U.S. natural gas production continued to increase in August, setting a new daily production record of 92.8 billion cubic feet per day (Bcf/d) on August 19, 2019, according to estimates from IHS Markit. Natural gas production also set a new monthly record in August, averaging […]
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Updates on selling gas rights in America.
Natural Gas Stands Out Among Fossil Fuels
Among fossil fuels, only natural gas will likely continuously grow in demand through 2035. That is the conclusion of a new report from McKinsey Energy Insights, the global energy market intelligence and analytics arm of the management consulting firm McKinsey & Co. In addition, the […]
Natural Gas Inventories as of September 6, 2019
The EIA has released its natural gas inventory report, showing another build of 78 Bcf as of September 6. Working gas in storage was 3,019 Bcf as of Friday, September 6, 2019, according to EIA estimates. This represents a net increase of 78 Bcf from the previous […]
Marcellus Shale natural-gas production not currently causing widespread hydrocarbon contamination of domestic wells that tap shallow upland groundwater
A new USGS study reports that shale-gas production in northern Pennsylvania has not currently caused widespread hydrocarbon contamination in the upland aquifer zone used for domestic supply. The study focused on groundwater in upland settings—high or hilly land—where natural processes are less likely to contribute methane and […]