Oil and natural gas are driving the U.S. economy,” says a new API survey released earlier this week. At the same time the U.S. Energy Information Administration’s monthly drilling report, found Marcellus Shale production at “record levels.” Taken together, the benefits of safe, local natural gas development – as well as the soaring production levels – equate to even more broad economic and environmental opportunities for our local communities, families and small businesses alike.
Here’s what they’re saying about these game-changing benefits:
Marcellus Shale “Leads the Way”: After Marcellus shale natural gas production topped 15 billion cubic feet per day in July, it is expected to surpass 16 billion cubic feet per day in October, the U.S. Energy Information Administration said Monday. … July was the first time Marcellus production had met the mark of 15 billion cubic feet per day. The EIA estimated that daily production in October will rise by 222 million cubic feet per day to just slightly more than 16 billion cubic feet per day. … For September, the Marcellus Shale is expected to lead the way [nationally] in daily production. (Ellwood City Ledger, 9/9/14)
Marcellus Shale Production Continues to “Reach Record Levels”: Gas production from the Marcellus Shale will continue to reach record levels through at least October, federal analysts said Monday. The EIA expects output from the country’s biggest shale play to surpass 16 billion cubic feet per day in October, continuing its climb from about 12 billion in January. The majority of that production is from wells in Pennsylvania and West Virginia. (Tribune-Review, 9/8/14)
EIA: Marcellus Projected to Exceed 16 BCF/Day: The Marcellus Shale basin is expected to produce more than 16 billion cubic feet of natural gas per day by October, according to a new projection by the U.S. EIA. According to the administration’s monthly drilling productivity report, new wells are expected to yield 752 million cubic feet per day. (Pittsburgh Business Times, 9/8/14)