Dip in Natural Gas Prices Will Create Shift in Drilling Focus

by Nicole Good on January 22, 2012

The going price for natural gas in the United States has continued to drop, making drilling for “dry” gas less appealing.  This means that areas with “wet” gas, containing natural gas liquids which can be used for manufacturing, will gain focus in future drilling activity.  Dry gas areas will still see some drilling– possibly the minium needed for companies to retain a lease until prices are on the upswing.

According to WVONGA, wet gas in West Virginia is mainly found west of Interstate 79, and north of Route 33 (Point Pleasant, Spencer, Glenville, and Weston).

Read the full article in the WV State Journal…

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