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68. RETAILTexasmarketingpresentationFINAL.pdf - Enerplus

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Marcellus Well Timeline<br />

6 – 8 months<br />

Well application / permit<br />

approval<br />

Site Build<br />

Drilling<br />

Waiting on Frac<br />

Crews<br />

Fracing<br />

45 – 60 days in PA<br />

45 – 90 days<br />

25 – 35<br />

days/well<br />

30 - 60 days<br />

7 - 14 days<br />

• 30 – 45 days in WV<br />

• Assumes water sources<br />

permitted<br />

• Current regulations<br />

• Cannot begin<br />

building site<br />

until permit in<br />

hand<br />

• Depends on<br />

time of year<br />

• Multi-well<br />

pads<br />

• “self-skidding”<br />

rigs help<br />

reduce drilling<br />

time<br />

• Shortage of<br />

frac fleets<br />

relative to<br />

basin-wide<br />

drilling activity<br />

Note: Timeline excludes well “resting” and tie-in to gathering systems<br />

71

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