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

Strickland takes PostRock geoscience slot

Apr 27, 2010

PostRock Energy Corp., Oklahoma City, has named Douglas K. Strickland as executive vice-president of exploration and geoscience.

US imposes tariff on Chinese OCTG imports

Apr 26, 2010 The US Department of Commerce has imposed tariffs on oil country tubular goods (OCTG) imported from China after determining they were being sold in the US at margins ranging from 29.94% to 99.14%.

OGJ Newsletter

Apr 26, 2010

Atlas, Reliance add Marcellus acreage

Apr 21, 2010

Atlas Energy Inc., Pittsburgh, and Reliance Industries Ltd., Mumbai, closed on a $1.7 billion joint venture in the Appalachian basin Marcellus shale play and added more than 42,000 acres to their portfolio.

Kinder Morgan announces westbound Marcellus NGL pipeline

Apr 21, 2010

Kinder Morgan Energy Partners LP announced Apr. 20 plans to modify and expand the existing Cochin Pipeline system to facilitate transportation of natural gas liquids from the Marcellus shale basin to fractionation plants and chemical markets near Sarnia, Ont., and Chicago.

US imposes tariff on Chinese OCTG imports

Apr 13, 2010

The US Department of Commerce imposed tariffs on oil country tubular goods (OCTG) imported from China after determining they were being sold in the US at margins ranging from 29.94% to 99.14%.

OGJ Newsletter

Apr 12, 2010

India's Reliance joins Atlas in Marcellus JV

Apr 9, 2010

Atlas Energy Inc., Pittsburgh, has formed a $1.7 billion joint venture with India’s private Reliance Industries Ltd. to exploit Marcellus shale gas in southwestern Pennsylvania.

OGJ Newsletter

Apr 5, 2010

Statoil, Chesapeake adding Marcellus acreage

Mar 26, 2010

Statoil ASA has signed an agreement with Chesapeake Energy Corp., Oklahoma City, that will add 59,000 net acres to Statoil’s current 600,000 net acre positions in the Marcellus shale in the Appalachian basin.

CERAWeek: Statoil CEO makes case for natural gas focus

Mar 22, 2010 A stronger commitment to natural gas as a source of energy is the fastest, easiest way to reduce global greenhouse gas emissions, according to Statoil Chief Executive Officer Helge Lund, who spoke Mar. 10 at CERAWeek in Houston.

Services/Suppliers

Mar 22, 2010

Consol Energy to buy Dominion's Appalachian assets

Mar 15, 2010

Consol Energy Inc. plans to buy Appalachian exploration and production assets from utility Dominion Resources Inc. for $3.475 billion, tripling Consol’s Marcellus shale gas lease holdings.

'Flexible factory' steadies unconventional gas work

Mar 15, 2010 Enhancing operational flexibility of the factory approach to unconventional-gas drilling programs can help operators lower the risk of inefficient use of capital, which some have encountered with costly results.

Special Report: LNG Update: US gas market well-supplied: LNG or shale gas?

Mar 15, 2010 Expanding natural gas production from indigenous sources poses the most serious threat to imports of natural gas as LNG into North America, primarily the US.
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