Saturday, January 12, 2013

How Many Marcellus Shale Wells Exist in PA

The PSU Marcellus Research Center has a map showing all the shale gas well permits issued since 2007. See below:



The total comes to 11857 wells permitted as of the end of 2012.

Yet there are only 2000+ wells with reported production in PA DEP's twice per year production reports. WHY?

4 comments:

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Anonymous said...

What's with all these BS comments - can't you filter out these spammers?

Great detective work there on the Marcellus productive well numbers vs those permitted. What does the industry claim to be the effective life of producing wells?

cheers

M

QUALITY STOCKS UNDER 5 DOLLARS said...

The natural gas exploration industry seems to be out of control by looking at the chart above.

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