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shaleprofile

Visualizing Pennsylvania Oil & Gas Production (Through September 2019)

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(edited)

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.

Dash1_19_11_2019.png

Visit ShaleProfile blog to explore the full interactive dashboard

September gas production came in at 18.6 Bcf/d, unchanged from the previous month. After several years of major improvements, well productivity is up only by a few percent since 2017 (see the “Well quality” tab).

The horizontal rig count has declined drastically since the start of the year. Last week only 21 rigs (drilling horizontal wells) were active, the lowest in more than 3 years, versus 49 at the start of the year. With completion activity still relatively normal in recent months, this decline in drilling has reduced the DUC count to the lowest point in many years. You can see this in the “Well status” tab, if you only select DUCs using the well status filter.

Several of the leading operators are at record production levels, as you’ll find the final tab (“Top operators”).

The new “Productivity ranking” dashboard, available in our analytics service, allows us to easily rank the major natural gas operators here by their average well performance:

PA-productivity-ranking-600x297.png

Above you can see all the horizontal wells that began production since 2010, in the northeast section of Pennsylvania. The operators are ranked according to the average cumulative gas recovered by their wells in the first 2 years. As the list reveals, Cabot is on this measure far in the lead, with over 5 Bcf. The map displays the location of all wells, colored by the same metric.

The ‘Advanced Insights’ presentation is displayed below:

Dash2_19_11_2019.png

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

We plan to have new updates on the Permian and the Eagle Ford next week.

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: https://bit.ly/2Qxat80

Follow us on Social Media:Twitter: @ShaleProfile

LinkedIn: ShaleProfile

Facebook: ShaleProfile

Edited by shaleprofile
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7 minutes ago, shaleprofile said:

Visit our blog to read the full post and use the interactive dashboards to gain more insight: https://bit.ly/2Qxat80

Follow us on Social Media:Twitter: @ShaleProfile

LinkedIn: ShaleProfile

Facebook: ShaleProfile

Coming to this site "OILPRICE" and advertising your site just aint cool. MODERATOR!! fix please.

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2 minutes ago, Old-Ruffneck said:

Coming to this site "OILPRICE" and advertising your site just aint cool. MODERATOR!! fix please.

Enno is our member from the beginning of this forum and is allowed to post these topics. 

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Thanks for posting Enno - @Old-Ruffneck thanks for flagging the post. Enno's pieces are high quality and informative and due to some technical limitations on our homepage, we're happy to host his articles here.

@shaleprofile How do you see the Chesapeake drama play out within the next 6 months? Are we already looking at a long-term peak in Pennsylvania?

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7 hours ago, Selva said:

Enno is our member from the beginning of this forum and is allowed to post these topics. 

Yep, I specifically invited Enno to post here in the very days of this forum.  He also posted on the old Oilpro forum, which had well over 1 million members. 

Enno's information and site are a highly unique visual, interactive graphic created from hard data.  There is nothing like the shale oil visual data presented by Enno and his team.  Enno's shale data is better than EIA data, in my opinion.  That is why Enno's site is allowed to be linked here.

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18 hours ago, TomTom said:

@shaleprofile How do you see the Chesapeake drama play out within the next 6 months? Are we already looking at a long-term peak in Pennsylvania?

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I am very cautious with making predictions, as (due to the nature of shale), things can go up and down very quickly. We are currently working on forecasting individual well production, so that is something I would be happy to show more in the near future.

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