Chesapeake Energy

chesapeakecover With over 14,500,000 acres net of United States onshore leasehold and 29,400,000 acres of 3-D seismic inventory, Chesapeake Energy (NYSE: CHK) is the second largest producer of natural gas in the United States. In 2Q 2011 it produced an average of approximately 3.049 billion cubic feet (86,300,000 m3) of natural gas over the previous year, making 2011 the 21st consecutive year of sequential production growth for this Fortune 500 company. Chesapeake’s corporate campus is located in Oklahoma City, Oklahoma but it also has operations in the Barnett Shale, Haynesville Shale, Marcellus Shale, Anadarko Basin, Arkoma Basin, Appalachian Basin, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast and East Texas regions of the United States. Forbes magazine recognized Chesapeake as the “Best Managed Oil-and-Gas Company” in 2007 and it was named to Fortune Magazine’s 100 Best Companies to Work For List in 2008 through 2011.
  With over 14,500,000 acres net of United States onshore leasehold and 29,400,000 acres of 3-D seismic inventory, Chesapeake Energy (NYSE: CHK) is the second largest producer of natural gas in the United States. In 2Q 2011 it produced an average of approximately 3.049 billion cubic feet (86,300,000 m3) of natural gas over the previous year, making 2011 the 21st consecutive year of sequential production growth for this Fortune 500 company. Chesapeake’s corporate campus is located in Oklahoma City, Oklahoma but it also has operations in the Barnett Shale, Haynesville Shale, Marcellus Shale, Anadarko Basin, Arkoma Basin, Appalachian Basin, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast and East Texas regions of the United States. Forbes magazine recognized Chesapeake as the “Best Managed Oil-and-Gas Company” in 2007 and it was named to Fortune Magazine’s 100 Best Companies to Work For List in 2008 through 2011.
The GOES Energy Management Systems were subsequently installed for evaluation and were independently tested for approximately one year to verify they would save energy, increase efficiency, and reduce electricity bills. After successfully passing these evaluations, Chesapeake contracted GOES to install the Energy Management Systems on their entire corporate campus consisting of over 40 buildings. (See test data below) The GOES Energy Management Systems were subsequently installed for evaluation and were independently tested for approximately one year to verify they would save energy, increase efficency, and reduce electric bills. Below is Chesapeake’s meter readings from their internal testing. As you can see in the bottom three colums, it shows the amp reduction when the product was engaged at 15:35 and taken back out at 15:39.
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