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

OGJ Newsletter

Sep 20, 2010 International News for oil and gas professionals

Williams starts up Echo Springs expansion

Sep 14, 2010

Williams Partners LP, Tulsa, has begun operations on the fourth cryogenic processing train (TXP4) at its Echo Springs natural gas processing plant in Carbon County, Wyo.

Sumitomo Corp. acquires more US shale gas acreage

Sep 13, 2010 Rex Energy Corp. entered into a joint venture agreement with Sumitomo Corp. subsidiary Summit Discovery Resources II LLC, to sell and transfer interests valued at $140.4 million in its Marcellus shale assets in Pennsylvania.

Authorities eye Marcellus wells in gas leaks

Sep 10, 2010

Pennsylvania’s Department of Environmental Protection (DEP) said it is continuing to investigate the source of methane detected in the Susquehanna River and at six private water wells in Wilmont Township, Bradford County.

SERVICES | SUPPLIERS

Sep 6, 2010

OGJ Newsletter

Sep 6, 2010

Sumitomo Corp. acquires more US shale gas acreage

Sep 1, 2010

Rex Energy Corp. entered into a joint venture agreement with Sumitomo Corp. subsidiary Summit Discovery Resources II LLC, to sell and transfer interests valued at $140.4 million in its Marcellus shale assets in Pennsylvania.

Iroquois launches opens season for bidirectional flow

Aug 31, 2010

Iroquois Gas Transmission System LP began a binding open season Aug. 30 for its Wright Transfer Compressor (WTC) project, which would add as much as 15,400 hp of transfer compression at Iroquois' existing interconnection with Tennessee Gas Pipeline's 200 Line in Wright, NY.

Rex Energy obtains air permit for Pennsylvania gas plant

Aug 18, 2010

Rex Energy Corp., State College, Pa., has received an air permit for its 40-MMcfd Sarsen cryogenic gas processing plant in Butler County from Pennsylvania’s Department of Environmental Protection.

Reliance joins Carrizo in Marcellus shale venture

Aug 16, 2010 Reliance Industries Ltd., Mumbai, has taken another step into US unconventional resource plays by entering a venture that envisions the drilling of 1,000 wells in the Marcellus shale fairway.

New York raises taxes yet spurns big revenue hope

Aug 16, 2010 When clothing expenses rise later this year, New Yorkers can console themselves by quaffing unthreatened water.

OGJ Newsletter

Aug 16, 2010 International News for oil and gas professionals

El Paso launches open season for MEPS project

Aug 11, 2010

El Paso Midstream Group Inc., a subsidiary of El Paso Corp., on Aug. 9 began a 30-day, nonbinding open season to solicit interest for its proposed Marcellus Ethane Pipeline System (MEPS).

EOG to shed excess shale play acreage

Aug 9, 2010

EOG Resources Inc., Houston, has offered for sale two packages of noncore North American natural gas assets and acreage in gas and liquids plays to partly fund its 2010 and 2011 capital programs.

Mitsui still declines to pay share of Macondo cleanup costs

Aug 9, 2010 Mitsui & Co. Ltd. Executive Vice-Pres. and Chief Financial Officer Junichi Matsumoto, reiterating earlier statements by company officials, said his firm has yet to pay any part of a $480 million bill it received from BP PLC for costs related to the oil spill in the Gulf of Mexico.
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