•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    BENTEK: PA Marcellus natural gas production expected to increase 78% by 2015

    BENTEK

    BENTEK's daily natural gas pipeline nomination data reports that since July 1, Marcellus Shale natural gas production in Pennsylvania has reached more than 6.0 Bcf/d, an increase of 15% above levels recently published for the January-June 2012 period by the Pennsylvania Department of Environmental Protection (PA-DEP).  The latest PA-DEP Marcellus well-level flow results were published this week and indicate natural gas production in Pennsylvania averaged 5.0 Bcf/d for January-June 2012.                                

    However, BENTEK's comprehensive daily natural gas flow data sample reveals Pennsylvania production was approximately 0.2 Bcf/d higher during the same period, which is likely the result of the vertical well production volumes published only annually in the PA-DEP data set.      

    BENTEK estimates that given the drilling activity and infrastructure limits in Northeast Pennsylvania, more than 1,000 wells drilled during the past 18 months are still waiting to be brought online. This well inventory is expected to sustain natural gas production growth in Pennsylvania during the next three years and, combined with current drilling activity, BENTEK predicts a 78% or 4.7-Bcf/d increase in the state's gas production by the end of 2015.

    Most Popular

    Related Articles

    Enterprise offers additional capacity on Aegis pipeline system

    04/10/2015 Enterprise Products Partners LP has begun a supplemental binding open commitment period to determine shipper demand for incremental capacity being added on the Aegis pipeline between Mont Belvieu, ...

    Pemex, First Reserve ink US$1B cooperation agreement

    04/07/2015 Petroleos Mexicanos (Pemex) and First Reserve, a global private equity and infrastructure investment firm exclusively focused on energy, have signed a US$1 billion agreement to mutually invest in e...

    NuStar Energy begins binding open season for pipeline system expansion

    04/03/2015

    NuStar Energy LP has begun its second binding open season of its South Texas Crude Oil Pipeline System project by its affiliate, NuStar Logistics LP.

    ONEOK Partners and Fermaca to construct export NG pipeline from West Texas to Mexico

    04/02/2015 ONEOK Partners LP has entered into a 50-50 joint venture with a subsidiary of Fermaca Infrastructure BV, a Mexico City-based natural gas infrastructure company, to construct a pipeline that would t...

    EnLink completes VEX acquisition in dropdown transaction with Devon

    04/01/2015 EnLink Midstream Partners LP has completed its acquisition of the Victoria Express Pipeline and related truck terminal and storage assets (VEX) from Devon Energy Corp. The transaction is expected t...

    Navigator extends open season for Big Spring Gateway pipeline system

    04/01/2015 Navigator Energy Services LLC is extending the binding open season period for volume commitments on its Big Spring Gateway pipeline system. The open season, which was scheduled to end March 31, has...

    More Oil & Gas Financial Articles

    Enterprise offers additional capacity on Aegis pipeline system

    Fri, Apr 10, 2015

    Enterprise Products Partners LP has begun a supplemental binding open commitment period to determine shipper demand for incremental capacity being added on the Aegis pipeline between Mont Belvieu, Texas, and Napoleonville, Louisiana, along the Mississippi River corridor.

    Pemex, First Reserve ink US$1B cooperation agreement

    Tue, Apr 7, 2015

    Petroleos Mexicanos (Pemex) and First Reserve, a global private equity and infrastructure investment firm exclusively focused on energy, have signed a US$1 billion agreement to mutually invest in energy infrastructure for Mexico.

    NuStar Energy begins binding open season for pipeline system expansion

    Fri, Apr 3, 2015

    NuStar Energy LP has begun its second binding open season of its South Texas Crude Oil Pipeline System project by its affiliate, NuStar Logistics LP.

    ONEOK Partners and Fermaca to construct export NG pipeline from West Texas to Mexico

    Thu, Apr 2, 2015

    ONEOK Partners LP has entered into a 50-50 joint venture with a subsidiary of Fermaca Infrastructure BV, a Mexico City-based natural gas infrastructure company, to construct a pipeline that would transport natural gas from the Permian Basin in West Texas to Mexico.

    EnLink completes VEX acquisition in dropdown transaction with Devon

    Wed, Apr 1, 2015

    EnLink Midstream Partners LP has completed its acquisition of the Victoria Express Pipeline and related truck terminal and storage assets (VEX) from Devon Energy Corp. The transaction is expected to be immediately accretive to the Partnership.

    OGFJ photo of the day


    Click to view slideshow

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ