Business

Olympus Energy completes record-breaking natural gas well

Allegheny County — When Olympus Energy began work on its Midas 6M well in Plum Borough earlier this year, it didn’t plan on a record-breaking lateral length. But that’s exactly what the Canonsburg-based driller accomplished.

The privately-held Olympus Energy — the 10th-largest natural gas producer in southwestern Pennsylvania, according to the 2020 Pittsburgh Business Times Book of Lists — completed the Midas 6M with a lateral length of 20,060 feet. That’s a record in the Marcellus Shale among completed and producing wells, according to Olympus Energy and Pennsylvania Department of Environmental Protection data.

That’s about 4 miles across.

Read more from our news partners at the Pittsburgh Business Times.