PGE Today and Tomorrow
Pennsylvania General Energy currently holds leases on over 503,000 acres collectively in the Appalachian Basin, and drills approximately 100 new wells each year. Recent geologic research and seismic evaluation has led to a significant amount of leasing and exploration activity in several regions, including central and southern counties of Pennsylvania and portions of West Virginia, and a wide area of Pennsylvania’s northern tier counties, where natural gas reserves in the Marcellus shale formation are believed to be significant.
Clean-burning natural gas from unconventional shale formations such as the Marcellus has the potential to greatly reduce the United States’ reliance on imported oil. PGE is proud of its position as a leading independent exploration and production company in the efforts to establish these new sources of energy on American soil.
The future of the oil and natural gas industry, especially in northwestern Pennsylvania, relies on the experienced oil and natural gas worker passing on his or her knowledge to the next generation. To preserve the success of our industry and its positive impact on the rural regions of Pennsylvania, Pennsylvania General Energy and others in the industry have embarked on a new joint venture with the University of Pittsburgh at Bradford.
PGE is currently leading an effort with Pitt-Bradford administrators and professors to develop curriculum for the Petroleum Technology degree and provide support for the Pitt-Bradford Energy Institute. This venture will help young students learn about the industry and obtain hands-on job experience so they are well-trained and prepared to enter into the workforce after obtaining this two-year associate degree. PGE’s and Pitt-Bradford’s efforts to educate these students will help to keep the oil and natural gas industry advancing, progressing and profitable.