Well Lateral Length | Drilling / Well Results | Top Story | Quarterly / Earnings Reports | Proppant | Fourth Quarter (4Q) Update | Key Wells | IP Rates-24 Hour | Drilling Program-Rig Count
Chesapeake Touts Record-Breaking Marcellus IP24s; Talks PRB, Eagle Ford Production
Print
|
Chesapeake Energy reported selected financial and operational results for the 2018 fourth quarter.
Marcellus - Touts Two New IP24 RecordsTwo new Lower Marcellus records were set in northern Sullivan County during Q4 due to optimized spacing and longer laterals.
The JOEGUSWA 4HC Well:
Lateral length of 13,803 feet Set an IP24 record of 62.6 Mmcf/d with a 2,600 psi flowing pressureThis well performance surpassed the current 24-hour initial production record from the McGavin well of approximately 61.8 mmcf per day.
The JOEGUSWA 5HC Well:
Lateral length of 9,808 feet Set an IP24 record of 73.4 Mmcf/d at a 3,000 psi flowing pressureWhile both wells had fracture stimulations using approximately 1,600 pounds of sand per foot of lateral, both wells were also bounded by previously…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
More IP Rates-24 Hour News
Matador Resources First Quarter 2021 Results
Matador Resources Co. reported financial and operating results for the first quarter of 2021. Joseph Wm. Foran, Matador’s Chairman and CEO, commented, “On both our website and the…
Matador Touts Lower Wolfcamp-A IPs at Boros Pad; Hits 4,500 BOEPD (60% Oil)
Matador Resources Co. reported results from its first four Boros wells completed and turned to sales in its Stateline asset area in Eddy County, New Mexico. IP Results…
Today in Completions: DJ Basin Well Hits 1,400 BOEPD IP24 (82% Oil)
Upland Exploration, Inc. has reported a company record IP from its recently completed seven-well pad in the DJ Basin. In Weld County, CO, Upland's Little Lady 22-1NH well…
Permian Basin Well Results - July 15 - 22, 2020
Back by popular demand, our weekly well results. Notable Well Results. HighPeak Energy OLDHAM 38-27 B well pad were somewhat disappointing, where the best well flowed 577 bbls…
Eagle Ford Well Results - July 21 2020
Back by popular demand. Today we resume providing weekly basins well results. You can get access to well results by going here. (requires a subscription)
Gulf Coast News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
Ascent Resources 2026: A Quiet Growth Story for Oilfield Services
Ascent Resources may not be making headlines with rig additions or dramatic well count increases, but a closer read of their March 2026 investor presentation — compared against…
Infinity Closes $1.2B Utica Upstream & Midstream Deal
Infinity Natural Resources has completed its $1.2 billion acquisition of upstream and midstream assets in the Ohio Utica Shale from Antero Resources and Antero Midstream, according to company disclosures…
Gulf Coast - South Texas News
Antero Resources Completes $2.8B Marcellus Expansion
Antero Resources Completes $2.8B Marcellus Expansion Antero Resources has completed the previously announced acquisition of upstream assets from HG Energy II, LLC, significantly expanding its core position in…
An Eagle Ford Team That Cashed Out Is Back for Another Cycle
Houston — January 15, 2026 — Lime Rock Partners, a Houston-based private investment firm specializing in upstream oil and gas, has completed an equity commitment to Athena Energy…
Silver Hill Expands South Texas Footprint with Acquisition of 1776 Energy Assets
Silver Hill Energy Partners has acquired 100 percent of 1776 Energy’s South Texas oil and gas assets, significantly expanding its operated footprint across the Eagle Ford and Austin…
This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…