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

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.

BREAKING NEWS: Shell plans world-class ethylene cracker in Marcellus region

Jun 6, 2011

Shell is developing plans to build a world-scale ethylene cracker with integrated derivative units in the Appalachian region of the United States.

Cabot reaches record IP rates in Marcellus Shale

May 25, 2011

J-W Energy breaks ground on new facility to serve Marcellus Shale area

May 6, 2011

J-W Energy Company has broken ground on a new multi-million dollar office and service facility located in Muncy Creek, PA to serve the Northeast region of the Marcellus Shale.

Chevron to acquire Marcellus Shale assets from Chief, Tug Hill

May 4, 2011

Chevron Corp. has agreed to acquire oil and gas assets, primarily 228,000 net leasehold acres, in theMarcellus Shale from Chief Oil & Gas LLC and Tug Hill Inc.

Buchanan law firm expands energy practice in Marcellus Shale

May 2, 2011

Buchanan Ingersoll & Rooney PC plans to open an office in Southpointe, Pa., to accommodate the continued growth of its energy practice, which includes oil and gas (Marcellus Shale), coal, renewable energy, and environmental sectors.

Myth, mystery, and the Marcellus

May 1, 2011 Lots of local government regulation is permissible in Pennsylvania, but it does have limits.

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