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Appalachia
Pennsylvania – update through January 2020
January gas production was flat m-o-m at 19.3 Bcf/d. Year-over-year growth was 1 Bcf/d, down from 2.5 Bcf/d growth one year earlier. Wells have gotten far more productive in the last decade, as you’ll see in the Well quality tab. However, the rate of improvements has markedly slowed down since 2017.- Mar 20, 2020
- 3 mins read
Pennsylvania – update through December 2019
December gas production fell by 2.5%, to 19.1 Bcf/d. Compared with a year earlier, production was 1.1 Bcf/d higher (6%). However, with the decline in gas prices (below $2 in recent weeks), the horizontal rig count in Pennsylvania has fallen by half from early last year to just 22 last week.- Feb 18, 2020
- 2 mins read
Pennsylvania – update through November 2019
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.- Jan 20, 2020
- 2 mins read
Pennsylvania – update through October 2019
October gas production came in at 18.7 Bcf/d, slightly higher than in the previous month, and again setting a new all-time high. But the horizontal rig count is down by almost 60% since the start of the year and production growth is stalling.- Dec 18, 2019
- 3 mins read
Pennsylvania – update through September 2019
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).- Nov 18, 2019
- 3 mins read
Pennsylvania – update through August 2019
After record gas production in July, August set a new high again at 18.6 Bcf/d. But completion activity is lower than last year; 473 wells came online in the first 8 months of this year, versus 525 in the same period last year.- Oct 21, 2019
- 2 mins read
Pennsylvania – update through July 2019
Natural gas production from these horizontal wells stayed at 18.3 Bcf/d in June. Similar to previous years, almost no growth was seen in the first 6 months of the year. During this period, 314 wells started production, slightly below the count in the same time frame last year (353).- Sep 24, 2019
- 3 mins read
Pennsylvania – update through June 2019
Natural gas production from these horizontal wells stayed at 18.3 Bcf/d in June. Similar to previous years, almost no growth was seen in the first 6 months of the year. During this period, 314 wells started production, slightly below the count in the same time frame last year (353).- Aug 26, 2019
- 3 mins read
Pennsylvania – update through May 2019
Similar to last year, May production dipped m-o-m and came in at 18.1 Bcf/d, a y-o-y increase of 2.4 Bcf/d. Well performance has increased a lot over the years, as is visible in the ‘Well quality’ tab. The 594 horizontal wells that began production in 2010 needed 6 years before they recovered an average of 3 Bcf of natural gas. The 748 horizontal wells that came online in 2017 recovered as much in just 14 months.- Jul 29, 2019
- 2 mins read
Marcellus (PA) – update through April 2019
This interactive presentation contains the latest gas (and a little oil) production data, from all 8,915 horizontal wells in Pennsylvania that started producing from 2010 onward, through April. With March revisions in, it has become clear that another record was set, at 18.4 Bcf/d. April natural gas production was at a similar level. New wells recover on average more than 4 Bcf of gas in the first 2 years on production (‘Well quality’ tab). It took each of the ~1,300 horizontal wells, that began production in 2013, more than 5 years to reach that level.- Jul 01, 2019
- 3 mins read
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