The Big Three Shale Gas Plays

Attached is a chart that shows the combined production rate of the currently three largest shale plays (Barnett, Fayetteville & Haynesville) in terms of production.  Their combined production now exceeds 10 billion cubic feet of gas per day (equivalent to 1.7 million barrels of oil per day).

 

The second chart shows how the production growth rate of the Haynesville Shale has far exceeded those of the other two shale gas plays.    

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Permalink Reply by The_Baron on November 16, 2010 at 4:29
too bad Pennsyvania doesn't release data, it would be nice to see the marcellus info...
Permalink Reply by Scott on November 16, 2010 at 5:37
Baron, 

I was working up in NE PA for over a year up until 2 months ago. Right before I left, I believe the PA DEP had started requiring production reports from all operators. Now I'm not sure if they are of public record but I do believe monthly production is now being recorded. 
Permalink Reply by Les Bamburg on November 16, 2010 at 7:53
The well is still producing oil or at least it was when I visited a few years ago.
Permalink Reply by Scott on November 16, 2010 at 8:16
As of last year, it was still producing. Simply amazing.
Permalink Reply by The_Baron on November 17, 2010 at 11:01
To clarify, Pennsylvania does require reporting of oil and gas wells and production.

however. All data is by PA law held confidential for five years. Well logs are not public data either.
Permalink Reply by Scott on November 17, 2010 at 13:20
Your right Baron. I forgot that it was just held confidental for 5 years which brings me to another issue. When I was up there working, I kept hearing from a bunch of company men that the decline rates of the marcellus wells were far less than what they thought they were going to be. Anybody hearing the same thing?
Permalink Reply by essay on November 16, 2010 at 12:57
http://www.marcellusreporting.state.pa.us/OGREReports/Modules/DataE...

i totaled the marcellus production for the 12month period of july '09 and june '10 and came up with 194,558,961 mcf which gives roughly 533,000 mcfd, or 533mmcfd average daily production, if i'm doing the conversions right

it's not as helpful for comparison as the chart but gives an approximate idea of where they're at right now.
Permalink Reply by Les Bamburg on November 16, 2010 at 13:06
Essay, thanks for the information. That seems to be about the right production level.

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