Happy to be back--update to natural gas industry. - GoMarcellusShale.com2024-03-29T12:38:18Zhttps://gomarcellusshale.com/forum/topics/happy-to-be-back-update-to-natural-gas-industry?commentId=2274639%3AComment%3A758481&x=1&feed=yes&xn_auth=noMr. Vietze
The world of hydro…tag:gomarcellusshale.com,2017-06-30:2274639:Comment:7584812017-06-30T00:48:11.125ZCoffeeguyzzhttps://gomarcellusshale.com/profile/Coffeeguyzz
<p>Mr. Vietze</p>
<p>The world of hydrocarbons is vast, dynamic, crucial to all of our lives, and wrought with much future uncertainty.</p>
<p>A brief reply from one who, decades ago, was involved in several early stage discovery and development projects of oil/gas resources in various countries around the world ,,,</p>
<p> You all, in the Appalachian Basin, are standing atop the biggest supply of natural gas on the planet.</p>
<p>The Marcellus, the Upper Devonian formations and the Utica…</p>
<p>Mr. Vietze</p>
<p>The world of hydrocarbons is vast, dynamic, crucial to all of our lives, and wrought with much future uncertainty.</p>
<p>A brief reply from one who, decades ago, was involved in several early stage discovery and development projects of oil/gas resources in various countries around the world ,,,</p>
<p> You all, in the Appalachian Basin, are standing atop the biggest supply of natural gas on the planet.</p>
<p>The Marcellus, the Upper Devonian formations and the Utica contain a century or more of resource at today's rates of consumption.</p>
<p>Think Saudi Arabia/Kuwait type of potential in gaseous form rather than oil.</p>
<p></p>
<p>There are many technologies being rolled out, Adsorbed Natural Gas (ANG) being one, that will expand the utilization of natgas over oil due to its much lower price per energy content.</p>
<p>Operationally, laterals one, two, and three miles long are VERY tilted towards gas extraction versus oil due to the physical characteristics involved.</p>
<p>The often overlooked Natural Gas Liquid component (NGLs) are what myriad products are made from.</p>
<p>The build out of the Mariner East 2 to Marcus Hook this coming fall will spark a huge upsurge in production from SW PA and the 'wet' areas of OH and WV.</p>
<p>Your area should benefit economically for decades to come if the political/social forces seeking to thwart development are overcome.</p>