TIL Report 4/23/24
CHK wellpad 412674 appears to have a TIL crew onsite performing a flowback operation on its two completed wells. State records, which have been posted for these wells surprisingly fast, say the pad is being prepared for production but do not explicitly confirm the wells are online. Nonetheless we are moving these wells into the TILd category.
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TIL crew on CHK wellpad 412674
SWN is also TILing wells, wellpad 448529 has a TIL crew onsite flowing back two wells.
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SWN TIL crew on wellpad 448529
A Change in Behavior
These recent TILs appear to show a change in producer behavior, especially CHK who has until recently been consistently building their NYT inventory. Now CHK has only five NYT wells left in the Haynesville. Neither company is running any frac crews at the moment, the early activity observed on 382472 , which was mentioned in our last report, did not materialize into a full frac operation and we have not detected any crews for SWN either.
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SWN wellpad 337999 after being revisited by our investigators is being reclassified as flowing. Despite no state records yet available, these wells are giving faint signs of life, while not definitive, flowing wells generate a whistling sound when in production and these wells appear to be choked but flowing. We will continue to monitor via satellite until state records confirm the status in case we are wrong.
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CHK NYT Inventory
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SWN NYT Inventory
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