Monday, February 29, 2016

IFO: PA Natural Gas Production Increased 13.4 Percent In 2015

The Independent Fiscal Office Monday released a new report showing natural gas production from Marcellus and Utica Shale wells increased production by 13.4 percent in 2015 and by 53.4 percent compared to 2013.
More than half the natural gas production was from wells opened in 2013 and 2014.  Only 20.2 percent of the wells drilling in 2015 started producing gas in 2015.  In comparison, of the wells drilled in 2013 and 2014, 89.7 percent and 67.6 percent began to produce gas.
The top 10 producing counties are (in order): Susquehanna, Bradford, Washington, Greene, Lycoming, Wyoming, Tioga, Butler, Sullivan and Westmoreland.
A copy of the report is available online.
Related Article:
IFO: DCNR Oil & Gas Lease Fund Revenues To Drop Nearly 40 Percent

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