A post on the Seeking Alpha blog details how successful Chesapeake Energy has been at rapidly leasing enormous acreages in all of the major natural gas shale plays in the United States. They author calls them a “land acquisition machine”.
Collingwood Shale
Chesapeake Energy: Land Acquisition Machine
Utica Shale: The Natural Gas Giant Beneath the Marcellus
A rock layer below the Marcellus Shale could prove to be another incredible source of natural gas. The Utica Shale is thicker, more geographically extensive and has already proven its ability to support commercial production.
Shale Country – ShaleCountry.com
Have you seen ShaleCountry.com, prepared by American Clean Skies Foundation?
“Given all the energy buzz about shale gas, as well as the environmental concerns, we wanted to find an engaging way to share the actual day-to-day experiences of people living in the areas where the gas is being produced – the Haynesville shale in Louisiana, the Fayetteville in Arkansas, and the Marcellus in New York and Pennsylvania.” Quote from the “About ShaleCountry.com” page.
EnCana Acquires 250,000 Collingwood Shale Acres
EnCana reports that they purchased 250,000 net acres above the Collingwood Shale in Michigan. More on the Bloomberg.com website.
Collingwood-Utica Gas Play – Michigan
Encana Corporation reports that they acquired a quarter million acres in Cheboygan, Kalkaska, and Missaukee Counties, Michigan for about $150/acre. They are reporting production from the Collingwood Shale (2.5 million cubic feet per day from one well), the rock unit immediately below the Utica and immediately above the Trenton. More at PennEnergy.com.
