After setting a record in January, nat gas production fell for 3 consecutive months to 20.3 Bcf/d in April.

The 18 hz. rigs drilling wells here are likely not sufficient to hold output at this level. We also compare EQT & CHK, the numbers 1 & 2.

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 10,107 horizontal wells in Pennsylvania that started producing from 2010 onward, through April.

Total production

Natural gas production in Pennsylvania fell by 1% in April, to 20.3 Bcf/d (hz. wells only). Only 160 new horizontal wells were completed through April this year, versus 180 and 206 in the same period in 2020 & 2019, respectively.

Supply projection

In the past year, as well as last week, 18 rigs were drilling horizontal wells in Pennsylvania (according to Baker Hughes). Despite record high well productivity (see the Well Quality tab), this level appears not enough to sustain current output, as is shown in our Supply Projection dashboard:

Natural gas outlook in Pennsylvania based on current drilling activity (18 rigs) and productivity

If nothing else changes (which it typically will), natural gas production may slowly decline from here, until about 19 Bcf/d by the end of the year.

Top operators

In the final tab (“Top operators”), the top 10 natural gas producers in Pennsylvania are displayed. EQT & Chesapeake, the numbers 1 and 2, are together good for over 1/3rd of total gas production. They are at opposite sides in the state, and their well performance is rather different:

EQT & Chesapeake’s well performance in Pennsylvania. Horizontal wells completed in 2018–2020 only. Average production rate vs. cum. production.

You can see that Chesapeake’s wells improved significantly between 2018 and 2020, while those operated by EQT barely changed. The 70 wells that Chesapeake completed last year recovered 3.8 Bcf of natural gas in the first 5 months, and were at that time still producing at a rate above 20 MMcf/d, on average. Although Chesapeake clearly outperforms EQT on this metric, EQT’s wells are in a wetter part of the basin. This image was taken from our Production Profiles dashboard.

Finally

Next week we will have a new post on the Haynesville.

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/3wUM5zI

Follow us on Social Media:

Twitter: @ShaleProfile

LinkedIn: ShaleProfile

Facebook: ShaleProfile

Dedicated to developing the best Visualization & #Analytics solution for the #Shale #Oil & #Gas industry. Follow us and gain insights on Shale Production.