More Analysis of PA’s 2H 2013 Production Numbers – from NGI

The sharp editors and analysts at NGI’s Shale Daily did a deep dive on the production numbers released last week by the PA Dept. of Environmental Protection and came up with some interesting observations. Among them: production hit 3.3 trillion cubic feet for the year, which is up 1.3 Tcf from 2012 (an amazing 62% increase). Drillers added 700 new wells in the second half of 2013. Pennsylvania State University’s Marcellus Center for Outreach and Research (MCOR) estimates total production will hit 4.5 Tcf by the end of 2014.

Also among the gems are the top five Marcellus producers in 2013 (listed below), which collectively produced 60% of all output in the PA Marcellus last year…

Please Login to view this content. (Not a member? Join Today!)
Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.