Posts tagged as:

marcellus shale

Consol Energy’ acquisition of Dominion Resources’ Appalachian business for $3.5 billion in 2010 is proving to be a real boon for the company. Consol first announced a $3.5 billion JV with Noble Energy in the Marcellus Shale and more recently announced a $593 million JV with Hess in the Utica Shale. The company has not released […]

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Ohio Officials Ponder the Effects of Utica Shale Development

by Kenneth E. DuBose on September 8, 2011

Ohio state and local officials are preparing for a potential boom from the Utica Shale. It’s good to get ahead of the curve because it will be hard to keep up once the rigs start rolling in. Gov. John Kasich and members of his cabinet met with county officials from across the region Wednesday at […]

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Range Resources executed an ethane sales contract with NOVA Chemicals at the conclusion of a successful open season for MarkWest’s and Sunoco’s Mariner West Project. The pipeline will transfer ethane from MarkWest facilities in southwest Pennsylvania to Marysville, Michigan and on to Sarnia, Ontario. First deliveries are expected some time early 2014. Finding suitable markets […]

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Severed Mineral Rights Mean Lengthy Title Search

by Kenneth E. DuBose on August 31, 2011

Mineral rights ownership can be divided, divided again, and divided again just about as many times as you can say divided. There’s no simplicity in tracing back mineral ownership. It can take an hour, days, months or even years to track down the proper owners and the percentage of ownership that person has can be […]

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OH – PA – WV Want Shell Ethane Cracker

by Kenneth E. DuBose on August 30, 2011

An ethane cracker that is proposed by Shell will be built in the Marcellus Shale region of Ohio, Pennsylvania, and West Virginia. The petrochemical plant will be a major development for whichever state Shell chooses. You can bet those states are competing as we speak. For mineral owners, this adds value to hydrocarbons beneath your property by […]

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Tuscarawas Valley (Eastern Ohio) mineral leasing now commands as much as $4,000 per acre in the hottest areas. That’s a pretty big bump compared to the $15 per acre being paid last year. This is one instance where you’re in a good position if your title was difficult to research and it took a year […]

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New Jersey Frack Ban for 5 Years or Forever?

by Kenneth E. DuBose on August 26, 2011

New Jersey Frack Ban legislation is going to Governor Chris Christie’s desk and he is expected to veto the legislation and offer a compromise with a proposed five year ban. I imagine the state will soften up to the idea after other states get the house and order. New Jersey will want the jobs created […]

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Marcellus Shale Gas Recoverable Reserves | USGS

by Kenneth E. DuBose on August 25, 2011

The Marcellus Shale contains about 84 trillion cubic feet of undiscovered, technically recoverable natural gas and 3.4 billion barrels of undiscovered, technically recoverable natural gas liquids according to a new assessment by the U. S. Geological Survey (USGS). These gas estimates are significantly more than the last USGS assessment of the Marcellus Shale in the […]

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Frack water treatment or waste water disposal has the potential to be a $3 billion industry in the Marcellus Shale region. In case you didn’t catch it the first time, that’s Three Billion Dollars. That’s in one region alone. I won’t venture to guess how big the entire wastewater treatment industry might be in a […]

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Pennsylvania Marcellus Shale Gas Production Growth Strong

by Kenneth E. DuBose on August 20, 2011

Pennsylvania Marcellus Shale gas production grew by almost 60% in the first half of 2011. That roughly falls in line with what some experts predicted, but wow that’s pretty amazing growth. For those counting, it equates to almost 2.4 Bcf per day of gas production in Pennsylvania, but that’s just an average. The end of […]

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