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

UT study forecasts reliable supply from Barnett shale through 2030

Feb 28, 2013

A new study of the Barnett shale foresees reliable supply with slowly declining production through the year 2030, said the Bureau of Economic Geology (BEG) at the University of Texas at Austin and financed by the Alfred P. Sloan Foundation, a New York philanthropic grant-making institution.

Obama calls for using some oil, gas revenue ‘to get cars off oil’

Feb 13, 2013

US President Barack Obama proposed using some federal oil and gas revenue to fund an energy security trust that would support “research and technology to shift our cars and trucks off oil for good.”

Caerus to buy PDC Energy’s noncore Colorado natural gas assets

Feb 6, 2013

Caerus Oil & Gas LLC plans to buy what PDC Energy Inc. considers its noncore Colorado natural gas assets for $200 million.

Seneca hooking up Lycoming Marcellus completions

Jan 22, 2013

Seneca Resources Corp., Williamsville, NY, expects to have 15 wells Marcellus shale wells producing into the Trout Run Gathering System in Lycoming County, Pa., by the end of January, including six wells on which it reported completion Tuesday, said its parent National Fuel Gas Co.

Accenture: US shale gas operations offers lessons for other countries

Jan 3, 2013

Countries embarking on shale gas development worldwide stand to benefit from lessons learned in US shale gas operations and water management, according to a recent report from Accenture.

Ohio Marcellus-Utica drilling joint venture formed

Jan 2, 2013

Magnum Hunter Resources Corp., Houston, said its Triad Hunter LLC subsidiary formed a joint venture with Eclipse Resources I LP, private State College, Pa., operator, to drill 12 Marcellus shale and 12 Utica shale horizontal wells in 3 years in Monroe County, Ohio.

EQT to sell Pennsylvania gas utility for $720 million

Dec 21, 2012

EQT Corp., Pittsburgh, will sell its Equitable Gas Co. LLC natural gas distribution business to Peoples Natural Gas, which has agreed to enter into long-term contracts for gas transmission, supply, and storage with EQT.

Chesapeake to sell midstream assets in various US shale plays

Dec 12, 2012

Chesapeake Energy Corp. plans to sell midstream assets in the Marcellus, Utica, Eagle Ford, Haynesville, and Niobrara to Access Midstream Partners for $2.16 billion in a transaction expected to close by Dec. 31.

Watching Government: Helping Marcellus communities

Oct 29, 2012

Pennsylvania's impact fees have raised more than $204.2 million for distribution to communities affected by Marcellus shale natural gas development and state agencies overseeing it, Gov. Tom Corbett (R) said on Oct. 15.

MSC issues recommended practices for stray gas incidents

Oct 17, 2012

The Marcellus Shale Coalition (MSC) released its Recommended Practices for Responding to Stray Gas Incidents, the fourth in a series of guidance documents.

Federal judge dismisses NY state's lawsuit on water, fracturing

Oct 8, 2012

A federal judge in Brooklyn dismissed a lawsuit filed by New York Atty. Gen. Eric T. Schneiderman seeking a court-ordered comprehensive environmental analysis before the Delaware River Basin Commission (DRBC) issues anticipated regulations that would cover hydraulic fracturing in the watershed.

Watching Government: Missing in Marcellus debate

Oct 1, 2012

At the heart of the Marcellus shale natural gas development debate in Pennsylvania lies a basic question that John H. Quigley feels hasn't been satisfactorily answered: Does gas drilling make people sick?

Firms reach deal for first ethane shipment from Marcellus

Sep 27, 2012

Ineos Europe AG, Switzerland, has agreed to ship ethane out of the Marcellus area in western Pennsylvania to Europe through the Sunoco Logistics LP-operated Mariner East pipeline for use in Ineos’s European crackers.

Seneca updates on Marcellus, Utica, California, Kansas

Sep 27, 2012

Seneca Resources Corp. has provided an update of its Marcellus and Utica shale play activity and a farmout from Chevron USA Inc. in California.

Federal judge dismisses NY state lawsuit on water, fracturing

Sep 26, 2012

A federal judge in Brooklyn dismissed a lawsuit filed by New York Atty. Gen. Eric T. Schneiderman seeking a court-ordered comprehensive environmental analysis before the Delaware River Basin Commission (DRBC) issues anticipated regulations that would cover hydraulic fracturing in the watershed.

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