PennEnergy Adopts Innovative Methane Emissions Reduction in M-U
PennEnergy Resources, LLC, the 11th largest shale driller in Pennsylvania, has introduced the use of liquid nitrogen systems (via a partnership with Kathairos Solutions) into its portfolio of emission reduction strategies, allowing for the rapid conversion of traditional pneumatic devices to zero-emission sources. The technology has been “a game-changer” for remote legacy facilities with limited access to infrastructure.
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Diversified Energy (formerly Diversified Gas & Oil), with major assets in the Marcellus/Utica region (with assets in other regions, too), owns approximately 8 million acres of leases with 67,000 (mostly) conventional oil and gas wells. The company’s business model is to buy lower-producing wells on the cheap and find ways to make them more productive. Diversified set a goal of reducing methane emissions by 50% over levels from 2020 and to do it by 2030. At the recent Hart Energy DUG GAS+ Conference and Expo, Diversified senior VP of EHS&R, Paul Espenan, said the company is pleased to announce it has already met that goal! And the company is well on its way to zero methane emissions by 2040. How is Diversified doing it?
West Virginia Public Broadcasting recently sat down with Charlie Burd, president of the West Virginia Gas and Oil Association (GO-WV), to ask him about the Mountain State’s role in supplying natural gas to the global market. The discussion covered a number of topics, including who are the biggest gas producers in WV, pipelines, including the Mountain Valley Pipeline (MVP), and why WV still has not added any new natural gas-fired power plants to its electric generating fleet.
It must be its “predict the future price of natgas” season, along with tax season. Yesterday, we told you that BMI, a Fitch Solutions company, hauled out its crystal ball to make predictions about the “front month” contract price for NYMEX natural gas (based on the Henry Hub) for the next five years, beginning with 2024 (see 
We’ve written plenty about “responsibly sourced gas” (RSG) and the certification authorities that put their stamp of approval on natural gas drillers and pipeline companies. In 2021, we brought you a 
From time to time, so-called experts will come out of the woodwork to proclaim that burning coal is better for the environment than burning natural gas. Cornell professors Robert Howarth and Anthony Ingraffea (Ingraffea is now retired) attempted to make that case back in 2011 (see 
The problem-plagued Freeport LNG export plant remains out of order. The plant had been mostly offline following an episode of cold temps in January (see 
OTHER U.S. REGIONS: Cheap natgas means lower electricity prices except in Texas; Illustrating the absurdity of New York’s energy transition; New BLM drilling rule could put Wyoming O&G on life support; NATIONAL: Biden admin pressured Snopes to change fact-check rating on gas stove ban; Mandating social changes to achieve net zero emissions is a fool’s game!; INTERNATIONAL: Oil shows little change awaiting Israel response; China imported record amounts of crude oil in 2023.