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Drilling Activity The following table sets forth the wells we drilled or participated in during the periods indicated. In the table, "gross" refers to the total wells in which we had a working interest and "net" refers to gross wells multiplied by our working interest. Gross

2016 % Net

%

Gross

2015 % Net

%

Gross

2014 % Net

%

Development: Productive......... Dry .................... Total................

431 1 432

99 1 100

236 1 237

99 1 100

806 1 807

99 1 100

423 — 423

100 — 100

1,784 3 1,787

99 1 100

629 1 630

99 1 100

Exploratory: Productive......... Dry .................... Total................

3 — 3

100 — 100

2 — 2

100 — 100

7 — 7

100 — 100

5 — 5

100 — 100

145 8 153

95 5 100

46 6 52

88 12 100

The following table shows the wells we drilled or participated in by operating division: 2016 Gross Net Wells Wells Southern .............................................................. Northern .............................................................. Total ................................................................

375 60 435

212 27 239

2015 Gross Net Wells Wells 537 277 814

258 170 428

2014 Gross Net Wells Wells 1,448 492 1,940

As of December 31, 2016, we had 140 gross (93 net) wells in the process of being drilled or completed.

3

473 209 682

Profile for Chesapeake Energy

2016 Annual Report  

2016 Annual Report