Saturday, August 25, 2012

So has natural gas drilling increased in Pennsylvania?

This week EIA hightlights this look at how natural gas development has changed in Pennsylania over the last 7 years.

3 Comments:

Anonymous The Wiz said...

I guess it depends on how you define drilling. If you go by the total number of wells drilled per year then drilling has gone down since shallow wells aren't very profitable at these low natgas prices.

If you go by the number of people employed in drilling then it has gone substantially up in the seven years covered in the chart.
If you go by the total amount of natgas produced then it has gone way up as these horizontal wells produce prodigious amounts of natgas.

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