Michigan is playing a leading role in Carbon Capture & Sequestration (#CCS). Developing solar & wind as renewable energy resources is very important, but there is a reality that fossil fuels will provide a majority percentage of global energy for many decades to come even if every single world citizen & legislator focused on eliminating coal & oil. These are facts. Check out RMP’s report on why #CCS is so important, how Michigan is playing a leading role in #CCS, and check out RMP’s exclusive new map of Carbon Dioxide sequestration wells. Join RMP to learn about the energy issues that matter most.
Michigan oil & gas activity gets busy in August of 2016. August has more applications for new wells than all seven previous months of 2016 combined. We have an applications for Carbon Dioxide Sequestration, High Volume Hydraulic Fracturing (HVHF), as well as applications to explore the Trenton Group in Lenawee & Monroe Counties. The HVHF well takes us down memory lane and we examine why the Integrated Assessment of HVHF published by the University of Michigan’s Graham Sustainability Institute is a fundamentally flawed report with flawed timing. Click through to read all about it.
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.
Marathon Oil, a Houston Texas company, has recently purchased Encana’s (Calgary, Canada) leased acreage and producing wells in the Michigan Basin. Encana was given millions of gallons of Michigan freshwater to test the Collingwood shale and was permitted to use millions of gallons more. Their results, however, have not been economically viable for a for-profit company. Why would Marathon want to try the Collingwood after Encana’s failures here? Learn more about Michigan petroleum geology by reading this basic Michigan Petroleum Geology 101 primer.