Enverus US Rig Count Leaps Up 13, Marcellus Rigs Up by 4
The Enverus U.S. rig count rose by 13 to 336 over the past week, after having slid backward the week before (see Rig Count Slides Backward by 3, Marcellus Lost 2 Rigs Last Week). The best news? The Marcellus region gained four active rigs, two in the dry gas northeast region, and two in the wet gas southwest region. The Ohio Utica Shale maintained its seven active rigs.
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The U.S. Court of Appeals for the First Circuit, located in Massachusetts, has ruled that Enbridge, builder of the Weymouth compressor station, can keep a previously-issued state permit for the station, a permit that allows it to operate. This is the final humiliation and defeat of rabid anti-fossil fuelers who dedicated themselves to blocking the plant.
We think we’ve spotted a potential new export market for northeastern Pennsylvania natural gas. New Fortress Energy (NFE) issued a joint announcement yesterday with the Philippine National Oil Company (PNOC) to say NFE will build LNG infrastructure and new gas-fired power plants in The Philippines. The two signed a “memorandum of understanding” (MOU).
Diversified Gas & Oil (DGO) is a fascinating company (
LNG was the main reason for the huge drop in natural gas prices two days ago (see
A huge “thank you” for the hundreds and hundreds of well wishes and prayers for my wife and myself following our COVID-19 diagnosis. I am completely humbled and moved by your kind words of encouragement. I’m happy to report we have both turned a corner. This disease is long and tough and at least for us, there is no quick resolution. We still have coughs, periodic fever, etc., but the symptoms are lessening. We feel better. I suspect it will be at least another week before we will see the end of our symptoms…
MARCELLUS/UTICA REGION: CNX Resources installs VAtitan-TC connection; OTHER U.S. REGIONS: Henry County awarded $1.5 million grant for natural gas service; NATIONAL: Humbled US shale sector on recovery path with disciplined approach; Why Joe Biden and Kamala Harris must support ‘fracking’ for oil and natural gas; Energy demand to receive a work-from-home boost this winter; Oxy CEO says U.S. oil production will never see pre-pandemic levels; INTERNATIONAL: Will Oil reach $50 at the end of the year?