Shale Energy Law Blog
While the production isn’t as great as the more compact and larger Marcellus Shale, the cost to drill (or rework) a shallow well is markedly cheaper, potentially coming in at under $1 million (versus the nearly $10 million it costs to drill a horizontal Marcellus well). Similarly, the shallow wells, thanks in part to the rock into which the wells are drilled being more porous, require far less fluids – shallow wells are using, on average, less than 3% of the frac fluid during the drilling process.
The shallow formations, once the only known formations for area drillers, are seeing a renewed interest thanks in part to the technology and processes that allowed larger companies to drill much deeper into the Marcellus Shale. Early results on the shallow wells is difficult to analyze, as reporting requirements for conventional wells only compel companies to release production data once per year.