M-U Rigs Even @ 36; Haynesville Even @ 55; Nat’l Down 1 @ 562
Last week, the combined Marcellus/Utica Baker Hughes rig count remained at 36 active rigs for the fifth week in a row. The M-U’s chief competitor, the Haynesville, maintained its count of 55 active rigs, operating 19 more than the M-U. The national count lost 1 rig last week, bringing the total down to 562 rigs. Baker Hughes said the number of oil rigs rose by 2 to 433 last week, the highest total since June 2025, while gas rigs fell by 3 to 121, the lowest since October 2025. Read More “M-U Rigs Even @ 36; Haynesville Even @ 55; Nat’l Down 1 @ 562”

New York State, with its bizarre energy policies, has officially bankrupted yet another company. Danskammer Energy, which operates a gas-fired peaker power plant along the Hudson River in Newburgh, NY, had tried for years to upgrade the plant (since 2018), but finally threw in the towel in June 2024 (see
The name Philadelphia Gas Works (PGW) pretty much says it all. PGW is a natural gas utility serving the Philly region. PGW is the country’s oldest and largest municipal-owned gas company, serving 500,000 customers. It’s NOT an electric company; it’s a natural gas company. Yet PGW is now seriously considering two strategies to reduce “carbon emissions” as part of its Low Carbon Pathways project. The first option involves full electrification, shifting from natural gas to electric systems for heating, cooking, and appliances. Again, PGW has ZERO electric infrastructure in place. In Philadelphia, PECO (formerly the Philadelphia Electric Company) is the sole local utility company responsible for delivering electricity. In other words, PGW is considering committing suicide (going out of business) by giving all of its business to PECO. Bring out Old Sparky.
In early April, the EPA revised certain Biden-era oil and natural gas regulations, specifically aspects of the 2024 Clean Air Act rules (OOOOb/c, known as “Quad O”), to reduce compliance burdens and lower energy costs (see
As we so often say, we love how creative and innovative the oil and gas industry is! We spotted an article that discusses how AI (artificial intelligence) is transforming oil and gas drilling operations across diverse environments—from Alaska’s harsh North Slope to deepwater operations off Guyana to U.S. shale fields like the Permian Basin and (yes) the Marcellus Shale. AI-driven systems now interpret real-time sensor data from drill strings, adjust drilling parameters automatically, optimize directional drilling, monitor drilling fluid chemistry, and evaluate cement integrity faster than human operators. Results include drilling speeds up to 50% faster and pressure-imbalance detection 10-12 minutes earlier than with conventional methods.
Democrats are attempting to pull a new con job on the American public. They are, according to the New York Times and Grist, “recalibrating” their climate strategy amid economic concerns, moving away from aggressive anti-fossil-fuel positions that defined the Biden era. Americans now see the exposed face of environmental extremism that seeks to ban fossil energy, and they don’t like it. So, in order to cling to what little power they have left, the Dems are changing their messaging (spinning new lies and half-truths) that downplay their ongoing, irrational hatred of fossil energy. Don’t be fooled.
OTHER U.S. REGIONS: Hochul defends fracking ban as Blakeman presses for it to be overturned; NATIONAL: U.S. natural gas futures post weekly loss; Federal judge rules the EPA unlawfully ended “justice” block grants; Largest wind farm in the U.S. slated to begin commercial operations; Sierra Club uses N.C. turkey farm stock photo to attack Texas produced water reuse; CFACT presses BlackRock’s Larry Fink on ESG opt-outs; INTERNATIONAL: Oil drops to four-month low; LNG tanker traverses Hormuz as deal lifts reopening hopes; Shell plots $1B wind farms sale; ExxonMobil explores acquisitions including Woodside.