Step 1: Define the integers.
Let the smaller integer be \( x \). Then the next consecutive integer is \( x + 1 \).
Step 2: Write the product condition.
The product of the two integers is:
\[ x(x + 1) = 306. \]
Expand:
\[ x^2 + x = 306. \]
Rearrange into standard quadratic form:
\[ x^2 + x - 306 = 0. \]
Final Answer: The quadratic representation is \( \mathbf{x^2 + x - 306 = 0} \), which corresponds to option \( \mathbf{(1)} \).