PA Releases 2015 Oil & Gas Annual Report (Very Cool)
Yesterday the Pennsylvania Dept. of Environmental Protection (DEP) issued what we believe is the first-ever Oil and Gas Annual Report, covering last year (2015). We've never seen one of these reports before (full copy below). [UPDATE: MDN subscriber Michele W. wrote to tell us the DEP has been producing annual o&g reports since 2013. Thanks Michele!] Our hat is off to the DEP. This is an EXCELLENT report! It's chock full of very cool graphs and tables and useful information--in particular about the unconventional (shale) drilling industry in the state, but also about the conventional oil and gas industry in PA. At a very high level, we learn that total production of natural gas in PA for 2015 was 4.6 trillion cubic feet (Tcf), versus 4.05 Tcf in 2014--and that's with less drilling! Most of the production came from the Marcellus Shale layer, but the Utica and Point Pleasant formations are showing a noticeable uptick in production. Among the many charts and graphs is a table showing the Top 25 producers of natgas in the state (see our separate post today on that); the number of shale and conventional well permits issued, by year; number of permits issued by county in 2015 (and a table with the Top 5 counties); number of wells drilled by year for both shale and conventional; number of wells drilled by county in 2015; the list goes on! Take time to read through this fascinating report about the most productive natural gas shale play in the second highest-producing natgas state in the country...
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