Appalachian Basin Update Webinar
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Join us for the Appalachian Basin Update Webinar to review what has made the Appalachian Basin such a special environment for natural gas development in the U.S.
The U.S. remains the most attractive country in the world for oil and gas investment, and that includes the Appalachia Basin. U.S. natural gas production grew by 9.8 billion cubic feet per day in 2019, a 10% increase from 2018. And the EIA credits tremendous growth in the Appalachian Basin to highly productive wells and improved efficiency that has meant "faster drilling, longer laterals, advancements in technology, and better targeting of wells." Further, as the EIA notes, the average laterals in West Virginia have increased from 2,500 feet in 2007 to 7,000 feet in 2015, and have extended as far as 15,000 feet in the Marcellus and 19,000 feet in the Utica.
The Appalachian region remains the largest natural gas producing region in the United States. Appalachian natural gas production from the Marcellus and Utica/Point Pleasant shales of Ohio, West Virginia, and Pennsylvania continues to grow.
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