Marcellus

Marcellus Shale ImageThe Marcellus shale play runs through northern Appalachia, primarily in Pennsylvania, West Virginia, New York, and Ohio. It is part of the Devonian black shale and the thickness of the gas-producing rock is as much as 900 feet. The formation runs an estimated 600 miles north to south, and is estimated to hold as much as 500 trillion cubic feet of natural gas, about 50 tcf of which is recoverable using current technology. It is one of the richest gas fields in North America.

The proximity to customers in Eastern urban centers is what makes the Marcellus so desirable. Fort Worth-based Range Resources was one of the early players in the Marcellus and still has a huge position in the play. Norway’s Statoil has signed a joint venture with Chesapeake Energy to work together in the Marcellus, and other US and foreign companies also are involved in drilling and infrastructure development.

Marcellus

Marcellus Shale News

Pennsylvania's historic transformation continues

May 1, 2013

Given the demanding schedules oil and gas professionals must maintain, it is easy to lose sight of the positive progress the industry continues to make—and what these collective efforts, aimed at safely producing clean-burning domestic natural gas, mean for the Northeastern US and the country as a whole.

Williams Partners, Shell form midstream JV

Apr 16, 2013

Williams Partners LP, Tulsa, and Royal Dutch Shell PLC have joined to form Three Rivers Midstream, a company to provide gas gathering and gas processing for production in northwest Pennsylvania. The venture will invest in both wet-gas handling infrastructure and dry-gas infrastructure serving Marcellus and Utica shale wells.

PGC: US natural gas resource estimate rises 25% in 2 years

Apr 15, 2013

Technically recoverable US natural gas resources were a record 2,384 tcf at yearend 2012, 25% (486 tcf) more than the previous record-high assessment 2 years earlier, the Potential Gas Committee reported.

Range taps Marcellus for first quarter output mark

Apr 11, 2013

Continued success of a drilling program mainly in the Marcellus shale has led Range Resources Corp., Fort Worth, to year-to-year production increases of 52% for oil and condensate, 22% for natural gas liquids, and 34% for natural gas in the quarter ended Mar. 31, 2013, the company said.

 

Center formed for independent certification for shale gas producers

Mar 20, 2013

A group of energy companies, environmental organizations, and philanthropic foundations collaborated to form a center to provide Appalachian basin shale gas producers with an independent, third-party certification process for shale development, organizers announced at a news conference in Pittsburgh.

IHS: Marcellus shale producing more than 7 bcfd

Mar 18, 2013

Recent pipeline expansions have helped the Marcellus shale play reach a production rate of more than 7 bcfd to become the largest US gas-producing play, according to a new IHS Herold Marcellus Shale Company Play Analysis.

Williams, Boardwalk announce Marcellus-US Gulf NGL pipeline

Mar 7, 2013

Williams Cos., Tulsa, and Boardwalk Pipeline Partners LP have proposed a joint-venture NGL pipeline system to transport Marcellus and Utica shale mixed NGLs to US Gulf Coast petrochemical and export markets.

Western Gas to buy Marcellus gathering assets

Mar 4, 2013

Western Gas Partners LP, an Anadarko Petroleum Corp.-owned master limited partnership, agreed to acquire a 33.75% interest in the Liberty and Rome gas gathering systems from Anadarko and a 33.75% interest in the Larry’s Creek, Seely, and Warrensville gas gathering systems from an affiliate of Chesapeake Energy Corp.

UT study forecasts reliable supply from Barnett shale through 2030

Feb 28, 2013

A new study of the Barnett shale foresees reliable supply with slowly declining production through the year 2030, said the Bureau of Economic Geology (BEG) at the University of Texas at Austin and financed by the Alfred P. Sloan Foundation, a New York philanthropic grant-making institution.

Obama calls for using some oil, gas revenue ‘to get cars off oil’

Feb 13, 2013

US President Barack Obama proposed using some federal oil and gas revenue to fund an energy security trust that would support “research and technology to shift our cars and trucks off oil for good.”

Caerus to buy PDC Energy’s noncore Colorado natural gas assets

Feb 6, 2013

Caerus Oil & Gas LLC plans to buy what PDC Energy Inc. considers its noncore Colorado natural gas assets for $200 million.

Seneca hooking up Lycoming Marcellus completions

Jan 22, 2013

Seneca Resources Corp., Williamsville, NY, expects to have 15 wells Marcellus shale wells producing into the Trout Run Gathering System in Lycoming County, Pa., by the end of January, including six wells on which it reported completion Tuesday, said its parent National Fuel Gas Co.

Accenture: US shale gas operations offers lessons for other countries

Jan 3, 2013

Countries embarking on shale gas development worldwide stand to benefit from lessons learned in US shale gas operations and water management, according to a recent report from Accenture.

Ohio Marcellus-Utica drilling joint venture formed

Jan 2, 2013

Magnum Hunter Resources Corp., Houston, said its Triad Hunter LLC subsidiary formed a joint venture with Eclipse Resources I LP, private State College, Pa., operator, to drill 12 Marcellus shale and 12 Utica shale horizontal wells in 3 years in Monroe County, Ohio.

EQT to sell Pennsylvania gas utility for $720 million

Dec 21, 2012

EQT Corp., Pittsburgh, will sell its Equitable Gas Co. LLC natural gas distribution business to Peoples Natural Gas, which has agreed to enter into long-term contracts for gas transmission, supply, and storage with EQT.

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