Baker Hughes | Energy Services | Industrywide Issues | Ohio | Pennsylvania | Research | West Virginia
Baker Hughes U.S. Rig Count Stopped Bleeding, Gained 1 Rig Last Week
Last week, the rig count bleeding stopped, at least temporarily, with the addition of one rig to the Baker Hughes U.S. rig count. We ended the week with 537 active rigs. The count has been down 16 of the last 19 weeks, beginning on May 2. Fortunately, the Marcellus/Utica count has remained constant for the past seven weeks, at a combined 36 active rigs. PA operated 18 active rigs. OH ran 11 rigs. And WV operated 7 rigs. Twenty-four rigs targeted the Marcellus and 12 rigs targeted the Utica last week. Baker Hughes said oil rigs rose by two to 414 last week, while gas rigs fell by one to 118. Read More “Baker Hughes U.S. Rig Count Stopped Bleeding, Gained 1 Rig Last Week”
Two weeks ago, Marietta, OH, officials, including the city’s Republican mayor, law director, water superintendent, and a majority of city council members, asked the Ohio Department of Natural Resources (ODNR) Oil and Gas Chief Eric Vendel to deny a permit application from DeepRock Disposal Solutions for the Stephan #1 injection well, which would be the company’s fifth injection well in the area (see 
There is a disagreement brewing between those who operate the PJM Interconnection power grid and Big Tech, including Amazon, Google, Microsoft, and others, regarding the issue of adding data centers to the PJM grid. PJM recently proposed a fast-track stakeholder process to develop rules by the end of the year for interconnecting data centers to its system while ensuring the region has enough power supplies. The proposal would treat new data centers over 50 megawatts (MW) as “non-capacity-backed load” (or NCBL). Under the proposal, PJM could curtail (reduce or cut off) power deliveries to data centers with NCBL status before the grid operator moves to pre-emergency load curtailments for other electricity users. Big Tech doesn’t like it one little bit. 
According to the doom and gloomers at Bloomberg, U.S. LNG developers are “racing” to cash in on the nation’s natural-gas export boom while they still can, as global LNG supply will exceed demand by 2027. They’ve got to grab the money now before it disappears, according to Bloomberg. Four U.S. LNG projects with the capacity to export 63 million tons of LNG a year are still awaiting final investment decisions, while $35 billion in U.S. plants already under construction “face headwinds.” To add tension to the article, it points out that by 2030, rival Qatar will have finished its own years-long LNG buildout. By 2031, a massive pipeline expansion by Gazprom PJSC could begin funneling more of Russia’s natural gas to China. Yes, these LNG exporters along the Gulf Coast may as well hang it up right now because, you know, it’s all doom and gloom. 
We’re still waiting for the Federal Energy Regulatory Commission (FERC) to gain two new members, which would give the commission its full complement of five members (with three of them Republicans). In June, President Trump nominated Laura Swett of Vison & Elkins to replace Republican Mark Christie, who had been elevated to Chairman under Trump (see 
Last week, MDN brought you the news that Freeport Township, located in Greene County, PA, declared a Disaster Emergency on June 23, 2025 (see 
Upper Burrell (Westmoreland County, PA) town supervisors have historically been receptive (or at least tolerant) to the Marcellus Shale industry that has so blessed their town and Westmoreland County. But attitudes seemed to change last December, at least with respect to wastewater injection wells (see 
Unlike Ohio, with its over 200 oil and gas wastewater injection wells, Pennsylvania operates just 18 such wells (
We’re not sure how to feel about this story. Outrage. Relief. Sarcasm. Befuddlement. All of those emotions swirl in our heads. For years, we have chronicled the radical/left position of former Attorney General (and now Governor) Maura Healey in Massachusetts with her opposition to pipelines and natural gas energy (here’s one of many examples: 
Hardly a day goes by without a story about AI data centers here on MDN. Why? Data centers use electricity either from the local grid or generate it themselves on-site. Either way, the electricity almost always comes from gas-fired power plants. Increasingly, the data centers themselves are opting to host their own gas-fired power plants on-site. Whether the power is coming from the grid or on-site, M-U molecules power it. But there’s a problem for data centers with on-site gas needs: Either there isn’t a pipeline (yet) to the site, or if there is a pipeline, it’s not big enough to flow the gas required. A company in Houston, Texas, has developed a brilliant solution for data centers that require gas and are ready to build now… 
Yesterday, the Pennsylvania Independent Fiscal Office (IFO) released its latest quarterly Natural Gas Production Report for April through June 2025 (full copy below). There were 105 new horizontal wells spud (drilled) in 2Q25, a huge increase of 42 wells (+67%) compared to 2Q24. Natural gas production volume was 1,954 billion cubic feet (Bcf) in 2Q25, up 162 Bcf (+9%) from 1,792 Bcf produced in 2Q24. The average Pennsylvania spot hub price was $2.38, an increase of $0.90 (+61%) from the prior year. All in all, it was a great second quarter for the PA Marcellus. 
U.S. natural gas futures rose for a sixth consecutive session, with production lower, LNG feedgas flows holding up, and the weather forecast calling for higher temperatures. The NYMEX “front month” futures contract for October settled up 1.8% at $3.064/MMBtu. Traders think that the price will move in the upward direction for a while (let’s hope so). However, we aren’t out of the woods just yet. As for the physical spot price of natural gas, the Henry Hub spot price yesterday closed at $2.895, up 27 cents from the previous day. A very nice bump. What about the spot price around the Marcellus/Utica? 
Range Resources sunk the very first Marcellus well back in 2004. It was the beginning of the shale revolution in the northeast. Range CEO Dennis Degner spoke at the recent Hart Energy DUG Appalachia Conference in Pittsburgh (August 27th). He discussed driving sustainable growth in the Marcellus/Utica region. The number one way to do that? More pipelines. But what about the coming Constitution Pipeline that will flow another 660 MMcf/d of Marcellus molecules out of northeastern Pennsylvania into New York and beyond? 
On Tuesday, the Pennsylvania Department of Environmental Protection (DEP) provided an update on the cleanup of the spill from the closed Eureka Resources frack wastewater treatment facility in Williamsport (Lycoming County), PA. On August 17, Eureka’s Second Street facility (one of the three previously operated by Eureka) leaked some of its stored untreated wastewater, which ended up in the nearby Susquehanna River via a storm drain (see