EIA DPR: Shale NatGas & Oil Production Flirt with Record Highs
Six of the seven largest shale plays in the U.S. will see an increase in natural gas production in December according to the latest monthly Drilling Productivity Report (DPR) issued by the U.S. Energy Information Administration (EIA). Sadly, the Marcellus/Utica, collectively lumped together as “Appalachia” in the report, will see the lowest increase of just 7 MMcf/d (million cubic feet per day) in production next month. The M-U’s chief rival, the Haynesville, continues to see explosive growth, an increase of 111 MMcf/d. The oil-based Permian will see an increase in natgas production of 87 MMcf/d due to associated gas coming out of the ground along with oil.
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Nuverra Environmental Solutions (formerly Heckmann) is one of the largest companies in the United States that handles the transportation and disposal of shale drilling wastewater and leftover rock and dirt from drilling. The company has major operations in the Marcellus/Utica region. We keep an eye on its performance as an indicator of whether there is more or less drilling happening in the M-U. Although the rig count in the M-U went up year over year for 3Q21, revenues for Nuverra did not.
In October the owner of the Glen Riddle Station Apartment complex in Delaware County, PA convinced a county judge to order the release of emails between officials in Middletown Township and Energy Transfer, owner of the Mariner East pipeline system (see 
Anti-fossil fuelers at Fair Shake Environmental Legal Services and the FracTracker Alliance are asking Pennsylvania residents to report the road spreading of oil and gas wastewater. Bear in mind such spreading is legal (if it’s conventional oil and gas wastewater). Also bear in mind other sources of water are sometimes spread on dirt roads in PA, so there’s no practical way to tell if the water you see being spread came from a conventional well or a nearby creek. In essence, these anti groups want to turn PA residents into rats and snitches in hopes of…what? Proving that a legal activity is taking place?
How much more of Joe Biden’s completely failed policies are you willing to tolerate? His so-called “Build Back Better” budget bill, which will cost Americans (YOU) $1.75 trillion (no, it’s NOT paid for by “someone else”), retains a new tax on methane that will jack up the rates everyone pays for natural gas by an estimated 12-34%. The price of gasoline is up 53% year over year for October ($3.291 in Oct 2021 vs. $2.158 in Oct 2020). Similarly, the price of #2 heating oil is up 59% year over year for October ($3.397 in Oct 2021 vs. $2.142 in Oct 2020). The price of natural gas has also jumped–even more!
OTHER U.S. REGIONS: Exxon launches sale of shale gas properties in Texas; NATIONAL: Schumer urges Biden to tap SPR; Oil prices edge higher as market awaits SPR decision; Shale is making too much money to rescue Biden from oil shortage; INTERNATIONAL: Russia joins OPEC+ USA pushback; For Canadian producers, most promising natural gas price outlook in years.