As part of Task 1 in Advanced Technologies for Stripper Gas Well Enhancement, Schlumberger Data & Consulting Services (DCS) joined with two Appalachian Basin producers, Great Lakes Energy Partners, LLC, and Belden & Blake Corporation to develop methodologies for identification and enhancement of stripper wells with economic upside potential. These industry partners previously provided us with data for more than 700 wells in northwestern Pennsylvania. Phase 1 goals of this project were to develop and validate methodologies that can quickly and cost-effectively identify underperforming wells with remediation potential. We enhanced and streamlined our software and are using it with Microsoft's (Trademark) Access and Excel programs. During the last quarter of 2002, Great Lakes provided us with additional data for approximately 2,200 wells located in their Cooperstown field situated in northwestern Pennsylvania. We identified approximately 222 potential remediation candidates and Great Lakes' personnel reviewed this list for viability and selected more than twenty five wells to be reworked. Approximately twenty nine wells have been successfully reworked and we are evaluating the results. This field provided a rigorous test of our software and analytical methods. We processed all the information provided to us including the Cooperstown data.
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