EIA DPR: Marc/Utica Sees Biggest Drop in Production for All Plays
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 (i.e. current) month, and how much each will produce in the coming (i.e. next) month. The August report, which predicts production for the coming month of September, estimates natural gas production in the Marcellus/Utica will decrease by 203 million cubic feet per day (MMcf/d)–the biggest (by far) decrease in any of the seven shale plays tracked.
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The Appalachian Trail Conservancy, The Conservation Fund, and Mountain Valley Pipeline (MVP) yesterday issued a joint announcement that MVP is paying $19.5 million to the Conservancy to “conserve land along the Trail corridor and support outdoor recreation-based economies in Virginia and West Virginia.” It is the largest “funding package” in the Conservancy’s history to advance conservation efforts in a single geography.
“Hurry it up, will ya?” That was the upshot of a message sent by TC Energy to the Federal Energy Regulatory Commission (FERC) with respect to giving final approval for its Louisiana XPress project. FERC granted the project a favorable environmental assessment (EA) on February 6 (see 
Last week, in one of the biggest news stories (for us) so far this year, Southwestern Energy announced it is buying out and merging in Montage Resources (see 
Please don’t come to Boston. If you do, you may experience blackouts from an unreliable electricity grid powered by so-called (very unreliable) renewables. That’s our takeaway on the obtuse attitudes that pervade New England and the Communist politicians that run that section of the country.
MARCELLUS/UTICA REGION: PA DEP local climate action program helps community leaders address climate change in 139 municipalities; OTHER U.S. REGIONS: Trump administration readies Alaska’s ANWR for oil, gas drilling; California’s shift from natural gas to solar is playing a role in rolling blackouts; NATIONAL: New lyrics, same tune for US shale producers; Most U.S. shale companies to restore production by end of 3rd quarter; Texas Democrat: US natural gas vital in transition to renewables; Let’s be serious, more CO2 isn’t making the earth ‘uninhabitable’; Democrats say California is model for climate action but its blackouts say otherwise; INTERNATIONAL: Is Japan the next major market for Russian LNG?; Mexican discrimination against US energy firms underscores importance of USMCA.