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WS - Chesapeake Energy Highlights - June 30, 2020
During Q1, the most active formation in the Powder River Basin was the Turner, with 30 wells completed. The number of completions was up both sequentially and YOY compared to 14 Turner completions in 4Q19 and 23 in 1Q19. The most active operators were Chesapeake Energy (nine Turner completions), Anschutz Exploration (seven) and Devon Energy (seven).On June 28, Chesapeake Energy filed voluntary petitions for reorganization under the Chapter 11 bankruptcy code. Concurrently, the company......
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