Pending Natural Gas Demand Surge

Is the gas industry anticipating & preparing for the next surge in natural gas demand?  LNG, Artificial Intelligence, increasing electricity demand, closing of coal powered electrical generation plants plus other signs affecting natural gas demand are being reported.  Has it started yet and how will we see it impacting drilling in the Appalachian Basin including Pennsylvania? 

Which gas companies in Appalachia are best prepared for this new natural gas surge?

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Permalink Reply by farmgas on August 5, 2024 at 12:00pm

Will Tropical Storm Debby change the natural gas market & pricing?

Permalink Reply by farmgas on September 23, 2024 at 3:08pm

Both the Henry Hub Price & the Spot Price of Henry Hub gas both seem to be gaining in significant price lately.  Where will it might go to end 2024 and then into  2025? 

Permalink Reply by paleface on September 27, 2024 at 9:45am

Natural gas $2.93 nymex

Permalink Reply by farmgas on October 31, 2024 at 2:53am

What is the average EUR for Seneca Resources Utica wells in Northern PA?  Does it vary across their acreage?  How does it compare to Utica wells being drilled in the western part of the state?

Permalink Reply by paleface on November 1, 2024 at 4:12am

Seneca has been drilling in Mddlebury Township for the most part in the last two years.There deeper Utica wells than western Pa but there around 15-20 million a day and they sustain longer than previous wells.

Permalink Reply by farmgas on January 6, 2025 at 6:32am

It seems we are in a lull period for the gas drilling industry.  What does this reflect for our future as landowners?  Will drilling rigs return this year?  Have most tier 1 drilling sites already been drilled out?  Which areas in Pennsylvania might see the next drilling surge?

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