Sunday, November 13, 2011
Friday, October 28, 2011
LNG exports look solid as Cheniere lands customer - Houston Chronicle
LNG exports look solid as Cheniere lands customer - Houston Chronicle A big step to making Nat gas export a reality.
Monday, October 3, 2011
N. American oil production rising
Houston Chronicle 10/28/2011 The fundamentals that will allow the US to finally adopt a coherent energy strategy are falling in line.
Lots of long term investment in Nat Gas
Globe & Mail 9/30/2011 Shale gas gives plastics sector new lease on life
Thursday, September 22, 2011
Wednesday, September 14, 2011
UPDATE: Sasol Hones In On US Natural Gas As Road Fuel
UPDATE: Sasol Hones In On US Natural Gas As Road Fuel Demand may increase sooner rather than later.
Friday, September 9, 2011
John Hanger's Facts of The Day: Gas Could Slash Carbon Emissions To Pre-1980 Level...
John Hanger's Facts of The Day: Gas Could Slash Carbon Emissions To Pre-1980 Level...: Canada's announcement that it would phase out coal-fired power plants produces a thought experiment. What would US carbon emissions be if g...
Thursday, August 18, 2011
Monday, August 15, 2011
Friday, July 29, 2011
The Centrist Cop-Out - NYTimes.com
The Centrist Cop-Out - NYTimes.comSeems to me that one of the most extreme voices has got it right. Folks in my neighborhood like to say the president is a socialist, but the evidence suggest he is pretty far right of center. Have to admit I was outraged, when i heard John Boehner argue "President Obama hates it. Harry Reid hates it. Nancy Pelosi hates it. Why would Republicans want to be on the side of President Obama, Harry Reid, and Nancy Pelosi [is] beyond me." Has he lost his mind? Has he forgotten that he is an American and that should be more important than political jihad? I think Krugman has it right in his piece. Media and politicians that are married to access and fund raising have really taken us down a rocky path.
Saturday, July 23, 2011
Me thinks we all protest too much » Questerre Energy
Me thinks we all protest too much » Questerre Energy This is an interesting take on the topic of shale gas development bu Mike Binnion CEO of Questerre.
Monday, July 18, 2011
Clashing Views on the Future of Natural Gas - NYTimes.com
Clashing Views on the Future of Natural Gas - NYTimes.com Not too sure how often thsi happens, but the NYT acknowledges and justifies criticism of Ian Urbina and his shoddy shale gas stories.....
Thursday, July 14, 2011
So the water was not ruined by the evil drilling......
The limited coverage (WENY-TV News - Local News) of drilling related contamination claims that turn out to be wrong just baffles me. The truth and even-handed presentation of facts just doesn't seem to matter. I clearly remember seeing the story that a lady's hair was falling out because her well was contaminated, but the only other place I saw that the DEP determined there was no contamination or problem caused by Chief was an industry rag and the Houston (yes, Texas) Chronicle. Personally, I would think that the local media might find high levels of naturally occurring barium in local water sources to be pretty big news. I would sure like to know that I am at risk and should test my water......
Monday, July 11, 2011
great piece on the real problem of methane migration.
News - The Times-Tribune
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Sunday, July 3, 2011
NYT "sources" exposed
Articles & Commentary I was a little surprised to read an official with the Dallas Fed was a critic of shale gas drilling. I never dreamed that the NYT was this far off base. Pretty disappointing information. There are plenty of issues natural gas (shale development) that merit serious analysis and conversation, not sure why the Times is wasting its time and sacrificing its credibility ginning up sensational stories without much merit....
Thursday, June 30, 2011
Wednesday, June 29, 2011
Lawmakers urge probes into estimates for gas drilling | Star-Gazette | stargazette.com
Lawmakers urge probes into estimates for gas drilling | Star-Gazette | stargazette.com Just when I think the rhetoric out of NY can't get any sillier.
Insiders Sound an Alarm Amid a Natural Gas Rush - NYTimes.com
Insiders Sound an Alarm Amid a Natural Gas Rush - NYTimes.com Wow. Hats off to the Times for their online source material and links to the actual emails & reports in question. Too bad that anyone reading them with a moderate knowledge of the shale gas boom would have to conclude Urbina is way off base. The article relies on a lot of dated material. Many of the quotes and skepticism are from 2009 or 2010 source material. I was a shale gas skeptic in early 2009. Today, following the Marcellus closely, it is absurd to think that the industry's 2009 well and potential reserve estimates were overly optimistic. To the contrary, wells have proved to be bigger with flatter initial declines than anticipated. Clearly, only time will tell us how wells ultimately perform, but the evidence so far is really compelling. For reference, in March of 2009 Chesapeake suggested they had 4,100 risked net undrilled wells and expected avg. reserves per well of 3.75 BCF over their 1.3 million net acre position. I assumed they were pushing the envelope a bit, but by October 2010 their actual well results indicated average EUR over 5 BCF. PA production data at year end 2010 suggested that 5 BCF might be low for their Pennsylvania wells. At a minimum, Chesapeake publicly underestimated the potential in Bradford and Susquehanna counties by a significant factor.
Today there is a strong case to be made that shale gas has been the opposite of a Ponzi scheme. The operators that may have gotten into trouble are the ones that have underestimated the scope of the shale gas impact on gas price. The Barnett and Haynesville have not disappointed, they just have to compete with each other as well as the Marcellus and the Eagle Ford. Again with Chesapeake, on March 2009 they predicted per well EUR to average 6.5 in the Haynesville and by October 2010, their wells were averaging production consistent with 6.5 BCF. The disappointing part was that the price of gas in fall of 2010 was closer to $4.00 than the $6.00 + price that Chesapeake and nearly everyone else anticipated. Arguably the abundance of shale gas reserves is the major factor in the historically low price of gas.
For further more lucid reading I suggest Christopher Helman, Forbes and Michael Levi, Council on Foreign Relations.
Today there is a strong case to be made that shale gas has been the opposite of a Ponzi scheme. The operators that may have gotten into trouble are the ones that have underestimated the scope of the shale gas impact on gas price. The Barnett and Haynesville have not disappointed, they just have to compete with each other as well as the Marcellus and the Eagle Ford. Again with Chesapeake, on March 2009 they predicted per well EUR to average 6.5 in the Haynesville and by October 2010, their wells were averaging production consistent with 6.5 BCF. The disappointing part was that the price of gas in fall of 2010 was closer to $4.00 than the $6.00 + price that Chesapeake and nearly everyone else anticipated. Arguably the abundance of shale gas reserves is the major factor in the historically low price of gas.
For further more lucid reading I suggest Christopher Helman, Forbes and Michael Levi, Council on Foreign Relations.
Tuesday, June 28, 2011
Sunday, June 26, 2011
Leading Marcellus geologist advocates forced pooling of gas over property rights | PennLive.com
Unitization and forced pooling are really big issues that unfortunately most people are not thinking about. Right now there is no concept of equity for landowners and I don't think people understand the distinction in owning land and owning oil & gas rights. Issues such as well / property line set backs and whether fracturing might be trespassing as well as compelled pooling and unitization are all important and in my opinion not getting nearly enough discussion. In addition, the current pooling in PA is being done under lease provisions controlled by the gas companies and at this time are almost entirely driven by intent to hold acreage which often little to no regard for the land owner's interest, environmental impact and geology.
I found the comments to this Penn Live piece to be more interesting than the story. Really shows the ignorance of even those citizens most actively involved in understanding gas development and its impact. Particularly upsetting to see people label Terry Engelder an industry hack just for speaking the truth. He is an academic illuminating problems with the current legal framework in PA and indicating a more ideal approach. Unitization and forced pooling are not really land grabs, but may be ways to improve equity in the development that is going to occur anyway while dramatically lessening the impact of that development on the land. You would think environmentally conscious citizens would take to a call for more regulation to protect the public which would create the opportunity to improve individual landowner rights for individuals concerned about surface development.
I found the comments to this Penn Live piece to be more interesting than the story. Really shows the ignorance of even those citizens most actively involved in understanding gas development and its impact. Particularly upsetting to see people label Terry Engelder an industry hack just for speaking the truth. He is an academic illuminating problems with the current legal framework in PA and indicating a more ideal approach. Unitization and forced pooling are not really land grabs, but may be ways to improve equity in the development that is going to occur anyway while dramatically lessening the impact of that development on the land. You would think environmentally conscious citizens would take to a call for more regulation to protect the public which would create the opportunity to improve individual landowner rights for individuals concerned about surface development.
Tuesday, June 14, 2011
Tuesday, May 31, 2011
Monday, May 23, 2011
Thursday, May 12, 2011
Wednesday, May 11, 2011
Tuesday, May 10, 2011
Wednesday, April 27, 2011
Tuesday, April 19, 2011
Friday, April 15, 2011
Wednesday, April 6, 2011
Encana to provide mobile LNG refueling stations for trucks serving Haynesville Shale - Oil & Gas Financial Journal
Oil & Gas Financial Journal - Chesapeake had a similar announcement regarding its fleet conversion with plan to provide public fueling stations in the regions it operates.
Tuesday, April 5, 2011
Monday, April 4, 2011
Thursday, March 31, 2011
Wednesday, March 30, 2011
Thursday, March 24, 2011
Shale drillers tout recycling as option for wastewater
Philadelphia Inquirer summary of water disposal issues
Wednesday, March 23, 2011
Saturday, March 19, 2011
Monday, March 14, 2011
Wednesday, February 23, 2011
Corvette delivering for gas companies
Corbett scales back drilling policy on Pa. public land
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Monday, February 21, 2011
Wednesday, February 16, 2011
Tuesday, February 15, 2011
Monday, February 14, 2011
Thursday, February 10, 2011
Wednesday, February 9, 2011
Sunday, February 6, 2011
Sunday, January 30, 2011
Friday, January 28, 2011
Wednesday, January 26, 2011
Tuesday, January 25, 2011
Monday, January 24, 2011
Webinar: Plumbing the Depths in Pa: A Primer on Marcellus Shale Geology and Technology — Cooperative Extension — Penn State Cooperative Extension
Penn State Cooperative Extension webinar on Marcellus Geology.
Wednesday, January 19, 2011
$500,000 grant awarded for frack water recycling plant - Lockhaven.com | News, Sports, Jobs, Community Information - The Express
Looks like the commontwaelth is in the business of subsidizing the gas industry....
Monday, January 17, 2011
Fiat Focuses on Natural Gas Engines | Gas and Oil News
Interesting facts about natural gas vehicle deployment world wide.
Washington is neglecting a natural choice in gas | Analysis & Opinion |
A call for US support for domestic natural gas use.
Wednesday, January 12, 2011
Sen. Yaw introduces Marcellus Shale legislation - News - Daily Review
Towanda Daily Review 1/12/2011 - discussion of legislation Yaw is developing / promoting
Tuesday, January 11, 2011
2011-01-11 EOG sells Tioga County wells / acreage
EOG really strapped for cash or maybe going to keep their Bradford acreage? This includes acreage and at least producing wells and another dozen wells in various stage of completion? In addition to the sale price EOG will avoid the carry of the planned 16 2011 wells.
Monday, January 10, 2011
Saturday, January 8, 2011
AP Style? « Marcellus Shale Coalition
Clever response to perhaps the most irresponsible Marcellus story yet....First positive thing I have ever said about the MSC
Friday, January 7, 2011
Utica Shale - The Natural Gas Giant Below the Marcellus?
Good overview and summary of Utica Shale potential at Geology.com
Monday, January 3, 2011
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