Another week, another rig count to share with you. As we often point out, rig counts go up and down each week, so it’s good not to get too wrapped up in the “up one week down the next” narrative. After the rig count crashed to historic, all-time lows last year (due to the pandemic
Read More...The Gas Exporting Countries Forum (GECF) is an international governmental organization providing a framework for exchanging experience and information among member cuntries. The GECF is a gathering of the world’s leading gas exporting countries and was set up as an international governmental organization with the objective to increase the level of coordination and strengthen the
Read More...click for larger version Penn State researchers have and continue to do important research around the benefits AND risks of Marcellus Shale drilling. Recently Penn State researchers published a study in Energy Policy, an Elsevier scientific journal, reviewing the presence of fine particulars (called PM 2.5) in proximity to well pad drilling sites in the
Read More...The Enverus U.S. rig count numbers continued to climb over the past week, even during the extreme cold snap and winter weather that shut down wide swaths of the economy in Texas, Oklahoma, and Louisiana. The rig count grew by four to 461 for the week ending Feb. 17. The Permian, which has added the
Read More...Over the past week, the Enverus U.S. rig count jumped up by another 14 active rigs, making the new count 456. That’s the highest the rig count has been since April 2020 when the count began to drop like a rock as the coronavirus pandemic began to bite deeply. While the dry gas Marcellus lost
Read More...Over the past week, the Enverus U.S. rig count jumped up by another 12 active rigs, making the new count 442. That’s the highest the rig count has been since April 2020 when the count began to drop like a rock as the coronavirus pandemic began to bite deeply. The count for both the Marcellus
Read More...Although we consider the Haynesville Shale play to be the chief competitor to the Marcellus/Utica (because the Haynesville is also a gas play and currently operates more rigs that we do here in the M-U), the Permian is another major competitor. After the M-U, the Permian produces more natural gas (associated gas) than any other
Read More...Over the past week, the Enverus U.S. rig count jumped by a big 18 additional active rigs. The Permian play in Texas and New Mexico saw the biggest increase, adding 14 new rigs (the most since before the pandemic). The Marcellus added two more rigs, bringing the combined Marcellus/Utica rig count to 42, the highest
Read More...In its January 2021 Short-Term Energy Outlook (STEO) just released, the U.S. Energy Information Administration (EIA) forecasts annual average production of U.S. oil will fall to 11.1 million barrels per day (b/d) in 2021 before rising to 11.5 million b/d in 2022. As for natural gas, EIA says U.S. marketed natural gas production will decline
Read More...Researchers at the University of Illinois Chicago have developed a cutting edge catalyst made up of 10 different elements–each of which on its own has the ability to reduce the combustion temperature of methane–plus oxygen. This unique catalyst brings the combustion temperature of methane down by about half, from above 1400 degrees Kelvin down to
Read More...If you recall, the COVID-19 coronavirus pandemic wasn’t really “a thing” (here in the U.S.) until mid-March 2020. That’s when all hell broke loose and the country shut down. Prior to that, natural gas demand was steadily rising and hitting all-time highs (see Rover, NEXUS NatGas Exports to Canada Currently “Maxed Out”). Guess what? Demand
Read More...What if we gave the University of Pittsburgh (Pitt) a $2.5 million grant to study a link between peanut butter and childhood cancer. Researchers could only use the money to study any potential link between peanut butter and kids getting rare cancers. Sounds absurd, right? What if there is NO link between peanut butter and
Read More...click for larger version The National Energy Technology Laboratory (NETL) is one of the crown jewels of our federal government. NETL is a U.S. national laboratory under the Dept. of Energy Office of Fossil Energy. NETL focuses on applied research for the clean production and use of domestic energy resources. Capturing and using carbon dioxide
Read More...Wood Mackenzie, also known as WoodMac, is a global energy, chemicals, renewables, metals, and mining research and consultancy group. WoodMac writes reports and dishes out expert advice to investors dealing with the energy industry. WoodMac analysts have put their heads together to predict what we should expect in the energy space in the coming year,
Read More...The story of the Marcellus/Utica is a story of natural gas. At least, mostly. We focus almost exclusively on natgas production here on MDN. But there is another story in the M-U, and that’s shale oil. More oil is produced in the Ohio Utica than in the Pennsylvania and West Virginia Marcellus, but all three
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