September 20, 2017

Gas Production Dropping Like Rocks!

Actual Data from PA on the decline rate of fracked wells and the over-estimation of total natural gas production parallels similar data from the Barnett shale in Texas from Arthur Berman.

CLICK HERE for info on the Barnett decline rate and Chesapeake’s admission of this to its stockholders.

CLICK HERE for New York Times articles on these subjects.

CLICK HERE for a chart of over estimation.

Acutal data from PA, averaging a 65% drop-off in gas production after just 26 months!

Source: Pennsylvania DEP Production Reports

Farm Name

Well No.

Product

Vol.

Days

Avg/ Day

End Date

COWDEN

3H

Gas

68,301

44

1,552

6/30/10

97,873

182

538

12/31/10

81,994

181

453

6/30/11

74,401

184

404

12/31/11

73% drop-off in 26 months

73,155

178

411 6/30/12

COWDEN

3H

Oil

1,399

44

32

6/30/10

Cond.

4,613

182

25

12/31/10

Oil

2,433

181

13

6/30/11

1,680

184

9

12/31/11

Cond.

1,132

178

6 6/30/12

COWDEN

4H

Gas

110,431

44

2,510

6/30/10

222,230

182

1,221

12/31/10

155,208

181

858

6/30/11

153,301

184

833

12/31/11

66% drop-off in 26 months

150,731

178

847 6/30/12

COWDEN

4H

Oil

1,399

44

32

6/30/10

Cond.

4,613

182

25

12/31/10

Oil

2,433

181

13

6/30/11

1,737

184

9

12/31/11

Cond.

1,780

178

10 6/30/12

COWDEN

5H

Gas

63,113

44

1,434

6/30/10

107,813

182

592

12/31/10

77,967

174

448

6/30/11

108,279

184

588

12/31/11

64% drop-off in 26 months

94,318

182

518 6/30/12

COWDEN

5H

Oil

1,399

44

32

6/30/10

Cond.

4,613

182

25

12/31/10

Oil

2,433

181

13

6/30/11

1,880

184

10

12/31/11

Cond.

1,639

182

9 6/30/12

COWDEN

6H

Gas

97,143

44

2,208

6/30/10

273,744

182

1,504

12/31/10

156,900

176

891

6/30/11

182,843

184

994

12/31/11

60% drop-off in 26 months

154,802

178

870 6/30/12

COWDEN

6H

Oil

1,399

44

32

6/30/10

Cond.

4,613

182

25

12/31/10

Oil

2,433

181

13

6/30/11

2,252

184

12

12/31/11

Cond.

2,022

178

11 6/30/12

CLICK HERE for more information on the Cowden wells.