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What’s New in Chesapeake Energy’s Marcellus Operations?

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Operational update: Marcellus

In the Marcellus region, Chesapeake Energy (CHK) placed the McGavin well with a 10,429-foot lateral on production. The company noted that after six days, this well had already reached a peak of 61.0 million cubic feet of gas per day, the highest-rate well the company had ever operated in its history and, according to the company, “possibly the highest-rate well ever recorded in Northeast Pennsylvania.”

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Gross productive capacity for Marcellus

In its 2Q17 press release, CHK noted that it has approximately 2.2 Bcf (billion cubic feet) of gas per day of gross productive capacity in the Marcellus Shale. It expects to maintain its gross production in line with its total capacity through the rest of the year, depending on natural gas prices.

In the second half of 2017, Chesapeake plans to place on production up to 40 wells in the Marcellus Shale compared to 11 wells in the first half of 2017. The company also plans to test enhanced completions in many of these wells.

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