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Revision as of 03:47, 2 July 2009

Contents

WikiMarcellus -- Marcellus Shale and Other Appalachian Plays

Trenton-Black River (TBR)

The Trenton-Black River (TBR) is a geological formation. It extends underneath the Appalachian Basin, from Kentucky through Ohio, West Virginia and Pennsylvania and into upstate New York and the Provinces of southwestern Ontario and southern Quebec.

Contracting note: One can obtain an interest in TBR that would be separate from Marcellus Shale and other sections.

Companies Actively Drilling

Reported Leasing Land

Drilling Hotspots

Marcellus Shale (MS)

During 2008 very active leasing activity took place in the first half of the year by companies speculating on the eventual production of prolific amounts of natural gas from the Marcellus shale formation. It is part of a larger development of shale oil and gas plays throughout North America sometimes referred to as the shale sweepstakes. There are still many research issues relating to the exploration of this formation. During 2009, leasing activity has been greatly reduced due to the on-going economic meltdown, but most of the companies are continuing reconnaissance of prospective areas.

In excess of twenty major oil and gas companies have invested over $700 million during 2008 in developing the Marcellus Shale play. Up to half of the total was in Pennsylvania with New York State in second place. Gas exploration and production in the US is shifting to the Marcellus and Barnett shales due to the higher yields that are possible, availability of pipeline capacity, and the closeness of the fields to large metropolitan markets. These factors make the Marcellus and Barnett plays more profitable when compared to other alternatives. Investment continues during 2009, but on a smaller scale than originally planned due to a gas glut, economic conditions and environmental concerns about drilling. Nevertheless, according to one (possibly optimistic) estimate 800 Marcellus wells will be drilled during 2009; that would be an increase of more than 400% from the previous year.

Companies Actively Drilling

Reported Leasing Land

Support Companies and Organizations

Environmental and Non-governmental Orgainzations

Industry Organizations

Environmental Consultants

Governmental Organizations

Landholders & Landholder Groups

Universities And Research Institutes

Gas Industry Publications

Consulting Organizations

Online/Social Networking Resources

Utica Shale (US)

The Utica shale is located in central New York State and stretches north to the Province of Quebec, Canada. There is far less heard about it than the Marcellus shale, because the latter is a much larger formation stretching across several states.

Companies Actively Drilling

Reported Leasing Land

Huron Shale (HS)

The Huron shale is a play spanning the tri-state area of Southern West Virginia, Eastern Kentucky and Western Virginia. It is shallower than the Marcellus shale at the 4000 or 5000 feet level. Most of the wells in this formation are horizontal ones.

Companies Actively Drilling

Reported Leasing Land

North Carolina shales

North Carolina's shale formations including the Dan River Basin and the Deep River Basin of Central North Carolina are so far virtually untapped, but may hold reservoirs capable of eventual commercial gas production.

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