minimal information. Please dive in | + | |
| - | and help it grow! | + | |
| - | St. Marys, West Virginia-based '''Trans Energy Inc.''' (TENG.OB) is an oil and gas exploration and development company focusing on the Appalachian Basin. It has drilled four vertical [[Marcellus shale]] wells. The Anderson-7H well, located near Jacksonburg in Wetzel County, West Virginia is its first [[Horizontal drilling|horizontal]] one. | + | By August, 2008, Trans Energy had drilled four vertical [[Marcellus shale]] wells. The Anderson-7H well, located near Jacksonburg in Wetzel County, West Virginia was its first [[Horizontal drilling|horizontal]] one. As of December, 2009, Trans Energy was in the process of drilling its fourth horizontal well. |
| - | In October, 2008 the company announced it was in the process of drilling a second horizontal well in Wetzel County named Hart #28H also near Jacksonburg. The vertical part of the well will be drilled down to just above a kickoff point at about 6500 feet and set casing. A larger rig will then be brought in to drill the horizontal portion at a depth of around 7,000 feet. It was announced in April, 2009 that this well had been completed and was being turned into the gas sales line. The same report indicated that the next horizontal well the company planed to complete was the aforementioned Anderson-7H. | + | In October, 2008 the company announced it was drilling its second horizontal well in Wetzel County named Hart #28H also near Jacksonburg. The vertical part of the well was to be drilled down to just above a kickoff point about 6500 feet and set casing. A larger rig was then to be brought in to drill the horizontal portion at a depth of around 7,000 feet. It was announced in April, 2009 that this well had been completed and was being turned into the gas sales line. The same report indicated that the next horizontal well the company planed to complete was the aforementioned Anderson-7H. |
| - | The company announced that a third vertical Marcellus well, the Dewhurst #73, located on Arches Fork off W.Va. 20 in Wetzel County, was completed on December 16, 2008 with positive results. It was promptly hooked up to gas lines. | + | The company announced that a third vertical Marcellus well, the Dewhurst #73, located on Arches Fork off W.Va. 20 in Wetzel County, had been completed on December 16, 2008 with positive results. It was promptly hooked up to gas lines. |
| - | In early January, 2009 the company announced a forth vertical Marcellus well, the Blackshere #101, in Marion County just east of Wetzel County, had been successfully [[Hydro-fracturing|fraced]] at the end of December and is in the process of being hooked up to a gas line. | + | In early January, 2009 the company announced a forth vertical Marcellus well, the Blackshere #101, in Marion County just east of Wetzel County, had been successfully [[Hydro-fracturing|fraced]] at the end of December and was in the process of being hooked up to a gas line. |
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| + | Another horizontal well was announced in November, 2009. It was the Whipkey #1H located near the City of Cameron in Marshall County, West Virginia along the Pennsylvania border. It was to be drilled to a kickoff point at a depth of 6,500 feet. A second larger rig was to drill the horizontal portion. This was Trans Energy's first horizontal Marcellus shale well in Marshall County. | ||
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| + | By December, 2009 Trans Energy was drilling its fourth horizontal well in Marshall County, WV, the Whipkey #2H. Once again it was to be taken to a depth of 6,500 feet and then a larger rig brought in to drill the horizontal leg. The same rig was used to drill laterals for each of the Wipkey wells as both were located on the same pad. | ||
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| + | In July, 2010, the company announced the results of completing Whipkey #2H. During its first 30 days of production, the well had produced an average of 4.45 Mmcfe/d. The [[Horizontal drilling|horizontal]] well had a lateral 3,000 feet long with a twelve stage [[Hydro-fracturing|frac]]. Trans Energy also noted that it had received 3 additional drilling permits for Marcellus shale wells: these were to be named Groves #1H, Keaton #1H and Stout #2H. | ||
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| + | Also in July, families residing on U.S. 250 near the Whipkey well site had to be evacuated on account of a gas leak. Electricity service was also temporarily cut off as a precaution against any ignition of escaping natural gas. Trans Energy was reportedly cited by the [[West Virginia Department of Environmental Protection]] (WVDEP) failing to control the well. | ||
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| + | In a second July, 2010, press release, Trans Energy announced that it was expanding its joint venture with ''Republic Energy Ventures, LLC'' into Marion and Tyler counties, West Virginia. Republic purchased a 50% interest in roughly 5,000 acres in Marion Co. and 2,600 in Tyler. It also purchased a small overriding royalty on 6,000 acres in Wetzel Co. The total purchase price amounted to $23,500,000 cash and drilling credits of $3,500,000. | ||
| + | <div align="center">[[Image:stout.gif ]]<br>'''Stout well site, Marshall Co., WV.'''<br>[http://www.transenergyinc.com/ - ''Photo courtesy of Trans Energy Inc.]''</div> | ||
| + | In Septeber, 2010 Trans Energy announced a second set of four horizontal Marcellus wells to be drilled in Marshall Co., WV beginning with the ''Stout #2H''. | ||
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| + | In October, 2010, Trans Energy announced that it had commenced drilling the Groves #1H well in Marshall Co., WV. It was to be a horizontal well. The company also stated that drilling was finished on the above mentioned Stout #2H and that completion activities were to take place in late October or early November. | ||
| The company owns drilling rights to 26,000 acres in four northern West Virginia counties: Doddridge, Marion, Marshall, and Wetzel. It operates 271 wells in the State. | The company owns drilling rights to 26,000 acres in four northern West Virginia counties: Doddridge, Marion, Marshall, and Wetzel. It operates 271 wells in the State. | ||
| - | It is in the process of building a system of gas gathering pipelines that will connect to interstate pipelines. | + | Trans Energy was in the process of building a system of gas gathering pipelines that was to connect to interstate pipelines. |
| - | James K. Abcouwer is President and CEO of Trans Energy. | + | * John G. Corp is President of Trans Energy. |
| + | * Lisa Corbitt is company CFO. | ||
| + | * Mark Woodburn is the Land Department Manager. | ||
| - | Contact: Mark Woodburn, spokesman. | + | [[Category:E&P Companies]] |
| + | [[Category:Active]] [[Category:Public]] [[Category:Listed-OTCBB]] [[Category: Regional]] [[Category:West Virginia]] [[Category:Northern West Virginia]] [[Category:Doddridge County]] [[Category:Marion County, WV]] [[Category:Marshall County]] [[Category:Wetzel County]] [[Category:Marcellus shale]] [[Category:25,000 to 50,000 acres]] | ||
Current revision
Winter shot of Trans Energy drilling rig in Northern Panhandle of West Virginia
- Photo courtesy of Trans Energy Inc.
St. Marys, West Virginia-based Trans Energy Inc. (OTCBB: TENG) is an oil and gas exploration and development company focusing on the Appalachian Basin. It operates more than 300 wells in Marshall, Wetzel and Marion counties (shallow) in West Virginia. It has roughly 40,000 acres under lease.
By August, 2008, Trans Energy had drilled four vertical Marcellus shale wells. The Anderson-7H well, located near Jacksonburg in Wetzel County, West Virginia was its first horizontal one. As of December, 2009, Trans Energy was in the process of drilling its fourth horizontal well.
In October, 2008 the company announced it was drilling its second horizontal well in Wetzel County named Hart #28H also near Jacksonburg. The vertical part of the well was to be drilled down to just above a kickoff point about 6500 feet and set casing. A larger rig was then to be brought in to drill the horizontal portion at a depth of around 7,000 feet. It was announced in April, 2009 that this well had been completed and was being turned into the gas sales line. The same report indicated that the next horizontal well the company planed to complete was the aforementioned Anderson-7H.
The company announced that a third vertical Marcellus well, the Dewhurst #73, located on Arches Fork off W.Va. 20 in Wetzel County, had been completed on December 16, 2008 with positive results. It was promptly hooked up to gas lines.
In early January, 2009 the company announced a forth vertical Marcellus well, the Blackshere #101, in Marion County just east of Wetzel County, had been successfully fraced at the end of December and was in the process of being hooked up to a gas line.
Another horizontal well was announced in November, 2009. It was the Whipkey #1H located near the City of Cameron in Marshall County, West Virginia along the Pennsylvania border. It was to be drilled to a kickoff point at a depth of 6,500 feet. A second larger rig was to drill the horizontal portion. This was Trans Energy's first horizontal Marcellus shale well in Marshall County.
By December, 2009 Trans Energy was drilling its fourth horizontal well in Marshall County, WV, the Whipkey #2H. Once again it was to be taken to a depth of 6,500 feet and then a larger rig brought in to drill the horizontal leg. The same rig was used to drill laterals for each of the Wipkey wells as both were located on the same pad.
In July, 2010, the company announced the results of completing Whipkey #2H. During its first 30 days of production, the well had produced an average of 4.45 Mmcfe/d. The horizontal well had a lateral 3,000 feet long with a twelve stage frac. Trans Energy also noted that it had received 3 additional drilling permits for Marcellus shale wells: these were to be named Groves #1H, Keaton #1H and Stout #2H.
Also in July, families residing on U.S. 250 near the Whipkey well site had to be evacuated on account of a gas leak. Electricity service was also temporarily cut off as a precaution against any ignition of escaping natural gas. Trans Energy was reportedly cited by the West Virginia Department of Environmental Protection (WVDEP) failing to control the well.
In a second July, 2010, press release, Trans Energy announced that it was expanding its joint venture with Republic Energy Ventures, LLC into Marion and Tyler counties, West Virginia. Republic purchased a 50% interest in roughly 5,000 acres in Marion Co. and 2,600 in Tyler. It also purchased a small overriding royalty on 6,000 acres in Wetzel Co. The total purchase price amounted to $23,500,000 cash and drilling credits of $3,500,000.
In Septeber, 2010 Trans Energy announced a second set of four horizontal Marcellus wells to be drilled in Marshall Co., WV beginning with the Stout #2H.
In October, 2010, Trans Energy announced that it had commenced drilling the Groves #1H well in Marshall Co., WV. It was to be a horizontal well. The company also stated that drilling was finished on the above mentioned Stout #2H and that completion activities were to take place in late October or early November.
The company owns drilling rights to 26,000 acres in four northern West Virginia counties: Doddridge, Marion, Marshall, and Wetzel. It operates 271 wells in the State.
Trans Energy was in the process of building a system of gas gathering pipelines that was to connect to interstate pipelines.
- John G. Corp is President of Trans Energy.
- Lisa Corbitt is company CFO.
- Mark Woodburn is the Land Department Manager.
