West Virginia: 2017 production data

(edited)

West Virginia – update through December 2017

This article contains still images from interactive dashboards available on the blog post. To follow the instructions detailed here, use the interactive dashboards. You can also explore the dashboards to uncover different insights and trends.

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This interactive presentation contains the latest gas production data through December, from all 2,368 horizontal wells in West Virginia that started producing since 2010. West Virginia only publishes production data once per year, and this post contains the data released last month.

Of the 3 states in the Appalachian basin (Ohio, Pennsylvania & West Virginia), unconventional gas production from horizontal wells is the lowest in West Virginia, just behind Ohio. Still, percentage wise there was a major growth spurt in 2017 (28%), as shown in the above graph, and last year ended at a level of 4.3 Bcf/d. Add this together with the production from the other 2 states, and total gas production (hz. wells only) in the Appalachian basin came in at ~26 Bcf/d in December, or about 1/3rd of total US gas production.

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Average well productivity has improved every year since 2010, as the ‘Well quality’ tab shows. Two major contributing factors were increasing lateral lengths, and higher proppant loadings.

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There are not many unconventional operators in this state, and the largest one, Antero Resources, is good for more than 40% of total production (see the ‘Top operators’)

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The ‘Advanced Insights’ presentation is displayed below:

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

 

If you select ‘Antero Resources’ here in the ‘Operator (current)’ selection, you’ll note that its well productivity is quite a bit better than the average.

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In fact, looking at the ‘Productivity ranking’ overview, it has the best average well results among all operators, as measured by the average cumulative production in the first 2 years.

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The ‘Well status map’ shows where these wells are located: almost all in the north.

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Ohio still hasn’t released Q1 production data, so later this week I will have another post on the Permian, followed by the Eagle Ford and all 10 covered states next week.

 

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

  • West Virginia Department of Environmental Protection
  • West Virginia Geological & Economical Survey
  • FracFocus.org


Visit our blog to read the full post and use the interactive dashboards to gain more insight

https://shaleprofile.com/index.php/2018/07/02/west-virginia-update-through-december-2017/

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Edited by shaleprofile
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