The PA Marcellus production numbers were released yesterday – and the data is staggering. Production in the Marcellus for the first half of 2013 was over 1.4 trillion cubic feet of gas. To put that into perspective, it’s a production increase of 57% compared to the same six month time period from last year.
The Marcellus production is amazing and Cabot continues to show impressive numbers (if we do say so ourselves).
- Cabot has:
- The top 2 producing wells for the first six months of 2013
- 7 of the Top 10 producing wells
- 15 of the Top 20 producing wells
- 18 of the top 25 producing wells
- 22 of the Top 25 producing wells are in northeastern Pennsylvania – Susquehanna, Wyoming and Bradford
- 20 of the Top 25 producing wells are in Susquehanna County.
The last six months of Marcellus production are pretty incredible and serve as a visualization of the growth that is happening in our backyards.
For a more in-depth analysis of the data released, click on the PDF below that was put together by Stifel. It does a nice job of further breaking down the data in an easy to understand format.