EIA Nov ’19 Drilling Report: Permian Gas Grows More than M-U
It looks like we may be almost at a peak–the day we knew would come (but secretly hoped never would) where not only the Marcellus/Utica, but all of the major shale plays in the country stop producing more natural gas each month than they did the month before. Yesterday the EIA (U.S. Energy Information Administration, our favorite government agency) issued its monthly Drilling Productivity Report. It shows the M-U will end up producing 33,674 million cubic feet per day (MMcf/d) of natural gas in November, and their forecast is the M-U will produce 33,720 MMcf/d in December, a gain of 46 MMcf/d (one-tenth of one percent). In other words, statistically we’re at a standstill (not growing) and in the near future we expect to see *less* monthly production. We’re just about cresting the top the hill.
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Acting like a petulant baby whose binky was taken out of his mouth, New York Gov. Andrew Cuomo is threatening to put giant natural gas utility National Grid out of business in New York State by canceling their franchise, their right to operate, and giving it to another company (see 
In September MDN told you about environmentalist wackos at the Bernheim Arboretum (about 25 miles from Louisville, Kentucky) who refuse to grant an easement for 4,000 feet of land they bought *after* the Louisville Gas and Electric Company (LG&E) already had a state-approved plan to build a new pipeline over that land as part of tiny 12-inch, 12-mile pipeline (see 
Yesterday MDN brought you an article about the supply chain in Ohio–companies that sell goods and services to upstream (drilling), midstream (pipeline) and downstream (petrochemical) companies (see 
The U.S. Energy Information Administration (EIA) recently released its “Natural Gas Annual 2018” report which shows the U.S. set new records in natural gas production, consumption, and exports in 2018. In 2018, dry natural gas production increased by 12%, reaching a record-high average of 83.8 billion cubic feet per day (Bcf/d). That’s the largest percentage increase since 1951, and the largest volumetric increase in the history of the series, dating back to 1930! Behold the miracle of shale.
MARCELLUS/UTICA REGION: Encino Acquisition Partners appoints Alexandra Pruner to Board of Directors; David Porges to step down from Equitrans Midstream board of directors; Falcon Pipeline drilling briefly shut down over instrumentation; OTHER U.S. REGIONS: New construction natural gas ban trend appears on East Coast; NATIONAL: U.S. rig count crashes again: loses nearly 100 rigs in 3 months; INTERNATIONAL: Spain top destination for U.S. LNG exports in September; Gazprom’s production up, European deliveries slip; Trinidad gas gap will claim more industries: regulator.
Gulfport Energy, one of the biggest drillers in the Ohio Utica Shale (210,000 acres), concentrates its drilling in the Ohio Utica and the Oklahoma SCOOP plays. A few weeks ago the company announced they are shopping some of their non-operated assets in the Ohio Utica (see 
The Appalachia Development Group (ADG) is leading an effort to build a ~$3.3 billion NGL storage hub in Appalachia. From the start, the thinking has been the storage hub would be located somewhere in West Virginia (see 
Some Marcellus/Utica gas flows all the way to the Midwest, to markets that include Chicago and St. Louis. Last week we reported that the Spire STL Pipeline is ready to begin service, connecting to the Rockies Express (REX) pipeline to flow M-U gas to the St. Louis area (see 
A leftist anti-fossil group calling itself Protect PT, in Penn Township (Westmoreland County), PA, backed with big money from Big Green groups, continues to sue in an effort to block shale drilling in the township. And they keep losing their lawsuits. Protect PT has launched multiple challenges to a local Penn Township ordinance which allows Apex Energy and Huntley & Huntley to drill and operate wells.
Drilling is great for local counties when it arrives. Especially for the “supply chain” in those counties–companies that sell goods and services to drilling companies. Everything from retail to convenience stores to restaurants to hotels to trucking companies and more. But what about businesses in nearby counties without any drilling activity? Is there any way they can share in the bounty too? There sure is!
Does anyone else grow weary of pompous Democrat windbags in high elected office in Pennsylvania posturing and preening to be the next gubernatorial candidate? PA’s leftist Attorney General Josh Shapiro is certainly one of them (see