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Pennsylvania – update through May 2020

This interactive presentation contains the latest gas (and a little oil) production data, from all 9,661 horizontal wells in Pennsylvania that started producing from 2010 onward, through May.

PA46321.png

Visit ShaleProfile blog to explore the full interactive dashboard

Total production

Natural gas production in this state fell by almost 0.5 Bcf/d in May, a larger decline than is common for this month. Compared with last year, output is still up by 0.6 Bcf/d. At 241, fewer wells came online in the first 5 months of the year than in any such period in the past decade.

Supply Projection dashboard

With still only 18 rigs drilling horizontal wells (according to the Baker Hughes rig count), we foresee no more production growth in the coming period and expect output to gradually decline over time (assuming no changes in rig count and rig/well productivity):

Natural-gas-outlook-PA.png

Well productivity

Well results have barely changed since 2018, on average, after many years of strong improvements (see the “Well quality” tab).

Top operators

EQT, the largest operator in this area, showed the biggest decline in output in May, -0.4 Bcf/d, which brought it back to the level it had 1.5 years earlier (“Top operators”).

Advanced Insights

The ‘Advanced Insights’ presentation is displayed below:

Adv.14.png

This “Ultimate Recovery” overview reveals the relationship between gas production rates and cumulative gas production, averaged for all horizontal wells that began production in a particular year.

Finally

Next week we will have a post on all covered states in the US, followed by an update on June production in North Dakota.

Production data is subject to revisions.

Sources

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: https://bit.ly/33fxq6d

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