Chesapeake Plans to Place 80 Wells into “Suspended Animation”

In early March, MDN told you about a new strategy by Chesapeake Energy to drill new shale gas wells but leave them offline (see Chesapeake Brings Japanese “Just in Time” Concept to Gas Wells). As we explained in that article, Chessy is doing more than drilling DUCs (drilled but uncompleted wells). They are actually completing the wells but not "turning them inline" (or TILs), meaning they aren't yet connected to the pipeline network. The wells are ready to go except for turning them on. We now have a better idea of how many of these "suspended animation" wells Chessy plans to drill in 2024.

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