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  • Unconventional Oil & Gas

    Shale plays first come to mind when one considers unconventional resources. These unconventional resource plays may yield natural gas, gas condensates, and crude oil. Some of the more noteworthy shale plays in North America include the Bakken, Eagle Ford, Marcellus, Fayetteville, Woodford, Niobrara, Haynesville, Horn River, and Utica formations. Tight gas, coalbed methane, oil sands, and heavy oil are non-shale unconventional resources.

    SECTIONS

    Eagle Ford | Marcellus | Cline | Permian | Utica | Bakken | Woodbine & Eaglebine

    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

    Industry Briefs

    Oct 1, 2011

    PDC Energy makes aggressive Marcellus bid as natural gas prices remain low

    Sep 27, 2011

    At a time of sustained low natural gas prices, PDC Energy has agreement to acquire membership interests of Seneca-Upshur LLC, giving the company access to nearly 90,000 net acres targeting the Marcellus Shale and 10,000 net acres prospective to the Huron Shale.

    Antero Resources increases Marcellus Shale leasehold

    Sep 26, 2011

    Denver, Co.-based Antero Resources has acquired a 7% overriding royalty interest from CONSOL Energy on 115,647 net acres located in nine counties in southwestern Pennsylvania and north central West Virginia for $193 million.

    Gastar wells demonstrate productivity of Marcellus Shale

    Sep 22, 2011

    Gastar Exploration’s first two horizontal Marcellus wells, the Wengerd 1H and 7H, produced at a combined gross initial 30-day rate of 7.1 MMcfd of 1285 btu/Mcf natural gas and 176 bbls of condensate per day

    NJ Gov. Chris Christie orders one-year moratorium on hydraulic fracturing

    Aug 25, 2011

    New Jersey Gov. Chris Christie, a Republican who has been mentioned prominently as a contender for the GOP presidential nomination in 2012, has ordered a one-year moratorium on hydraulic fracturing in that state, making New Jersey the first state in the US to ban hydraulic fracturing, a widely used completion method used in shale formations.

    Marcellus Shale Coalition's Kathryn Klaber comments on new USGS report

    Aug 23, 2011

    On Aug. 23, the US Geological Survey released an updated report that indicates a 4,100% increase in technically recoverable natural gas and a 33,900% increase in technically recoverable natural gas liquids from the Marcellus shale formation in comparison with previous USGS assessments from 2002.

    USGS raises estimate of recoverable natural gas and gas liquids in Marcellus Shale

    Aug 23, 2011

    The Marcellus Shale contains about 84 trillion cubic feet of undiscovered, technically recoverable natural gas and 3.4 billion barrels of undiscovered, technically recoverable natural gas liquids according to a new assessment by the U S Geological Survey.

    GTI opens Pittsburgh office for Marcellus Shale region

    Aug 9, 2011

    The Chicago-based Gas Technology Institute (GTI) has opened an office in Pittsburgh to show the organization’s commitment to the natural gas industry in the Marcellus Shale fairway and the surrounding region.

    Targeting Marcellus, Utica Shale, Rex Energy plans to continue rapid production growth

    Aug 3, 2011

    Driven by Marcellus Shale activity, Rex Energy put up high production growth for the second quarter 2011 and plans to continue its growth with a large backlog in place, an acquisition targeting the natural gas-bearing Utica Shale, and an increased borrowing base.

    Ballard Spahr partner named to Maryland Marcellus Shale advisory panel

    Jul 20, 2011

    Gov. Martin O’Malley has named Harry Weiss, a Ballard Spahr partner, as one of 13 members of the Governor’s advisory panel that will study natural gas drilling in the Marcellus Shale in Western Maryland.

    Giant Eagle opens first CNG fueling stations in the heart of Pennsylvania's Marcellus Shale

    Jul 19, 2011

    Food and fuel retailer Giant Eagle Inc. unveiled its first two compressed natural gas (CNG) fueling stations in the Pittsburgh area at its Beechnut Drive retail support and distribution center.

    SM Energy to sell entire Marcellus Shale portfolio

    Jul 18, 2011

    One year after offering up Marcellus Shale assets, SM Energy has agreed to sell assets in McKean and Potter Counties, Pennsylvania to a subsidiary of Endeavour International for $80 million—considerably lower than the original $4,000/acre expectation Jefferies & Co. Inc. put out last year.

    First Marcellus test wells fall short for Penn Virginia

    Jun 28, 2011

    Results from its first three operated wells in the Marcellus Shale fell short of expectations, reported Penn Virginia Corp.

    PetroLogistics may develop ethylene plant in West Virginia for Marcellus Shale gas

    Jun 27, 2011

    Houston-based PetroLogistics has been talking to Bayer Corp. about acquiring some of its property in West Virginia to develop a facility that will convert ethane from Marvellus Shale gas and turn it into ethylene, one of the primary building blocks for petrochemicals.

    ExxonMobil increases Marcellus Shale holdings by acquiring private cos

    Jun 9, 2011

    ExxonMobil has added to its Marcellus Shale acreage with the purchase of two privately held oil and gas operators, Phillips Resources Inc. and TWP Inc., for roughly $1.69 billion.

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