New Data on Marcellus Production

Floor Speech

Mr. THOMPSON of Pennsylvania. Mr. Speaker, natural gas production in the Marcellus and Utica shale formations is projected to grow 36 percent by 2035, according to a recently released industry report from ICF International.

According to the report, which is released quarterly:

Well data from producers suggests ultimate recovery of gas in the Marcellus will average 6.2 billion cubic feet per well, up from 5.2 billion cubic feet per well in the last report.

According to a recent Energy Information Administration drilling report, gas production in Pennsylvania alone has more than quadrupled from 2009 to 2011.

Today, Bloomberg News reports:

Record natural gas production from the Marcellus is helping send U.S. output to an alltime high.

Another recent industry report from Morningstar, Incorporated, noted that Pennsylvania is now ranked third in the Nation for natural gas production and that the Marcellus is expected to account for nearly one-fourth of all U.S. gas output by 2015.

Mr. Speaker, natural gas continues to provide jobs and family-sustaining incomes that are much needed in the Nation's slow economic recovery. At the same time, we are moving closer to energy independence.

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