In the April 2016 edition of MOGM, we look at the rise of natural gas market share and also the rise of natural gas prices. Natural gas is poised to make a big comeback in 2016 and the USA is poised to benefit from this more than any other country. The USA is the #1 natural gas producer in the world and Michigan has the #1 natural gas storage capacity of any state within the USA. Read this month’s MOGM to understand why natural gas prices are set to climb back above $3/mcf this year.
The 2015 full year petroleum production numbers are, according to RMP estimates, 98% reported. That means it’s time to review a whole host of tables and graphs showing you the top hydrocarbon producers in the Michigan Basin for 2015. Check out this annual production summary to see what got produced and where in Michigan. Also, a new feature added to our annual production summary is the estimated revenue generated by operator based on advanced calculations you’ll only find on RMP.
It was the slowest of times, it was the busiest of times. The first quarter of 2016 has been the slowest ever in Michigan oil & gas activity as it relates to new applications and permits. But, it has been the busiest time ever for applications and permits to connect Michigan Antrim wells up to vacuum systems. Click here to read more about oil & gas activity through the first quarter of 2016. Next month, RMP will recap the 2015 production numbers for the year.
Check out our interactive map of ground water contamination at the former Wurtsmith Air Force Base in Oscoda, Michigan. RMP considers Wurtsmith on our top 10 list of environmentally contaminated hot spots in the Michigan Basin. Perfluorinated compounds (PFCs) in fish surrounding WAFB were so high that Michigan Department of Community Health issued fish advisories immediately after receiving the data on May 2, 2012. Samples collected (by MDEQ) during the December 2011 investigation indicate elevated levels of PFCs in the groundwater, ranging from about 280 ppt (LF27 GP25) to 3,900 ppt (LF27 GP31). Read more by clicking through and check out our interactive Google Map of the WAFB site.
Why is a picture of a Colorado license plate the featured image for the first Michigan Oil & Gas Monthly of 2016? What does Colorado have to do with Michigan oil & gas? Read the January 2016 edition of MOGM to find out. This is our 13th issue marking the beginning of our sophomore year. Follow our monthly MOGM and tell your friends to check it out too.
Read this post about the responsible migration away from crude oil and all the associated benefits it would have for American taxpayers. We can responsibly phase out internal combustion engines and improve our economy and national security. Energy is a tax and the companies that sell us that energy at a profit have formed a monopoly over the transportation sector of our economy. Monopolies are the enemies of a free market. Learn how we can improve America by phasing out the internal combustion engine and crude oil with Fuel Cell Electric Vehicles. The featured image of this post is the Toyota Mirai FCEV. It is Toyota’s first mass produced FCEV. Mirai is the Japanese word for future.
Understanding Michigan Petroleum Production can be tricky at first. This article is a primer about the basics of petroleum production and discusses history, units of measure, and pricing. We are about to start publishing Michigan production info on a regular basis and this article will help you get the most out of how and why we report the way we do.
Welcome to our first article published in a long time using the famous Wordpress application. We’re excited to add this powerful 3rd party publishing software to our website. We look forward to writing about high volume hydraulic fracturing and oil & gas exploration in the Michigan Basin. We are always trying to learn more about what’s going on and we hope you’ll join us.