Tuesday, August 19, 2014

2014 Unconventional Well Production Data in Pennsylvania


DEP released the most current data for unconventional wells in Pennsylvania and once again the production figures have shown a dramatic increase. According to the data, wells termed unconventional in PA produced 1.9 TCF of natural gas, 1.8 MM barrels of condensate and little over 200,000 barrels of oil. It is important to note these figures typically are updated as operators update their production reports due to reporting errors that may include missing wells, incorrect data and in some cases there are operators who have not submitted their data prior to DEP releasing the data. Compared to the last 6 months production data (July 1 – December 31, 2013) operators in PA produced just under 1.7 TCF natural gas, 1.7 MM barrels of condensate and 182,000 barrels of oil. Looking at the oil production, Chesapeake reported 204,000 BBL in Washington County and Halcon reported 4,695 BBL in Mercer County. Condensate production was primarily reported by Range Resources with 1.7 MM barrels in Was
http://www.shaledirectories.com/blog/2014-unconventional-well-production-data-pennsylvania/

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