EIA Drilling Report: Gas Prod to Hit Another Record High in April
Yesterday MDN’s favorite government agency, the U.S. Energy Information Administration (EIA), issued our favorite monthly report–the Drilling Productivity Report (DPR). The DPR is the EIA’s best guess, based on expert data crunchers, as to how much each of the U.S.’s seven major shale plays will produce for both oil and natural gas in the coming month. For the past five reports, estimating production for November, December, January, February, and March, Marcellus natgas has increased. The trend continues in this latest report, which forecasts production for the coming month of April. In fact, EIA says natgas production for all seven major shale plays will go up–the first time we can remember that happening in more than a year. Last month EIA predicted the combined output of the seven major shale plays would hit 49.1 billion cubic feet per day (Bcf/d), a new record (see EIA Feb Drilling Rpt: Gas Prod. to Hit New Record High in March). The trend continues. If the numbers hold, EIA predicts the combined natural gas production across all seven major plays will hit 49.6 Bcf/d in April–up 562 million cubic feet per day. The Marcellus (and Utica) will both hit record-breaking highs in April for natgas production as well…
Read More “EIA Drilling Report: Gas Prod to Hit Another Record High in April”
As MDN previously reported, perhaps the biggest energy-related issue for this year’s session of the West Virginia 60-day legislative session will not be a bill on forced pooling. Instead, the West Virginia Oil and Natural Gas Association (WVONGA) is pushing a legislation on co-tenancy and joint development (see 
TransCanada, one of Canada’s leading midstream/pipeline companies, cooked up a deal last year to pipe natural gas from Canada’s West Coast to the East Coast in order to fend off cheap supplies of Marcellus/Utica gas that will flow into Canada when/if the NEXUS and Rover pipelines get built (see 
That was fast. Last Friday MDN reported that New Jersey’s largest utility, Public Service Enterprise Group (PSE&G), is shopping its ownership stake in the $1 billion PennEast Pipeline project (see 
A group of anti-fossil fuel nutters from the Philadelphia suburb of Middletown, PA (Delaware County) spent good money to buy themselves a report from an “independent” consultant that they say proves the Mariner East 2 Pipeline is too dangerous to build through their township. We don’t know how much the Middletown Coalition for Community Safety blew on the study, but we do know that Middletown Township is blowing $45,000 of taxpayer’s hard-earned money for a similar study (see 
CONE Midstream, a joint venture between CONSOL Energy and Noble Energy (CO from CONSOL and NE from Noble Energy) was formed in summer 2014 (see 
In August 2015, MDN told you about a lawsuit brought by a group of left coast radicalized children who want to force the federal government to become communist and “force action” on mythical climate change (see 
President Trump has issued a number of Executive Orders to overturn some of the egregious over-regulation that popped up during the reign of terror known as the Obama Administration. Some of the orders encourage new pipeline development (Keystone XL and Dakota Access). Some “require” American-made pipelines to be used when building new pipeline projects. Some roll back truly onerous regulations like Waters of the United States (WOTUS)–which puts all bodies of water down to the size of mud puddles under EPA authority. Trump has been going great guns. But, those orders may not be a slam dunk, given our court system populated with Obamadroids. Here’s four things to consider, to be aware of, when it comes to Trump’s Executive Orders and directives aimed at the energy industry…
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: Rig counts remain same in PA, go up in OH; REX Pipeline in OH going down for maintenance for 2 days; Trumbull County meeting to address oil & gas prospects; gas industry gushes over positive signs; green billionaire Tom Steyer buys anti-fracking votes in Nevada; Chesapeake board members load up on cheap shares of stock; Saudis right back where they started; and more!