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SynMax Intelligence

Chesapeake Adds Back Crews



Chesapeake appears to be breaking from their 2024 frac crew guidance of one crew each for the Haynesville and Marcellus and is adding back a crew in each region. This is based in part on high resolution SAR images taken yesterday which show two crews working in both the Haynesville and Marcellus.

 

A slide from CHKs Q4'24 Earning Presentation showing Frac Crew guidance being revised down to one crew in each region. 


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