Quarterly report shows natural gas production in Pa. is slowing
Tuesday, June 2, 2020
A new report from the Pennsylvania Independent Fiscal Office has reported a 6.8% increase in quarterly natural gas production, according to Kallanish Energy.
The report stated production increased to 1,766 billion cubic feet in the first quarter of 2020, compared to 1,654 billion cubic feet during the same period in 2019.
The 6.8% growth rate is Pennsylvania’s lowest since 2017, according to the report. Additionally, year-over-year growth rates have slowed from 17.8% in Q4 2018 to the most recently recorded 6.8% growth rate.
Learn more: Kallanish Energy > Pennsylvania: 6.8% increase in quarterly natural gas production
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Shale FAQ
What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.