IFO Report – PA Shale Production Down Second Quarter in a Row
Yesterday the Pennsylvania Independent Fiscal Office (IFO) released its latest quarterly Natural Gas Production Report for April through June 2022 (full copy below). There were 133 new horizontal wells spud (drilled) in 2Q22, an increase of 13 wells (10.8%) compared to 2Q21. However, natural gas production volume was 1,836 billion cubic feet (Bcf) in 2Q22, a slight decrease (-0.9%) from 2Q21. It is the second quarterly decrease in production in a row. It appears that maybe PA has hit a plateau for natural gas production.
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Since 2015 we’ve reported on the case of Grant Township, a town that passed an ordinance cooked up by the radical Community Environmental Legal Defense Fund (CELDF) to try and block a state-approved injection well proposed by Pennsylvania General Energy (
A new audit of the Ohio Dept. of Natural Resources’ (ODNR) Orphan Well Program was released August 9 by the Auditor of State’s Ohio Performance Team (full copy below). The Ohio Auditor’s office reviews the operations of government agencies and programs and offers recommendations to improve their efficiency and effectiveness. Auditor of State Keith Faber said in the audit that ODNR is still spending only about half of the funding required to plug old wells. Faber said, “ODNR’s Orphan Well Program is moving in the right direction, but there’s still much work to do,” and “We need to pick up the pace.” It was a metaphorical kick in the seat of the pants.
Food & Water Watch (extremist radicals on the far-left spectrum) stirred up a small group of New Jersey residents to come out and protest a proposed electric generating plant to be located at the site of a current power plant in Woodbridge, NJ. Competitive Power Ventures (CPV) already operates one gas-fired power plant at the location. The plant currently powers about 700,000 homes. In 2018, CPV proposed adding a second power plant at the same location (see 
The 303-mile Mountain Valley Pipeline (MVP) project is 94% complete and in the ground. About the only thing left to build is a short 3.5-mile piece on federal land (Jefferson National Forest) and crossings either through or under several hundred creeks and swamps. We are almost there. And yet anti-fossil fuel zealots believe they can still stop the project and block it from ever finishing. We read yet another fawning ode to environmental zealots article about a small group gathering to commiserate about how they dream of stopping MVP, and it struck us, as it often does, how these people speak of themselves and their efforts in religious terms.
Pennsylvania issued seven new shale permits for the week of August 8-14, with two each going to EQT (in Greene County) and Chesapeake Energy (in Sullivan County). Ohio issued five new permits, with four of them going to Encino Energy (Harrison County). Finally, West Virginia issue five new permits with all of them going to Jay-Bee Oil & Gas (Tyler County).
OTHER U.S. REGIONS: U.S. natgas exports to Mexico increasing at West Texas border; Oil’s new Bible-thumping, Biden-bashing billionaire; Town vote sought on natural gas easement; NATIONAL: Biden freeze on oil and gas leases reinstated; Natgas futures ‘puke’ as low-ball storage already priced into market; The energy report – good news or bad news?; Winter is coming: $13 natural gas prices?; Why natural-gas prices are holding near 14-year highs; Carbon capture gets a big boost in Biden’s climate bill; INTERNATIONAL: Flotilla of diesel ships heads to Europe; The new world energy order: a battle of attrition.