|
| |
 |
Potential gas production and actual gas production from Marcellus
Shale wells became a hot topic during the summer of 2011.
To wit, an SEC investigation. Financial investors need to know how accurate
the predictions are of Marcellus Shale gas reserves, and the true
productive life
of Marcellus wells.
|
|
|
While predicting gas reserves
remains just a prediction, we have tracked 193 wells at three dozen drilling
locations with actual Marcellus gas well production
numbers, to clearly show how much gas has been produced,
and more importantly, how much gas production has declined over the first
years of shale gas
production. |
|
The figures will surprise you. It has been shown that the
average productive life of a Barnett Shale well is 7.5 years.
From these early production results it looks as though these Marcellus wells may share that same short lifespan.
The trend points to a 60-percent drop in production over the first 3
years, with further declines of 8 percent per year after that.
Using that model, a Marcellus well's average productive life would
be 8 years.

Gas processing and compression north of Pittsburgh,
Pennsylvania
The statistics for
wells listed below cover a 42-month period (through
12/31/12) even though many of the wells are so new that production figures may
only cover a few months. We have expanded the DEP statistics to show
the average Mcf production per day (yellow column) making it much
easier to compare the various reporting periods. Further information
on each of these drilling units is shown on individual web pages
linked on the left navigation bar under "Marcellus Shale Wells."
“In 2009, Pennsylvania produced about 3.6 million
barrels of crude oil (1 barrel = 42 gallons) and 273
billion cubic feet of natural gas. Most oil wells in the
state produce only a few barrels of oil per week and
average gas well production is less than 13 Mcf
(thousand cubic feet) of natural gas per day (that’s
about enough gas to fuel one all-gas household for a
month). Though production per well isn’t much,
nationwide these stripper wells are an important part of
our domestic energy supply because there are hundreds of
thousands of stripper wells producing oil and gas in the
United States. In addition to the stripper wells, the
new Marcellus Shale wells are greatly increasing the
state’s total production. Production reported from
Marcellus Shale wells averages about 950 Mcf per day.”
Source: Pennsylvania DEP |
Note: The first Pennsylvania DEP
reporting period covered 12-months (7/1/09-6/30/10) while each
reporting period since then has covered a 6-month period)
|
|
Latest analysis through December 31, 2012
Gas production timeline and decline
percentages for 193
Marcellus Shale wells in Washington County, Pa.
(Chart summarizes data found below) |
 |
Below: Historical chart through June 30,
2012
Gas production timeline and
decline
percentages for 170
Marcellus Shale wells in Washington County, Pa.
(Chart summarizes data found below)
 |
|
|
|
INDIVIDUAL MARCELLUS SHALE WELLS: |
|
|
Source: Pennsylvania DEP Production
Reports |
|
Farm Name |
Well No. |
Product |
Vol. |
Days |
Avg/ Day |
End Date |
|
GUY AVOLIO |
6H |
Gas |
36,656 |
76 |
482 |
12/31/11 |
| |
|
|
68,993 |
59 |
1,169 |
6/30/12 |
|
13% drop-off in 8 months |
|
|
45,148 |
108 |
418 |
12/31/12 |
|
GUY AVOLIO |
6H |
Cond. |
3,772 |
76 |
50 |
12/31/11 |
| |
|
|
6,422 |
59 |
109 |
6/30/12 |
| |
|
Oil |
2,951 |
108 |
27 |
12/31/12 |
|
GUY AVOLIO |
8H |
Gas |
70,894 |
109 |
650 |
12/31/11 |
| |
|
|
65,458 |
67 |
977 |
6/30/12 |
|
17% drop-off in 10 months |
|
|
67,077 |
124 |
541 |
12/31/12 |
|
GUY AVOLIO |
8H |
Cond. |
6,577 |
109 |
60 |
12/31/11 |
| |
|
|
8,511 |
67 |
127 |
6/30/12 |
| |
|
Oil |
6,508 |
124 |
52 |
12/31/12 |
|
GUY AVOLIO |
10H |
Gas |
21,724 |
78 |
279 |
12/31/11 |
| |
|
|
68,216 |
61 |
1,118 |
6/30/12 |
|
0% drop-off in 8 months |
|
|
29,615 |
102 |
290 |
12/31/12 |
|
GUY AVOLIO |
10H |
Cond. |
1,865 |
78 |
24 |
12/31/11 |
| |
|
|
3,726 |
61 |
61 |
6/30/12 |
| |
|
Oil |
2,515 |
102 |
25 |
12/31/12 |
|
|
|
Source: Pennsylvania DEP Production
Reports |
|
Farm Name |
Well No. |
Product |
Vol. |
Days |
Avg/ Day |
End Date |
|
CAROL BAKER |
1H |
Gas |
75,460 |
20 |
3,773 |
6/30/10 |
| |
|
|
415,570 |
150 |
2,770 |
12/31/10 |
| |
|
|
360,670 |
181 |
1,993 |
6/30/11 |
| |
|
|
304,475 |
176 |
1,730 |
12/31/11 |
|
60% drop-off in 23.5 months |
|
|
271,927 |
182 |
1,494 |
6/30/12 |
|
64% drop-off in 29.5 months |
|
|
244,332 |
182 |
1,342 |
12/31/12 |
|
CAROL BAKER |
1H |
Oil |
181 |
2 |
90 |
6/30/10 |
| |
|
Cond. |
1,440 |
150 |
10 |
12/31/10 |
| |
|
|
410 |
181 |
2 |
6/30/11 |
| |
|
|
464 |
176 |
3 |
12/31/11 |
| |
|
|
373 |
182 |
2 |
6/30/12 |
| |
|
|
147 |
182 |
1 |
12/31/12 |
|
CAROL BAKER |
2H |
Gas |
67,991 |
20 |
3,400 |
6/30/10 |
| |
|
|
331,325 |
153 |
2,166 |
12/31/10 |
| |
|
|
298,575 |
181 |
1,650 |
6/30/11 |
| |
|
|
244,234 |
176 |
1,388 |
12/31/11 |
|
64% drop-off in 23.5 months |
|
|
224,265 |
182 |
1,232 |
6/30/12 |
|
68% drop-off in 29.5 months |
|
|
200,802 |
182 |
1,103 |
12/31/12 |
|
CAROL BAKER |
2H |
Oil |
181 |
2 |
90 |
6/30/10 |
| |
|
Cond. |
1,349 |
153 |
9 |
12/31/10 |
| |
|
|
376 |
181 |
2 |
6/30/11 |
| |
|
|
272 |
176 |
1 |
12/31/11 |
| |
|
|
240 |
182 |
1 |
6/30/12 |
| |
|
|
112 |
182 |
1 |
12/31/12 |
|
CAROL BAKER |
3H |
Gas |
75,129 |
20 |
3,756 |
6/30/10 |
| |
|
|
384,404 |
153 |
2,512 |
12/31/10 |
| |
|
|
389,359 |
181 |
2,151 |
6/30/11 |
| |
|
|
343,090 |
176 |
1,949 |
12/31/11 |
|
54.5% drop-off in 23.5
months |
|
|
310,227 |
182 |
1,705 |
6/30/12 |
|
58% drop-off in 29.5 months |
|
|
284,489 |
182 |
1,563 |
12/31/12 |
|
CAROL BAKER |
3H |
Oil |
181 |
2 |
90 |
6/30/10 |
| |
|
Cond. |
1,568 |
153 |
10 |
12/31/10 |
| |
|
|
256 |
181 |
1 |
6/30/11 |
| |
|
|
743 |
176 |
4 |
12/31/11 |
| |
|
|
231 |
182 |
1 |
6/30/12 |
| |
|
|
113 |
183 |
1 |
12/31/12 |
|
CAROL BAKER |
4H |
Gas |
0 |
0 |
0 |
6/30/10 |
| |
|
|
285,550 |
125 |
2,284 |
12/31/10 |
| |
|
|
257,040 |
181 |
1,420 |
6/30/11 |
| |
|
|
231,963 |
176 |
1,318 |
12/31/11 |
|
49.5% drop-off in 22 months |
|
|
209,963 |
182 |
1,154 |
6/30/12 |
|
55% drop-off in 28 months |
|
|
189,104 |
182 |
1,039 |
12/31/12 |
|
CAROL BAKER |
4H |
Oil |
0 |
0 |
0 |
6/30/10 |
| |
|
Cond. |
1,229 |
125 |
10 |
12/31/10 |
| |
|
|
745 |
181 |
4 |
6/30/11 |
| |
|
|
316 |
176 |
2 |
12/31/11 |
| |
|
|
244 |
182 |
1 |
6/30/12 |
| |
|
|
167 |
182 |
1 |
12/31/12 |
|
CAROL BAKER |
5H |
Gas |
0 |
0 |
0 |
6/30/10 |
| |
|
|
294,129 |
125 |
2,353 |
12/31/10 |
| |
|
|
279,567 |
181 |
1,545 |
6/30/11 |
| |
|
|
243,657 |
176 |
1,384 |
12/31/11 |
|
49% drop-off in 22 months |
|
|
219,442 |
182 |
1,206 |
6/30/12 |
|
53% drop-off in 28 months |
|
|
200,308 |
182 |
1,100 |
12/31/12 |
|
CAROL BAKER |
5H |
Oil |
0 |
0 |
0 |
6/30/10 |
| |
|
Cond. |
1,078 |
125 |
9 |
12/31/10 |
| |
|
|
1,190 |
181 |
7 |
6/30/11 |
| |
|
|
477 |
176 |
3 |
12/31/11 |
| |
|
|
314 |
182 |
2 |
6/30/12 |
| |
|
|
113 |
182 |
1 |
12/31/12 |
|
CAROL BAKER |
6H |
Gas |
0 |
0 |
0 |
6/30/10 |
| |
|
|
312,347 |
125 |
2,499 |
12/31/10 |
| |
|
|
346,388 |
181 |
1,914 |
6/30/11 |
| |
|
|
309,904 |
176 |
1,761 |
12/31/11 |
|
38% drop-off in 22 months |
|
|
280,375 |
182 |
1,541 |
6/30/12 |
|
52% drop-off in 28 months |
|
|
262,111 |
182 |
1,440 |
12/31/12 |
|
CAROL BAKER |
6H |
Oil |
0 |
0 |
0 |
6/30/10 |
| |
|
Cond. |
1,378 |
125 |
11 |
12/31/10 |
| |
|
|
1,318 |
181 |
7 |
6/30/11 |
| |
|
|
891 |
176 |
5 |
12/31/11 |
| |
|
|
569 |
182 |
3 |
6/30/12 |
| |
|
|
222 |
182 |
1 |
12/31/12 |
|
CAROL BAKER |
7H |
Gas |
71,744 |
20 |
3,587 |
6/30/10 |
| |
|
|
318,324 |
125 |
2,547 |
12/31/10 |
| |
|
|
273,583 |
181 |
1,512 |
6/30/11 |
| |
|
|
263,095 |
177 |
1,486 |
12/31/11 |
|
64% drop-off in 22.5 months |
|
|
234,889 |
182 |
1,291 |
6/30/12 |
|
67% drop-off in 28.5 months |
|
|
213,947 |
182 |
1,176 |
12/31/12 |
|
CAROL BAKER |
7H |
Oil |
181 |
2 |
90 |
6/30/10 |
| |
|
Cond. |
1,380 |
152 |
9 |
12/31/10 |
| |
|
|
465 |
181 |
3 |
6/30/11 |
| |
|
|
152 |
177 |
1 |
12/31/11 |
| |
|
|
498 |
182 |
3 |
6/30/12 |
| |
|
|
356 |
182 |
2 |
12/31/12 |
|
CAROL BAKER |
8H |
Gas |
75,042 |
20 |
3,752 |
6/30/10 |
| |
|
|
359,932 |
151 |
2,384 |
12/31/10 |
| |
|
|
297,347 |
181 |
1,643 |
6/30/11 |
| |
|
|
255,874 |
176 |
1,454 |
12/31/11 |
|
66% drop-off in 23.5 months |
|
|
230,513 |
182 |
1,267 |
6/30/12 |
|
70% drop-off in 29.5 months |
|
|
205,404 |
182 |
1,129 |
12/31/12 |
|
CAROL BAKER |
8H |
Oil |
181 |
2 |
90 |
6/30/10 |
| |
|
Cond. |
1,664 |
151 |
11 |
12/31/10 |
| |
|
|
451 |
181 |
2 |
6/30/11 |
| |
|
|
261 |
176 |
1 |
12/31/11 |
| |
|
|
195 |
182 |
1 |
6/30/12 |
| |
|
|
98 |
182 |
1 |
12/31/12 |
|
|
|
Source: Pennsylvania DEP Production
Reports |
|
Farm Name |
Well No. |
Product |
Vol. |
Days |
Avg/ Day |
End Date |
|
BEDILLION –
DAY |
1H |
Gas |
315,950 |
133 |
2,376 |
6/30/10 |
|
|
|
|
340,632 |
184 |
1,851 |
12/31/10 |
|
|
|
|
255,595 |
176 |
1,452 |
6/30/11 |
|
|
|
|
220,725 |
184 |
1,200 |
12/31/11 |
|
57% drop-off in
28.5 months |
|
|
186,104 |
182 |
1,023 |
6/30/12 |
|
60% drop-off in 34.5 months |
|
|
166,467 |
174 |
957 |
12/31/12 |
|
BEDILLION -
DAY |
1H |
Oil |
513 |
12 |
43 |
6/30/10 |
|
|
|
|
0 |
184 |
0 |
12/31/10 |
|
|
|
|
0 |
176 |
0 |
6/30/11 |
|
|
|
|
0 |
184 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
BEDILLION -
DAY |
2H |
Gas |
233,079 |
196 |
1,189 |
6/30/10 |
|
|
|
|
168,367 |
184 |
915 |
12/31/10 |
|
|
|
|
0 |
0 |
0 |
6/30/11 |
|
|
|
|
121,301 |
184 |
659 |
12/31/11 |
|
51% drop-off in
24.5 months |
|
|
104,718 |
181 |
579 |
6/30/12 |
|
55% drop-off in 30.5 months |
|
|
92,201 |
174 |
530 |
12/31/12 |
|
BEDILLION –
DAY |
2H |
Oil |
541 |
23 |
24 |
6/30/10 |
|
|
|
|
0 |
184 |
0 |
12/31/10 |
|
|
|
|
0 |
0 |
0 |
6/30/11 |
|
|
|
|
0 |
184 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
BEDILLION –
DAY |
4H |
Gas |
293,598 |
159 |
1,847 |
6/30/10 |
|
|
|
|
315,604 |
184 |
1,715 |
12/31/10 |
|
|
|
|
262,141 |
176 |
1,489 |
6/30/11 |
|
|
|
|
127,486 |
184 |
693 |
12/31/11 |
|
38% drop-off in
29 months |
|
|
207,170 |
182 |
1,138 |
6/30/12 |
|
42% drop-off in 35 months |
|
|
187,031 |
174 |
1,075 |
12/31/12 |
|
BEDILLION –
DAY |
4H |
Oil |
541 |
13 |
42 |
6/30/10 |
|
|
|
|
0 |
184 |
0 |
12/31/10 |
|
|
|
|
0 |
176 |
0 |
6/30/11 |
|
|
|
|
0 |
184 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
|
|
Source: Pennsylvania DEP Production
Reports |
|
Farm Name |
Well No. |
Product |
Vol. |
Days |
Avg/ Day |
End Date |
|
BEDNARSKI UNIT |
1H-A |
Gas |
89,845 |
65 |
1,382 |
12/31/10 |
|
|
|
|
64,072 |
47 |
1,363 |
6/30/11 |
|
|
|
|
141,935 |
179 |
793 |
12/31/11 |
50% drop-off in
15.5 months |
|
|
125,739 |
182 |
691 |
6/30/12 |
|
53% drop-off in 21.5 months |
|
|
118,435 |
184 |
644 |
12/31/12 |
|
BEDNARSKI UNIT |
1H-A |
Cond. |
851 |
65 |
13 |
12/31/10 |
|
|
|
Oil |
2,357 |
47 |
50 |
6/30/11 |
|
|
|
|
3,626 |
179 |
20 |
12/31/11 |
|
|
|
Cond. |
1,488 |
182 |
8 |
6/30/12 |
|
|
|
|
1,043 |
184 |
6 |
12/31/12 |
|
BEDNARSKI UNIT |
2H |
Gas |
126,734 |
65 |
1,950 |
12/31/10 |
|
|
|
|
27,825 |
50 |
556 |
6/30/11 |
|
|
|
|
93,305 |
183 |
510 |
12/31/11 |
73% drop-off in
15 months |
|
|
95,385 |
182 |
524 |
6/30/12 |
|
75% drop-off in 21 months |
|
|
89,003 |
184 |
484 |
12/31/12 |
|
BEDNARSKI UNIT |
2H |
Cond. |
851 |
65 |
13 |
12/31/10 |
|
|
|
Oil |
1,544 |
50 |
31 |
6/30/11 |
|
|
|
|
1,157 |
183 |
6 |
12/31/11 |
|
|
|
Cond. |
1,040 |
182 |
6 |
6/30/12 |
|
|
|
|
730 |
184 |
4 |
12/31/12 |
|
BEDNARSKI UNIT |
4H |
Gas |
0 |
0 |
0 |
12/31/10 |
|
|
|
|
0 |
0 |
0 |
6/30/11 |
|
|
|
|
397,313 |
157 |
2,531 |
12/31/11 |
32% drop-off in
11 months |
|
|
312,519 |
182 |
1,717 |
6/30/12 |
|
42% drop-off in 17 months |
|
|
271,238 |
184 |
1,474 |
12/31/12 |
|
BEDNARSKI UNIT |
4H |
Cond. |
0 |
0 |
0 |
12/31/10 |
|
|
|
Oil |
0 |
0 |
0 |
6/30/11 |
|
|
|
|
6,576 |
157 |
42 |
12/31/11 |
|
|
|
Cond. |
3,715 |
182 |
20 |
6/30/12 |
|
|
|
|
2,607 |
184 |
14 |
12/31/12 |
|
BEDNARSKI UNIT |
5H |
Gas |
0 |
0 |
0 |
12/31/10 |
|
|
|
|
124,000 |
49 |
2,531 |
6/30/11 |
|
|
|
|
292,084 |
162 |
1,803 |
12/31/11 |
45.5% drop-off in
13 months |
|
|
251,042 |
182 |
1,379 |
6/30/12 |
|
53% drop-off in 19 months |
|
|
220,275 |
184 |
1,197 |
12/31/12 |
|
BEDNARSKI UNIT |
5H |
Cond. |
0 |
0 |
0 |
12/31/10 |
|
|
|
Oil |
3,684 |
49 |
80 |
6/30/11 |
|
|
|
|
6,029 |
162 |
37 |
12/31/11 |
|
|
|
Cond. |
3,270 |
182 |
18 |
6/30/12 |
|
|
|
|
2,294 |
184 |
12 |
12/31/12 |
|
BEDNARSKI UNIT |
6H |
Gas |
0 |
0 |
0 |
12/31/10 |
|
|
|
|
120,011 |
50 |
2,400 |
6/30/11 |
|
|
|
|
344,768 |
175 |
1,970 |
12/31/11 |
41.5% drop-off in
13.5 months |
|
|
255,749 |
182 |
1,405 |
6/30/12 |
|
50% drop-off in 19.5 months |
|
|
221,318 |
184 |
1,203 |
12/31/12 |
|
BEDNARSKI UNIT |
6H |
Cond. |
0 |
0 |
0 |
12/31/10 |
|
|
|
Oil |
3,333 |
50 |
67 |
6/30/11 |
|
|
|
|
4,670 |
175 |
27 |
12/31/11 |
|
|
|
Cond. |
2,526 |
182 |
14 |
6/30/12 |
|
|
|
|
1,773 |
184 |
10 |
12/31/12 |
|
BEDNARSKI UNIT |
7H |
Gas |
0 |
0 |
0 |
12/31/10 |
|
|
|
|
39,373 |
27 |
1,458 |
6/30/11 |
|
|
|
|
391,146 |
172 |
2,274 |
12/31/11 |
30% drop-off in
12 months |
|
|
287,054 |
182 |
1,577 |
6/30/12 |
|
41% drop-off in 18 months |
|
|
245,744 |
184 |
1,336 |
12/31/12 |
|
BEDNARSKI UNIT |
7H |
Cond. |
0 |
0 |
0 |
12/31/10 |
|
|
|
Oil |
1,498 |
27 |
55 |
6/30/11 |
|
|
|
|
5,911 |
172 |
34 |
12/31/11 |
|
|
|
Cond. |
3,418 |
182 |
19 |
6/30/12 |
|
|
|
|
2,399 |
184 |
13 |
12/31/12 |
|
BEDNARSKI UNIT |
8H |
Gas |
0 |
0 |
0 |
12/31/10 |
|
|
|
|
71,345 |
50 |
1,427 |
6/30/11 |
|
|
|
|
155,047 |
116 |
1,337 |
12/31/11 |
34.5% drop-off in
11.5 months |
|
|
170,127 |
182 |
935 |
6/30/12 |
|
42% drop-off in 17.5 months |
|
|
152,148 |
184 |
827 |
12/31/12 |
|
BEDNARSKI UNIT |
8H |
Cond. |
0 |
0 |
0 |
12/31/10 |
|
|
|
Oil |
1,498 |
50 |
30 |
6/30/11 |
|
|
|
|
2,469 |
174 |
14 |
12/31/11 |
|
|
|
Cond. |
1,486 |
182 |
8 |
6/30/12 |
|
|
|
|
1,043 |
184 |
6 |
12/31/12 |
|
BEDNARSKI UNIT |
9H |
Gas |
0 |
0 |
0 |
12/31/10 |
|
|
|
|
0 |
0 |
0 |
6/30/10 |
|
|
|
|
155,047 |
116 |
1,337 |
12/31/11 |
23.5% drop-off in
10 months |
|
|
186,619 |
182 |
1,023 |
6/30/12 |
|
42% drop-off in 16 months |
|
|
167,255 |
184 |
909 |
12/31/12 |
|
BEDNARSKI UNIT |
9H |
Cond. |
0 |
0 |
0 |
12/31/10 |
|
|
|
|
0 |
0 |
0 |
6/30/10 |
|
|
|
|
2,066 |
116 |
18 |
12/31/11 |
|
|
|
Cond. |
2,229 |
182 |
12 |
6/30/12 |
|
|
|
|
1,564 |
184 |
8 |
12/31/12 |
|
|
|
Source: Pennsylvania DEP
Production Reports |
|
Name |
Well No. |
Product |
Vol. |
Days |
Avg/ Day |
End Date |
|
BEST |
1H |
Gas |
706,894 |
290 |
2,438 |
6/30/10 |
| |
|
|
349,688 |
184 |
1,900 |
12/31/10 |
| |
|
|
208,361 |
155 |
1,344 |
6/30/11 |
| |
|
|
204,968 |
183 |
1,120 |
12/31/11 |
|
58% drop-off in 31
months |
|
|
186,788 |
182 |
1,026 |
6/30/12 |
|
61% drop-off in 37 months |
|
|
175,524 |
183 |
959 |
12/31/12 |
|
BEST |
1H |
Oil |
8,119 |
260 |
31 |
6/30/10 |
| |
|
Cond. |
2,512 |
184 |
14 |
12/31/10 |
| |
|
Oil |
1,734 |
155 |
11 |
6/30/11 |
| |
|
|
1,507 |
183 |
8 |
12/31/11 |
| |
|
|
1,366 |
182 |
7 |
6/30/12 |
| |
|
|
1,117 |
183 |
6 |
12/31/12 |
|
BEST |
2H |
Gas |
602,831 |
267 |
2,258 |
6/30/10 |
| |
|
|
292,151 |
184 |
1,588 |
12/31/10 |
| |
|
|
230,437 |
157 |
1,468 |
6/30/11 |
| |
|
|
225,803 |
184 |
1,227 |
12/31/11 |
|
51% drop-off in 32
months |
|
|
200,320 |
182 |
1,101 |
6/30/12 |
|
55% drop-off in 38 months |
|
|
185,252 |
183 |
1,012 |
12/31/12 |
|
BEST |
2H |
Oil |
8,731 |
272 |
32 |
6/30/10 |
| |
|
Cond. |
3,525 |
184 |
19 |
12/31/10 |
| |
|
Oil |
2,844 |
157 |
18 |
6/30/11 |
| |
|
|
3,213 |
184 |
17 |
12/31/11 |
| |
|
|
2,677 |
182 |
15 |
6/30/12 |
| |
|
|
2,384 |
183 |
13 |
12/31/12 |
|
BEST |
3H |
Gas |
589,481 |
290 |
2,033 |
6/30/10 |
| |
|
|
252,629 |
184 |
1,373 |
12/31/10 |
| |
|
|
197,714 |
157 |
1,259 |
6/30/11 |
| |
|
|
158,285 |
183 |
865 |
12/31/11 |
|
61.5% drop-off in 33
months |
|
|
142,491 |
182 |
783 |
6/30/12 |
|
66% drop-off in 39 months |
|
|
126,336 |
183 |
690 |
12/31/12 |
|
BEST |
3H |
Oil |
4,149 |
262 |
16 |
6/30/10 |
| |
|
Cond. |
638 |
184 |
3 |
12/31/10 |
| |
|
Oil |
531 |
157 |
3 |
6/30/11 |
| |
|
|
456 |
183 |
2 |
12/31/11 |
| |
|
|
427 |
182 |
2 |
6/30/12 |
| |
|
|
261 |
183 |
1 |
12/31/12 |
|
BEST |
5H |
Gas |
456,120 |
295 |
1,546 |
6/30/10 |
| |
|
|
113,981 |
183 |
623 |
12/31/10 |
| |
|
|
141,240 |
165 |
856 |
6/30/11 |
| |
|
|
130,323 |
183 |
712 |
12/31/11 |
|
59% drop-off in 33
months |
|
|
116,180 |
182 |
638 |
6/30/12 |
|
62% drop-off in 39 months |
|
|
106,716 |
183 |
583 |
12/31/12 |
|
BEST |
5H |
Oil |
4,144 |
282 |
15 |
6/30/10 |
| |
|
Cond. |
478 |
183 |
3 |
12/31/10 |
| |
|
Oil |
833 |
165 |
5 |
6/30/11 |
| |
|
|
415 |
183 |
2 |
12/31/11 |
| |
|
|
336 |
182 |
2 |
6/30/12 |
| |
|
|
275 |
183 |
2 |
12/31/12 |
|
BEST |
6H |
Gas |
556,745 |
290 |
1,954 |
6/30/10 |
| |
|
|
238,306 |
184 |
1,295 |
12/31/10 |
| |
|
|
128,390 |
120 |
1,070 |
6/30/11 |
| |
|
|
145,854 |
184 |
793 |
12/31/11 |
|
63.5% drop-off in 32 months |
|
|
129,831 |
182 |
713 |
6/30/12 |
|
66% drop-off in 38 months |
|
|
121,306 |
183 |
663 |
12/31/12 |
|
BEST |
6H |
Oil |
4,016 |
269 |
15 |
6/30/10 |
| |
|
Cond. |
886 |
184 |
5 |
12/31/10 |
| |
|
Oil |
332 |
120 |
3 |
6/30/11 |
| |
|
|
518 |
184 |
3 |
12/31/11 |
| |
|
|
403 |
182 |
2 |
6/30/12 |
| |
|
|
278 |
183 |
2 |
12/31/12 |
|
BEST |
7H |
Gas |
556,745 |
290 |
1,920 |
6/30/10 |
| |
|
|
190,612 |
183 |
1,042 |
12/31/10 |
| |
|
|
171,909 |
157 |
1,095 |
6/30/11 |
| |
|
|
97,577 |
166 |
588 |
12/31/11 |
|
68.5% drop-off in 32
months |
|
|
109,741 |
182 |
603 |
6/30/12 |
|
70% drop-off in 38 months |
|
|
106,399 |
183 |
581 |
12/31/12 |
|
BEST |
7H |
Oil |
4,398 |
269 |
16 |
6/30/10 |
| |
|
Cond. |
1,470 |
183 |
8 |
12/31/10 |
| |
|
Oil |
1,817 |
157 |
12 |
6/30/11 |
| |
|
|
460 |
166 |
3 |
12/31/11 |
| |
|
|
522 |
182 |
3 |
6/30/12 |
| |
|
|
410 |
183 |
2 |
12/31/12 |
|
|
|
Pennsylvania DEP Production
Reports |
|
Farm Name |
Well No. |
Product |
Vol. |
Days |
Avg/ Day |
End Date |
|
BIGLEY UNIT |
1H |
Gas |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
527,048 |
81 |
6,507 |
6/30/12 |
|
65% drop-off in 9 months |
|
|
421,534 |
184 |
2,291 |
12/31/12 |
|
BIGLEY UNIT |
1H |
Oil |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
BIGLEY UNIT |
3H |
Gas |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
459,163 |
79 |
5,812 |
6/30/12 |
|
56% drop-off in 9 months |
|
|
471,530 |
184 |
2,563 |
12/31/12 |
|
BIGLEY UNIT |
3H |
Oil |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
BIGLEY UNIT |
4H |
Gas |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
512,356 |
82 |
6,248 |
6/30/12 |
|
57% drop-off in 9 months |
|
|
491,783 |
184 |
2,673 |
12/31/12 |
|
BIGLEY UNIT |
4H |
Oil |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
BIGLEY UNIT |
5H |
Gas |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
492,668 |
82 |
6,008 |
6/30/12 |
|
56% drop-off in 9 months |
|
|
488,886 |
184 |
2,657 |
12/31/12 |
|
BIGLEY UNIT |
5H |
Oil |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
BIGLEY UNIT |
6H |
Gas |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
518,466 |
79 |
6,563 |
6/30/12 |
|
55% drop-off in 9 months |
|
|
546,610 |
184 |
2,971 |
12/31/12 |
|
BIGLEY UNIT |
6H |
Oil |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
BIGLEY UNIT |
7H |
Gas |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
570,274 |
85 |
6,709 |
6/30/12 |
|
56% drop-off in 9 months |
|
|
546,610 |
184 |
2,971 |
12/31/12 |
|
BIGLEY UNIT |
7H |
Oil |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
BIGLEY UNIT |
8H |
Gas |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
482,736 |
83 |
5,816 |
6/30/12 |
|
56% drop-off in 9 months |
|
|
471,530 |
184 |
2,563 |
12/31/12 |
|
BIGLEY UNIT |
8H |
Oil |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
BIGLEY UNIT |
9H |
Gas |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
617,726 |
88 |
7,020 |
6/30/12 |
|
63% drop-off in 9 months |
|
|
471,527 |
184 |
2,563 |
12/31/12 |
|
BIGLEY UNIT |
9H |
Oil |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
BIGLEY UNIT |
10H |
Gas |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
664,385 |
83 |
8,005 |
6/30/12 |
|
63% drop-off in 9 months |
|
|
546,610 |
184 |
2,971 |
12/31/12 |
|
BIGLEY UNIT |
10H |
Oil |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
|
|
|
12/31/12 |
|
BIGLEY UNIT |
11H |
Gas |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
469,253 |
72 |
6,517 |
6/30/12 |
|
59% drop-off in 9 months |
|
|
492,011 |
184 |
2,674 |
12/31/12 |
|
BIGLEY UNIT |
11H |
Oil |
0 |
0 |
0 |
12/31/11 |
|
|
|
|
- |
- |
- |
6/30/12 |
|
|
|
|
- |
- |
- |
12/31/12 |
|
|
|
Source: Pennsylvania DEP Production
Reports |
|
Farm Name |
Well No. |
Product |
Vol. |
Days |
Avg/ Day |
End Date |
|
WILLIAM BLACK |
1H |
Gas |
25,384 |
10 |
2,538 |
12/31/11 |
|
58% drop-off in 6 months |
|
|
192,118 |
179 |
1,073 |
6/30/12 |
|
66% drop-off in 12 months |
|
|
153,872 |
184 |
836 |
12/31/12 |
|
WILLIAM BLACK |
1H |
Oil |
1,058 |
10 |
106 |
12/31/11 |
|
|
|
|
0 |
0 |
0 |
6/30/12 |
|
|
|
|
3,047 |
184 |
17 |
12/31/12 |
|
WILLIAM BLACK |
2H |
Gas |
27,119 |
10 |
2,712 |
12/31/11 |
|
57% drop-off in 6 months |
|
|
210,841 |
179 |
1,178 |
6/30/12 |
|
67% drop-off in 12 months |
|
|
164,422 |
184 |
894 |
12/31/12 |
|
WILLIAM BLACK |
2H |
Oil |
1,357 |
10 |
136 |
12/31/11 |
|
|
|
|
4,046 |
179 |
23 |
6/30/12 |
|
|
|
|
2,549 |
184 |
14 |
12/31/12 |
|
WILLIAM BLACK |
3H |
Gas |
32,122 |
10 |
3,212 |
12/31/11 |
|
53% drop-off in 6 months |
|
|
271,212 |
179 |
1,515 |
6/30/12 |
|
64% drop-off in 12 months |
|
|
213,864 |
184 |
1,162 |
12/31/12 |
|
WILLIAM BLACK |
3H |
Oil |
1,151 |
10 |
115 |
12/31/11 |
|
|
|
|
6,360 |
179 |
36 |
6/30/12 |
|
|
|
|
3,745 |
184 |
20 |
12/31/12 |
|
WILLIAM BLACK |
4H |
Gas |
202 |
10 |
20 |
12/31/11 |
|
|
|
|
259,193 |
179 |
1,448 |
6/30/12 |
|
31% drop-off in 12 months |
|
|
184,892 |
184 |
1,005 |
12/31/12 |
|
WILLIAM BLACK |
4H |
Oil |
44 |
10 |
4 |
12/31/11 |
|
|
|
|
7,885 |
179 |
44 |
6/30/12 |
|
|
|
|
3,765 |
184 |
20 |
12/31/12 |
|
WILLIAM BLACK |
5H |
Gas |
21,828 |
10 |
2,182 |
12/31/11 |
|
45% drop-off in 6 months |
|
|
214,821 |
179 |
1,200 |
6/30/12 |
|
57% drop-off in 12 months |
|
|
171,742 |
184 |
933 |
12/31/12 |
|
WILLIAM BLACK |
5H |
Oil |
617 |
10 |
62 |
12/31/11 |
|
|
|
|
4,123 |
179 |
23 |
6/30/12 |
|
|
|
|
3,073 |
184 |
17 |
12/31/12 |
|
WILLIAM BLACK |
7H |
Gas |
15,150 |
10 |
1,515 |
12/31/11 |
|
20% drop-off in 6 months |
|
|
214,206 |
176 |
1,217 |
6/30/12 |
|
43% drop-off in 12 months |
|
|
159,535 |
184 |
867 |
12/31/12 |
|
WILLIAM BLACK |
7H |
Oil |
643 |
10 |
64 |
12/31/11 |
|
|
|
|
6,012 |
176 |
34 |
6/30/12 |
|
|
|
|
4,572 |
184 |
25 |
12/31/12 |
|
WILLIAM BLACK |
8H |
Gas |
18,703 |
10 |
1,870 |
12/31/11 |
|
48% drop-off in 6 months |
|
|
172,439 |
179 |
963 |
6/30/12 |
|
65% drop-off in 12 months |
|
|
120,591 |
184 |
655 |
12/31/12 |
|
WILLIAM BLACK |
8H |
Oil |
706 |
10 |
71 |
12/31/11 |
|
|
|
|
5,168 |
179 |
29 |
6/30/12 |
|
|
|
|
3,387 |
184 |
18 |
12/31/12 |
|
WILLIAM BLACK |
9H |
Gas |
22,240 |
10 |
2,224 |
12/31/11 |
|
52% drop-off in 6 months |
|
|
190,689 |
179 |
1,065 |
6/30/12 |
|
62% drop-off in 12 months |
|
|
156,507 |
184 |
851 |
12/31/12 |
|
WILLIAM BLACK |
9H |
Oil |
1,401 |
10 |
140 |
12/31/11 |
|
|
|
|
5,722 |
179 |
32 |
6/30/12 |
|
|
|
|
4,572 |
184 |
25 |
12/31/12 |
|
|
|
Source: Pennsylvania DEP Production
Reports |
|
Farm Name |
Well No. |
Product |
Vol. |
Days |
Avg/ Day |
End Date |
|
CHAPPEL UNIT |
1H |
Gas |
349,842 |
128 |
2,733 |
6/30/11 |
| |
|
|
346,043 |
184 |
1,881 |
12/31/11 |
|
41% drop-off in 16 months |
|
|
279,831 |
174 |
1,608 |
6/30/12 |
|
47% drop-off in 22 months |
|
|
245,006 |
168 |
1,458 |
12/31/12 |
|
CHAPPEL UNIT |
1H |
Oil |
5,984 |
128 |
47 |
6/30/11 |
| |
|
|
4,761 |
184 |
26 |
12/31/11 |
| |
|
|
2,797 |
174 |
16 |
6/30/12 |
| |
|
|
1,836 |
168 |
11 |
12/31/12 |
|
CHAPPEL UNIT |
2H |
Gas |
321,686 |
129 |
2,494 |
6/30/11 |
| |
|
|
299,901 |
184 |
1,630 |
12/31/11 |
|
41% drop-off in 16 months |
|
|
260,141 |
178 |
1,461 |
6/30/12 |
|
47% drop-off in 22 months |
|
|
243,081 |
184 |
1,321 |
12/31/12 |
|
CHAPPEL UNIT |
2H |
Oil |
5,824 |
129 |
45 |
6/30/11 |
| |
|
|
3,328 |
184 |
18 |
12/31/11 |
| |
|
|
2,347 |
178 |
| | |