This Week’s Highlight – Chesapeake Acquires Chief O&G
The Basin Digest update presents the rig activity, product pricing, and permitting information for the six-state region referred to as the Appalachian Basin.
The Basin Digest is based primarily on data from JKPC’s Appalachian Basin Databasecovering OH, PA, WV, KY, VA, and NY. The database is derived from state-reported data and Frac Focus data and includes all horizontal wells ranging from permitted status to producing. Formations in the database include Burkett (Geneseo), Marcellus, Utica, Lower Huron, Clinton, and others.
Rig Activity Summary
The average weekly horizontal rig count based on information from Baker Hughes and Rig Data.
Product Pricing Summary
The table below presents the closing weekly prices
based on various public data sources (ERGON/DIRECT ENERGY/ICE). Diff +/- is the difference in price between
the current week and the previous week.
Permitting Summary by State
The table below presents the approved (issued) permits by week
based on various state public data sources (ODNR/PADEP/WVDEP).
The Virginia, Kentucky, and New York data has been excluded
due to little recent horizontal activity in those states.
Permit Summary Detail
for the week from January 17-23, 2022
HIGHLIGHT: Chesapeake Acquisition
Permit Summary
The graph (below) presents the approved (issued) permits by year
based on various state public data sources (ODNR / PADEP / WVDEP).
ChiefWell Count by County by Status
ChesapeakeWell Count by County by Status
Chief and Chesapeake Wells by Status
Chief and Chesapeake Wells by Operator
Chesapeake Well Count by Reservoir by Status - Combined Total
