Too many regulatory agencies are still using the term unconventional gas, which is more out of date than bell bottom pants after the shale revolution.
Once again, the Energy Information Administration is out with some fascinating facts that reveal the true scale of the there shale revolution. They also expose just how far behind the times some regulatory agencies are with their terminology. Their data demonstrates, beyond any doubt, that it’s time the term unconventional gas was consigned to the trash can. According to the EIA, hydraulically fractured horizontal wells “accounted for 69% of all oil and natural gas wells drilled in the United States and 83% of the total linear footage drilled” in 2016.”
The EIA article, appearing on their Today In Energy site this week, began with that simple but astounding fact; roughly three quarters of all new oil and gas well activity today consists of hydraulically fractured horizontal wells, yet, just yesterday I heard a Pennsylvania DEP refer to unconventional gas. No wonder, the public is confused. Here are the facts from EIA:
The combination of horizontal drilling and hydraulic fracturing has increased the rate of recent U.S. crude oil, lease condensate, and natural gas production.
Read more:
http://naturalgasnow.org/unconventional-gas-anything-shale-revolution/
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