Baker Hughes | Energy Services | Industrywide Issues | Ohio | Pennsylvania | Research | West Virginia
M-U Rigs Even @ 36; Haynesville Even @ 55; Nat’l Down 1 @ 562
Last week, the combined Marcellus/Utica Baker Hughes rig count remained at 36 active rigs for the fifth week in a row. The M-U’s chief competitor, the Haynesville, maintained its count of 55 active rigs, operating 19 more than the M-U. The national count lost 1 rig last week, bringing the total down to 562 rigs. Baker Hughes said the number of oil rigs rose by 2 to 433 last week, the highest total since June 2025, while gas rigs fell by 3 to 121, the lowest since October 2025. Read More “M-U Rigs Even @ 36; Haynesville Even @ 55; Nat’l Down 1 @ 562”
New York State, with its bizarre energy policies, has officially bankrupted yet another company. Danskammer Energy, which operates a gas-fired peaker power plant along the Hudson River in Newburgh, NY, had tried for years to upgrade the plant (since 2018), but finally threw in the towel in June 2024 (see 
The name Philadelphia Gas Works (PGW) pretty much says it all. PGW is a natural gas utility serving the Philly region. PGW is the country’s oldest and largest municipal-owned gas company, serving 500,000 customers. It’s NOT an electric company; it’s a natural gas company. Yet PGW is now seriously considering two strategies to reduce “carbon emissions” as part of its Low Carbon Pathways project. The first option involves full electrification, shifting from natural gas to electric systems for heating, cooking, and appliances. Again, PGW has ZERO electric infrastructure in place. In Philadelphia, PECO (formerly the Philadelphia Electric Company) is the sole local utility company responsible for delivering electricity. In other words, PGW is considering committing suicide (going out of business) by giving all of its business to PECO. Bring out Old Sparky. 
In early April, the EPA revised certain Biden-era oil and natural gas regulations, specifically aspects of the 2024 Clean Air Act rules (OOOOb/c, known as “Quad O”), to reduce compliance burdens and lower energy costs (see 
As we so often say, we love how creative and innovative the oil and gas industry is! We spotted an article that discusses how AI (artificial intelligence) is transforming oil and gas drilling operations across diverse environments—from Alaska’s harsh North Slope to deepwater operations off Guyana to U.S. shale fields like the Permian Basin and (yes) the Marcellus Shale. AI-driven systems now interpret real-time sensor data from drill strings, adjust drilling parameters automatically, optimize directional drilling, monitor drilling fluid chemistry, and evaluate cement integrity faster than human operators. Results include drilling speeds up to 50% faster and pressure-imbalance detection 10-12 minutes earlier than with conventional methods. 
Democrats are attempting to pull a new con job on the American public. They are, according to the New York Times and Grist, “recalibrating” their climate strategy amid economic concerns, moving away from aggressive anti-fossil-fuel positions that defined the Biden era. Americans now see the exposed face of environmental extremism that seeks to ban fossil energy, and they don’t like it. So, in order to cling to what little power they have left, the Dems are changing their messaging (spinning new lies and half-truths) that downplay their ongoing, irrational hatred of fossil energy. Don’t be fooled. 
OTHER U.S. REGIONS: Hochul defends fracking ban as Blakeman presses for it to be overturned; NATIONAL: U.S. natural gas futures post weekly loss; Federal judge rules the EPA unlawfully ended “justice” block grants; Largest wind farm in the U.S. slated to begin commercial operations; Sierra Club uses N.C. turkey farm stock photo to attack Texas produced water reuse; CFACT presses BlackRock’s Larry Fink on ESG opt-outs; INTERNATIONAL: Oil drops to four-month low; LNG tanker traverses Hormuz as deal lifts reopening hopes; Shell plots $1B wind farms sale; ExxonMobil explores acquisitions including Woodside. 
Last week was a disappointing week for new permits issued to drill shale wells in the Marcellus/Utica. The M-U region received just 8 new drilling permits from June 1 – 7, down from 30 permits issued two weeks ago. The main reason for the disappointing low number is that the Ohio Department of Natural Resources (ODNR) reported no new permits issued, which it sometimes does (and then “catches up” in the following week). Last week, Pennsylvania issued 7 permits, and West Virginia issued just 1 new permit. The drillers who received new permits included EQT, Expand Energy, and Vickery Energy. 
In February, President Donald Trump unveiled a record-breaking $33 billion natural gas power plant in Piketon (Pike County), Ohio, to be operated by SB Energy, a subsidiary of Japan’s SoftBank (see 
The same three judges from the U.S. Court of Appeals for the Fourth Circuit who blocked the 303-mile Mountain Valley Pipeline (MVP) for *years* suddenly changed course in late April, ruling on an extension of MVP into North Carolina called Southgate. Big Green, represented by the Sierra Club and Appalachian Voices, sued to block a permit issued by North Carolina regulators for the Southgate project. While the three judges grumbled and complained about Southgate during oral arguments (see 
Earlier this year, the board of commissioners in Montour County, PA, voted unanimously to reject Talen Energy’s request to rezone empty agricultural land near Talen’s Montour Power Plant for a proposed data center (see 
We are encouraged by recent developments in two Pennsylvania townships, one in northeast PA, the other in southwest PA, with respect to moving forward with data center projects. We get it. People are up in arms, some feeling as though data centers are being “forced” on them by less-than-transparent builders. Noise. Lights. Water usage. All are concerns. However, as we’ve stated many times, reasonable people can work together, sort through the issues, and move these projects along. That’s what we’re seeing in Olyphant, PA, a suburb of Scranton in Lackawanna County, and in South Strabane Township in Washington County. 
Earlier this week, MDN told you that WhiteHawk Minerals (formerly WhiteHawk Energy), a natural gas mineral and royalty interest owner in the Marcellus and Haynesville plays, with over 3.4 million gross acres under lease for drilling, started trading its stock following a $200 million IPO (see 
The U.S. Energy Information Administration (EIA) issued its latest monthly Short-Term Energy Outlook (STEO) on Tuesday. Using the official EIA dartboard, the STEO is the agency’s monthly best estimate of where energy prices and production will go over the next 12 months. There was a revision to the agency’s prediction about the spot price (at the Henry Hub) for natural gas in 2026 and 2027. Last month, the EIA predicted 2026 would end up with an average HH price of $3.50/MMBtu and 2027 would see an average of $3.18/MMBtu. On Tuesday, the EIA revised both numbers up. The agency sees an average price of $3.60 this year, up a dime from last month, and $3.46 in 2027, up a robust 28 cents. 
Yesterday, Pennsylvania Department of Environmental Protection (DEP) Secretary Jessica Shirley visited the site of an orphaned well being plugged in Allegheny County, PA, to celebrate the plugging of the 400th orphaned well since Josh Shapiro assumed the governorship in January 2023. There’s nothing wrong with Shapiro’s bragging and chest-puffing, except that Ohio plugged 480 orphaned wells last year. Since January 2023, Ohio has plugged 1,214 orphaned wells, compared to PA’s 400 wells (3X more). Which makes us ask: Why does it take so much longer and cost so much more to plug wells in PA than in OH?