oil & gas assets

Eastern Scout

Serving the local market with drilling activities, permits & multiple listings

Eastern Scout
PLS's new Eastern Scout covers local drilling activity, permit data, rig activity and completions in the Eastern region (Pennsylvania, Ohio & West Virginia). Like all of PLS's Regionals this report includes a wealth of statistical analysis on activities and corporate performance. The reports also layer select advertising, business opportunities and multiple listings for sale.

  • Stay in front of local prospects, plays & rigs!
  • Pennsylvania, Ohio & West Virginia
  • Hard Copy and Email For 1 Individual
  • Every 3 to 4 Weeks (15 issues per year)
  • Regional discoveries, drilling activity, permits,
    completions and summary drilling statistics, layered
    with regional listings and business opportunities
  • Web access to the Eastern Scout archive
  • Does not include access to MLS

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News Date
Southwestern looks to SW Appalachia for 2019 growth
Southwestern Energy will focus all of its capital on Appalachia in 2019 following the divestment of its Fayetteville assets to Flywheel Energy for ~$1.9 billion and its more recent sale of 100,000 acres in northern Louisiana and southern Arkansas to Velandera Energy Partners. The company plans to spend $1.08-1.18 billion during 2019, down by $120 million compared with 2018 and by $200 million compared with the initial 2019 plan announced in early September at the time of the Fayetteville sale....
Feb 12, 2019
EQT Corp lowers capex for 2019, will maintain output
EQT announced plans for 2019 that are expected to deliver production growth, free cash flow and considerable costs reductions. In the Marcellus, EQT plans to spud 106 net wells this year, with laterals averaging 12,250 ft. By state, 91 net wells with 13,200-ft laterals will be drilled in Pennsylvania, and 15 net wells with 6,500-ft laterals will be drilled in West Virginia. The company will also turn to sales 124 net Marcellus wells with 10,300-ft laterals. In the Utica, EQT plans to spud 20...
Feb 12, 2019
ES - Regional Highlights - February 12, 2019
The EIA projects that Appalachia production in February will average 31.569 Bcf/d and 159,000 bo/d, up by 232 MMcf/d and 3,000 bo/d compared to January. There are 529 DUCs in Appalachia as of December, down by 27...
Feb 12, 2019
ES - Chesapeake Highlights - February 12, 2019
Chesapeake Energy completed two excellent Marcellus wells in Bradford County, Pennsylvania, at the end of December. The Ramblinrose #2H (6,320-ft lateral; 45 stages) tested at an initial 24-hour rate of 44.6 MMcf/d and the Hattie S Bra #2H (3,566-ft lateral; 23 stages) flowed 44.0 MMcf/d. The Ramblinrose well had the highest IP24 on record for Bradford County, and both wells were within Chesapeake’s top five for the...
Feb 12, 2019
ES - CNX Resources Highlights - February 12, 2019
CNX Resources grew 2018 production 18% YOY to 1.32 Bcfe/d, adjusted for divested assets. The company plans to grow 2019 output 5% at midpoint, with guidance set at 1.36-1.41 Bcfe/d. Capex will be $1.00- 1.08 billion, which is relatively flat...
Feb 12, 2019
ES - Range Resources Highlights - February 12, 2019
During 2018, Range Resources added 3.1 Tcfe of proved reserves through the drill-bit, driven by 3.0 Tcfe from Marcellus development. Proved reserves at YE18 were booked at 18.1 Tcfe (30% NGLs, 3% oil), up by 2.8 Tcfe or 18% YOY. Proved developed reserves accounted for 54% of the...
Feb 12, 2019
ES - Williams Highlights - February 12, 2019
William’s Transco pipeline delivered a record-breaking 15.68 Bcf/d on Jan. 21. The new peak-day mark surpasses the previous high that was set on Jan. 5, 2018. The Transco system, which stretches from South Texas to New York City, also established a new three-day market area delivery record, averaging 15.30 Bcf/d from Jan. 30 to Feb. 1,...
Feb 12, 2019
ES - Kinder Morgan Highlights - February 12, 2019
Kinder Morgan gained FERC approval to begin introducing gas into its Elba Island LNG export facility in Savannah, Georgia. When the plant reaches full capacity, it will export 2.5...
Feb 12, 2019
Chesapeake Energy tests Marcellus horizontals over 70 MMcf/d
Chesapeake Energy’s Q4 D&C activity yielded record-setting Lower Marcellus wells in northeast Pennsylvania. Two horizontals in Sullivan County, Pennsylvania, broke the prior record in the play, which was also held by Chesapeake. The Joeguswa 4HC was completed with a 13,803-ft lateral and tested at a peak 24- hour IP rate of 62.6 MMcf/d at 2,600 psi flowing tubing pressure. It was Subsequently upstaged by a well on the same lease, the Joeguswa 5HC, which flowed a peak of 73.4 MMcf/d at 3,000...
Jan 22, 2019
Antero to boost output 17-20% while dropping to 4 frac crews
Thanks to efficiency improvements in its development program, Antero Resources expects to grow production 17-20% YOY to 3.15-3.25 Bcfe/d this year despite running just four completion crews instead of the five to six it employed in 2018. The company plans to operate five rigs on average and complete 115-125 wells with laterals averaging 10,200 ft as well as 120-130 wells with laterals averaging 11,900 ft. Between 2014 and 3Q18, Antero achieved substantial D&C efficiencies, including a...
Jan 22, 2019

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