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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

    Schneider to add 60 jobs supporting Pennsylvania oil field

    Jul 2, 2013

    Schneider National Inc., a provider of truckload, logistics and intermodal services, is adding 60 oilfield truck drivers to support its energy business on the Marcellus shale formation.

    Magnum Hunter spuds on 18-well pad in eastern Ohio

    Jul 2, 2013

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

    Williams' board approves company's Bluegrass Pipeline project

    Jun 25, 2013

    Williams' (NYSE:WMB) board of directors has voted to approve the company's Bluegrass Pipeline project.

    Southwestern Energy closes acquisition of Marcellus shale properties

    Jun 25, 2013

    Southwestern Energy Co. has closed its recently announced acquisition of approximately 162,000 net acres in the Marcellus shale play in Pennsylvania.

    Johnson joins Wood Group Mustang's Onshore Business Unit

    Jun 19, 2013

    Wood Group Mustang's Onshore Business Unit has appointed Charles Johnson to the position of general manager, Bakken region. He will oversee the growing Wood Group Mustang presence in the region from the company's regional in Minot, North Dakota.

    Chesapeake, foreign partners set for big US shale spend in 2013

    Jun 17, 2013

    Analyzing Evaluate Energy’s recently released 2013 capital expenditure and average well cost data for the major US shale plays, it becomes clear that foreign companies will have a huge influence on how the industry develops over the coming year.

    Constitution Pipeline seeks FERC approval to construct Marcellus connection

    Jun 16, 2013

    Constitution Pipeline Company LLC, a limited liability company owned by subsidiaries of Williams Partners LP, Cabot Oil & Gas Corp., Piedmont Natural Gas Co. Inc., and WGP Holdings Inc., has filed an application with the Federal Energy Regulatory Commission (FERC) seeking approval to construct a 122-mile pipeline connecting domestic natural gas production in northeastern Pennsylvania with northeastern markets by spring 2015.

    Demand for oil assets running strong while demand for gas assets remains selective

    Jun 11, 2013

    PLS reports that from April 17 to May 16, 2013, the pace of US oil and gas deal activity is returning to normal with 45 deals for $2.1 billion while Canada activity remains sluggish with 10 deals for $240 million.

    Foreign buyers prop up M&A activity as private equity pauses during 1Q13

    May 1, 2013

    PwC US notes that first-quarter deal volume and value increased year over year, and shale deals comprised 46% of total deal volume.

    Southwestern Energy acquires Marcellus shale properties from Chesapeake

    Apr 29, 2013

    Southwestern Energy Co. (NYSE: SWN) has agreed to acquire natural gas properties located in Pennsylvania prospective for the Marcellus Shale from Chesapeake Energy Corp. (NYSE: CHK) and its partners for approximately $93 million.

     

    PA Supreme Court determines Marcellus shale gas is covered by Dunham Rule

    Apr 25, 2013

    Yesterday, the Supreme Court of Pennsylvania reaffirmed the "Dunham Rule" as to Marcellus Shale natural gas. 

    Marcellus bringing jobs to Pennsylvania

    Apr 11, 2013

    Recent pipeline and processing infrastructure in the Marcellus area has increased not only natural gas production in Pennsylvania, but the job scene, as well.

    Environmentalists, oil companies finding ways to work together

    Apr 10, 2013

    The Pittsburgh-based Center for Sustainable Shale Development is attracting lots of attention these days. The Center is intended to be a way in which environmental groups, foundations, and major oil and gas companies could work together to support common-sense measures to protect air and water from pollution in the Appalachian region.

     

    Shale gas pipelines growing rapidly around Marcellus

    Apr 10, 2013

    The abundance of shale gas and the resulting transportation needs have pushed investment in new gas transmission pipelines, and over half of the country’s newest lines are in the Northeast, where producers are looking to ship Marcellus shale gas to market, the US Energy Information Administration (EIA) reported.

    New NGL hub for Utica and Marcellus

    Apr 1, 2013

    The Utica shale formation spans an area from Ohio to Pennsylvania, into New York, across the Canadian border, and into two Great Lakes (Erie and Ontario).

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