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    Far East Energy's Gas Output at Shouyang CBM Block Sees Further Rise

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Summary

Far East Energy Corporation, which operates the Shouyang CBM block in Shanxi Province, China, has said that as of February 11th, production has reached 2,029,604 cubic feet per day (2,030 Mcf/d).

by: Shardul

Posted in:

Asia/Oceania

Far East Energy's Gas Output at Shouyang CBM Block Sees Further Rise

Far East Energy Corporation, which operates the Shouyang CBM block in Shanxi Province, China, has said that as of February 11th, production has reached 2,029,604 cubic feet per day (2,030 Mcf/d).

This is up 13% from the production figure released January 22nd, and is almost three times higher than the 738 Mcf/d produced for the week ending November 12, 2013.

"It is gratifying to have reached this milestone; and it is even more satisfying to realize that we are in a period of prolonged production increases.  The 2013 drilling program was a great success and these numbers highlight its ongoing impact," CEO Mike McElwrath said.

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