Yesterday the Pennsylvania Public Utility Commission (PUC) posted detailed information about this year’s distribution of last year’s impact fees generated by natural gas producers. Great news! PA raised $278.8 million from Act 13 impact fees (PA’s version of a severance tax). That is the HIGHEST amount raised and distributed by impact fees since the beginning…
Read More...The experts at NGI (Natural Gas Intelligence) have poured over the numbers found in Form 552s filed with the Federal Energy Regulatory Commission (FERC). Form 552 is the Annual Report of Natural Gas Transactions–the buying and selling of natural gas. From the data, NGI produced two very useful lists. One is the top 25 buyers
Read More...The latest monthly U.S. Energy Information Administration (EIA) Drilling Productivity Report (DPR) for June issued yesterday (below) shows a slowdown in the growth of natural gas production for the seven shale plays covered in the report. That does not mean we will produce less gas from shale in the coming month; it means the growth
Read More...According to Baker Hughes, which has tracked rig counts since 1944, drillers cut the rig count once again last week (overall by a single rig), the sixth week in a row when the rig count has gone down. This is the first time the U.S. oil & gas rig count has gone down six weeks
Read More...Researchers with Ohio Northern University recently published a study that finds that fracking for Utica Shale sometimes (“episodically”) reduces small Eastern Ohio River basin stream levels. The fluctuations in those stream levels “could” (but not necessarily do) negatively impact aquatic life (ecosystems) in those areas. The situation should, according to the researchers, be confirmed by
Read More...Last week the U.S. Energy Information Administration (EIA) shared some information that, strangely, has not been written about by mainstream media. Not a mention, not a peep. EIA found that U.S. electricity generation from natural gas was the highest it has ever been this past winter, 2022-23. U.S. electricity generation from natural gas reached a
Read More...A radicalized left-wing organization hellbent on forcing the end of fossil energy called Evergreen Action, along with another radical nonprofit called Ceres, partnered and paid a for-profit company called Synapse Energy Economics (that works exclusively for left-wing groups) to produce a completely sham and false “report” that (try not to laugh) claims Pennsylvania residents will
Read More...Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about… Continue reading The post EIA Slashes 2023/24 NatGas Price Prediction in June STEO Report first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Last week the Pennsylvania Independent Fiscal Office (IFO) released its latest quarterly Natural Gas Production Report for January through March… Continue reading The post IFO Report: Big Decrease in PA Shale Production, Drilling in 1Q23 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Anti-fossil fuel zealots are demanding an update on a $2.5 million “study” awarded to the University of Pittsburgh Graduate School… Continue reading The post Anti-Shale Enviro Groups Demand Update on Pitt Cancer Study first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The Baker Hughes U.S. rig count fell by 44 in May, the biggest drop in three years. Last week the… Continue reading The post May U.S. Rig Count Saw Biggest Monthly Drop in 3 Years – Down 44 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...We don’t often talk about NERC–the North American Electric Reliability Corporation. NERC is a nonprofit corporation based in Atlanta, Georgia…. Continue reading The post Two-thirds of US Subject to Summer Power Outages Thx to Wind/Solar first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...In March, the U.S. Energy Information Administration (EIA) published its Annual Energy Outlook 2023 (see EIA Annual Outlook Predicts O&G,… Continue reading The post EIA Report Ponders the Effect of LNG Exports on U.S. NatGas Market first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Three far-left organizations, the Clean Air Task Force (CATF), Ceres, and ERM Group, published their third annual report, “Benchmarking Methane… Continue reading The post Big Green Report Admits O&G Methane Emissions Fell 28% from 2019-21 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...The American Council for Capital Formation (ACCF) is a nonprofit, nonpartisan economic policy organization that tilts to the conservative side…. Continue reading The post ACCF Study Finds Building More Pipes Decreases NatGas Price by 10% first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
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