Haynesville Update

Business Unit Snapshot (2Q’23):

(1) A non-GAAP measure as defined on our website.

Haynesville Operations:

• Currently operating five drilling rigs in northwest Louisiana.
• Currently operating one frac crew.
• Continuous pumping technology employed in 2023 has led to a greater than 20% increase in efficiencies relative to previous zipper operations.​

Get to Know CHK Water Foreman Hunter Knighton

In each issue of the newsletter, we’ll introduce you to a member of our team working in the local area to help you get to know your Chesapeake neighbors. Our first feature is on Water Foreman Hunter Knighton.

Hunter started his career at Chesapeake as a lease operator before becoming a water foreman in our Haynesville operations.

As a water foreman, his main focus is overseeing saltwater transportation and disposal throughout our Haynesville operations. The role was created to have a central point of contact for all things related to produced water management. Having this centralized position allows Chesapeake to take a big picture approach to how water is managed. This means finding efficiencies in our contractor list, strengthening our relationships and having consistency with truck availability.

Hunter was born in Arkansas but has lived in Louisiana since childhood.

“It’s home for many of us — most of our guys grew up around here. We know the community and our landowners, many of them have my phone number and call me if there’s a question,” he said. “We also all really care about the environment, even more so since it’s our home. We have a strong sense of responsibility for this community — we’re invested and involved in it. For example, one of my goals is trying to reduce truck traffic and noise for our neighbors by installing pipelines and exploring water reuse.”

Outside of work, Hunter enjoys spending time with his family — his wife and two daughters, 8 and 10 years old. They enjoy camping together, spending time outdoors and cooking. He also likes to hunt and fish.​

Growing in Mansfield

Construction recently began on Chesapeake’s new addition to its Mansfield office.

The addition will be approximately 9,100 square feet and will consist of 14 new offices and a common briefing/meeting room that will accommodate 200 people.

There will also be the appropriate supporting storage space and restrooms for the large meeting space.

The building is scheduled to be completed in May 2024.

Employees delivered pallets of water to eight cooling centers throughout Caddo Parish and provided a cooling trailer in North Caddo Parish at the Earl Williamson Park.

Additionally, the team worked with company vendor CNC Oilfield Services to help Holy Angels Residential Living Facility clear debris from the main areas, parking lots, playgrounds and walkways to ensure safety for residents and continued operations for the facility.

“Supporting our communities is extremely important to us at Chesapeake, so when we there’s a need, we want to do what we can to help,” said Michelle Cavanaugh, community affairs in the Haynesville. “We’re glad to be able to offer support and are thankful that there were no injuries from the storm.” 

Meeting with the Community

We hosted several community meetings this summer in the Caddo, DeSoto, Red River and Sabine parishes. We loved getting to meet face to face with local officials and stakeholders in the area to share highlights of our Haynesville operations and answer questions​.

ESG Update

• Achieved 100% RSG across two major basins: Chesapeake is the first company to certify its natural gas production across two major basins as Responsibly Sourced Gas (RSG). The company delivers approximately 6 bcf/d of gross operated produced volumes of RSG.
• Hired first Chief Sustainability Officer: Reporting directly to the CEO, our Chief Sustainability Officer Usha Turner leads the company’s sustainability strategy and reporting, among other responsibilities. An environmental engineer by training, she brings to the role extensive experience from within the energy industry.
• Improved safety performance across entire workforce: Through focused training and increased safety programs, Chesapeake lowered its employee, contractor and combined (employee and contractor) Total Recordable Incident Rate and Lost-Time Incident Rate. Contractor safety rates improved by approximately 50% year-over-year.
• Enhanced stakeholder relations: Creating multiple communications channels for stakeholders was a priority for Chesapeake in 2022. The company created dedicated stakeholder engagement teams by asset, adopted new technology to better track community engagement and hosted in-person meetings throughout our assets.

Visit our website to view the full 2022 Sustainability Report. For more information on our sustainability efforts, visit chk.com/sustainability, and stay up to date on Chesapeake employees’ related activities on ESG News.