Apples-to-Apples Comparison of 2Q Revenue, Costs for M-U Drillers

Revenue, free cash flow, and even profitability for Marcellus/Utica drillers (in fact, pretty much all oil and gas drillers) were… Continue reading The post Apples-to-Apples Comparison of 2Q Revenue, Costs for M-U Drillers first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EIA Cuts 2H22 LNG Export Prediction by 14%, HH Price by 44%

Each month the U.S. Energy Information Administration (EIA) issues a monthly Short-Term Energy Outlook (STEO). In May, the STEO made… Continue reading The post EIA Cuts 2H22 LNG Export Prediction by 14%, HH Price by 44% first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Exposing the Renewable Lie: Fossil Fuels Provide 79% of US Energy

In 2012, fossil fuels accounted for roughly 82% of total U.S. energy consumption. We have seen an incredibly aggressive pro-renewable… Continue reading The post Exposing the Renewable Lie: Fossil Fuels Provide 79% of US Energy first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Fake Study Claims Using Natural Gas in Homes Linked to Cancer

Wow, have the standards at Harvard University slipped! It used to be that Harvard was known for academic rigor–thoroughness and… Continue reading The post Fake Study Claims Using Natural Gas in Homes Linked to Cancer first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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WV Oil & Gas Production Increased 6% in 2021 – GO-WV Report

Using data from several government agencies, the Gas and Oil Association of West Virginia, Inc. (GO-WV) published its annual Gas… Continue reading The post WV Oil & Gas Production Increased 6% in 2021 – GO-WV Report first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Q2 U.S. NatGas Production Up 2%, Led by Haynesville & M-U

According to S&P Global’s Platts Analytics service, U.S. natural gas production in June increased slightly to an average 94.5 Bcf/d… Continue reading The post Q2 U.S. NatGas Production Up 2%, Led by Haynesville & M-U first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Natural Gas Marketed in North America Grows 1% in 1Q22

Each quarter NGI (Natural Gas Intelligence) runs the numbers and publishes a list of the 25 top natural gas marketers… Continue reading The post Natural Gas Marketed in North America Grows 1% in 1Q22 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EIA DPR: M-U July NatGas Set to Increase More than Any Other Play

Once again the number crunchers at the U.S. Energy Information Administration overestimated natural gas production in the Marcellus/Utica in the… Continue reading The post EIA DPR: M-U July NatGas Set to Increase More than Any Other Play first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EIA’s STEO Predicts Henry Hub Gas Price to Avg $8.69 in 3Q22

Each month the U.S. Energy Information Administration (EIA) issues a monthly Short-Term Energy Outlook (STEO). Last month, in May, the… Continue reading The post EIA’s STEO Predicts Henry Hub Gas Price to Avg $8.69 in 3Q22 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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New Discovery Casts Doubt on Gas Well Methane Migration Claims

A group of international scientists has discovered a fourth type of natural gas. Wait, there are different “types” of natgas?… Continue reading The post New Discovery Casts Doubt on Gas Well Methane Migration Claims first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Ohio Utica Shale Dashboard Shows 73% of New Drilling Done by 2 Cos.

On May 24, Cleveland State University researchers quietly published the “Shale Investment Dashboard in Ohio Q1 and Q2 2021” (full… Continue reading The post Ohio Utica Shale Dashboard Shows 73% of New Drilling Done by 2 Cos. first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Is Natural Gas Foam the Next Fracking Fluid? Testing Now

click for larger version The Southwest Research Institute (SwRI) in San Antonio, Texas has been conducting a research project for the past six years looking for a better way to frack than using millions of gallons of water. They just may have found it. SwRI is now testing a combination of highly pressurized natural gas

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PA Natural Gas Production Hits New All-Time High in 2020

Yesterday the Pennsylvania Independent Fiscal Office (IFO) released their latest quarterly Natural Gas Production Report for October through December 2020 (full copy below). There are two exciting bits of news coming from this report that (so far) nobody else is reporting: (1) After eight consecutive quarters (two years) of declining natgas production from shale (comparing

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Annual U.S. NatGas Production Decreased by Tiny 1% in 2020

The pandemic did its best to shut the world down, and maybe it succeeded in shutting down other countries–but not here in the US of A. Against an onslaught of shutdowns (particularly in “blue” states), people staying home, businesses closing, anarchy and chaos in large Democrat cities…and against an onslaught against fossil fuels by environmental

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