Posts Tagged ‘production’

Before 2000, many successful natural gas wells had been completed in the Marcellus. The yields of these wells were often unimpressive upon completion. However, many of these older wells in the Marcellus have a sustained production that decreases slowly over time. Many of them continued to produce gas for decades. A patient investor might make a profit from these low yield wells with slowly declining production rates.

For new wells drilled with the new horizontal drilling and hydraulic fracturing technologies the initial production can be much higher than what was seen in the old wells. Early production rates from some of the new wells has been over one million cubic feet of natural gas per day. The technology is so new that long term production data is not available. As with most gas wells, production rates will decline over time, however, a second hydraulic fracturing treatment could restimulate production.
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