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Chesapeake Energy recorded a decrease of 0.32% in total oil and gas production to 11,05,991.85 boe/d in November 2021 when compared with the previous month, according to GlobalData’s USL48 database.

The oil and gas production of Chesapeake Energy grew 28.26% in November 2021 from 8,62,295.23 boe/d in November 2020.

On a YTD basis, the company’s total oil and gas production increased by 25.95% from the same period in 2020.

The company’s oil production declined 1.4% to 1,26,415.63 bd in November 2021 from the previous month, while gas production declined by 0.32% to 5,616.55 mmcf/d. On a YTD basis, oil production decreased by 16.23% in 2021 when compared with the same period in 2020, while gas production rose by 36.98%. Out of the total oil and gas production in November 2021, oil production held an 11.43% share, while gas production held an 87.55% share.

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Looking at the states where Chesapeake Energy recorded the highest oil and gas production in November 2021, Pennsylvania figured at the top, accounting for a 4.28% share. The company produced 6,06,819.12 boe/d in the state in November 2021, an increase of 1.51% from the previous month.

On a YTD basis, the company produced 63,51,021.13 boe/d in Pennsylvania in 2021, recording a decrease of 32.63% from the same period in 2020.



Chesapeake Energy witnessed the highest oil and gas production in Bradford county in November 2021. Out of all the counties, Bradford county held a share of 31.1% for the firm. The company produced 3,44,011.24 boe/d in Bradford county in November 2021, an increase of 1.37% in production when compared with the previous month.

On a YTD basis, the county produced 33,83,139.16 boe/d for the company in 2021, a 45.16% increase from the same period in 2020.



Methodology

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.