Report: Pa. natural gas production slowed in 4Q 2021
Monday, March 7, 2022
Pennsylvania’s Independent Fiscal Office reported a decrease in unconventional natural gas production volume growth during the fourth quarter, according to Natural Gas Intelligence.
The Independent Fiscal Office’s report revealed a 6.7% year-over-year growth rate in horizontal gas well production volume at 1.949 Tcf for the fourth quarter. However, that growth rate was down from 7.2% during the third quarter of 2021.
Pennsylvania’s production grew by 6.8% overall in 2021, which was up from 4% in 2020.
Learn more: Natural Gas Intelligence > Pennsylvania Natural Gas production slows in late 2021
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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.