My farm is located in SE allegheny county, Elizabeth Twp. The original offer from them was 250 per and that was about three months ago. They are negotiable on the royality, they started at 12.5% Just today they offered 500 per and will still negitiate the royality rate. We must sign by 8-14 and that will not happen as they want me to discuss same with all the neighbors. I am under the impression they only want to do Hydraulic and I/we would want a deep verticle also. Any thoughts are… Continue
Chesapeake Energy has been intensifying its efforts in the Marcellus shale and is poised to take over the lead in production of natural gas coming from it. In an operations update issued at the end of the first half of '09 the company hi-lighted a couple of reasons that probably help explain why so many companies are shifting their exploration activities to the Marcellus. Assuming $7 gas and $70 oil (today's… Continue
Natural gas production from shale formations is a fast-growing segment of the United States’ natural gas supply, and is considered one of the… Continue
FYI ... There is a meeting this evening, July 30th--open to the public--in Waymart, PA, at the Salvation Army Ladore Camp to discuss how the Marcellus Shale project will affect the area. There is also a Q&A segment. The meeting is being held at the Pavillion Building, 287 Owego Turnpike in Waymart. Time is 6:00pm.
Added by Raymond Wharrie on July 30, 2009 at 11:34am —
No Comments
In a special report on hydraulic fracturing, in the July 6th edition of the Oil and Gas Journal, the authors write that, “the need for communication of accurate information to the public, lawmakers, and regulators is imperative on various drilling-related topics, including hydraulic fracturing, water use and supply, and surface use. [Especially given the] active development of massive US natural gas shale plays in regions of the country….”… Continue
We need to “move forward” with a working group in order to discover the best drilling practices for the safe extraction of shale gas, Jim Costa (D-CA), Chair of the House Subcommittee on Energy and Mineral Resources said at a June 4th oversight hearing on unconventional fuels and the potential of shale gas.
The hearing didn’t really resemble its title. Or… Continue
The Marcellus Shale play may still be in its infancy, but some areas of Pennsylvania are already seeing economic impact in their communities. Imagine what it will do for PA when its really up and running. See this article from Northeat Pennsylvania:
Joseph Romm, noted online climate change activist, sees how the teasure trove that is the Marcellus could lower emissions and help the US meet climate change goals.
- Neither the Brazilian government nor state-run Petroleo Brasileiro SA (Petrobras) is willing to stop producing oil and natural gas or to decrease output. Petrobras produces 1.9 million b/d of oil,… Continue
Terry Engelder of Penn State along with Gary Lash (SUNY-Fredonia) are two pioneering geologists who have really educated the public about the Marcellus shale formation. In this Webinar, Dr. Engelder, explains some of the technical side of horizontal drilling and fracking when drilling for… Continue
What is the legitimate role of government in regulating chemicals used in hydro-fracturing natural gas wells? Hydro-fracturing is a key technology used in achieving productivity in shale gas wells, and has been in use for decades. Now these chemicals are coming under Congressional scrutiny as… Continue
ENVIRONMENTAL FIRM FINDS MARCELLUS SHALE DRILLING ACTIVITY HAD MINIMAL IMPACT ON TOTAL DISSOLVED SOLIDS FOUND IN MONONGAHELA RIVER LAST FALL
PITTSBURGH (May 20) – A study completed by international environmental engineering and consulting firm Tetra Tech, Inc., revealed that natural gas development was only a minor contributor to elevated levels of Total Dissolved Solids (TDS) in the Monongahela River last fall.
Tetra Tech found that the primary TDS load in the Monongahela… Continue
Added by Betsy Mallison on May 20, 2009 at 2:31pm —
No Comments
ALL Consulting has put together a good piece on fracturing.
"The issue of hydraulic fracturing has raised many concerns from the public as well as government officials. This paper will review the history and evolution of hydraulic fracturing, including environmental and regulatory considerations. Additionally, technical and environmental considerations will be presented applicable to hydraulic fracturing in the unconventional arena of gas shales with an emphasis on the Marcellus… Continue
"As landowners, mineral owners, oil and gas professionals, and concerned citizens, we respectfully ask Congress to maintain fiscal policies that encourage domestic exploration and to NOT add hurdles, in the form of additional taxes & fees, to our domestic energy industry. America needs policies that encourage domestic exploration and prompt the pursuit of our own abundant energy resources."
This new report from DOE is a really great "101" on Shale Gas. Its long, but its worth the read if you really want to know about the extraction of shale gas. It is not specific to the Marcellus.
Part 3 of 3 in a series covering the 2009 Developing Unconventional Gas Conference
By Austin Eudaly
Several companies spoke about their specific positions in each of the prolific shale plays in the US. It should be noted that there was a tremendous amount of new buzz surrounding the Marcellus Shale at this year’s conference. Range Resources CEO, John… Continue
Part 2 of 3 in a series covering the 2009 Developing Unconventional Gas Conference
By Austin Eudaly
Currently, we are seeing what is being commonly referred to as a natural gas glut in the US. Today, we have an over abundance of supply, and a not so copious demand. Thomas Gardner, Director for Simmons & Co. International discussed the causes… Continue