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Keyword: marcellusshale

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  • There’s Gas in Those Hills

    04/08/2008 7:41:12 PM PDT · by neverdem · 28 replies · 472+ views
    NY Times ^ | April 8, 2008 | CLIFFORD KRAUSS
    Marcellus Shale DistributionThe New York Times HUGHESVILLE, Pa. — At first, Raymond Gregoire did not want to listen to the raspy voice on his answering machine offering him money for rights to drill on his land. They want to ruin my land, he thought. But he called back anyway a week later to hear more. By the end of February, he had a contract in hand for $62,000, and he pulled together a group of 75 neighbors who signed $3 million in deals. “It’s a modern-day gold rush in our own backyard,” Mr. Gregoire said. Not just his backyard either...
  • Unconventional natural gas reservoir in Pennsylvania poised to dramatically increase US Production

    01/17/2008 2:05:56 PM PST · by decimon · 81 replies · 1,377+ views
    Penn State ^ | January 17, 2007 | Unknown
    Natural gas distributed throughout the Marcellus black shale in northern Appalachia could conservatively boost proven U.S. reserves by trillions of cubic feet if gas production companies employ horizontal drilling techniques, according to a Penn State and State University of New York, Fredonia, team. "The value of this science could increment the net worth of U.S. energy resources by a trillion dollars, plus or minus billions," says Terry Engelder, professor of geosciences, at Penn State. The Marcellus shale runs from the southern tier of New York, through the western portion of Pennsylvania into the eastern half of Ohio and through West...