Pennsylvania ended 2017 with a bang–at least with respect to natural gas production. Yesterday, the PA Independent Fiscal Office (IFO) released their latest quarterly Natural Gas Production Report for Oct-Dec 2017 (full copy below). It shows natgas production rose 9.8% compared to the same period last year. It also shows the number of producing wells is up 9.2% from last year. Total natural gas production volume was 1,401.8 billion cubic feet (Bcf) and the number of producing wells in 4Q17 was 8,268…
Pennsylvania ended 2017 with a bang–at least with respect to natural gas production. Yesterday, the PA Independent Fiscal Office (IFO) released their latest quarterly Natural Gas Production Report for Oct-Dec 2017 (full copy below). It shows natgas production rose 9.8% compared to the same period last year. It also shows the number of producing wells is up 9.2% from last year. Total natural gas production volume was 1,401.8 billion cubic feet (Bcf) and the number of producing wells in 4Q17 was 8,268…