click for larger version Each year Cleveland State University publishes a report for JobsOhio looking at how much money has been invested by the private sector in the Utica Shale (and related) industry. The CSU’s eighth report (full copy below) was recently released and shows some eye-popping numbers. Total shale investment from July through December
Read More...Each year East Daley Capital publishes its Midstream Guidance Outlook which looks at themes and trends affecting the midstream (pipeline) sector in the coming year. The latest version of Daley’s report has just been released and draws some interesting conclusions about the midstream in 2021. Namely, associated gas growth in the Permian and elsewhere will
Read More...If there’s a bad cold snap in New England this winter forcing residents to use more natural gas (leaving less natgas for power plants), blackouts may occur. That’s the prediction from the North American Electric Reliability Corporation (NERC) in their just published 2020-2021 Winter Reliability Assessment (full copy below). If blackouts do occur, the residents
Read More...Yesterday Pennsylvania’s Independent Fiscal Office (IFO) released its latest quarterly Natural Gas Production Report–for July through September 2020 (full copy below). The report shows natgas production in PA rose 2.0% compared to the same period last year, which is the lowest increase on record since the shale revolution began. The number of new wells spud
Read More...fugitive Researchers with the Dept. of Energy’s (DOE) Los Alamos National Laboratory (LANL) in New Mexico continue to make big oil and gas industry breakthroughs. Two weeks ago we told you about LANL’s breakthrough discovery about pressures used when fracking in the Marcellus (see DOE Marcellus Research Finds High Frack Pressure Keeps Gas Trapped). A
Read More...The Enverus U.S. rig count rose by 1 to 348 over the past week, after having going up by 11 and 13 (respectively) the two weeks prior. However, the count in the Marcellus Shale dropped by three rigs in the wet gas area and the Marcellus dry gas region gained 1 rig, for a net
Read More...It’s like the coming and going of the four seasons (or two seasons if you live in Binghamton, NY, summer for two months, winter the rest of the time). On a regular schedule, anti-fossil fuel organizations fund “studies” that supposedly show links between fracking and harmful effects to humans who live near fracking. The latest
Read More...click for larger version Consulting powerhouse Deloitte has just released a sobering new study called, “The future of work in oil, gas and chemicals” (full copy below). The study says the U.S. oil, natural gas, and chemicals (OG&C) industry slashed 107,000 jobs from March to August 2020, the fastest rate of layoffs in the industry’s
Read More...S&P Global analysts have been looking at natural gas production numbers for Pennsylvania. The most recently available data is from June (numbers are always delayed a few months). S&P found that shale gas production in PA dropped 2% in June from May, to 18.48 Bcf/d. June’s numbers were essentially flat to the same time in
Read More...Analysts at S&P Global are making a bold prediction: It will take a full ten years for the world to recover from the coronavirus and begin growing its demand for natural gas once again. Something about the prediction just seems “off” to us.This post appeared first on Marcellus Drilling News.
Read More...Each quarter the Dallas Federal Reserve conducts a survey of 150-200 oil and gas firms located or headquartered in the Eleventh District–Texas, southern New Mexico, and northern Louisiana. The energy company executives surveyed run companies that operate regionally, nationally, and some even internationally. The Dallas Fed released its latest quarterly Energy Survey results yesterday. We
Read More...Time for our weekly check of the rig count. We like to check the Enverus count because we believe it’s more accurate than the Baker Hughes count. According to S&P’s analysis, the rig count climbed by 6 for the week ending Sept. 16 to hit an eight-week high of 293 active rigs. The Marcellus remained
Read More...It’s such a breath of fresh air (and so rare) when we spot actual, in-the-field, real science being done. So many times the “studies” we see published are nothing more than rehashed interpretations, speculation, and outright fabrications parading as scientific inquiry. We spotted a new study published just yesterday in the journal MDPI Atmosphere by
Read More...Yesterday our favorite government agency, the U.S. Energy Information Administration (EIA), issued our favorite monthly report, the Drilling Productivity Report (DPR). The DPR estimates how much oil and natural gas each of the country’s seven largest shale plays produced in the previous (current) month, and how much each will produce in the coming (next) month.
Read More...A new so-called “study” published in the journal Science of The Total Environment claims it has uncovered a link between fracking chemicals in farm water and a rare birth defect in horses. The researchers say this study “could” serve as a warning about fracking and human infant health. Is this it? Were we wrong for
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