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

Ethane disposition poses a risk for Marcellus production

Sep 10, 2010

Producers in the Marcellus shale may be forced to curtail natural gas production unless they can come up with a viable way to dispose of ethane, an associated gas, according to a new study from BENTEK Energy.

Pennsylvania urges gas industry to support environmental efforts

Sep 7, 2010

A series of accidents and environmental concerns illustrate the challenges the natural gas industry poses to the state and the reason why drilling companies need to pay their fair share to address them, Pennsylvania Gov. Edward G. Rendell said recently during a visit to southwestern Pennsylvania.

Privately held Chief to disclose info on chemicals used in Marcellus shale ops

Sep 7, 2010

Dallas-based Chief Oil and Gas plans to disclose detailed information about the chemicals it uses to hydraulically fracture wells in the Marcellus shale to Pennsylvania and West Virginia officials.

Will New York State leverage Marcellus potential into jobs?

Sep 1, 2010

Will New York State leverage Marcellus potential into jobs?

From the Marcellus Shale Coalition

Canonsburg, Pa.

 

Everyone’s heard of the famous Mason-Dixon line that separates the commonwealth of Pennsylvania from the state of Maryland (and Delaware too, incidentally). But what do you call the thing that separates the northern tier of Pennsylvania from the southern tier of New York? Ask any cartographer, and she’ll tell you it’s known as the “42nd parallel,” the same latitudinal line that extends west to set the boundary between Oregon and California as well.

 

Now ask that question of the 8,000 people in Broome Co., NY, who currently find themselves unemployed during one of the most difficult economic periods in recent history. Ask the 4,100 people in Steuben County, NY, who are without work. Or the 3,300 in Chemung County. Or the 2,000 in Chenango.

 

Ask what the northern border between New York and Pennsylvania symbolizes to them – and a good many will tell you it’s a brick wall keeping the jobs and revenue being generated in Pennsylvania’s portion of the Marcellus from crossing the border and getting into the hands of folks who need those things just as much in New York.

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Sale of Australian assets helps transform Gastar

Sep 1, 2010 INTERVIEW WITH J. RUSSELL PORTER, PRESIDENT AND CEO OF GASTAR EXPLORATION

Falcon Technologies begins Marcellus shale operations

Aug 31, 2010

Falcon Technologies and Services Inc. - a subsidiary of Carbo Ceramics Inc. and provider of custom spill prevention, control and countermeasure systems - has started operations in the Marcellus shale resource play.

SM Energy growth overshadowed by funding gap

Aug 24, 2010

After SM Energy announced its 2011 capex budget of $1 billion and outlined its plans to raise between $300 million and $500 million through asset sales and joint ventures, Jefferies & Co. Inc. released a report saying the company’s impressive growth was overshadowed by a funding gap.

Capstone Turbine receives microturbine order for Eagle Ford shale developer

Aug 23, 2010

Capstone Turbine Corp., a producer of low-emission microturbine systems, recently received an order for 18 C65 microturbines for a large independent oil and natural gas company operating in the Eagle Ford shale play.

Range posts voluntary Marcellus shale hydraulic fracturing disclosure forms

Aug 12, 2010

In an effort to bring transparency to the practice of hydraulic fracturing, Range Resources Corp. has submitted its first voluntary disclosure forms from Marcellus shale operations to the Pennsylvania Department of Environmental Protection.

El Paso to hold open season for proposed Marcellus ethane pipeline system

Aug 9, 2010

El Paso Midstream Group Inc., a subsidiary of El Paso Corp. is holding a 30-day, non-binding open season to solicit expressions of interest concerning the transportation of ethane on its proposed Marcellus Ethane Pipeline System (MEPS).

Westmont Resources to acquire Marcellus leases with 60 existing wells

Aug 9, 2010

One month after its aquisition in the Chattanooga shale, Westmont Resources Inc. has completed an agreement to acquire 1,800 acres and 60 existing wells in the Marcellus Shale region in the southwest tier of Pennsylvania.

Reliance grows Marcellus footprint, buys into Avista Capital Partners, Carrizo assets

Aug 5, 2010

Reliance Marcellus II, a subsidiary of India's Reliance Industries Ltd. has plans to buy into additional Marcellus shale acreage with a joint venture agreement with Carrizo Oil & Gas.

NY Senate passes nine month moratorium on Marcellus drilling

Aug 4, 2010

The New York State Senate passed a moratorium on gas drilling in the Marcellus Shale to allow time for a comprehensive study to determine the effects of hydraulic fracturing, if any, on the state’s water supply.

Enerplus changing its strategy to growth-type business model

Aug 1, 2010 AN INTERVIEW WITH GORDON KERR, PRESIDENT AND CEO OF ENERPLUS RESOURCES

Range Resources, Chesapeake, EQT among largest producers in Marcellus

Aug 1, 2010 The Marcellus Shale play extends through the northern half of the Appalachian Mountain chain in the states of Pennsylvania, New York, West Virginia, and eastern Ohio.