United States securities and exchange commission logo May 24, 2021 James R. Webb Executive Vice President, General Counsel and Corporate Secretary CHESAPEAKE ENERGY CORP 6100 North Western Avenue Oklahoma City, OK 73118 Re: CHESAPEAKE ENERGY CORP Registration Statement on Form S-3 Filed May 17, 2021 File No. 333-256214 Dear Mr. Webb: This is to advise you that we have not reviewed and will not review your registration statement. Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Liz Packebusch, Staff Attorney, at (202) 551-8749 with any questions. Sincerely, Division of Corporation Finance Office of Energy & Transportation cc: Michael Rigdon