The natural gas industry in Tioga County that invaded the region seven years ago is inching back, using fewer rigs to harvest more gas, according to Marcellus Shale Coalition President Dave Spigelmeyer.
It will likely never return to the level of drilling in 2010, but after leaving when the price of gas bottomed out in 2014, there is activity returning, Spigelmeyer said.
“Probably the biggest reason for the downturn was price related.
Last June in Pennsylvania it was selling at $1.30 per btu. Now is selling around $2.62, about double what it was a year ago,” he added.