Marketed natural gas production in Pennsylvania grew by an incredible 72% from 2011 to 2012, according to the Energy Information Administration (EIA). This allowed the state to move from the seventh-largest producer to the third-largest of gas.
The EIA noted that production out of the Marcellus in 2013 could see the state surpass Louisiana as the second-largest producer, behind Texas at number one. Louisiana experienced a 2% decrease in production from 2011 to 2012, while production increased 5% in Texas largely based on growth in the Eagle Ford.
The Marcellus was also responsible for the second-largest growth by a single state during this one-year period as West Virginia production increased 37%, which moved the state into the top ten producers. Overall gas production in the Lower 48 states rose by 5% to 25 trillion cubic feet (Tcf) fro 23.7 Tcf from 2011 to 2012.
Recommended Reading
Wayangankar: Golden Era for US Natural Gas Storage – Version 2.0
2024-04-19 - While the current resurgence in gas storage is reminiscent of the 2000s —an era that saw ~400 Bcf of storage capacity additions — the market drivers providing the tailwinds today are drastically different from that cycle.
Biden Administration Criticized for Limits to Arctic Oil, Gas Drilling
2024-04-19 - The Bureau of Land Management is limiting new oil and gas leasing in the Arctic and also shut down a road proposal for industrial mining purposes.
PHX Minerals’ Borrowing Base Reaffirmed
2024-04-19 - PHX Minerals said the company’s credit facility was extended through Sept. 1, 2028.
SLB’s ChampionX Acquisition Key to Production Recovery Market
2024-04-19 - During a quarterly earnings call, SLB CEO Olivier Le Peuch highlighted the production recovery market as a key part of the company’s growth strategy.
Exclusive: The Politics, Realities and Benefits of Natural Gas
2024-04-19 - Replacing just 5% of coal-fired power plants with U.S. LNG — even at average methane and greenhouse-gas emissions intensity — could reduce energy sector emissions by 30% globally, says Chris Treanor, PAGE Coalition executive director.