Post Tagged with: "unconventional resources"

Pennsylvania Had Record Year for Natural Gas Production

Pennsylvania Had Record Year for Natural Gas Production

From Trib Live Pennsylvania had a record year for natural gas production in 2018, the state Department of Environmental Protection said on Wednesday. Unconventional well operators produced 6.1 trillion cubic feet of natural gas in 2018 — an increase of .8 trillion cubic feet over 2017 and the largest volume of natural gas produced in Pennsylvania in a single year, according to DEP’s 2018 Oil & Gas Annual Report. Pennsylvania is the second-largest natural gas producer in the United States, after Texas. Unconventional wells are those that access large reservoirs of underground natural gas through hydraulic fracturing, or fracking. The first unconventional natural gas well was drilled in Pennsylvania in 2004, according to DEP. Since then, production levels have steadily risen, requiring more permitting and inspection activities from DEP. DEP Secretary Patrick McDonnell said Wednesday that the agency’s internal restructuring and continued expansion of electronic tools has increased permitting and inspection[Read More…]

July 11, 2019 - 6:00 am Closing Bell Story, Energy News, Fracing, Natural Gas News
Petronas Plans 40 Years of Steady Measured Development in B.C. Montney

Petronas Plans 40 Years of Steady Measured Development in B.C. Montney

From Alaska Highway News After a hiatus of more than two years, Petronas Energy Canada Ltd. is back in the field in Northeast B.C. as it begins drilling to underpin its share of natural gas for the LNG Canada export project. However, the former Progress Energy Canada Ltd. has no plans to return to the frenetic pace of 2013-2014 when it was running nearly 30 rigs continuously in the area, Dennis Lawrence, vice-president of production, told a B.C. Montney technical session organized by the Canadian Society for Unconventional Resources (CSUR). “Every single person in Northeast B.C. was running flat out.” This time around, the pace will be more measured with the company looking at 40 years of steady rational development in Northeast B.C., he said. “That’s better for our business. It allows us to optimize, it allows us to plan properly and it is better, quite frankly, for the communities[Read More…]

December 13, 2018 - 6:00 am Canada, Closing Bell Story, Energy News, LNG