Appalachia to the rescue {more details about Natural Gas field}

Petroleum News ^ | Week of January 27, 2008 | Alan Bailey

[thackney]

Previous related FR article:

Unconventional natural gas reservoir in Pennsylvania poised to dramatically increase US Production
http://www.freerepublic.com/focus/f-news/1955363/posts
Posted on 01/17/2008

[RSmithOpt]

Dumb f'n hillbillies. What do they know? 1/2 acre of 30% grade of 1/2 rock lot in western NC around Boone fetches 50-100k with no municipal water / sewer. Go figure. I've seen asking prices of $750K for 1.5 acres bottom land in Banner Elk with a crappy view of Grandfather.

We got plenty of natural gas in the Appalachians now...it's all in the heads of the tourons, real estate speculators, and folks that use to live in Silicon Valley until taxes went through the roof.

[shove_it]

Lookin’ good. I’m in CLNE and WPT.TO.

[AppyPappy]

I know a guy in WV who has a natural gas well on his property. He quit farming and just lives off the money from it. He also gets free natural gas for the house.

[Hacklehead]

Sorry, can’t use it, it’s got carbon in it.

Note: Defeating Hellary is the Prime Directive. End the Cult of KKKlinton.

[rwh]

Wow. this would be great for these Appalachian states as development would bring many high paying jobs. It will be interesting to find out if they will need to frac the wells to produce, as fracturing the wells is very expensive. I work in the Jonah and Pinedale Anticline fields in Wyoming and every well needs to be fractured for production. Even though the price for natural gas coming out of these fields average $1-2 dollars lower per MMBtu than the national average, it is still more than economically viable for companies to produce these wells.

[2banana]

Lookin’ good. I’m in CLNE

CLNE is losing money in today's energy environment?

[GOP_Proud]

Dumb f'n hillbillies.

Now was that really necessary? My family happens to own the mineral,oil and gas rights to several thousand of these acres. The gas companies have been beating our doors down for a couple of years now. We've been holding their feet to the fire. It seems the ball is in our court.

[thackney]

It will be interesting to find out if they will need to frac the wells to produce, as fracturing the wells is very expensive.

In the article above it states:

In a gas shale such as the Marcellus shale, the host rock constitutes both the hydrocarbon source and reservoir, with either natural or man-made fractures needed to induce the gas to flow from the rock. That, then, raises a question regarding the feasibility of producing gas from the Marcellus shale. Engelder and Lash have presented evidence for fracturing in the shale that could provide a key to successful gas production.

[RSmithOpt]

They use to have the burn off stacks (burning 24/7) in folks’ yards, fields etc. and the nearby coal mines would pay them a little to put it there because it was cheaper than collecting and transporting the natural gas for sale. That way the mines stayed much safer from explosions.

[shove_it]

These are long term fliers. Take little bights.

[rwh]

Yeah I read that. I was refering to the end of the article where it discusses Range Resources Corp decision to frac their wells. If their problem was simply perforating the wrong zones (intact rock between fractures) then it is an easy fix.

[RSmithOpt]

All sarcasm. My Daddy was the son of a West Virginia coal miner, Anawalt, W.Va. (sw of Beckley near the Ky line.)

I was raised in the mountains of NC....no natural gas there...just tourons & transplants with flat feet who are smarter than the locals and everyone else.

[GOP_Proud]

Oh, I’m totally used to comments about dumb hillbillies. I are one.

My comment was referring to the expletive, even tho it was contracted.

I used to have family near Anawalt. I’ve cooked many a fish that my brothers pulled out of the Tug near there.

[decimon]

To me this looks far more promising than most of the maybe-someday-somehow possibilities that regularly surface.

[RSmithOpt]

Small mouth & perch? I’ve got a native brookie and rainbow flavored palette preference. Fished many an April standing in a trout stream and it snowing. I used to get some good personal consumption quality shine from KY, nearz ‘bout where W.Va, Ky, and Va all come together. Made in his kitchen...on a wood cook stove .... all stainless setup, 5 gal / run max around 130 proof. Co-workers hear in RTP, NC would stop by my house on occasion for ‘a taste of dat dar puny medicines’. Had to lie or run ‘em off this one fellar.....he liked it too much, especially that gallon I aged for 8 years in an amber bottle in the back under the kitchen sink. You got any idea how hard it was to ignore that jug for eight years?

[appeal2]

This is just another example of the market poised to work. In North Dakota and Montana the Battan Trend is thought to have reserves of over 300 billion barrels or which 10-20 percent are recoverable. Recent development wells drilled produced 2000 bpd. On recent trip to Dallas I noticed four or five drilling rigs going all out 24/7 developing a major new natural gas find. If the politicians would just get out of the way and let the market work this commodity would again trade as a commodity and in the manipulated convoluted manner it currently is.

[Poundstone]

500 trillion cubic feet. Anybody know what that represents in terms of natural gas usage in the US? How many cubic feet the US used, say, last year?

[thackney]

500 trillion cubic feet. Anybody know what that represents in terms of natural gas usage in the US? How many cubic feet the US used, say, last year?

21.65 trillion cubic feet used in 2006.

Natural Gas Consumption by End Use
http://tonto.eia.doe.gov/dnav/ng/ng_cons_sum_dcu_nus_a.htm

4.17 trillion cubic feet imported in 2006.

U.S. Natural Gas Imports by Country
http://tonto.eia.doe.gov/dnav/ng/ng_move_impc_s1_a.htm