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Keyword: marcellus

Brevity: Headers | « Text »
  • Oil companies pay $630M in Pennsylvania drilling fees

    04/09/2014 5:35:05 AM PDT · by thackney · 11 replies
    Fuel Fix ^ | April 8, 2014 | Collin Eaton
    Anadarko Petroleum, Chesapeake Energy and others will pay the state of Pennsylvania about $225 million in fees this year for drilling in the gas-rich Marcellus Shale — too little, according to critics of the state law setting the fee say. The fees, enacted in 2012, flow to local governments to fund basic needs like bridges, roads, firefighting equipment and environmental programs. By the end of the year, the recurring charges on nearly 6,500 natural gas wells will have brought more than $630 million to state coffers. “We are building a stronger Pennsylvania by harnessing our abundant resources to create jobs...
  • Is Marcellus Shale Gas Production Nearing a Peak?

    03/10/2014 9:02:24 PM PDT · by ckilmer · 7 replies
    fool.com ^ | March 9, 2014 | Arjun Sreekumar
     Is Marcellus Shale Gas Production Nearing a Peak? By Arjun Sreekumar | More Articles | Save For Later March 9, 2014 | Comments (0) Natural gas industry observers will attest that growth in gas production from Pennsylvania's Marcellus shale has surpassed even the most optimistic of projections. And, according to a new report by a prominent investment research firm, Marcellus production growth won't be peaking anytime soon. Let's take a closer look. Source: Wikimedia Commons.The rapid growth in Marcellus gas production Last year, natural gas output from the Marcellus surged 61% year over year to average 10.4 billion cubic feet...
  • Why natural gas rigs continue to drop to the lowest 2014 levels

    02/24/2014 12:55:12 PM PST · by ckilmer · 4 replies
    marketrealist ^ | 2/24/2014 | Ingrid Pan, CFA
    Why natural gas rigs continue to drop to the lowest 2014 levels By Ingrid Pan, CFA 7 hours ago   Why oil rig counts keep climbing while natural gas rigs drop (Part 3 of 3)(Continued from Part 2)Natural gas rigs continued to drop last week, down 9% since the beginning of 2014Baker Hughes, an oilfield services company, reported that rigs targeting natural gas dropped last week, from 351 to 337 for the week ended February 14, 2014. Natural gas rigs are down by 35 since the beginning of the year, a decrease of ~9%. Note that Baker Hughes anticipates that...
  • Gas field politics affect leadership in Western Pa. communities [oust those opposed to drilling]

    02/09/2014 4:53:37 AM PST · by Cincinatus' Wife · 34 replies
    Pittsburg Tribune-Review ^ | February 9, 2014 | Timothy Puko
    Rodger Kendall says he never wanted to enter politics, but when he did, he waded into one of the biggest political conflicts in Pennsylvania. Kendall became a supervisor in Robinson, Washington County, in January, less than three weeks since it won a landmark state Supreme Court ruling overturning part of new laws aimed at eliminating local obstacles to shale drilling. Despite the win, he used his first night in office, Jan. 6, to lead a vote to remove Robinson from the case. Then he made his first official call as a township supervisor to Range Resources Corp. In one election,...
  • New England and New York have largest natural gas price increases in 2013

    01/07/2014 8:37:29 AM PST · by thackney · 10 replies
    Energy Information Administration ^ | JANUARY 7, 2014 | Energy Information Administration
    Average wholesale (spot) prices for natural gas increased significantly throughout the United States in 2013 compared to 2012. The average wholesale price for natural gas at Henry Hub in Erath, Louisiana, the key benchmark location for pricing throughout the United States, rose 35% to $3.73 per million British thermal units (MMBtu) in 2013. Increased winter demand pushed inventories down and prices up to above $4.00/MMBtu in March and April, but decreased consumption for electric generation over the summer and positive (but flattening) production growth kept 2013 prices at their lowest level since 2002 with the exception of 2012. The price...
  • Pennsylvania is the fastest-growing natural gas-producing state

    12/17/2013 6:38:01 AM PST · by thackney · 10 replies
    Energy Information Administration ^ | DECEMBER 17, 2013 | Energy Information Administration
    From 2011 to 2012, Pennsylvania's marketed natural gas (which includes natural gas plant liquids) production grew by 72%, moving it from the seventh-largest to the third-largest marketed gas-producing state in the United States, according to the Natural Gas Annual, 2012. Preliminary data (as well as estimates from the Drilling Productivity Report) indicate that continued Marcellus production may result in Pennsylvania becoming the second-largest producer in 2013. Tight gas development significantly increased production in several regions, including the Marcellus in the Northeast and the Eagle Ford in Texas. Marketed production in the Lower 48 states increased by 5% between 2011 and...
  • Drilling under Pennsylvania park could reap millions

    12/16/2013 5:13:14 AM PST · by thackney · 10 replies
    Fuel Fix ^ | December 16, 2013 | Associated Press
    The county that includes Pittsburgh could reap more than $73 million by leasing a public park for gas well drilling, a newspaper reported Sunday. The Pittsburgh Post-Gazette obtained documents that show Range Resources and driller Huntley and Huntley sent a proposal to Allegheny County Executive Rich Fitzgerald last month that list a signing bonus of $3,000 an acre and a 17 percent royalty on future sales. Range Resources spokesman Matt Pitzarella said royalties could be generated for decades, and there will not be an impact on Deer Lakes Park. The plan is to reach the gas through horizontal drilling from...
  • Marcellus region to provide 18% of total U.S. natural gas production this month

    12/09/2013 7:12:29 AM PST · by thackney · 17 replies
    Energy Information Administration ^ | DECEMBER 9, 2013 | Energy Information Administration
    Production of natural gas in the Marcellus region, located in Pennsylvania and West Virginia, is expected to exceed 13 billion cubic feet per day (Bcf/d) this month, based on estimates in the U.S. Energy Information Administration's latest Drilling Productivity Report (DPR), which will be released later today. The Marcellus region, which produced less than 2 Bcf/d as recently as 2010, is expected to provide 18% of total U.S. natural gas production this month. The total natural gas production estimate is marketed production, while the DPR estimates gross withdrawals, so coming up with a precise percentage is difficult. The rise of...
  • At the Wellhead: New pipelines will deal with Northeast ethane glut

    10/30/2013 5:52:21 AM PDT · by thackney · 13 replies
    Platts ^ | October 28, 2013 | Bridget Hunsucker
    The US shale gas revolution is producing a lot of ethane in the Northeast that doesn’t have an obvious market. New pipeline projects are taking care of that issue, as Bridget Hunsucker discusses in this week’s Oilgram News column, At the Wellhead. New NGL pipeline capacity will soon come online in the US Northeast, much to the relief of natural gas producers who face a perplexing logistics dilemma with unwanted ethane. Sunoco Logistics’ Mariner West project and Enterprise’s Appalachia-to-Texas Express Pipeline (ATEX) pipeline, both of which will transport a glut of unwanted ethane from the area, are expected to ramp...
  • Fracking Pioneer Abandons An Energy And Job Foolish New York

    09/12/2013 4:53:40 PM PDT · by raptor22 · 17 replies
    Investor's Business Daily ^ | September 12, 2012 | IBD EDITORIALS
    Energy: After more than five years of a fracking moratorium, a leading energy company walks away from its leases, leaving New York, its natural gas riches — and the jobs and wealth they could generate — unrealized. In 2000, people from Chesapeake Energy began arriving in Broome County, New York, a few miles north of the Pennsylvania border. Broome had seen better economic days but was lucky to be sitting right atop the natural gas-rich Marcellus Shale formation, which stretches through much of the Northeast. Over the next few years, Chesapeake was able to snap up drilling rights to some...
  • Pa. shale drillers says professional help wanted

    08/22/2013 7:29:38 AM PDT · by thackney · 15 replies
    Fuel Fix ^ | August 22, 2013 | Associated Press
    Companies operating in the Marcellus and Utica shale regions say it has been a challenge to fill openings in engineering, geology, environmental health and other professional fields. The Marcellus Shale Coalition, a gas drilling industry trade group, on Wednesday released a workforce survey of more than 100 of its members. The companies said that finding qualified talent and getting prospective employees to relocate are the biggest challenges they face when it comes to hiring. Of the most difficult positions to fill, 49 percent were in professional fields and 15 percent were in management...
  • The View from Marcellus

    08/15/2013 9:59:37 PM PDT · by neverdem · 11 replies
    City Journal ^ | Summer 2013 | James Panero
    Fracking brings breathtaking economic and environmental benefits—at least to places that welcome it.Few people understand the ground better than Larry Fulmer, a soft-spoken man with flowing white hair pulled back into a ponytail. Fulmer, the hydrofracturing superintendent for Cabot Oil & Gas in Pennsylvania, knows just how much pressurized water and sand will liberate the natural gas trapped in the shale rock a mile beneath our feet. Here, in a small square field carved out of hill country in Dimock, Pennsylvania, his crew is mixing water and sand day and night. “They pull [the mixture] in at 35 to 40...
  • Los Angeles Times Isn't A Changing

    08/01/2013 2:32:21 AM PDT · by TShepstone
    Natural Gas NOW ^ | August 1, 2013 | Jim Willis
    Dimock is the sacred myth fractivists just won’t let go, as a recent story from the failing, and always politically correct (perhaps there is a connection), Los Angeles Times demonstrates, with the Scranton Times piling on for good effect (yes, that Times, the conflicted one whose owners are in the water testing business). It appears the Los Angeles Times needs to bump up their circulation numbers, so this past Sunday they trotted out the “Dimock” story once again (perhaps inspired by watching Gasland 2 on HBO).
  • Saudis Fresh Prince Freaks Out About U.S. Fracking

    07/30/2013 4:31:51 PM PDT · by raptor22 · 42 replies
    Investor's Business Daily ^ | July 30, 2013 | IBD EDITORIALS
    Energy: A Saudi prince has warned that his oil-reliant nation is under threat because of fracking technology being developed in the U.S. and spreading around the world. OPEC is now caught between Riyadh and a hard place. Indicative of the panic rippling through the Organization of Petroleum Exporting Countries over the U.S.-led fracking boom, billionaire Saudi Prince Alwaleed bin Talal says his Gulf Arab kingdom needs to reduce its reliance on crude oil and diversify its revenues, lest the era of gold-plated toilets come to an end. In an open letter to his country's oil minister Ali al-Naimi and other...
  • Gas drillers cancel lease with Pennsylvania landowners

    07/15/2013 6:56:32 PM PDT · by thackney · 13 replies
    AP via Fuel Fix ^ | July 15, 2013 | Michael Rubinkam
    Two energy companies are pulling out of northeastern Pennsylvania, where a three-year moratorium on gas drilling has infuriated landowners who say it’s now cost them a windfall of more than $187 million. Hess Corp. and Newfield Exploration Co. sent a letter to landowners that notified them their leases are no longer in effect, according to the Northern Wayne Property Owners Alliance, which negotiated a master lease on behalf of more than 1,300 families and businesses. “The lease is gone. It is no longer in force. They are releasing the properties,” the group’s spokesman, Peter Wynne, said Monday. The $3,000-per-acre lease...
  • Health Questions Key to New York Fracking Decision, But Answers Scarce

    04/01/2013 8:57:21 PM PDT · by neverdem · 4 replies
    National Geographic ^ | April 1, 2013 | Katherine Hobson
    New York State's review of high-volume hydraulic fracturing has taken more than four years—and it's not over yet. Right now, all eyes are on the state's health commissioner, Nirav Shah, who has said that he will tell Governor Andrew Cuomo within weeks whether the Department of Environmental Conservation's plan for "fracking" would be sufficient to protect human health. Then it's up to the governor to make a final decision on whether to permit the technique, which involves pumping large volumes of water mixed with chemicals into rock far underground in order to release natural gas. (See related quiz: "What You...
  • Could Monterey Shale Save California?

    02/05/2013 4:26:07 PM PST · by raptor22 · 39 replies
    Investor's Business Daily ^ | February 5, 2013 | IBD EDITORIALS
    Energy: The former Golden State is floating in debt, even as it sits on two-thirds of America's shale oil reserves locked in a formation four times the size of the one that sparked North Dakota's economic boom. North Dakota is now the largest oil producer in the country after Texas with a monthly oil output of about 20 million barrels. North Dakota's oil boom accounts for 11% of U.S. oil production, and it is the impetus behind the state's $3.8 billion surplus and an unemployment rate of just 3.2%, the lowest in the nation. California is not running a surplus,...
  • Drilling boom creates long lines in West Virginia

    01/28/2013 5:05:15 AM PST · by thackney · 4 replies
    Fuel Fix ^ | January 28, 2013 | Associated Press
    A natural gas drilling boom is creating long lines at the Tyler County Courthouse as companies seek to verify the titles of properties they are leasing. The records room has a limited number of spaces, two of which are left open for local attorneys and residents who need to do business, County Commission President John Stender said. That leaves oil and gas companies’ representatives jostling for a place in line.
  • Survey: Customers in shale gas areas confident in economic future

    01/22/2013 8:40:27 PM PST · by 2ndDivisionVet · 5 replies
    The State Journal's Grounded Blog ^ | January 22, 2013 | Taylor Kuykendall
    A new study out by the Huntington Bank finds that nearly 60 percent of consumers in shale gas exploration regions are confident the industry will provide opportunity in their area. The Midwest Economic Index surveyed across Huntington Bank's service area – from West Virginia through Michigan. The new survey is the first of its kind conducted by Huntington. "Huntington commissioned the survey by an independent research firm because we are committed to helping our customers understand the economy in our markets," said Steve Steinour, chairman, president and CEO of Huntington Bank. "While many inside and outside of the energy industry...
  • Utica, Marcellus shale plays could represent more than $10 trillion in new economic activity

    01/17/2013 5:30:02 PM PST · by 2ndDivisionVet · 5 replies
    Columbus Business First ^ | January 17, 2013 | Jeff Bell
    The Utica and Marcellus shale plays in Ohio, Pennsylvania, West Virginia and New York could represent more than $10 trillion in new economic activity when fully developed, says a new report from a bond rating firm. But the analysis by Kroll Bond Rating Agency in New York also cautions that the oil and natural gas shale boom is “fraught with a multitude of environmental and health issues” related to hydraulic fracturing, or fracking. It said concerns over methane escaping during drilling, water use in fracking operations and potential contamination issues all need to be adequately addressed. New York has banned...
  • Can UAE-Backed Film Shut Down U.S. Fracking Boom?

    12/21/2012 4:25:40 PM PST · by raptor22 · 27 replies
    IBD EDITORIALS ^ | December 21, 2012
    Energy: As the U.S. changes the balance of power by exporting some of its abundant natural gas resources, a Hollywood propaganda film debuts claiming the technology making it possible will poison America's small towns. 'Promised Land," a film that does nothing to alter Hollywood's stereotype of businessmen, particularly energy industry executives, as greedy plunderers of the planet, opens this week in selected theatres. The anti-fracking film is based on a not-true story about well contamination in a small Pennsylvania town with a healthy dose of junk science. As documentary filmmaker Phelim McAleer, who is working on his own documentary, "FrackNation",...
  • Lies, Damned Lies, And Obama's Phony Energy Statistics

    10/18/2012 10:02:45 AM PDT · by raptor22 · 5 replies
    Energy Policy: Leases and production are down on federal lands, the EPA is waging war on coal, and as for building enough pipelines to encircle the earth, we'd settle for just one from Canada to the Gulf. When President Obama, in responding Tuesday to Mitt Romney's chiding about failing to approve the Keystone XL pipeline, claimed that his administration has added enough new oil and gas pipelines to "encircle the Earth and then some," we felt a perfect response from Romney would have been, "You didn't build that." In fact, energy companies have built some 55,000 miles of pipeline, including...
  • Lies, Damned Lies, And Obama's Energy Statistics

    10/17/2012 4:17:16 PM PDT · by raptor22 · 5 replies
    IBD EDITORIALS ^ | October 17, 2012
    Energy Policy: Leases and production are down on federal lands, the EPA is waging war on coal, and as for building enough pipelines to encircle the earth, we'd settle for just one from Canada to the Gulf. When President Obama, in responding Tuesday to Mitt Romney's chiding about failing to approve the Keystone XL pipeline, claimed that his administration has added enough new oil and gas pipelines to "encircle the Earth and then some," we felt a perfect response from Romney would have been, "You didn't build that." In fact, energy companies have built some 55,000 miles of pipeline, including...
  • Fracking Leads To Cleaner Air

    08/20/2012 5:05:31 PM PDT · by raptor22 · 16 replies
    IBD Editorials ^ | August 20, 2012
    Carbon emissions in the U.S. have hit a 20-year low due to a supposedly environmentally unfriendly drilling technique that has created an abundance of cheap natural gas. The free market, it seems, does it better than the EPA. Environmentalists find themselves between shale rock and a hard place after a little noticed technical report documented how the natural gas boom caused by the use of hydraulic fracturing, or fracking, has actually helped the environment in a major way while also creating jobs and economic growth. In the report, the U.S. Energy Information Agency, a part of the Energy Department, said...
  • Marcellus Shale Job Program Turns Unskilled Into Shale Workers

    05/25/2012 1:32:46 PM PDT · by thackney · 15 replies
    Dow Jones via Rig Zone ^ | May 25, 2012 | Isabel Ordonez |
    Professor Byron Kohut helps hundreds of low-income adults land coveted jobs in the booming shale-gas industry in Pennsylvania. But only the tough need apply, he said. "If they are not physically capable of working outside, in bad weather, dangerous conditions, I scare them out of drilling," said Kohut, who coordinates a natural-gas job-training course at Westmoreland County Community College, about 40 miles southwest of Pittsburgh. "It's not easy work," Kohut said, adding that people with backgrounds in agriculture, construction and mechanics have a better shot at getting in. The community college's course, part of a workforce-development program funded by a...
  • New Study Predicts Frack Fluids Can Migrate To Aquifers Within Years

    05/02/2012 6:30:45 AM PDT · by Erik Latranyi · 43 replies
    OPB News ^ | 1 May 2012 | Abrahm Lustgarten
    A new study has raised fresh concerns about the safety of gas drilling in the Marcellus Shale, concluding that fracking chemicals injected into the ground could migrate toward drinking water supplies far more quickly than experts have previously predicted. More than 5,000 wells were drilled in the Marcellus between mid-2009 and mid-2010, according to the study, which was published in the journal Ground Water two weeks ago. Operators inject up to 4 million gallons of fluid, under more than 10,000 pounds of pressure, to drill and frack each well. Scientists have theorized that impermeable layers of rock would keep the...
  • Paul Krugman Drills Dry Hole On Oil, Gas Fracking

    03/20/2012 3:55:18 PM PDT · by raptor22 · 18 replies
    Investor's Business Daily ^ | Marcxh 20. 2012 | IBD editorials
    Energy: The economist at the newspaper of record defends the president's energy policy of Solyndra, Chevy Volts and algae while dismissing the oil boom on private lands as a small-town hiccup with no impact on price. New York Times columnist and Keynesian economist Paul Krugman asks in a recent column why gas prices are rising if we are in the middle of a domestic oil boom. Doesn't the "drill, baby, drill" crowd claim, he argues, that prices will drop "if only we would stop protecting the environment and let energy companies do whatever they want"? Without our domestic oil boom,...
  • Oil Execs Say Obama Lead Us To "Energy Abyss"

    02/23/2012 5:56:23 PM PST · by raptor22 · 17 replies
    Investor's Business Daily ^ | February 23, 2012 | IBD staff
    Energy: Industry leaders gathered in Houston say rising fuel output comes in spite of, not because of, the president's policies and the pain at the pump will soon be excruciating. Energy executives and other industry players gathered for the North American Prospect Expo (NAPE) in Houston shredded administration assertions that it is opening up areas for oil and gas exploration and that its policies are responsible for increased oil and gas production on President Obama's watch. "These have been the most difficult three years from a policy standpoint that I've ever seen in my career," Bruce Vincent, president of Houston...
  • UGI Cutting Its Natural Gas Rates By 13 Percent (Marcellus Shale)

    12/02/2011 4:57:31 PM PST · by Erik Latranyi · 7 replies
    State Impact ^ | 2 December 2011 | Scott Detrow
    UGI cus­tomers’ nat­ural gas rates will decrease by about 13 per­cent, begin­ning next month. Announc­ing the decrease today, the utility’s vice pres­i­dent cred­ited Mar­cel­lus Shale drilling for the price cut. Read­ing, PA, Novem­ber 30, 2011 – UGI Util­i­ties, Inc. – Gas Divi­sion (UGI) announced today that its pur­chased gas cost rates will decrease on Decem­ber 1, 2011 due to lower whole­sale nat­ural gas costs. As a result, the aver­age res­i­den­tial heat­ing customer’s bill will decrease approx­i­mately 13.5% per­cent, from $108.39 to $93.75 per month. With this rate decrease, nat­ural gas costs for UGI cus­tomers will be about 27% less than...
  • Man Charged with Dumping 800 Gallons of Fracking Fluid (Pennsylvania)

    12/02/2011 9:47:55 AM PST · by Erik Latranyi · 29 replies
    WNEP ^ | 2 December 2011 | N/A
    State police arrested a man who worked at a Marcellus Shale drilling site in Bradford County for dumping 800 gallons of dangerous materials. Troopers says Josh Foster, 27, from Georgia admits he dumped the chemicals on state game lands in Warren Township. State police said the man worked for Talisman Energy at one of its drill sites near the dump location on Regan Hill Road. Troopers said Talisman was cooperating completely with the investigation. In arrest papers it said a drilling superintendant from Talisman met a state trooper at the scene of the spill. He told the trooper that someone...
  • Will The EPA Choke Oil Shale Production

    12/01/2011 5:20:19 PM PST · by raptor22 · 43 replies
    Investor's Business Daily ^ | December 1, 2011 | IBD staff
    New Energy: The latest salvo in the administration's war on energy may be new rules and permits to regulate a process to get oil and gas from porous rock, sacrificing jobs and economic growth while under review. There are a few areas of the U.S. that are booming. Two of these are in North Dakota and Pennsylvania, states that sit atop two massive shale rock formations, the Bakken and the Marcellus. Extraction of oil and natural gas from these formations have created jobs and economic growth in the midst of a stagnant and parched economy. The oil and gas is...
  • Musings: Could Marcellus Shale Growth Be Sidelined By Legalities

    11/09/2011 5:36:27 AM PST · by thackney · 9 replies
    Parks Paton Hoepfl & Brown via Rig Zone ^ | November 08, 2011 | G. Allen Brooks
    It has recently come to our attention that a lawsuit in Pennsylvania over the ownership of Marcellus shale gas rights could put many leases in jeopardy and slow the development of this huge natural gas resource. The case is John E. and Mary Josephine Butler v. Charles Powers Estate et al, filed in the Superior Court of Pennsylvania. The Butlers are relying on previous rulings that established ownership of oil or gas doesn't change hands unless it's specified in a deed. In opposition, the Powers' heirs argue that the deed gave them the right to other minerals such as coal,...
  • Natural Gas Project Brings New Life To PA's Rust Belt Economy

    10/14/2011 7:34:43 AM PDT · by 92nina · 3 replies
    ATR ^ | 2011-10-13 | Marshall Bornemann
    Mining has, without question, seen the most growth out of any industry as of late. Pennsylvania is fortunate for being located in the wake of the oil-and-gas rich Marcellus Shale formation. In the next few years (by 2015), that wake will provide more than 12 billion cubic feet of gas per day. This boom in natural gas drilling is giving manufactures reason to hire new workers. Youngstown, Ohio, is a great example of what seemed to, for years, be a depressed town until natural gas drilling became a new means for work and economic prosperity. Employment has more than doubled...
  • Is shale a mineral? (Marcellus Shale)

    09/22/2011 9:39:03 AM PDT · by Erik Latranyi · 24 replies
    Pittsburgh Tribune-Review ^ | 22 September 2011 | Timothy Puko
    For anyone who's played the game "Animal, Vegetable, Mineral," it might seem obvious that the Marcellus shale isn't alive and doesn't grow -- it's a rock layer in the ground, so it's a mineral. In the Pennsylvania courts, the answer is not so clear. A Susquehanna County Common Pleas court is headed for a hearing to determine whether the gas-rich Marcellus shale is a mineral, and therefore, included in mineral rights. The state Superior Court ruled this month that case law is unclear, leaving big questions over who legitimately controls drilling rights and the valuable natural gas in the mile-deep...
  • USGS Ups The Ante On Shale

    08/25/2011 4:42:13 PM PDT · by Kaslin · 21 replies
    IBD Editorials ^ | August 25, 2011 | Staff
    Power: Despite efforts in the media and Congress to shut it down through fear and falsehoods, a new estimate of America's most promising energy source portends even more gas, oil — and jobs. The U.S. Geological Survey (USGS) announced Tuesday that the Marcellus Shale formation that straddles the northeastern United States may hold a staggering 84 trillion cubic feet (tcf) of recoverable natural gas, up significantly from the last official government estimate of 2 tcf made in 2002. The USGS said the estimate came from new information about the gas-rich formation underlying New York, Pennsylvania, Ohio and West Virginia, and...
  • USGS Boosts Marcellus Estimates

    08/24/2011 8:05:47 AM PDT · by thackney · 33 replies · 1+ views
    Fuel Fix ^ | August 23, 2011 | U.S. Geological Survey
    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 (USGS). These gas estimates are significantly more than the last USGS assessment of the Marcellus Shale in the Appalachian Basin in 2002, which estimated a mean of about 2 trillion cubic feet of gas (TCF) and 0.01 billion barrels of natural gas liquids. The increase in undiscovered, technically recoverable resource is due to new geologic information and engineering data, as technological developments in...
  • Gas Driller Citations to Be Reviewed {DEP to review every Marcellus shale drilling before approval}

    03/31/2011 12:05:57 PM PDT · by thackney · 7 replies
    Pittsburgh Tribune via Rig Zone ^ | March 31, 2011 | Timothy Puko
    Every Marcellus shale drilling citation will need a review from the new Department of Environmental Protection chief before final approval, said an agency spokeswoman. All violation notices for gas drillers and the enforcement actions the agency plans must be e-mailed to Acting Secretary Michael Krancer, spokeswoman Katherine Gresh said. The department's six regions each enforce rules differently, and Krancer is trying to improve consistency across the state, she said, noting the policy may be temporary. But putting a political appointee in a position to micromanage regulatory enforcement could lead to unfair interference on behalf of campaign donors, said Myron Arnowitt,...
  • Prospects Dim for W.Va. Marcellus Shale Regulation

    02/23/2011 7:16:28 PM PST · by Rabin · 2 replies
    rigzone ^ | Wednesday, February 23, 2011 | Ry Rivard, Charleston Daily Mail, W.Va.
    The Legislature is unlikely to pass a bill this session to regulate the development of Marcellus shale, said House Judiciary Chairman Tim Miley... "The odds are against the bill passing,"
  • A Shale Of A Difference

    02/17/2011 5:26:09 PM PST · by Kaslin · 16 replies
    IBD Editorials ^ | February 17, 2011 | Staff
    Energy: The brightest hope for America's energy independence has been shut down by an Interior Department that says it wants to review the rules for leases. It really wants to kill off oil altogether. The game is this: Say that you want to find domestic oil and gas in a "smart" way, so you have to study things for a while. Then let enviros tie you up in court to block what you really don't want to do anyway, increase America's supply of domestic energy, keeping jobs and money here. On Tuesday, Interior Secretary Ken Salazar announced that the Obama...
  • Marcellus Shale is NOT an NBA player

    12/03/2010 11:55:10 AM PST · by grace522 · 10 replies
    Philadelphia Magazine ^ | 2 Dec 2010 | Chris Freind
    Stories keep rolling in about the booming economy in a faraway land. Tales of jobs, new construction on every corner, more jobs, hotels booked for a year, office space — long vacant — now renting for the highest prices ever fetched, and even more jobs. Yet despite years of growth, the influx of foreign capital hasn’t subsided, but in fact, continues to exponentially increase. Combined, all these things have created a climate so healthy that taxes haven’t risen in eight years. As with Doubting Thomas, something this good must be seen to be believed. So as my trip was being...
  • Shale Gas—Abundance or Mirage? Why The Marcellus Shale Will Disappoint Expectations

    10/29/2010 12:17:53 PM PDT · by Ernest_at_the_Beach · 50 replies · 1+ views
    The Oil Drum ^ | October 28, 2010 - 10:20am | aeberman
    Shale gas plays in the United States are commercial failures and shareholders in public exploration and production (E&P) companies are the losers. This conclusion falls out of a detailed evaluation of shale-dominated company financial statements and individual well decline curve analyses. Operators have maintained the illusion of success through production and reserve growth subsidized by debt with a corresponding destruction of shareholder equity. Many believe that the high initial rates and cumulative production of shale plays prove their success. What they miss is that production decline rates are so high that, without continuous drilling, overall production would plummet. There is...
  • Rendell halts natural gas drilling

    10/27/2010 2:42:28 AM PDT · by Erik Latranyi · 18 replies · 1+ views
    Post-Gazette ^ | 27 October 2010 | Tom Barnes
    HARRISBURG -- Gov. Ed Rendell has carried out an executive order placing 1.5 million acres of state forest land off-limits for natural gas drilling, getting praise from environmental groups but sharp criticism from Senate Republican leader Joe Scarnati. Brickbats were flying Tuesday between Democrat Rendell and Republican Scarnati over the moratorium order, which bans any more drilling pads from being located in state forests, other than on the 700,000 acres of forest land already designated for gas drilling by the Department of Conservation and Natural Resources. Penn Future's leader Jan Jarrrett and Sierra Club Director Jeff Schmidt applauded the decision....
  • Drill, North Dakota, Drill

    10/11/2010 5:16:10 PM PDT · by Kaslin · 23 replies
    IBD Editorials ^ | October 11, 2010 | Investors Business Daily staff
    Recovery: While states like Nevada wallow in recession, tiny North Dakota becomes the first state rated as expanding by a leading service. Could it be the state's burgeoning energy industry? The recession — induced by Democrats and activists meddling in the housing market through the Community Reinvestment Act and then whistling past the bad-loan graveyard of Fannie Mae and Freddie Mac — officially ended in June 2009, according to the National Bureau of Economic Research. For much of the country, mired in a jobless recovery with job losses so great and prospects so bleak that it will take decades just...
  • EPA asks companies for frac-fluid data

    09/13/2010 4:32:31 PM PDT · by epithermal · 8 replies
    Oil and Gas Journal ^ | Sep 10, 2010 | Nick Snow
    WASHINGTON, DC, Sept. 10 -- The US Environmental Protection Agency asked nine service companies to voluntarily supply information about chemicals in their hydraulic fracturing fluids for its study of the completion process’s possible effects on subsurface drinking water. It asked the companies to provide the information within 30 days and to report within 7 days whether they will be able to comply. EPA undertook its study in response to a 2009 congressional directive and has held public hearings, the final two of which are scheduled for Sept. 13 and 15 in Binghamton, NY. In its request, it also asked BJ...
  • "Gasland," film on Marcellus Shale drilling's environment effects, to be screened in Carlisle

    06/16/2010 12:11:29 PM PDT · by epithermal · 30 replies · 341+ views
    PennLive.com ^ | June 03, 2010 | Donald Gilliland
    Kathryn Klaber, the executive director of Pennsylvania’s Marcellus Shale Coalition, an industry group, said, "Our understanding, based on previews of the film, is that it’s loaded with misleading claims and untruths, and completely fails to recognize the well-known fact that hydraulic fracturing has been used in this state for a half-century, and according to state and federal regulators, has never once been found to adversely impact the public’s underground drinking water supplies."
  • Marcellus drilling firm fined for wastewater overflow

    08/17/2010 11:51:19 AM PDT · by Willie Green · 31 replies · 1+ views
    Philadelphia Inquirer ^ | Tuesday, August 17, 2010 | Roslyn Rudolph
    A company drilling in the Marcellus Shale region in southwest Pennsylvania has been fined $97,350 for allowing "fracking" wastewater to overflow a pit and contaminate a watershed in Hopewell Township, Washington County. The state Department of Environmental Protection said that Atlas Resources L.L.C., a wholly owned subsidiary of Atlas Energy Inc., based in Moon Township, Allegheny County, corrected the problem once it was discovered. The wastewater was a by-product of hydraulic fracturing, or "fracking," during which millions of gallons of high-pressure water, sand, and chemicals are injected into a well to shatter the shale to release trapped natural gas. In...
  • Pittsburgh Council wants state moratorium on Marcellus drilling

    07/20/2010 3:39:11 PM PDT · by Willie Green · 14 replies
    Pittsburgh Post-Gazette | Tuesday, July 20, 2010 | Joe Smydo
    Pittsburgh City Council this morning passed a resolution demanding the state impose a one-year moratorium on Marcellus Shale drilling while it considers tighter regulations for the drilling industry. State Sen. Jim Ferlo, D-Highland Park, has introduced a bill that would require a moratorium on new drilling. Under his bill, existing drilling operations would be allowed to continue. Though no drilling is occurring in the city now, drilling company representatives have been negotiating for access to properties in Lawrenceville.
  • Concerns Spread over Environmental Costs of Producing Shale Gas

    07/10/2010 2:30:15 PM PDT · by Willie Green · 21 replies · 2+ views
    Scientific American ^ | July 9, 2010 | Joel Kirkland
    PITTSBURGH—Around suppertime on June 3 in Clearfield County, a geyser of natural gas and sludge began shooting out of a well called Punxsutawney Hunting Club 36. The toxic stew of gas, salt water, mud and chemicals went 75 feet into the air for 16 hours. Some of this mess seeped into a stream northeast of Pittsburgh. Four days later, as authorities were cleaning up the debris in Pennsylvania, an explosion burned seven workers at a gas well on the site of an abandoned coal mine outside of Moundsville, W.Va., just southwest of Pittsburgh. The back-to-back emergencies were like a five-alarm...
  • Pennsylvania cattle quarantined from gas fracking contamination

    07/10/2010 2:22:27 PM PDT · by Willie Green · 70 replies
    Axis of Logic ^ | Friday, Jul 9, 2010 | Tom Laskawy
    Agriculture officials have quarantined 28 beef cattle on a Pennsylvania farm after wastewater from a nearby gas well leaked into a field and came in contact with the animals. The state Department of Agriculture said the action was its first livestock quarantine related to pollution from natural gas drilling. Although the quarantine was ordered in May, it was announced Thursday. A mere taste of what's to come from natural-gas fracking in the Marcellus Shale, folks. With fracking, or hydraulic fracturing of rock formations to extract natural gas, we're setting ourselves up for an environmental disaster of epic proportions -- and...
  • Drilling Ban To Cost Trillions

    02/16/2010 4:16:12 PM PST · by Kaslin · 21 replies · 1,321+ views
    Investors.com ^ | February 16, 2010 | INVESTORS BUSINESS DAILY Staff
    Energy: A new study shows that our reluctance to develop domestic energy will cost the beleaguered U.S. economy trillions in opportunity costs, reduce our gross domestic product and increase our trade deficit. From trying to stimulate jobs in nonexistent ZIP codes at great expense to worshiping the false gods of climate change, our biggest deficit these days may be in the area of common sense. A new study shows that many of our wounds are self-inflicted as we forgo the wealth and jobs to be found in our waters and under our feet. The study by Science Applications International Corp....