EIA DPR: NatGas Production Rises in 6 of 7 Shale Regions, Incl. M-U

Six of the seven largest shale plays in the U.S. will see an increase in natural gas production in October according to the latest monthly Drilling Productivity Report (DPR) issued by the U.S. Energy Information Administration (EIA). The Marcellus/Utica, collectively lumped together as “Appalachia” in the report, will see an estimated increase of 74 MMcf/d (million cubic feet per day) in production next month. The M-U’s chief rival, the Haynesville, will see an increase of 82 MMcf/d. The oil-based Permian will see an increase in natgas production of 63 MMcf/d.
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In April, on the last day of the West Virginia legislative session for 2021, the West Virginia Senate unanimously passed House Bill (HB) 2581 which changes how the State Tax Department values producing oil and gas wells for property tax purposes (see 
The Ohio River Valley Institute (ORVI) is a far-left, hyper-partisan, nonprofit organization that supports liberal Democrat causes. ORVI conducted a very slanted push poll in May asking Pennsylvania residents a plethora of questions about energy. The ultimate purpose was to smear fracking and drilling for natural gas. We spotted a media story hyping some of the results of the poll stating that a “Majority of Pa. residents want fracking to end.” Far-left organization, slanted poll. What’s new, right? Except when we began to dig into the questions and answers of this slanted poll, we discovered that headline is not truthful, leaving out the real news that a majority of PA residents still support fracking.
We are fast approaching the must-attend event of the year for the Marcellus/Utica:
MARCELLUS/UTICA REGION: Columbiana County still on oil and gas drillers’ radar; Developer joins climate advocates in pushing gas-hookup ban; OTHER U.S. REGIONS: California’s request to burn natural gas OK’d by DOE as supply risks imminent; NATIONAL: As oil-well backlog shrinks, U.S. shale may upset investors and drill more; The natural gas market is a great precursor for the oil market; INTERNATIONAL: Researchers toilet-trained cows in hopes of reducing their greenhouse gas emissions.
In May MDN told you that Louisville Gas and Electric Company (LG&E) had won Kentucky state approval to build a new 12-inch, 12-mile pipeline near Louisville to supply gas to 62 homes and businesses that can’t connect to LG&E’s local natgas utility system (see
Some 130 energy, manufacturing, business, and labor trade organizations, led by the American Petroleum Institute, are sounding the alarm about Democrats’ plan to tax methane emissions into oblivion, a back-door way of attacking natural gas and forcing Americans to quit using it. The coalition of groups sent a letter to the U.S. Senate Committee on Environment and Public Works (headed by WV Sen. Joe Manchin) opposing a plan by Democrats to include the Methane Emissions Reduction Act of 2021 in the $3.5 trillion so-called budget reconciliation bill.
Europe has plenty of its own natural gas (and oil) that can readily be tapped–but they refuse to do so because they hew to the popular mythology that using fossil fuels is destroying the planet. Yet Europe must also face reality: Without burning fossil fuels, like natural gas, the continent will go dark and people will freeze to death this winter. What’s a psychotic continent and its “leaders” supposed to do? We’ll tell you what they are doing–they’re buying up LNG as fast as they can. They won’t make the natural gas themselves, but they’ll buy it from others, including the U.S.
Here’s a paradox for you that we can’t explain. Last week we reported the latest U.S. Energy Information Administration (EIA) Short-Term Energy Outlook (STEO) predicts natural gas production in the U.S. will hit an all-time high in 2022 (see
The Route 2 | I-68 Authority in West Virginia wants to expand Route 2 to four lanes from Parkersburg, WV to Chester, WV, and to extend Interstate 68 from I-79 near Morgantown, WV westward to WV Route 2 along the Ohio River Valley, some 73 miles (see
EnergyNet is an online marketplace for buying and selling oil and gas working interests (operated and non-operated), overrides, royalties, mineral interests, leaseholds, and other contracts. From time to time we spot auctions on EnergyNet from Marcellus/Utica drillers. EnerVest Energy is currently auctioning a package of 146,053 acres of leases for non-operated and overriding royalty interests (ORRI) in the Utica Shale scattered across Ohio and Pennsylvania. The EnerVest auction ends Oct 7. We have the details below.
Another great company succumbs to the siren call of ESG (environmental, social, governance). A week ago we told you that Seneca Resources, the drilling arm of utility giant National Fuel Gas Company (NFG), had signed up with Project Canary to certify its natural gas as responsibly sourced (see