Actually, Pennsylvania gas production jumped an incredible 50% in the last 12 months and another big jump in production is coming:
"The number of backlogged wells in Pennsylvania's Marcellus Shale grew even as the number of rigs working the play dropped, Barclays Bank said Friday, setting the stage of another year of explosive production growth."
http://www.platts.com/latest-news/natural-gas/washington/marcellus-well-backlog-grows-in-pa-but-production-21465408?sf644021=1.
Pennsylvania is already likely to produce more than 3 trillion cubic feet in 2013, and its production surged 50% in the last year. Yet, with 1,500 backlogged wells getting ready to be connected, Pennsylvania's production may hit 4 trillion cubic feet for a 12 month period during the next 18 months.
My energy plans are at www.hangerforgovernor.com, including my policies for world class gas drilling regulation and enforcement.
No comments:
Post a Comment