November 2nd, 2020

October Activity Summary

Largest Change by Basin

Oil: Permian +11 Hz Rigs

Gas: Haynesville +2 Hz Rigs

 

Latest drilling rig info &

interactive charts and maps

Click below

 
Rig Update

Sources: Baker Hughes, Primary Vision, EIA, Mudrock Energy

(most recent data as per bulletin date)

Popular Mudrock Energy Posts

 

Natural Gas Exports - 2019

 

A net exporter of natural gas since 2017, the US reached a record high in 2019. Using the data from the EIA, I plotted the export locations to the destination.

 

See the full post for interactive charts.

 

 
Full Post
 

Lateral Spacing - Alteryx Continues to Impress

An issue I've struggled with for years is an efficient method to calculate lateral spacing across thousands of wells. Enverus has a tool in Transform, but it has been cost-prohibitive for many teams. Proximity calculations in GIS provide a rough estimate but lack refinement for detailed models...

 
Full Post
WV Horizontal Natural Gas Growth

Horizontal natural gas production in WV has grown significantly over the past several years. Focused on operators with at least 10 mmcfd there are interesting trends. Over both 60 and 30-month periods, Antero led in volume growth. However, Northeast Natural Energy and Tug Hill led these periods in percentage growth.

Other Industry News

Knocked out by COVID-19, does US oil and gas have the juice to rally again?

The U.S. oil and gas industry is flat on its back, with the fewest rigs in the field since consistent records were kept. The shale boom - an all-American oil and gas frenzy fueled with cheap money funding pricey horizontal drilling rigs that produced record supply - is now a bust, cut off at the knees as the world retreats into its living room to wait out the coronavirus pandemic.

EQT continues growth, buying Chevron's Appalachian shale gas assets

By Gerson Freitas Jr. on 10/28/2020 (Bloomberg) --EQT Corp. agreed to buy Chevron Corp.'s Appalachian shale assets for $735 million as the biggest producer of U.S. natural gas takes advantage of an industry slump to expand. The transaction is expected to close by the end of the year, EQT said in a statement on Tuesday.

Ohio Gas-Fired Power Plant Adding Hydrogen to Cut Emissions Profile - Natural Gas Intelligence

A natural gas-fired power plant under construction in southeastern Ohio plans to also use hydrogen to lower its emissions profile and become one of the first electric generators in the country to burn the fuel.

West Virginia is awash in natural gas, but rural communities are losing service - Mountain State Spotlight

Subscribe to our FREE newsletter today Rocky Shamblin knows the gas lines snaking up his hollow better than anyone. Fifty years ago, he laid them. Now he's retired and on disability after decades of manual labor on the gas fields left him with an injured back.

Welcome to the inaugural publication of the Rock Report.

Released monthly, the bulletin highlights popular posts from Mudrock Energy, a monthly horizontal rig summary, and third-party news and papers.

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The Rock Report is for informational purposes only - it is not investment advice.

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