m1neral

Fun Fact Friday: Last month, the Federal Energy Regulatory Commission (FERC) authorized the Mountain Valley Pipeline to begin operations after six years of construction. The pipeline system is over 300 miles long and can move up to 2 BCF/day of natural gas from Wetzel County in West Virginia, to an interconnection point in Pittsylvania County in Virginia. From there, the natural gas can be moved to markets in the Northeast, Mid-Atlantic, and Southeast. #funfactfriday #MVP #naturalgas #m1neral

Fun Fact Friday: Consumption of electricity in the US commercial sector has recovered to pre-pandemic levels, with most of the growth coming in a handful of states experiencing rapid development of large-scale computing facilities such as data centers. #funfactfriday #energyconsumption #naturalgas #m1neral

Fun Fact Friday: The U.S. Energy Information Administration (EIA) is the statistical and analytical agency within the U.S. Department of Energy. EIA collects, analyzes, and disseminates independent and impartial energy information. The EIA is located in Washington, DC and has around 325 employees and an annual budget of over $126 million. #funfactfriday #eia #energy #m1neral

Fun Fact Friday: The famous New York City Independence Day fireworks show hosted by Macy's uses more than 75,000 fireworks shells and is estimated to cost around $6 million. #funfactfriday #happy4thofjuly #fireworks #m1neral

Happy Independence Day from the M1neral team! #happyindependenceday #4thofjuly #america #m1neral

Fun Fact Friday: The first US oil company, known as Pennsylvania Rock Oil Company, was incorporated in 1854 by George Bissell and six other investors. The company soon fell victim to the Wall Street Panic of 1857, and was taken over by financier Robert Townsend, who rebranded the company as the Seneca Oil Company of of New Haven, Connecticut. #funfactfriday #oilandgashistory #firstoilcompany #m1neral

Fun Fact Friday: Today it is estimated that as much as 30% of the over 7,257 trillion cubic feet of known natural gas reserves on earth are stranded, or unusable to due to either physical or economic constraints. By contrast, the entire US consumes only around 32 trillion cubic feet of natural gas each year, meaning that the stranded gas total is around 226 times larger than annual consumption. #funfactfriday #oilandgasfacts #strandedgas #naturalgas #m1neral

Fun Fact Friday: The Railroad Commission of Texas (RRC) was created in 1891 to oversee operations of railroads, terminals and wharves across the state. With the later passage of the 1919 Oil and Gas Conservation Law, its powers expanded to include regulation of oil and gas production as well. Today, the RRC is the state agency with primary regulatory jurisdiction over the oil and natural gas industry, pipeline transporters, natural gas and hazardous liquid pipeline industry, natural gas utilities, the LP-gas industry, critical natural gas infrastructure, and coal and uranium surface mining operations across the state. #funfactfriday #texasrrc #energyhistory #m1neral

Fun Fact Friday: The Bureau of Land Management (BLM) is a government agency that oversees more than 247 million acres of land, or 1/8th of the total US landmass. The agency also manages the federal government's nearly 700 million acre subsurface mineral estate, which has over 63,000 oil and gas wells that generate billions of dollars of revenue every year. #funfactfriday #bureaulandmanagement #oilandgas #minerals #m1neral

Fun Fact Friday: The Texas Gulf Coast and Louisiana Gulf Coast regions account for over 48% of the total US refining capacity, coming in at 5.5 million barrels per day and 3.3 million barrels per day respectively. #funfactfriday #energyfacts #oilandgas #refining #m1neral