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.
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.
The big story in July of 2015 is the expiration of 8 HVHF permits to drill into the Ordivician Collingwood. These permits expiring is just the latest piece of evidence in a long line of recent indications that HVHF in Michigan using millions of gallons of water per frac is over. RMP has been covering high volume hydraulic fracturing in Michigan since it began and we have gathered a ton of data about it. We have financial data, drilling information, fracing data, photos, videos and more. Read this month’s MOGM to find out why we are forecasting HVHF in Michigan’s Collingwood formation is over.