Guest Article: Decline Curves Demystified – Chris Acker

Chris AckerAck is back! MDN is pleased to bring you another guest post from our very good friend Chris Acker. Chris is a geological engineer with an MBA. He grew up in the oil fields of Venezuela where his father, a petroleum engineer, was a drilling contractor for all the major players, onshore and off. Chris’ interest in energy economics and policy found him working for Exxon, Petroleum Industry Research Associates and Petroleos de Venezuela. He bought a parcel of land in the PA countryside twenty-five years ago and later semi-retired to work on antique pianos (see A few years ago, it was established that Chris’ property in Susquehanna County sits atop one of the Marcellus shale’s most prolific areas. He is now happily engaged once again in energy economics, with emphasis, naturally, on gas. In this post Chris gives us the lowdown on what every landowner with a well sooner or later wants to know: How fast will production from my well peter out? It’s called a “decline curve” and Chris gives us a great understanding of the fundamentals…

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