Helping Clients With Their Energy and Environmental Needs

Read

PA: Natural Gas Production Increasing

By Greg Russell

The Christian Science Monitor has an interesting article on the increase in Marcellus production:  "Bentek, a Colorado company that analyzes energy trends, said 2013 production in Pennsylvania and West Virginia is up about 50 percent compared with last year. Figures for the pipelines that take gas out of the Marcellus show that in the first six months of the year, Pennsylvania produced about 1.5 trillion cubic feet of gas, with projections for a year-end total of about 3.2 trillion cubic feet. *** That yearly number translates into the equivalent of about 550 million barrels of oil."

More?  "Marcellus gas is 'actually starting to displace' production from the Gulf of Mexico in places, Oswald said. For example, when serious shale drilling started in Pennsylvania in 2008, output barely registered on a national level, and most of the Northeast relied on natural gas that was being pumped from the Gulf of Mexico or from Canada through a network of pipelines. *** Now, Marcellus gas is supplying the Pennsylvania and Northeast markets, and it's grown to be the nation's most productive gas field. Bentek expects a surplus will soon start flowing to the South and Midwest."

Read the whole thing.

Tags: Energy

Helping clients with their energy and environmental needs

You can expect to find news and breaking legal developments involving the crude oil and natural gas industries, alternative and renewable energy resources, and the latest environmental issues.