A quick question on viable gas companies operating in the above area. Ever since I put together a land group of about 800 acres, I have been asked to concider being involved on a much larger scale of perhaps several thousand in the same area of Elizabeth and Forward Twps. Chesapeake has shown much interest and are fine company. Atlas and Range to date are not players. With this much acreage and still very much in this marcellus formation, I welcome any thoughts or suggestions. Thanks to all,…
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Added by scott m on September 22, 2009 at 5:12am —
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Bill Powers has an
article
Highlights.
"The two most important factors in the production profile of a play are its decline curve and its reserve life."
"I believe we are about to experience a big mismatch between US reserves and gas deliverability due in large part to long-lived shale gas reserves."
"Given that an increasing percentage of US reserves…
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Added by Keith Mauck (Site Publisher) on September 22, 2009 at 3:02am —
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Here's a great
op-ed from Representative Glenn Thompson on developing the Marcellus
Added by Rita McConnell on September 21, 2009 at 4:11am —
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Upload your links here and share them with site members.
Added by Keith Mauck (Site Publisher) on September 15, 2009 at 8:15am —
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Has anyone done any research into the financial well-being of the Co.'s that are going to work The Marcellus Play?
Added by christian on September 9, 2009 at 6:50am —
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Gov. Ed Rendell said more time is needed to see how the industry develops in Pennsylvania.
[In other words, lets wait until we lure them here and then we'll really fleece them]
An economic impact study by Penn State researchers said curtailment of drilling activity that would result from the imposition of a proposed severance tax would generate $1.4 billion less state and local total tax revenue between now and 2020 than if the industry is allowed to grow without the…
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Added by Keith Mauck (Site Publisher) on September 3, 2009 at 2:55pm —
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Drilling and Fracturing
Both vertical and horizontal wells are used in shale gas drilling and completion; however, horizontal wells are the increasing trend due to both environmental concerns and economic efficiency (DOE, 2009). Horizontal drilling allows more exposure within the formation to optimize capture of natural gas as well as reducing the environmental footprint of drilling activity (DOE, 2009). The United States Department of Energy’s recently released document on shale gas…
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Added by Keith Mauck (Site Publisher) on September 1, 2009 at 3:44am —
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Does anyone have info on the results of the drilling in This well ? (8-26) The rig has been pulled after
sampling w/ a core I presume. Also any info on the state of negotiations w/ the Rail Trail for a new
pipe line. The Redling well is approximately 2,000 ft from the trail.
Added by Girdon E. Buck on August 31, 2009 at 8:47am —
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The
Barnett shale formation lies directly underneath Ft. Worth, Texas, a metro area of some 1.6 million. Urban drilling has become commonplace in the suburban areas there and even in downtown Ft. Worth. Any open field can be a potential drilling site for a gas well.
Range Resources is one of the companies that is leasing…
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Added by Tom Copley on August 26, 2009 at 3:20pm —
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We are getting "local" as we continue to organize and grow this website. We have begun the process of narrowing our discussions down to the county level with the creation of
county groups within GoMarcellusShale.com.
The county groups will allow us to share relevant information to our locales; such as leasing activity. These groups need you. The value of each group really depends on our willingness to share what we…
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Added by Keith Mauck (Site Publisher) on August 18, 2009 at 5:00am —
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Cabot Oil and Gas has recently started using
fit-for-purpose rigs. These have been optimized for pad drilling. They have a smaller footprint than conventional rigs and minimize damage to environmentally sensitive surface areas, and, all the while, get world-class drilling results. One of Cabot's Susquehana Co. wells just produced 1/2 Bcf of natural gas in its first 60 days. For the latest…
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Added by Tom Copley on August 12, 2009 at 6:58am —
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Should the land owner in a 640 acre horizontal site that has multiple landowners involved, receive additional compensation if the well is placed on his property. We are in discussions with Chesapeak. Thanks for your thoughts. Scott
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Added by scott m on August 11, 2009 at 12:41am —
9 Comments
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…
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Added by scott m on August 5, 2009 at 7:04am —
19 Comments
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…
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Added by Tom Copley on August 4, 2009 at 3:30pm —
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Added by Keith Mauck (Site Publisher) on August 3, 2009 at 4:45am —
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Hydraulic Fracturing and UDSW Protection
ALL Consulting
Lead author: J. Daniel Arthur
Contributing authors: Bill Hochheiser, and Brian Bohm
Download and Print the Paperbr>
Introduction
Natural gas production from shale formations is a fast-growing segment of the United States’ natural gas supply, and is considered one of the…
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Added by Keith Mauck (Site Publisher) on July 30, 2009 at 7:56am —
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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 4:34am —
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Devon CEO Rips Climate Bill…
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Added by Keith Mauck (Site Publisher) on July 23, 2009 at 4:06am —
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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….”…
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Added by Keith Mauck (Site Publisher) on July 15, 2009 at 5:05am —
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FEEL FREE TO LISTEN TO THE HEARING.
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…
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Added by Keith Mauck (Site Publisher) on June 10, 2009 at 1:00pm —
7 Comments