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

Williams expands in Marcellus; acquires Cabot midstream assets

Nov 19, 2010

Williams Partners LP is expanding its midstream business in Pennsylvania's Marcellus shale, acquiring Cabot Oil & Gas Corp.’s midstream assets in Susquehanna County, Pa., for $150 million.

Taxes, restrictions could stymie gas potential, API economist warns

Nov 18, 2010

State and federal lawmakers should resist calls to heavily tax or restrict development and production of natural gas from shale formations, an American Petroleum Institute senior economist urged.

National Fuel, Empire announce Marcellus open seasons

Nov 18, 2010

National Fuel Gas Supply Corp. and Empire Pipeline Inc., the operating companies that make up the pipeline and storage segment of National Fuel Gas Co., have begun two open seasons for firm transportation capacity from the Marcellus shale formation in the central and southwestern producing regions of Pennsylvania.

Halliburton adds frac fluid additive section to web site

Nov 16, 2010

Halliburton Co. has established a new section of its corporate web site devoted to hydraulic fracturing that includes information about the identity and common uses of additives in its fracing products, the oil field services company reported.

OGJ Newsletter

Nov 15, 2010

El Paso plans one-rig Wolfcamp shale oil program into 2011

Nov 15, 2010 El Paso Corp. plans to spud a well during November in its Wolfcamp shale oil acreage in West Texas as part of a one-rig program focused on finding the optimal lateral length and completion method before the company ramps up Wolfcamp drilling activity during 2011.

Chevron to buy Atlas, gain Marcellus foothold

Nov 9, 2010

Chevron Corp. has agreed to acquire Atlas Energy, a Pittsburgh independent producer with a major land position in the Marcellus shale gas play, for $3.2 billion cash plus assumption of debt of $1.1 billion.

Slide seen in Cherokee basin coalbed methane output

Nov 1, 2010 Coalbed methane production from the Cherokee basin in southeast Kansas and northeast Oklahoma appears to be dropping from peaks in 2008 in Kansas and 2006 in Oklahoma.

US PROPANE: MIDYEAR 2010: Mont Belvieu prices remain soft; ethane bites into feedstock demand

Nov 1, 2010 During spring and summer 2010, three trends dominated propane markets in North America.

Rendell halts further leasing in Pennsylvania state forests

Nov 1, 2010

Analysts to FERC: US gas market in good shape

Nov 1, 2010 The US natural gas market is in good shape, with production at levels not seen in more than 35 years, moderate prices, and storage about 90% full with about 3 weeks left in the usual injection period, US Federal Energy Regulatory Commission staff analysts told the commission on Oct. 21.

Spectra joins El Paso in Marcellus ethane pipeline

Oct 28, 2010

El Paso Corp. subsidiary El Paso Midstream Group Inc. and Spectra Energy Corp. signed a memorandum of understanding to develop jointly the proposed Marcellus Ethane Pipeline System project previously announced by El Paso.

US gas market is in good shape, FERC analysts tell commission

Oct 27, 2010

The US natural gas market is in good shape, with production at levels not seen in more than 35 years, moderate prices, and storage about 90% full with about 3 weeks left in the usual injection period, US Federal Energy Regulatory Commission staff analysts told the commission on Oct. 21.

Speakers say road work emerging issue in Marcellus development

Oct 25, 2010 Speakers at the 2010 Marcellus Summit continued to emphasize the importance of steady and open communications will all interested parties as the conference at Penn State University moved into its second and final day.

Fruitland to Barnett to…

Oct 25, 2010 Have all of the large shale gas and oil fields in the US been found, as one chief executive officer claimed in mid-October?
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