Rex Energy Corporation provided initial production test results from the company's first two wells in the Moraine East Area, the Renick 2H (Marcellus) and the Renick 3H (Upper Devonian Burkett).

As previously announced, the company finished completion operations on the four-well Renick pad, consisting of three Marcellus wells and one Upper Devonian Burkett well. The Renick 2H was drilled to a lateral length of approximately 6,000 feet and completed in 40 stages with sand concentrations of 2,300 pounds per foot.

The Renick 2H produced at a 24-hour test rate, assuming full ethane recovery, of approximately 6.6 MMcfe/d, consisting of 3.0 MMcf/d of natural gas, 566 bbls/d of NGLs and 47 bbls/d of condensate. At the time the Renick 2H was shut in, the well was still cleaning up and continuing to experience an increase in the production rate. Based on composition analysis, the gas being produced is approximately 1,309 BTU.

Tags: Rex Energy Corporation