In the October 2016 MOGM we look again at the issue of putting Antrim Shale Wells on a vacuum system. We look at the numbers, like always, and we end with some final thoughts on how the word “fracking” has ironically set back environmental protection.
At this point in October of 2016, all the reporting through the first six months of 2016 is complete. RMP has again downloaded, parsed, and analyzed the Michigan hydrocarbon production data for the Michigan Basin. Click through to check out our reporting and graphical analysis of Michigan Basin production. This post’s cover photo was taken 10/21/2016 and is the brand new 700 MW Alpine Natural Gas Power Plant west of Gaylord. Photo Credit: Neo.
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.
RMP’s mission is basically to do what is right for water. Protecting fresh water is important. Fresh water is key to life and happiness. Without fresh water we have nothing. But, we need energy. All forms of energy production require water. Producing energy for profit can foster motivations that put acquiring personal wealth above that of protecting community water sources. Understanding economic motivations can be complex but RMP is up to the task as economics is our strongest subject. Join RMP as we journey to learn energy economics.