Posted on 12/09/2013 7:12:29 AM PST by thackney
Production of natural gas in the Marcellus region, located in Pennsylvania and West Virginia, is expected to exceed 13 billion cubic feet per day (Bcf/d) this month, based on estimates in the U.S. Energy Information Administration's latest Drilling Productivity Report (DPR), which will be released later today. The Marcellus region, which produced less than 2 Bcf/d as recently as 2010, is expected to provide 18% of total U.S. natural gas production this month. The total natural gas production estimate is marketed production, while the DPR estimates gross withdrawals, so coming up with a precise percentage is difficult. The rise of Marcellus production in both absolute terms and as a share of total U.S. production is a key development in a rapidly evolving U.S. natural gas market.
Growth in the efficiency of new wells has largely driven the continued increase in production volumes in the region. Although the number of drilling rigs in the area has remained relatively flat in recent months, production from new wells has continued to grow. Another contributing factor to the growth in production is the increased output from previously shut-in wells or wells that were operating at reduced volume because of constraints in takeaway capacity in the region.
Recent infrastructure upgrades in West Virginia and Pennsylvania have helped boost production volumes. Production growth in the region has driven the forward price of natural gas at the Columbia Gas Transmission Appalachia hub below Louisiana's Henry Hub price, the benchmark for natural gas throughout North America. Natural gas pipeline expansion projects are expected to add at least 3.5 Bcf/d of takeaway capacity to the New York/New Jersey and Mid-Atlantic markets by 2015. Natural gas production in the region has reduced the flow of natural gas from other regions into the Northeast.
The full Drilling Productivity Report will include production estimates, rig counts, new well production, and monthly changes in production for six key oil and natural gas production regions. The report will be released later today.
Links to associated information at the source
In spite of all of New Yorks restrictions.
My state, New York.
And in my old home town area.
Buncha tools in Albany. Could be part of the boom, but noooooooooo !
The greenies have already gotten to the people. My daughter lives in Westford (NY) and the anti fracking signs outnumber natural gas signs. Many are transplanted Brooklynites and they do not get it
She should show them:
Department of Labor directly credits Marcellus shale drillers with employing 28,155 Pennsylvanians as of early 2013.
http://triblive.com/business/headlines/5070825-74/drilling-corbett-industry#ixzz2mzcI5PHb
- - - - -
Utica and Marcellus shale: Companies expect growth in 2014
http://www.farmanddairy.com/news/utica-marcellus-shale-companies-expect-growth-2014/165449.html
You don't need to work on a drilling rig to get employed by this industry.
And the head idiot in NY still won’t allow it.
“My state, New York.
And in my old home town area.
Buncha tools in Albany. Could be part of the boom, but noooooooooo !”
Gotta keep those constituents on the public dole and voting.
The Albany pogrom against upstaters continues.
“The greenies have already gotten to the people. My daughter lives in Westford (NY) and the anti fracking signs outnumber natural gas signs. Many are transplanted Brooklynites and they do not get it”
They won’t either. They see a wild success story right next door in PA and they are still stupid. The aquifers run under multiple states and they still don’t get it that there is no danger to them.
“...buncha tools in Albany....”
Wow the tools OMG
Tammnany hall ....
NPR ran a story that the water used for fracking is gone from the water table because it is so below ground that it is now gone forever.
Hello??
My Chemstry is limited and I got a C ... I admit it -— however - isn’t Oxygen going to unite with hydrogen no matter what??
Wasn’t there a steel mill that recently reopened in Youngstown, OH? I think it was the first steel mill built in the US in 40 years or something. It was because of the inexpensive natural gas.
They have successfully scared the public with their: “it pollutes the ground water” claim. Even my 85 year old mother told me that about a year ago. She still lives south of Buffalo. However, she gets her news from the ABC, NBC, CBS and The Buffalo Evening News(paper). She does not have cable or the internet.
I set her straight as gently as I could. After all she is mom.
For those who want to see a 6 minute video showing how horizontal drilling and fracking is done, Northern Gas and Oil has done a great one.
This includes a piece on how groundwater contamination is avoided:
http://www.northernoil.com/drilling-video
Knowledge is power, keep the link and pass it on.
“.. after all she is a mom...”
Of course - and my Mom is the same - they think that the news is right because they were brought up that way,
“... steel mill ...”
Yes and we had the water mills here in the northeast - the greenies might want to consider going back to water/gravity?
To get this country back we must manufacture again.
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