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

State governors evaluate energy’s role in economic strategies

Mar 9, 2009 US governors brought a wider than usual range of energy ideas to the 2009 winter meeting of the National Governors Association Feb. 21-23 in Washington as they grappled with a deepening recession.

Compositional variety complicates processing plans for US shale gas

Mar 9, 2009 Recently higher gas prices and improved drilling technology have spurred shale gas drilling across the US.

OGJ Newsletter

Apr 20, 2009

India seeks bids in eighth NELP licensing round

Apr 27, 2009 India has invited operators to bid for 70 exploration blocks covering 163,535 sq km under its eighth New Exploration Licensing Policy (NELP 8) round.

Indonesia awards blocks, plans new bidding round

May 18, 2009 To boost its declining production, Indonesia has awarded exploration rights for 11 new oil and gas blocks and is already mapping out its next bid round.

DRILLING MARKET FOCUS: US rig count slumps more rapidly than industry expected

May 18, 2009 The US rig count fell much more rapidly than most in the oil and gas drilling industry had forecast, and industry executives say they are uncertain when drilling activity might recover.

OGJ Newsletter

May 25, 2009

Analyst takes bullish view of natural gas, LNG

Jun 15, 2009 Research analysts with Calgary-based Tristone Capital Inc. are optimistic on the outlook for natural gas beginning in the second half of 2009 and foresee a possible US gas supply shortage in 2010.

Shale gas acreage, European database draw interest

Jun 15, 2009 Companies are seeking permits for shale gas prospects in southeast France in Languedoc Roussillon, the Cevennes mountains region, and the Savoie area near the Swiss border.

Study finds US production would dip under hydraulic fracturing bill

Jun 15, 2009 US oil and gas production would drop 20.5% over 5 years if federal regulation of hydraulic fracturing becomes law, the American Petroleum Institute said on June 9 as it released a new study.

Special Report: Global processing capacity trails advances in production

Jun 22, 2009 Global gas processing activity in 2008 remained flat, despite gains in global natural gas production.

East Resources gets funds for Marcellus work

Jul 6, 2009 East Resources Inc., a privately-owned independent in Warrendale, Pa., said Kohlberg Kravis Roberts & Co. LP (KKR), New York, bought a minority equity position in the company with a “significant investment” from private equity funds.

Special Report: Hydraulic fracturing, water use issues under congressional, public scrutiny

Jul 6, 2009 The need for communication of accurate information to the public, lawmakers, and regulators is imperative on various drilling-related topics, including hydraulic fracturing, water use and supply,

Researchers develop ways to treat, recycle frac water

Jul 6, 2009 The use of membrane filtration to recycle water from fracturing flowback is among the research projects being funded by the Research Partnership to Secure Energy for America (RPSEA),

Uruguay to review offers for two blocks

Jul 20, 2009 Uruguay’s Ancap has 180 days to review bids made for two offshore blocks in the country’s first licensing round.
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