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 Barnett, Haynesville, Marcellus, Eagle Ford, Fayetteville, Woodford, Bakken, Niobrara, 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

Slagel joins Steptoe & Johnson

Mar 26, 2013

Gary E. Slagel has joined Steptoe & Johnson PLLC’s office in Canonsburg, PA. as Government Affairs Specialist to the firm. 

EIA: PA natural gas production rose 69% in 2012 despite reduced drilling activity

Mar 21, 2013

Natural gas production in Pennsylvania averaged 6.1 billion cubic feet per day (Bcf/d) in 2012, up from 3.6 Bcf/d in 2011, according to Pennsylvania Department of Environmental Protection (DEP) data released in February 2013.

Marcellus surpasses Haynesville as largest US natural gas producing play, says IHS

Mar 18, 2013

Recent pipeline expansions have helped the Marcellus shale play reach a production rate above 7 billion cubic feet (BCF)/day; surpassing the Haynesville shale to become the largest gas producing play in the US, according to a new IHS (NYSE: IHS) report.

Controversial journalist McAleer to premier documentary film 'FrackNation' in Philadelphia in response to 'Gasland'

Mar 14, 2013

Journalist and documentarian Phelim McAleer will be on hand for the Philadelphia premiere of his documentary film, “FrackNation,” on Wednesday, April 10, at the Bryn Mawr Film Institute.

Williams, Boardwalk to pursue joint development of NGL pipeline system to transport Marcellus, Utica mixed NGLs

Mar 6, 2013

Energy infrastructure company Williams and midstream master limited partnership Boardwalk Pipeline Partners LP  have executed a letter of intent to form a joint venture that would develop a pipeline project to transport natural gas liquids from the  Marcellus and Utica shale plays to the expanding petrochemical and export complex on the US Gulf Coast, as well as the developing petrochemical market in the Northeast US.

Marcellus and Utica get new NGL hub

Mar 1, 2013

Members of the oil and gas community generally recognize the Marcellus shale as the largest and most economic natural gas shale play in the continental United States.

UGI and Tenaska Resources to jointly develop Marcellus shale resources

Jan 14, 2013

UGI Corporation [NYSE: UGI] announced Jan. 14 that it has entered into agreements with Tenaska Resources LLC, a natural gas exploration and production affiliate of independent energy company Tenaska, to jointly develop gas resources in the Marcellus Shale region in north-central Pennsylvania.

John M. Selser is new chairman of Gastar Exploration

Jan 4, 2013

Gastar Exploration Ltd. [NYSE MKT: GST] has named John M. Selser as chairman of its board of directors. He replaces Floyd Price who has resigned from Gastar’s board.

Crestwood Marcellus Midstream completes acquisition of natural gas compression, dehydration assets

Jan 2, 2013

Crestwood Marcellus Midstream LLC has completed the acquisition of natural gas compression and dehydration assets from Enerven Compression LLC (Enerven) for $95 million.

West Virginia's Trans Energy now on Marcellus radar screen

Jan 1, 2013

JV with Republic Energy of Dallas has helped Trans Energy create a large footprint in northwestern West Virginia.

Whoville, the big new NGL hub in Marcellus, Utica? (aka, Houville)

Dec 14, 2012

Houville is the center of an emerging Marcellus/Utica based NGL hub soon to take its place among the largest in North America.  

Antero to sell Piceance Basin assets to redeploy capital to Marcellus, Utica projects

Nov 5, 2012

Denver, CO-based Antero Resources has entered into an agreement to sell all of its natural gas and pipeline assets in the Piceance Basin to a private company for $325 million in cash plus the assumption of all of Antero’s Rocky Mountain firm transportation obligations.

Resource-rich Magnum Hunter is drilling, building asset base

Nov 1, 2012

Gary Evans has been racking up the frequent-flier miles as he travels from one roadshow presentation to another telling investors and analysts about his company's successes and plans for the future.

Marathon, Harvest Pipeline to jointly develop truck-to-barge project for Utica, Marcellus production

Oct 11, 2012

Marathon Petroleum Corp. and Harvest Pipeline Company signed a letter of intent on Sept. 27, agreeing to jointly develop infrastructure that will facilitate transportation of hydrocarbon liquids production from the Utica Shale in eastern Ohio and western Pennsylvania.

USGS says Utica Shale development could require 127,500 wells

Oct 10, 2012

The drilling and oilfield services industry should be pleased with the first assessment of oil and gas reserves in the Utica Shale play by the US Geological Survey, which indicates that extraction of the reserves would take approximately 110,000 wells in the gas window and another 17,500 wells in the oil window.

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