Norse Energy successfully drills two horizontal wells in Herkimer play
The most recent well had a significant gas show but is yet to be tested. The earlier of the two had an initial flow rate approaching one million cubic feet per day, similar to the company's prior wells in the Herkimer play. Since being turned into line early in November 2008, that well has continued its high level of deliverability against prevailing line pressure, presently delivering at a rate exceeding 80% of its initial flow rate. Norse Energy has estimated average reserves for the Herkimer field at 1.2 billion cubic feet per well. The company has 250 seismically identified locations in the Herkimer formation with a likelihood of adding another 250 locations on its 130,000-acre leasehold. The Herkimer play has the added advantage of multiple interstate pipeline access and close proximity to the natural gas markets in the US Northeast.