Tuesday, December 5, 2023
Tags Posts tagged with "Marcellus Shale"

Tag: Marcellus Shale

Representatives from the ODNR and Pennsylvania DEP, as well as plugging and environmental contractors, talked about the realities of plugging orphan wells during a panel at the Shale Insight Conference.

According to a new report, the natural gas industry in the Appalachian Basin hit peak production in 2022, and it won't be equaled again for decades.

An active year of drilling and high natural gas prices last year led Pennsylvania to collect the second largest amount ever in impact fee revenue from natural gas drillers.

The natural gas industry has cleaned up its act over the years. Is that enough to make it a green energy source? Troy Balderson thinks so.

The Energy Information Administration reported Sept. 1 that production in the Marcellus and Utica shales averaged 31.9 billion cubic feet per day during the first half of the year. That's the highest average for a six-month period since production began in 2008. 

Pennsylvania was within 1,000 billion cubic feet of Texas’ natural gas production levels through the second quarter of 2021, according to the Pennsylvania Independent Fiscal Office’s quarterly natural gas production report. This is the closest Pennsylvania has ever been to Texas production levels.

In 2020, 7.1 trillion cubic feet of natural gas came out of more than 10,000 unconventional wells in Pennsylvania. That’s the largest volume of natural gas produced in the state in a single year, according to the state's annual Oil and Gas Report.

Responsibly sourced natural gas is the latest attempt for oil and gas companies to show they are environmentally responsible and socially conscious, but there’s some debate as to whether it’s a green victory or it’s greenwashing.

Judge Paul S. Diamond said the dispute between the Delaware River Basin Commission, Republican lawmakers and several municipalities “is essentially political and so best resolved by the political branches of government.”

More than $146 million will be distributed from the 2020 reporting year. That's down $54 million from the previous year, according to the Pennsylvania Public Utility Commission.