← Go back to All Blogs

Marcellus (PA) – update through October 2018

Sign in to follow this  
Followers 0
shaleprofile

1,236 views

This interactive presentation contains the latest gas (and a little oil) production data, from all 8,567 horizontal wells in Pennsylvania that started producing since 2010, through October.

Graph_01-3.jpg

Visit ShaleProfile blog to explore the full interactive dashboards

New production records have been set in the 2nd half of every year since 2010, and 2018 was no different. Gas production in October from horizontal wells came in at 17.6 Bcf/d, about 20% higher than October 2017 (14.1 Bcf/d). The 687 wells that started production in the first 10 months of 2018 already contributed more than 1/3rd of total gas production in October (6 Bcf/d).

 

Graph_02-3.jpg

Well productivity made a big gain in 2017 (see ‘Well quality’ tab), but it did not rise much further in 2018, based on preliminary data. Newer wells recover on average more than 4 Bcf in the first 2 years on production, compared with 3 Bcf from wells that started in 2016.

 

Graph_03-3.jpg

All major operators increased production in 2018, except Chesapeake (‘Top operators’).

The ‘Advanced Insights’ presentation is displayed below:

Graph_04-3.jpg

This “Ultimate Return” overview shows the relationship between gas production rates and cumulative gas production, averaged for all horizontal wells that came online in a certain year.

The improved performance over the past years is clearly visible here. If you change the ‘Show wells by’ selection to ‘quarter’, you can see more recent and granular data. It will also reveal that newer wells peak at a level of over 12,000 Mcf/d, more than three times the rate of the wells that started in 2012.

 

Graph_06-1.jpg

The 2nd tab (‘Cumulative production ranking’), ranks all counties in Pennsylvania by cumulative gas production. If you change the ranking to ‘Well’, you’ll see the cumulative production for each of those 8,500+ wells. The most productive one is above 20 Bcf.

 

Later this week we will have a new post on the Permian.

We wish you all a Happy New Year!

 

Production data is subject to revisions. For this presentation, I used data gathered from the following sources:

  • Pennsylvania Department of Environmental Protection
  • FracFocus.org

 

Visit our blog to read the full post and use the interactive dashboards to gain more insight http://bit.ly/2s048ED

 

Follow us on Social Media:

Twitter: @ShaleProfile
Linkedin: ShaleProfile
Facebook: ShaleProfile

 

  • Upvote 1
Sign in to follow this  
Followers 0


1 Comment


Recommended Comments

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now