EIA Report: Drop in Marcellus/Utica Gas Production Slows in June

We’ve been eagerly anticipating this month’s edition of our favorite report, the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report (DPR), to see how much gas production in the Marcellus/Utica will decrease. 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.
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Weekly Shale Permits Issued for PA, OH, WV – May 4-8

The weekly new permits issued report below is delayed, showing permits issued for two weeks ago, from May 4-8. The reason for the delay is a website outage for the Ohio Dept. of Natural Resources (ODNR). In fact, ODNR’s site is still down but the good folks at the agency provided MDN the numbers by running a custom report. There is still no forecast for when ODNR’s site will be back online. For the week of May 4-8, PA had 20 new permits, OH had 3 new permits, and WV had 2 new permits.
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Regulators Reject Pieridae/Shell Plan to Feed Nova Scotia LNG

Pieridae Energy wants to build an LNG export plant in Nova Scotia, Canada. The project is called the Goldboro LNG project. We’ve tracked the project for years hoping Marcellus/Utica gas might one day feed it (see our Goldboro LNG stories here). Our hopes to have M-U gas feed Goldboro were dashed when Pieridae announced a deal last June to buy assets from Shell in Western Canada with plans to pipe the gas to the Goldboro plant (see Pieridae Buys Shell Assets in W Canada to Feed Nova Scotia LNG). Canadian regulators in Alberta have just scuttled the deal, refusing to grant permission.
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Joe Biden Names AOC to Lead Climate Task Force (PUKE)

Will this, finally, help convince any fence-sitting Democrats who give a damn about the future of our country and the oil and gas industry that a vote for Joe Biden is a vote to end it all? Biden, the presumptive nominee for the Democrats to run for president (even though he’s senile, really) has appointed both Alexandria Occasional-Cortex, the woman with half a brain, and John “haughty” Kerry, the guy who tried to destroy America with the Paris climate treaty, as co-chairs of his campaign’s so-called climate task force. What a joke! Except…it’s not a joke. It’s real, and it’s very scary.
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Shale Energy Stories of Interest: Tue, May 19, 2020

MARCELLUS/UTICA REGION: New year greets Marcellus/Utica shale with new, unexpected challenges; DEP permits will keep Marcus Hook as an economic engine in Southeast PA; NATIONAL: United States bump LNG exports in March; The impacts of U.S. LNG cargo cancellations; U.S. pipeline safety report reveals fewer incidents, more infrastructure; Zinke says Biden’s plan to ban fossil fuel drilling on federal lands is ‘nuts’; ‘Oil is back,’ tweets Trump. Not so fast, says reality; Natural gas drillers face price meltdown as storage fills fast; INTERNATIONAL: We’re at risk of an oil shortage.
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