The Impact of Shale Gas on Energy Markets
Friday, August 27th, 2010
An explosion of natural gas from shale is swamping the market with an abundance of new gas, upsetting investment models for LNG terminals and making gas cost-competitive with coal. More at The Hill.


A Catholic cemetery association has leased over 1000 acres of land giving Huntley & Huntley a five year option to drill for natural gas. More at the
Who owns the
Drillers are now starting fewer wells – but those wells are a lot more expensive. State revenues from natural gas drilling are increasing. Electric utilities are switching from coal to gas. An article at
When an oil or gas well is drilled it withdraws fluids from beneath lands surrounding the well. This gets more complicated when a well is deviated to horizontal below the ground and penetrates beneath many land parcels. Pennsylvania might have a bill this fall that requires groups of landowners to enter into certain extraction / compensation arrangements even if some do not agree. More at
Marcellus Shale landowners challenged Range Resources on deducing transportation and processing costs from the production value of natural gas before making royalty payments. More at
A few landowner associations in Texas reached agreements with large natural gas producers in early 2008 but the producers never delivered leases to individual landowners. Now the landowners are organizing for a court challenge. More in the