This is an older blog post, you will find one on more recent data here
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):
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.
[Update] Texas just released new production data for November, which is already available in our services for our subscribers . Later this week we will have 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
- FracFocus.org
====BRIEF MANUAL====
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.