The Enverus Team Knows Data
As we went through our interview covering "Hanesville and Appalachain - Gas Focus" with Rob McBride, Sr. Director, Enverus, the numbers confirmed that pure gas plays are set to rise.
Appalachian – Marcellus and Utica ➢ Rigs have fallen off in the Appalachian, but there are still rigs running and new wells being drilled. Production is expected to continue to climb in the Marcellus and Utica. The Mountain Valley Pipeline (MVP) is expected to come online in early 2021, which will add 2 Bcf/d of takeaway capacity to the region and send gas to the Transco Zone 5 region. Should MVP meet the same fate as the Atlantic Coast Pipeline, which was cancelled in early July, pipeline bottlenecks could be seen in the region as early as mid-2021. Enverus does not expect this to happen.
Haynesville: ➢ With the drop in crude oil prices, higher natural gas prices are needed to make pure gas plays economical. Higher gas-directed production will offset the production losses from associated gas in order to meet demand in the US. As production grows, additional takeaway capacity is needed from the play. At least four pipeline projects have been proposed to transport gas from the Haynesville to demand in the Gulf Coast.
Rob, thanks for stopping by and visiting with us about your team's newest report! Check the link below to download the report, or contact Rob.
About Enverus
Robert McBride
Proven energy industry team leader, project manager, business developer. 10+ years of profitable results managing physical energy assets and building businesses. Experienced engineering and technology manager
For the full report : Haynesville & Appalachian - Gas Focus
About Enverus
Enverus is the leading data, software, and insights company focused on the energy industry. Through its SaaS platform, Enverus provides innovative technologies and predictive/prescriptive analytics, empowering customers to navigate the future. Enverus’ solutions deliver value across upstream, midstream and downstream sectors, enabling the industry to be more collaborative, efficient and competitive. With more than 1,300 employees across the globe, the Company’s solutions are sold to more than 6,000 customers across 50 countries. Enverus is a portfolio company of Genstar Capital and brings together the technology of Drillinginfo, RS Energy Group, PLS, 1Derrick, MineralSoft, Midland Map Co., Oil-Law Records, MarketView, DataGenic Group, PRT, Oildex, Cortex, Red Dog Systems, and RigData as one company. Creating the future of energy together. Learn more at www.enverus.com.
