shaleprofile + 243 May 20, 2022 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. Visit ShaleProfile blog to explore the full interactive dashboard These interactive presentations contain the latest gas (and a little oil) production data, from all 10,584 horizontal wells in Pennsylvania that started producing from 2010 onward, through March. Total production Natural gas production in Pennsylvania was 20.2 Bcf/d in March (Hz. wells only), slightly lower than the output a year ago (20.5 Bcf/d). Drilling Activity As of last week, 25 rigs were drilling horizontal wells in Pennsylvania (according to Baker Hughes). This level is close to a decade low, despite surging natural gas prices: Horizontal rig count in Pennsylvania (left hand side) and natural gas prices (right hand side) In this overview you can see how the horizontal rig count has fallen since 2011, from over 100 rigs in 2012, to just 25 in recent months. Natural gas prices (HH), marked with the grey curve, are near the highest in a decade. Productivity Ranking In the next dashboard, you can find a ranking of all the major operators in Pennsylvania, based on recent well productivity results: Operator ranking based on well productivity (cumulative gas production in the first 12 months). Includes Hz. wells completed since 2017. It reveals that Chesapeake now operates the best performing wells, on average. Its 371 horizontal wells with a first production date after 2017 recovered on average 4.8 Bcf of natural gas in the first year on production, slightly above Coterra’s performance (4.7 Bcf, 342 wells). On the map you can find all the included wells colored by this metric. Top operators In the final tab (“Top operators”), the output and well locations of the top 10 natural gas producers in Pennsylvania are displayed. Chesapeake overtook EQT in March, with 4.4 Bcf/d of operated production, after closing of its its acquisition of Chief Oil & Gas. Finally Next week we will have a post again! 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/3sMGJ9F Follow us on Social Media: Twitter: @ShaleProfile LinkedIn: ShaleProfile Facebook: ShaleProfile 1 Quote Share this post Link to post Share on other sites