This is an older blog post, you will find one on more recent data here
These interactive presentations contain the latest gas (and a little oil) production data, from all 10,163 horizontal wells in Pennsylvania that started producing from 2010 onward, through June.
Natural gas production in Pennsylvania was flat month over month in June, at 20.3 Bcf/d (hz. wells only). In the first 6 months of this year, 247 horizontal wells were completed, vs. 273 in the same period last year.
As of last week, 18 rigs were drilling horizontal wells in Pennsylvania (according to Baker Hughes), which almost hasn’t changed since May last year, and which is near the lowest levels during the last decade. almost unchanged Permian. Despite the surprisingly strong increase in productivity since last year (see our previous update on this state), the current level of drilling and completion would do not more than keeping output constant at around 20 Bcf/d:
This image was taken from our Supply Projection dashboard.
Which operators are showing the best well results?
Let’s answer that question with our , we developed the Productivity ranking dashboard:
Here I’ve selected all the horizontal wells in Pennsylvania that came online since 2020, and ranked the operators based on the average cumulative gas production in the first 6 months. Chesapeake is far above the competition, with an average of 4.3 Bcf of natural gas produced in that time frame (77 wells included), while Cabot came in second with 2.7 Bcf (80 wells).
In the final tab (“Top operators”), the top 10 natural gas producers in Pennsylvania are displayed. Chesapeake, the number 2, has been catching up on EQT, which is probably related to its improved well performance that we just noted.
Next week we will have a post on the US and one on North Dakota, which just released July production data for most wells (already available in our service).
Production data is subject to revisions.
For this presentation, I used data gathered from the following sources:
- Pennsylvania Department of Environmental Protection
The above presentations have many interactive features:
- You can click through the blocks on the top to see the slides.
- Each slide has filters that can be set, e.g. to select individual or groups of operators. You can first click “all” to deselect all items.
- You have to click the “apply” button at the bottom to enforce the changes. After that, click anywhere on the presentation.
- Tooltips are shown by just hovering the mouse over parts of the presentation.
- You can move the map around, and zoom in/out.
- By clicking on the legend you can highlight selected items.
- Note that filters have to be set for each tab separately.
- The operator who currently owns the well is designated by “operator (current)”. The operator who operated a well in a past month is designated by “operator (actual)”. This distinction is useful when the ownership of a well changed over time.
- If you have any questions on how to use the interactivity, or how to analyze specific questions, please don’t hesitate to ask.
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