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

West Virginia issues emergency horizontal drilling rule

Aug 24, 2011

The West Virginia Department of Environmental Protection has issued an emergency rule to increase regulatory oversight of unconventional natural gas drilling.

USGS sees 84 tcf, 3.4 billion bbl in Marcellus

Aug 23, 2011

The Middle Devonian Marcellus shale in the US Appalachian basin contains 84 tcf of gas and 3.4 billion bbl of natural gas liquids, the US Geological Survey said Aug. 23.

Noble Energy, Consol form Marcellus joint venture

Aug 18, 2011

Noble Energy Inc. agreed to form a joint venture partnership with Consol Energy Inc. for the development of Marcellus shale assets in southwest Pennsylvania and northwest West Virginia.

West Virginia: Gastar-Atinum tap Marcellus wet gas

Aug 8, 2011

Gastar Exploration Ltd., Houston, has identified 72 well locations near its first two horizontal Marcellus completions in Marshall County, WV, and plans to spud 21 more wells by the end of 2011 in its Atinum joint venture.

Endeavour to buy Marcellus shale properties

Jul 18, 2011

A unit of Endeavour International Corp., Houston, will buy Marcellus shale assets in north-central Pennsylvania from SM Energy Co. for $80 million.

DTE Energy unit to build Marcellus gathering system

Jul 6, 2011

Bluestone Gathering plans to build and operate a natural gas gathering system in Susquehanna County, Pa., and Broome County, NY.

NY says frac ban would allow wide Marcellus access

Jul 1, 2011

New York state plans to reverse 2009 findings and ban high-volume hydraulic fracturing in the New York City and Syracuse watersheds, but it said 85% of lands underlain by the Marcellus shale would be accessible under its recommendations.

MEPS launches binding open season

Jun 30, 2011

Marcellus Ethane Pipeline System (MEPS) is holding a 30-day open season to secure binding commitments from potential shippers for ethane transportation service from fractionation plants in the Marcellus shale to interconnect points with third party ethane pipelines or storage facilities along the Gulf Coast.

ExxonMobil more than doubles Marcellus holdings

Jun 10, 2011

An ExxonMobil Corp. subsidiary’s $1.69 billion acquisition of two private companies with Marcellus shale assets deepens the major’s commitment to unconventional resource development.

El Paso plans to spin off E&P operations

May 25, 2011

El Paso Corp. plans to split into two publicly traded companies, one encompassing its pipeline and midstream businesses and the other its exploration and production operations.

Spectra buys Marcellus gas line from EQT

May 12, 2011

Spectra Energy Partners LP acquired from EQT Corp. its Big Sandy natural gas pipeline. EQT also contracted capacity on the line for shipment of its Huron shale production.

Fitch: Shale plays to sustain N. American ethylene advantage

Apr 18, 2011

Aggressive investment plans of large oil companies in liquids-rich shale plays will sustain the cost advantage of North American ethylene producers in relation to European competitors “for some time,” says Fitch Ratings.

Strong state programs key to safe shale gas activity, senators told

Apr 13, 2011

Strong state enforcement programs are essential to ensure that drinking water supplies are protected as more natural gas is produced from tight shale formations, witnesses told a hearing of the US Senate Environment and Public Works Committee and its Water and Wildlife Subcommittee.

West Virginia: Gastar adds Marcellus acreage

Feb 28, 2011

Gastar Exploration Ltd., Houston, and its joint venture partner Atinum Marcellus I LLC have leased 3,300 gross acres in southwestern Marshall County, WV, prospective for wet gas in Devonian Marcellus shale.

Laser begins building Marcellus gathering system

Feb 3, 2011

Laser Northeast Gathering Co. LLC broke ground in New Milford, Pa., on construction of its Susquehanna Gathering System.

Stay Connected