This interactive presentation contains the latest gas (and a little oil) production data, from all 9,372 horizontal wells in Pennsylvania that started producing from 2010 onward, through November.
November gas production spiked by 5% m-o-m, to 19.6 Bcf/d, setting a new record. Gas prices rose at the start of the month, and several operators, including Chesapeake, decided to increase production. You can see in the chart that something similar happened 2 and 3 years ago as well.
Well productivity is slightly up from 2 years earlier (see the “Well quality” tab).
Of the top-8 gas producing counties in Pennsylvania, Lycoming County was the only county in November that was not close to record production, as is shown in the following dashboard (taken from our analytics service
Natural gas production in the top-8 counties in Pennsylvania. Hz wells only.
The ‘Advanced Insights’ presentation is displayed below:
This “Ultimate Recovery” overview shows the relationship between gas production rates and cumulative gas production, averaged for all horizontal wells that began production in a particular year.
New wells are on a path to recover around 10 Bcf of natural gas, on average, before they have declined to a production rate of 500 Mcf/d.
Texas just released new production data for November, which our subscribers will be able to access not later than Thursday. Early next week we will follow-up on this with a new post on the Permian.
Production data is subject to revisions. For this presentation, I used data gathered from the following sources:
- Pennsylvania Department of Environmental Protection
Visit our blog to read the full post and use the interactive dashboards to gain more insight: https://bit.ly/2TFzxv6
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