This group brings together those who are interested in topics around oil and gas exploration, drilling, refining, and processing.

Post

Visualizing Pennsylvania Oil & Gas Production (Through March 2022)

Enno Peters's picture
CEO ShaleProfile

Background in AI, worked on developing Supply Chain Planning & Optimization solutions for Quintiq, setting up its business in China. Focus on company direction and the technical development...

  • Member since 2018
  • 247 items added with 530,492 views
  • May 20, 2022
  • 486 views

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/3lscK2r

Follow us on Social Media:

Twitter: @ShaleProfile

LinkedIn: ShaleProfile

Facebook: ShaleProfile

Enno Peters's picture
Thank Enno for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member
Discussions
Spell checking: Press the CTRL or COMMAND key then click on the underlined misspelled word.

No discussions yet. Start a discussion below.

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »