Tennessee Oil and Gas Poised for Revival

Publication: American Oil and Gas Reporter
Issue: April 2018
By Dan Larson

Confronted by the immense volume of natural gas produced in the Marcellus, the energy industry in Tennessee faces a “new reality” as it seeks markets for its production, according to industry executives.

Oil development has seen a modest increase in activity in parts of the state, they report, but natural gas production remains at volume lows not seen for decades.

“We had a cold winter in New England, which should be good for natural gas prices, but there is such a massive amount of gas coming from the Marcellus that prices for Tennessee gas did not budge all winter,” says Gary Bible, chairman of the Tennessee Oil and Gas Association.

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