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U.S. Department of Energy
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New economics of natural gas production in the Appalachian states

Conference · · DOE Morgantown Energy Technol Center Eastern Gas Shales Symp Proc; ()
OSTI ID:6076091
Since at least 1920, production of natural gas in the Appalachian states has fluctuated between 400 and 500 billion cu ft/yr. Among the factors limiting expansion in drilling, recompletion of old wells, and introduction of new technology is the adverse wellhead prices paid to producers by purchasers under regulations applied by the federal government under the US Natural Gas Act of 1938. However, the Congress passed the Natural Gas Policy Act of 1978 (NGPA), which provides for incentive pricing for stripper wells, for deep drilling, and the deregulation of all sales of gas from Devonian Shale beginning November 9, 1979. An analysis of the NGPA is presented from the point of view of its potential impact in spurring research efforts to commercialize natural gas production from Devonian Shale and other unconventional sources, as well as accelerating exploration and development from conventional reservoir targets in the Appalachian region.
OSTI ID:
6076091
Report Number(s):
CONF-791003-
Conference Information:
Journal Name: DOE Morgantown Energy Technol Center Eastern Gas Shales Symp Proc; () Journal Volume: METC/SP-79/6
Country of Publication:
United States
Language:
English