Chesapeake Energy recorded a decrease of 2.04% in total oil and gas production to 1,171,494.64 boe/d in October 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Chesapeake Energy grew 24.55% in October 2021 from 940,594.62 boe/d in October 2020.
On a YTD basis, the company’s total oil and gas production increased by 20.63% from the same period in 2020.
The company’s oil production declined 3.06% to 131,649.06 bd in October 2021 from the previous month, while gas production declined by 1.91% to 5,964.61 mmcf/d. On a YTD basis, oil production decreased by 15.51% in 2021 when compared with the same period in 2020, while gas production rose by 29.16%. Out of the total oil and gas production in October 2021, oil production held an 11.24% share, while gas production held an 87.78% share.
Looking at the states where Chesapeake Energy recorded the highest oil and gas production in October 2021, Pennsylvania figured at the top, accounting for a 4.32% share. The company produced 588,155.17 boe/d in the state in October 2021, an increase of 0.07% from the previous month.
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On a YTD basis, the company produced 5,664,156.79 boe/d in Pennsylvania in 2021, recording a decrease of 39.79% from the same period in 2020.
Chesapeake Energy witnessed the highest oil and gas production in Bradford county in October 2021. Out of all the counties, Bradford county held a share of 28.48% for the firm. The company produced 333,652.54 boe/d in Bradford county in October 2021, an increase of 3.64% in production when compared with the previous month.
On a YTD basis, the county produced 2,995,643.7 boe/d for the company in 2021, a 44.12% increase from the same period in 2020.
All publicly announced wells data are included in this analysis, which is drawn from GlobalData’s USL48 database that provides insights into oil and gas permits and wells as disclosed by state ministry sites.
GlobalData collects the latest production data and analyses the trends when it is made available for public disclosure by state ministries. Differences, if any, between the period of activity and the article date may be attributed to delays in the issuance of data.