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

Eureka Resources signs Marcellus-related agreement with Fountain Quail Water Management

Apr 12, 2011

Fountain Quail Water Management LLC has entered into an $18 million exclusivity agreement with Eureka Resources LLC for wastewater disposal-related services in the Marcellus Shale.

Environmental groups call on Pennsylvania governor to allow Marcellus well inspectors to do their jobs

Apr 8, 2011

On April 7, 42 faith, conservation, and environmental organizations and businesses sent a letter to Pennsylvania Governor Tom Corbett asking him to order Department of Environmental Protection (DEP) Secretary Michael Krancer to rescind its new 30-day pilot policy that prevents Marcellus shale drilling inspectors from issuing notices of violations until they get approval from the secretary himself.

Latest Magnum Hunter acquisition adds to Marcellus Shale portfolio

Apr 8, 2011

In its latest unconventional resources acquisition, Magnum Hunter Resources has added the remaining 50% non-operated working interest to West Virginia Marcellus Shale acreage previously acquired in a Wetzel County joint venture operation from Post Rock in December.

Momentum to create Appalachia Gathering System in the Marcellus Shale

Mar 31, 2011

M3 Midstream LLC (Momentum) has signed long-term gas gathering agreements with Chesapeake Energy Marketing Inc., a subsidiary of Chesapeake Energy Corporation, and Statoil Natural Gas LLC, a wholly owned subsidiary of Statoil ASA as anchor customers on its Appalachia Gathering System (the AGS).

Penn State study shows sales tax revenue higher in Marcellus counties

Mar 16, 2011

A new Penn State University publication examines state tax collection data and specifically compares counties where there is drilling and production activity in the Marcellus shale play with that of non-Marcellus counties.

MarkWest Liberty, Statoil sign Marcellus Shale midstream services agreement

Mar 8, 2011

Gastar, Antinum acquire additional West Virginia Marcellus Shale acreage

Feb 28, 2011

Gastar Exploration Ltd., together with its joint venture partner, Atinum Marcellus I LLC, has leased another 3,300 gross acres in Marshall County, West Virginia to develop the liquids-rich Marcellus Shale formation.

West Virginia Governor forms Marcellus to Manufacturing Task Force

Feb 17, 2011

On Feb. 16, West Virginia Governor Earl Ray Tomblin, along with leaders in the natural gas and chemical industries, has formed a Marcellus to Manufacturing Task Force designed to research and develop potential economic development opportunities related to Marcellus Shale.

P2 Energy adds Marcellus well data, Eagle Ford surface ownership data

Feb 15, 2011

More than 146,000 Pennsylvania wells, including those in the Marcellus Formation, have been added to P2 Energy Solutions’ Tobin All Access Online SuperBase as part of an on-going shale data resource.

Kroff Well Services joins Marcellus Shale Coalition

Jan 31, 2011

Pittsburgh-based Kroff Inc. says its Kroff Well Services business unit, which offers remediation of flowback waters and production brine for frac water reuse, has joined the Marcellus Shale Coalition (MSC) to offer creative solutions and expertise in the areas of responsible water treatment and waste management.

API, PIOGA expand Marcellus education campaign

Jan 21, 2011

The American Petroleum Institute and the Pennsylvania Independent Oil and Gas Association have formed a partnership that will serve as a forum for factual information about the vast energy resources found in Pennsylvania.

Kayne Anderson sells Marcellus focused Energy Contractors to Nabors Well Services

Jan 19, 2011

On January 18, Kayne Anderson Energy Funds announced the asset sale of Energy Contractors LLC, a provider of oilfield services in the Marcellus Shale market, to Nabors Well Services Co.

Purestream partners with SM Energy to treat Marcellus ops flowback water

Jan 12, 2011

Following its first Marcellus Shale launch in August of 2010, Purestream Technology has contracted with SM Energy to deploy its second Marcellus Shale installation, in Mckean County, Pennsylvania.

EOG sells Marcellus Shale properties to Seneca for $23 million

Jan 10, 2011

Seneca Resources Corporation, a wholly owned subsidiary of National Fuel Gas Company, said Jan. 10 it would acquire oil and gas properties in the Covington Township area of Tioga County, Pa., from EOG Resources Inc. for $23 million.

EOG Resources, Newfield terminate Marcellus shale sale agreement

Dec 22, 2010

EOG Resources Inc. and Newfield Exploration Co. have mutually agreed to terminate the agreement announced November 15, 2010, regarding EOG's sale of certain Marcellus Shale acreage.

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