Natural Gas News – April 26, 2019

The Next Frontier for Demand Response: Natural Gas

Tech Media reported : This year’s polar vortex in the Midwest and Northeast strained our grid systems and compelled many utilities in the regions to ask customers to conserve energy. These extreme weather events tend to focus our collective attention on potential weaknesses in our grid systems. Utilities are working 365 days a year to prevent disruptions, reduce emissions and improve service. This increasingly has included looking for new demand side management opportunities as part of the solution. Demand response (DR) programs have been widely adopted by utilities in order to balance supply and demand for the electric grid. These programs have become increasingly effective as customers recognize the benefits of installing smart thermostats, key devices for utilities to facilitate DR participation and savings. For more on this story visit greentechmedia.com or click https://bit.ly/2XPQ66x

US Total Oil, Natural Gas Rig Count Falls 10 On Week To 1,066

S&P Global reports: The combined US oil and natural gas rig count fell by 10 to 1,066 this week, S&P Global Platts Analytics data showed Thursday. The decline pushed the total number of active rigs to the lowest level seen since January 2018, and down 13.5% from the recent high of 1,233 in mid-November. The number of active oil rigs fell by eight to 846, a 14-month low, while the active gas rig count dipped by three to 215. The addition of a single cyclic steam rig pared the overall decline. The Permian Basin led the decline, falling by seven to its early March level of 462. The number of active rigs in the Eagle Ford play dipped by two to 84, a 15- month low, and drillers in the Denver-Julesburg Basin idled three rigs, taking the total number active there down to 28. The Bakken Shale rig count ticked one higher to 60, continuing a rangebound trend there that has held for most of 2019. For more on this story visit spglobal.com or click https://bit.ly/2IYnHag