Gas Production Dropping Like Rocks!

Published by Damascus Citizens at August 27, 2012

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Actual Data from PA on the decline rate of fracked wells and the over-estimation of total natural gas production parallels similar data from the Barnett shale in Texas from Arthur Berman.

CLICK HERE for info on the Barnett decline rate and Chesapeake’s admission of this to its stockholders.

CLICK HERE for New York Times articles on these subjects.

CLICK HERE for a chart of over estimation.

Acutal data from PA, averaging a 65% drop-off in gas production after just 26 months!

Source: Pennsylvania DEP Production Reports
Farm Name	Well No.	Product	Vol.	Days	Avg/ Day	End Date
COWDEN	3H	Gas	68,301	44	1,552	6/30/10
			97,873	182	538	12/31/10
			81,994	181	453	6/30/11
			74,401	184	404	12/31/11
73% drop-off in 26 months			73,155	178	411	6/30/12
COWDEN	3H	Oil	1,399	44	32	6/30/10
		Cond.	4,613	182	25	12/31/10
		Oil	2,433	181	13	6/30/11
			1,680	184	9	12/31/11
		Cond.	1,132	178	6	6/30/12
COWDEN	4H	Gas	110,431	44	2,510	6/30/10
			222,230	182	1,221	12/31/10
			155,208	181	858	6/30/11
			153,301	184	833	12/31/11
66% drop-off in 26 months			150,731	178	847	6/30/12
COWDEN	4H	Oil	1,399	44	32	6/30/10
		Cond.	4,613	182	25	12/31/10
		Oil	2,433	181	13	6/30/11
			1,737	184	9	12/31/11
		Cond.	1,780	178	10	6/30/12
COWDEN	5H	Gas	63,113	44	1,434	6/30/10
			107,813	182	592	12/31/10
			77,967	174	448	6/30/11
			108,279	184	588	12/31/11
64% drop-off in 26 months			94,318	182	518	6/30/12
COWDEN	5H	Oil	1,399	44	32	6/30/10
		Cond.	4,613	182	25	12/31/10
		Oil	2,433	181	13	6/30/11
			1,880	184	10	12/31/11
		Cond.	1,639	182	9	6/30/12
COWDEN	6H	Gas	97,143	44	2,208	6/30/10
			273,744	182	1,504	12/31/10
			156,900	176	891	6/30/11
			182,843	184	994	12/31/11
60% drop-off in 26 months			154,802	178	870	6/30/12
COWDEN	6H	Oil	1,399	44	32	6/30/10
		Cond.	4,613	182	25	12/31/10
		Oil	2,433	181	13	6/30/11
			2,252	184	12	12/31/11
		Cond.	2,022	178	11	6/30/12