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

PwC US: Eagle Ford, Marcellus most active shale plays for 2Q M&A

Aug 7, 2013

Transactions involving unconventional oil and gas assets remained a key driver for deal activity in the second quarter, and midstream shale assets values beat upstream shale deal total for a second consecutive quarter, PwC reported in an analysis of industry’s merger and acquisition activity.

WoodMac: US unconventional plays will help reduce imports from abroad

Jul 31, 2013

Unconventional oil and gas plays will continue to drive US and Canadian production for years, with the Bakken formation in North Dakota and Montana along with the South Texas Eagle Ford shale play accounting for much of the tight oil production increase, said analysts with Wood Mackenzie Ltd.

NETL continues fracturing study; report due by yearend

Jul 22, 2013

A US Department of Energy study continues to monitor for any signs of groundwater contamination stemming from hydraulic fracturing on the Marcellus shale formation in Pennsylvania, but it’s too early to draw any conclusion, the National Energy Technology Laboratory said in a July 19 statement.

Corbett asks commission to lift moratorium on gas drilling

Jul 11, 2013

Pennsylvania Gov. Tom Corbett has asked the Delaware River Basin Commission (DRBC) to remove a 3-year moratorium on natural gas drilling from the Marcellus shale.

Ohio: Magnum Hunter spuds on Monroe County 18-well pad

Jul 2, 2013

Magnum Hunter Resources Corp., Houston, has spudded the first well on its Stalder pad in eastern Monroe County, Ohio.

Summit Midstream Partners to buy Marcellus gathering assets

Jun 5, 2013

Summit Midstream Partners LP agreed to buy certain gas gathering assets from MarkWest Energy Partners LP in Doddridge County, W.Va., for $210 million.

Cabot using Marcellus field gas to fracture wells

May 20, 2013

Cabot Oil & Gas Corp. said it is using natural gas from the Marcellus shale in Susquehanna County, Pa., to fracture wells via dual-fuel technology in a process that can displace as much as 70% of the diesel fuel traditionally used to operate hydraulic fracturing equipment.

Crosstex to invest in Utica shale compression, condensate stabilization

May 9, 2013

Dallas-based Crosstex Energy companies Crosstex Energy LP and Crosstex Energy Inc. have announced that Crosstex Energy Inc. will invest about $25 million in a third natural gas compression and condensate stabilization plant in the Ohio River Valley.

PwC analyzes first-quarter US unconventional deals

May 6, 2013

Mergers and acquisitions involving unconventional assets contributed to increased number of deals and total deal value during the first quarter 2013 compared with the same period last year, PwC US reported.

Pennsylvania's historic transformation continues

May 1, 2013

Given the demanding schedules oil and gas professionals must maintain, it is easy to lose sight of the positive progress the industry continues to make—and what these collective efforts, aimed at safely producing clean-burning domestic natural gas, mean for the Northeastern US and the country as a whole.

New York Marcellus development still faces hurdles

May 1, 2013

ALBANY, NY—Marcellus Shale production reached 7 bcfd, surpassing the Haynesville to become the largest gas producing play in the US, according to a recent report from IHS.

New York State and the challenge of patchwork regulations

May 1, 2013

CHENANGO COUNTY, NY—With no clear regulatory decision on the books, New York's local municipalities are enforcing constitutional rights to limit drilling activity within their borders.

Williams Partners, Shell form midstream JV

Apr 16, 2013

Williams Partners LP, Tulsa, and Royal Dutch Shell PLC have joined to form Three Rivers Midstream, a company to provide gas gathering and gas processing for production in northwest Pennsylvania. The venture will invest in both wet-gas handling infrastructure and dry-gas infrastructure serving Marcellus and Utica shale wells.

PGC: US natural gas resource estimate rises 25% in 2 years

Apr 15, 2013

Technically recoverable US natural gas resources were a record 2,384 tcf at yearend 2012, 25% (486 tcf) more than the previous record-high assessment 2 years earlier, the Potential Gas Committee reported.

Range taps Marcellus for first quarter output mark

Apr 11, 2013

Continued success of a drilling program mainly in the Marcellus shale has led Range Resources Corp., Fort Worth, to year-to-year production increases of 52% for oil and condensate, 22% for natural gas liquids, and 34% for natural gas in the quarter ended Mar. 31, 2013, the company said.

 

Stay Connected