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Tuesday, June 29, 2021

Some Huge Gas Wells Being Reported In The Marcellus -- June 29, 2021

Updates

June 30, 2021: from a reader regarding the original post --

That 47 MMcfd IP from Chief may certainly be impressive, but - by Marcellus standards - it is not especially noteworthy in comparison to other Northeast Pennsylvania wells. 
Chesapeake must have at least 2 dozen wells that have flowed more than that the first 30 days online. 
Chesapeake's best well - quickly rocketing to #1 all time producing status, the Deremer 2HC - produced over 50 MMcfd its first 3 months online. (50 million cubic feet/day is 8,600 boed.)
Now online 19 months, it has produced almost 19 and 1/2 Billion cubic feet ... 3,360,000 barrels of oil. 
These crazy high numbers are what prompted me to re-focus my attention to the 'gas world' of hydrocarbons with emphasis on the Appalachian Basin. 
(Although Shaleprofile has changed its format, it used to provide running, cumulative production numbers for Pennsylvania wells. Last I checked, about 20% [~2,000] had surpassed the 5.8 bcf mark ... the equivalent of a million barrel oil well).

 Original Post

Link here.


Let's see: 47 million cubic feet / day = 7,800 boepd?

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