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Drilling in West Virginia State Forests?


Tuesday, August 17th, 2010

West Virginia state government studies their options on opening their 42,000 acres of mineral rights beneath state forest lands to Marcellus Shale gas drilling. Those leases would bring hundreds of millions of dollars in lease and royalty payments. More at Forbes.com.


Marcellus Shale is Changing Business Models


Monday, August 16th, 2010

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 Herald-Dispatch explores these and more.


30,000 Marcellus Shale Wells in Ten Years


Friday, July 9th, 2010

A New York Times article looks at some of the recent large investments in the Marcellus Shale Gas Field and quotes an industry estimate of 30,000 new wells drilled in the next ten years.


Economic Impact of the Marcellus Shale


Friday, June 11th, 2010

An article on The Daily Sentinel website reports that the Marcellus shale might yield $8 billion in natural gas in 2010, produce $785 million in state and local taxes, and produce 44,000 new jobs.


Chesapeake to Sell Some Marcellus Shale Assets


Friday, May 14th, 2010

An article on the Reuters.com website reports that Chesapeake Energy plans to sell about 20% of its Marcellus Shale Assets for over $2 billion.


CONSOL Energy CEO Talks About Buying Gas from Dominion


Wednesday, March 17th, 2010

In this video CONSOL Energy CEO, Brett Harvey, talks about the company’s purchase of natural gas assets from Dominion Resources. He seems to think highly of the potential for natural gas. A quote: “Natural Gas will be the chosen fuel.” (Consol already owns a lot of coal mines between the surface and the Marcellus Shale which create conflicting land use problems when drilling for natural gas.)


Free Webinar on the Impact of Natural Gas Shales – March 18th


Tuesday, March 16th, 2010

A free webinar titled: “The Impact of Marcellus Shale: What Do the Economic Impact Studies Imply?” is scheduled for Thursday, March 18th at 1:00 PM and hosted by the Penn State Cooperative Extension. You can register on their website.


hydrofrackingHydrofracking, Public Health and the Environment in West Virginia


Monday, March 8th, 2010

The Headline article in the West Virginia Observer gives a review of the objections to hydraulic fracturing and discusses potential actions by the West Virginia legislature aimed at protecting public health and the environment.


Foul Byproducts of Natural Gas


Friday, February 5th, 2010

An AP article in the Charleston Daily Mail says that “gas drilling in Appalachia yields a foul byproduct” – in reference to the wastewater associated with hydraulic fracturing.


Sumitomo To Buy Marcellus Shale Stake?


Wednesday, February 3rd, 2010

An article on the Oil and Gas Journal website reports that the Sumitomo Corporation of Japan is considering a stake in the Marcellus Shale gas play. Last year they invested in Barnett Shale acreage.


Marcellus Shale: It’s Not Too Late!


Monday, February 1st, 2010

An article on the Oil and Gas Journal website gives a detailed presentation on the huge number of opportunities that still exist in the Marcellus Shale gas play.


Chesapeake Energy: Marcellus Shale Production, Acreage and Rig Count


Monday, August 3rd, 2009

In a news release, Chesapeake Energy says that they are the largest leaseholder in the Marcellus Shale play with 1.45 million acres net. They are the most active driller in the play with 15 rigs and they expect to be the largest natural gas producer from the play by the end of 2009 with 80 mmcfe net per day. And they have increased their average per well yield projection from 3.75 bcfe to 4.2 bcfe.


Gas Lease in a State Park Causes Problems


Wednesday, June 24th, 2009

A private landowner in West Virginia leased drilling rights to a natural gas company then transferred the property to a state park system. Now the state says the gas company is not allowed to drill. More in the Houston Chronicle.


Range Resources and the Marcellus Shale


Monday, June 22nd, 2009

An article at RigZone profiles the Marcellus Shale holdings and activities of Range Resources. Range was one of the first companies to aggressively buy Marcellus leases and now has significant holdings.


Marcellus Wells at 40 Million Cubic Feet / Day?


Tuesday, June 9th, 2009

National Fuel Gas has been drilling wells into the Marcellus Shale and the yields from those wells seem to be increasing as their methods improve. They speculate about Marcellus Shale wells that yield 40 million cubic feet of natural gas per day. More in the Buffalo News.

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