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NGLs

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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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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Chesapeake Utica Shale Acreage Tops 1.25 Million Acres

by Kenneth E. DuBose on July 29, 2011

Chesapeake Energy announced its Utica Shale acreage position in its quarterly earnings call this morning. The company has leased over 1.25 million acres in the Ohio Shale and expects the acreage could be worth $15-20 billion. The acreage position doesn’t come as a surprise as many have known they were establishing a significant position, but […]

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