Williams reports record natural gas volumes in Appalachian Basin
Wednesday, November 11, 2020
Williams reported record natural gas gathering and processing volumes in the Appalachian region during the third quarter amid higher prices, according to Natural Gas Intelligence.
Gross gathering volumes for the Northeast gathering and processing segment rose 8% year over year to 9.4 Bcf/d and gross processing plant inlet volumes increased 17% to 1.4 Bcf/d, the company said during a third-quarter earnings conference call.
Additionally, Natural gas liquids production volumes from the segment rose 24% to 114 million b/d.
Learn more: Natural Gas Intelligence > Williams Reports Record Appalachian Natural Gas Volumes Amid Stronger Pricing
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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.