Petroleum and Natural Gas Predicted to Remain Top of Sources of World Energy Consumption Through 2040
The future looks bright as Petroleum and Natural Gas are predicted to remain the top energy sources for world energy consumption through 2040 according to the U.S. Energy Information Administration (EIA)
Renewable energy sources are growing in importance and are a rapidly increasingly part of the U.S. energy portfolio. These energy sources complement more traditional sources both at home and across the globe. That said, oil and natural gas will remain important sources of energy for years to come. The graph above depicts the increasing consumption of natural gas as well as petroleum and other liquids, as they remain the top energy sources for world energy consumption through 2040 according to the U.S. Energy Information Administration (EIA)
“It is one of the most extraordinarily important, disruptive, technologically driven changes in the history of energy,” said Ed Morse, global head of commodity research at Citigroup. “It was revolutionary for the U.S. economy and it was revolutionary geopolitically.”
The process of hydraulic fracturing is not new, in fact, in Michigan hydraulic fracturing has been used since the 1950s. An estimated 12,00 Michigan production wells have utilized the method for producing natural gas and oil effectively, efficiently, and safely. However, its the combination of new hydraulic fracturing technologies and horizontal drilling that have helped spur the Shale Revolution and enabled the United States to dramatically increase our own oil and natural gas production. Michigan producers consistently have used hydraulic fracturing to meet our state’s energy needs while protecting the environment
Hydraulic fracturing is a safe, proven and essential process for recovering natural gas and oil from reserves found deep below the earth and often in tight rock. Low Permeability rock formations, such as the Antrim Shale formation, are common to Michigan’s geology and contain stores of natural gas that are important to Michigan’s energy supply. Hydraulic Fracturing is essential to the successful development of many oil and gas wells in Michigan because of this low permeability. We could not produce economically viable volumes of natural gas without the use of hydraulic fracturing.
Friday, August 10 is the last day to apply for 2018 Energy Education for Michigan Scholarships!
The fall 2018 Energy Education for Michigan Scholarship application is available on the MOGA Website at http://www.michiganoilandgas.org/scholarships The Application will be open through August 10th
In 2017, Energy Education for Michigan (EEM) completed its Scholarship Application Re-vamp with the help of MOGA's Education Committee. This re-vamp was intended to honor the original intent of the donors to both the James Bigard and Tony Howard Scholarships while increasing the reach of EEM scholarships. A combined, fully online application has accomplished just that.
This year, another great scholarship fund will be made available to Michigan students under the same EEM online application. The William k. Roth Scholarship Fund was established following the Oct. 16th, 2017 passing of William K. "Bill" Roth, legendary Michigan petroleum geologist and mentor, whose steadfast leadership spanned his 58 year career in Michigan’s Oil and Gas Business.
Cutting edge technologies and bright young minds will continue to drive Michigan’s oil and gas industry into the future. Please share this incredible scholarship opportunity with students, teachers, and schools.
Visit: http://www.michiganoilandgas.org/scholarshipapplication to apply!
Tue, Jul 31, 2018 10:00 AM - 11:00 AM EDT
Join us as we look at Michigan’s Critical Infrastructure with Enbridge Director of External Affairs, U.S. Peter Holran and Michigan Community Engagement Manager for Enbridge, Paul Meneghini.
Not an Industry Advocate yet? Join the Free Program Today to participate (Join Here) in this and other educational webinars, access fact sheets and talking points on issues relevant to our industry and participate in unique opportunities; tours and training sessions
When: Tuesday July 31, 2018 at 10:00 a.m.
On June 29, Enbridge delivered its final 3 reports to the State of Michigan in accordance with its November 2017 agreement. These assessments evaluate technologies and actions aimed at safeguarding the environment and energy infrastructure. These, in conjunction with the Draft Risk Analysis (released by the state on July 19) and other assessments will be used to help inform discussions on the future of Line 5 and energy infrastructure in Michigan. To Learn More visit http://www.michiganoilandgas.org/blog or visit https://www.enbridge.com/
The Call in Number and GoToMeeting Link will be emailed to those who Register
The Michigan Association of Professional Landmen (MAPL)’s Annual Golf Outing is scheduled for Friday, Aug. 3 at Bucks Run Golf Club near Mt. Pleasant, Michigan.
The event will begin with a continental breakfast of fruits, yogurt, muffins, bagels, juice and coffee and registration at 8:30 a.m., followed by the 10 a.m. shotgun start.
At the conclusion of the 18-hole scramble-format golf tournament lunch will be served, featuring a “Build-a-Burger” bar with all the trimmings.
The day will be topped off with an award ceremony where trophies will be awarded to the top three teams, along with individual prizes for winners of on-course games. A raffle for what are promised to be amazing prizes is also on tap.
RSVPs are needed by Aug. 2. The cost of registration is $100 per person for golf and lunch, $80 per person for golf only and $25 per person for lunch only for those that are not golfing.
Bucks Run is located approximately six miles east of Mt. Pleasant. Turn north on S. Chippewa Rd. and then turn east on Bucks Run Dr.
ADDC President Christina Forth and the members of Region II invite you to the 67th Annual ADDC Convention
and Educational Conference in Evansville, Indiana September 17—22, 2018 at the Double Tree by Hilton.
Region II may be one of the smallest regions in the Association, and Evansville may not be a big city,
but sometimes BIG things come in small packages!
Click Here for the Seminar Schedule
We look forward to seeing you in Evansville, Indiana September 17-22, 2018. Better yet, come early, or stay
later so you can visit some of the many interesting sites we couldn’t pack into convention time. Group rates tare avaliable the three days before and after the convention.
On July 19, the State released the independent risk analysis of potential impacts of a “worst case scenario” spill. The Michigan Tech Team, directed by Guy Meadows of Tech’s Great Lakes Research Center submitted the draft report to state officials on July 16, 208. According to the State, the worst-case approach implemented in the study is based on the accumulation of worst-case assumptions and explicitly excludes consideration of the probability of such events.
The scenarios in the report are “purely hypothetical” and “extraordinarily unlikely to happen,” Enbridge spokesman Ryan Duffy said in a Thursday statement.
Enbridge’s safety protocols on preventing a worst-case spill include a 24-hour control center, automatic shut-off valves and trained employees who would be able to respond quickly, he said.
“We all agree that the state’s natural resources are a treasure that must be protected,” Duffy said. “While Line 5 continues to operate safely, and there never has been a release in the Straits since it was installed, the State and Enbridge are working on new safeguards to enhance pipeline safety.”
The Draft risk analysis is yet another assessment intended to insure the protection of the Great Lakes while maintaining the critical infrastructure link between Michigan’s peninsulas and will be used in conjunction with the other assessments to help inform discussions on the future of Line 5 and energy infrastructure in Michigan.
On June 29, Enbridge delivered its final 3 reports to the State of Michigan in accordance with its November 2017 agreement. These assessments evaluate technologies and actions aimed at safeguarding the environment and energy infrastructure. They will be used to help inform discussions on the future of Line 5 and energy infrastructure in Michigan.
The comprehensive studies provided to the State of Michigan addressed the following topics:
- Technologies and strategies to prevent vessel anchor strikes to Line 5 and critical infrastructure in the Straits of Mackinac;
- Potential technologies that provide leak detection and coating integrity assessment on the underwater portion of Line 5 at the Straits; and
- Prioritization and potential safety enhancements on Line 5 water crossings outside the Straits of Mackinac.
These assessments are the result of the coordinated efforts between State-appointed experts, independent consultants and Enbridge and can be found on the PSAB Website, Click Here for More.
IPAA's Energy In Depth has identified several issues with the Environmental Defense Fund's Recent Methane Study
According to an article recently published by Energy In Depth, these include;
#1. Exclusive Use of Facility-Scale Study Data Goes Against National Academy of Sciences’ Recommendations and Likely Exaggerates Emissions
#2. Lack of Industry Collaboration Goes Against National Academy of Sciences’ Recommendations
#3. “Alternative” Emissions Estimate That Is In Line With EPA Greenhouse Gas Inventory (And Past EDF Research) Is Not Included In Report
#4. Attempts to Discredit Study That Finds Misrepresentation of Episodic Events Can Lead to Inflated Emissions Estimates Via Daytime Bias
#5. Despite EDF’s Alarmist Characterizations, Natural Gas’ Climate Benefits Remain Clear
You can read detailed explanations on each of these issues online on the Energy In Depth, Climate & Environment Webpage