PA & OH Natural Gas Production Nosedived Last Week, Down 2 Bcf/d
Two days ago MDN brought you news that natural gas prices in the Marcellus/Utica region are about to get really ugly, at least for the next couple of months (see Ugly Gas Prices Coming to M-U – Demand Falls More than Production). We now have the other side of the coin to share. M-U producers are shutting-in gas production like crazy. Last week M-U gas flows went down a huge 2 billion cubic feet per day (Bcf/d)–from 32 to 30 Bcf/d.
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Last week Enbridge asked the Federal Energy Regulatory Commission (FERC) for permission to bring its Weymouth, Massachusetts compressor station online by Oct. 1 (see
Unrepentant. That’s the best single word we can think of describing the attitude of “leaders” in Grant Township (Indiana County, PA) who illegally passed their own set of environmental laws, violating the PA state constitution, in a bid to prevent a safe saltwater injection well from being built in a rural location in the town. Grant continues to use radicalized lawyers in their lawbreaking bid to prevent the well.
In September 2018, MDN brought you the news that six men had been charged with conspiring to illegally alter emissions systems on 30+ trucks with heavy-duty diesel engines, trucks used to haul water and wastewater to and from Marcellus Shale wells (see
Once upon a time, FTS International was the largest private (not publicly traded stock) well completion (fracking) company in North America. In 2017 the company went public (see
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 Enverus rig count climbed by a big 15 for the week ending Sept. 23 to hit a nine-week high of 308 active rigs. That’s the biggest one-week gain since the current price war/coronavirus downturn.
MARCELLUS/UTICA REGION: Marcellus Shale gas benefits touted by panelists; OTHER U.S. REGIONS: Blackstone completes $7 billion Cheniere partnership stake sale; Natural gas company to provide $10M in grants to nonprofits; The crown jewel of the shale patch braces for a Biden ban; California assemblyman says state’s push for electric vehicles fuels ‘environmental racism’; NATIONAL: US LNG export activity recovers after storm moves away from Gulf Coast; INTERNATIONAL: China lies and pursues coal strategy as naive enviros buy the hype; ConocoPhillips sees global oil demand returning, executive says; Are small scale plants the future for LNG?; Greta Thunberg and youth climate protests make a return.