Don’t tell the skeptics but Pennsylvania natural gas production is soaring and future prospects have never been better for this economic dream come true.
Pennsylvania increased its permits for natural gas drilling by 51 percent in 2017 and its rig count by 65 percent, resulting in annual natural gas production increasing by 3 percent reaching a record 15 billion cubic feet per day, second only to Texas in natural gas production. The state’s permitting and drilling activity increase is a result of expanding regional pipeline capacity, moving natural gas to market centers outside of production areas. These new sources of natural gas are adding greatly to Pennsylvania’s economy and are increasing investment in the state.
In the past, natural gas production in Pennsylvania was constrained by the lack of regional infrastructure to process and transport it out of the region. But, recently, several pipeline projects entered service including the Rockies Express Zone 3 expansion, moving natural gas westward from southwest Pennsylvania, and the Algonquin Incremental Market pipeline, primarily moving natural gas from northeastern Pennsylvania into New England. Two other projects—the Rover Pipeline Project and the NEXUS Gas Transmission Project, are expected to begin operations during the next few months.
Read more: http://naturalgasnow.org/pennsylvania-natural-gas-production-soars-good-news-everywhere/
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