Natural Gas Postcards

Playing a smart shale gas hand Is the shale gas M&A market ripe for a correction? - Oil & Gas Financial Journal

2011-11-13T07:38:00.000-08:00

Playing a smart shale gas hand Is the shale gas M&A market ripe for a correction? - Oil & Gas Financial Journal

LNG exports look solid as Cheniere lands customer - Houston Chronicle

2011-10-28T06:13:00.000-07:00

LNG exports look solid as Cheniere lands customer - Houston Chronicle A big step to making Nat gas export a reality.

N. American oil production rising

2011-10-03T05:19:00.000-07:00

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

2011-10-03T04:33:00.000-07:00

Globe & Mail 9/30/2011 Shale gas gives plastics sector new lease on life

W.Va. seen as big winner in shale gas development - AP Featured News - Charleston Daily Mail - West Virginia News and Sports -

2011-09-22T06:10:00.000-07:00

W.Va. seen as big winner in shale gas development - AP Featured News - Charleston Daily Mail - West Virginia News and Sports -

UPDATE: Sasol Hones In On US Natural Gas As Road Fuel

2011-09-14T13:23:00.000-07:00

UPDATE: Sasol Hones In On US Natural Gas As Road Fuel Demand may increase sooner rather than later.

John Hanger's Facts of The Day: Gas Could Slash Carbon Emissions To Pre-1980 Level...

2011-09-09T11:29:00.000-07:00

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...

New shale study refutes Cornell: Marcellus gas better than coal | PennLive.com

2011-08-18T09:59:00.000-07:00

New shale study refutes Cornell: Marcellus gas better than coal | PennLive.com

New York Times Passes Gas | The Weekly Standard

2011-08-15T06:44:00.001-07:00

New York Times Passes Gas | The Weekly Standard

Weekly Standard: NY Times' Well-Deserved Backlash : NPR

2011-08-15T06:44:00.000-07:00

Weekly Standard: NY Times' Well-Deserved Backlash : NPR

Siemens' new water treatment system designed to handle wastewater from shale drilling

2011-08-15T05:06:00.000-07:00

Siemens' new water treatment system designed to handle wastewater from shale drilling

The Centrist Cop-Out - NYTimes.com

2011-07-29T05:31:00.000-07:00

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.

Me thinks we all protest too much » Questerre Energy

2011-07-23T11:04:00.000-07:00

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.

Clashing Views on the Future of Natural Gas - NYTimes.com

2011-07-18T06:35:00.000-07:00

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.....

So the water was not ruined by the evil drilling......

2011-07-14T13:51:00.000-07:00

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......

Clobert remains king of the absurd.....

2011-07-14T06:10:00.000-07:00

This is too good to miss....

great piece on the real problem of methane migration.

2011-07-11T06:34:00.001-07:00

News - The Times-Tribune

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NYT "sources" exposed

2011-07-03T03:50:00.000-07:00

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....

Moxie Energy proposes to build power plant in Asylum Twp. - News - Daily Review

2011-06-30T05:20:00.000-07:00

Moxie Energy proposes to build power plant in Asylum Twp. - News - Daily Review

Lawmakers urge probes into estimates for gas drilling | Star-Gazette | stargazette.com

2011-06-29T10:16:00.000-07:00

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

2011-06-29T10:06:00.000-07:00

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.

Gushers highlight gas potential of Pa.’s Marcellus Shale; drillers boost production estimates - The Washington Post

2011-06-28T03:44:00.000-07:00

Gushers highlight gas potential of Pa.’s Marcellus Shale; drillers boost production estimates - The Washington Post

Leading Marcellus geologist advocates forced pooling of gas over property rights | PennLive.com

2011-06-26T06:47:00.000-07:00

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.

Prices Fall for Some Gas-Rich Shale Land - NYTimes.com

2011-06-14T05:25:00.000-07:00

not sure the phillips acreage is as attractive as some of the earlier sale comps. It might better be viewed as a lower price bet on nat gas long term - NYTimes.com

BREAKING NEWS: Shell plans world-class ethylene cracker in Marcellus region - Oil & Gas Financial Journal

2011-06-14T05:13:00.000-07:00

Example of recent momentum on the long term natural gas demand front - Oil & Gas Financial Journal

Corbett offers rationale for opposing gas industry tax — NewsWorks

2011-05-31T12:12:00.000-07:00

Really? ...... Is it really possible he said this? — NewsWorks

Facts of The Day: Don't Mess With Pennsylvania

2011-05-23T05:59:00.000-07:00

Interesting fact that i bet you didn't know.... PA has less unemployment than Texas and is 1.5% below the national average..... Are you sure you don't support natural gas development?

Getting coal power to clean up its stacks - Philly.com

2011-05-23T05:56:00.000-07:00

This would be a HUGE tailwind to promote fuel switching with real impact on building natural gas demand

Cheniere wins an OK for LNG export | Business | Chron.com - Houston Chronicle

2011-05-23T05:38:00.000-07:00

Cheniere wins an OK for LNG export | Business | Chron.com - Houston Chronicle

DEP: No air impact in Lycoming from operations - Lockhaven.com | News, Sports, Jobs, Community Information - The Express

2011-05-23T05:30:00.000-07:00

DEP: No air impact in Lycoming from operations - Lockhaven.com | News, Sports, Jobs, Community Information - The Express

NGI Wood Mckenzie Study debunks Cornell gas development GHG footprint

2011-05-12T05:39:00.000-07:00

2011-05-11 See the second half of the story

Facts of The Day: Gas Migration, Not Frack fluids, Is The Real Issue For Water Wells

2011-05-11T05:25:00.000-07:00

Facts of The Day: Gas Migration, Not Frack fluids, Is The Real Issue For Water Wells

PennFuture: Every environmentaBoy trapped in refrigerator eats own foot

2011-05-10T06:01:00.000-07:00

Former DCNR head speaks out on the absurdity of Marcellus Environmental reporting

Drillers escape taxes, group says - Gas Drilling - The Times-Tribune

2011-04-27T12:22:00.000-07:00

Drillers escape taxes, group says - Gas Drilling - The Times-Tribune

Facts of The Day: Gas Replacing Coal Even in Kentucky

2011-04-27T12:17:00.000-07:00

Facts of The Day: Gas Replacing Coal Even in Kentucky

Facts of The Day: Gas Is Cleaner Than Coal: What Cornell Prof Gets Right and Wrong

2011-04-19T05:15:00.000-07:00

Secretary Hanger seems to be one of the few public voices that gets it right....

About My Support for Natural Gas - NYTimes.com

2011-04-19T05:08:00.000-07:00

About My Support for Natural Gas - NYTimes.com

Marcellus Production

2011-04-15T02:30:00.000-07:00

Oklahoma updates unitization and pooling legislation

2011-04-15T02:26:00.000-07:00

This is a major issue in PA that is not yet well understood by Marcellus acreage owners 2011-04-15

Encana to provide mobile LNG refueling stations for trucks serving Haynesville Shale - Oil & Gas Financial Journal

2011-04-06T01:55:00.000-07:00

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.

Progress closes coal plant ahead of schedule - to replace with nat gas generation

2011-04-05T13:33:00.000-07:00

Facts of The Day

Could Shale Gas Power the World?

2011-04-04T06:00:00.000-07:00

Time magazine piece with Bradford county focus

Facts of The Day: The PA Economy Roars & Beats Sun Belt

2011-03-31T04:18:00.000-07:00

Very interesting. Have to say this is a story I never expected to here....

Two early shale gas movers say they are prospering in lean times - Natural Gas | Platts News Article & Story

2011-03-31T04:09:00.000-07:00

Two early shale gas movers say they are prospering in lean times - Natural Gas | Platts News Article & Story

Year-to-Year Shale Basin Rig Counts Show Winners and Losers

2011-03-30T05:10:00.000-07:00

NGI2011-03-28

Seneca expands capital budget / Marcellus investment

2011-03-30T05:08:00.000-07:00

2011-03-29

Williams CEO discusses relative economics & impact of Marcellus

2011-03-30T04:53:00.000-07:00

NGI 2011-03-29

Shale drillers tout recycling as option for wastewater

2011-03-24T06:14:00.000-07:00

Philadelphia Inquirer summary of water disposal issues

Marcellus Shale Case Settled for Possible $22 Million

2011-03-24T05:55:00.000-07:00

2011-03-24

Range view of Appalachia - NGI 2011-03-23

2011-03-23T04:52:00.000-07:00

2011-03-23 interesting perspective on mid term prospects of Appalachia

Marcellus water use - NGI 2011-03-23

2011-03-23T04:43:00.000-07:00

PSU study of water use and wastewater recycling in SRB - 2011-03-23

Shale gas daily 2011-03-21

2011-03-19T07:50:00.000-07:00

DEP - Water use not an issue

Scientist says the spin is on - Times Union

2011-03-14T06:03:00.000-07:00

More moderate voices weighing in

Corvette delivering for gas companies

2011-02-23T08:34:00.001-08:00

Corbett scales back drilling policy on Pa. public land

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New production data shows shale's promise and growth - News - The Times-Tribune

2011-02-21T07:15:00.000-08:00

New production data shows shale's promise and growth - News - The Times-Tribune

OGFJ100P company update - Oil & Gas Financial Journal

2011-02-16T07:04:00.000-08:00

OGFJ100P company update - Oil & Gas Financial Journal list of top private producers

Gas-drilling company will lease state game lands in Tioga County - SunGazette.com | News, Sports, Jobs, Community Information - Williamsport-Sun Gazette

2011-02-15T07:50:00.000-08:00

Gas-drilling company will lease state game lands in Tioga County - SunGazette.com | News, Sports, Jobs, Community Information - Williamsport-Sun Gazette

2011-02-14T07:34:00.000-08:00

Gas-drilling company will lease state game lands in Tioga County - SunGazette.com | News, Sports, Jobs, Community Information - Williamsport-Sun Gazette

New drilling method opens vast oil fields in US - Yahoo! Finance

2011-02-10T06:50:00.000-08:00

AP piece on the boom in domestic oil. Further evidence of the paradigm change in energy

Shale Gas: Global game changer - Oil & Gas Financial Journal

2011-02-09T08:29:00.000-08:00

Piece on long term effects of unconventional gas growth

BG Bullish on gas 2011-02-09

2011-02-09T08:18:00.000-08:00

2011-02-09 shale daily article

Southwestern buys Exco leaseholdings in Lackawanna, Susquehanna and Wyoming - Gas Drilling - The Times-Tribune

2011-02-06T08:31:00.000-08:00

Southwestern buys Exco leaseholdings in Lackawanna, Susquehanna and Wyoming - Gas Drilling - The Times-Tribune

Marcellus Shale: New State Governors, New Shale Development? - GLG News

2011-01-30T04:52:00.000-08:00

Opinion piece on contrast in PA & NY Marcellus public policy

XOM - Energy outlook high on nat gas

2011-01-28T03:57:00.000-08:00

NGI shale daily 2011-01-28

NGI Shale Daily 2011-01-26

2011-01-26T04:00:00.000-08:00

KKR seem to be shale believers

Range’s Proved Reserves Increase 42% | Business Wire

2011-01-25T04:56:00.000-08:00

Impressive Marcellus driven reserve growth.

Webinar: Plumbing the Depths in Pa: A Primer on Marcellus Shale Geology and Technology — Cooperative Extension — Penn State Cooperative Extension

2011-01-24T04:44:00.000-08:00

Penn State Cooperative Extension webinar on Marcellus Geology.

$500,000 grant awarded for frack water recycling plant - Lockhaven.com | News, Sports, Jobs, Community Information - The Express

2011-01-19T03:54:00.000-08:00

Looks like the commontwaelth is in the business of subsidizing the gas industry....

NGI - 2011-01-18

2011-01-17T07:08:00.000-08:00

Tudor, Pickering, Holt analysis of year-end reserve estimates

Fiat Focuses on Natural Gas Engines | Gas and Oil News

2011-01-17T06:46:00.000-08:00

Interesting facts about natural gas vehicle deployment world wide.

Washington is neglecting a natural choice in gas | Analysis & Opinion |

2011-01-17T06:33:00.000-08:00

A call for US support for domestic natural gas use.

Sen. Yaw introduces Marcellus Shale legislation - News - Daily Review

2011-01-12T05:03:00.000-08:00

Towanda Daily Review 1/12/2011 - discussion of legislation Yaw is developing / promoting

Corbett names DEP team - News - The Times-Tribune

2011-01-12T04:44:00.000-08:00

2011-01-11 EOG sells Tioga County wells / acreage

2011-01-11T04:47:00.000-08:00

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.

2011-01-10

2011-01-10T05:14:00.000-08:00

Starting to see more operators talking about development plans, down spacing, etc....

AP Style? « Marcellus Shale Coalition

2011-01-08T08:32:00.000-08:00

Clever response to perhaps the most irresponsible Marcellus story yet....First positive thing I have ever said about the MSC

Utica Shale - The Natural Gas Giant Below the Marcellus?

2011-01-07T05:32:00.000-08:00

Good overview and summary of Utica Shale potential at Geology.com

Coal's burnout

2011-01-03T13:51:00.000-08:00

Pressure on coal generation? - Washington Post 1/2/2010

Marcellus Shale Facing Pipeline Capacity Issues

2010-12-24T06:44:00.000-08:00

NGI Shale daily 12/24/2010

Fuel Fix » Oil field services providers go greener on fracturing

2010-12-22T07:52:00.000-08:00

Fuel Fix (12/20/2010)» Oil field services providers go greener on fracturing

EXCO Resources

2010-12-22T07:32:00.000-08:00

EXCO acquires Chief Lycoming and Sullivan acreage

Sustained Gas Liquids Drilling in 2011, Says Analyst

2010-12-22T06:59:00.000-08:00

Increasing expectations for 2011 price rebound - Shale gas daily 12/22/2010

Dip Deep - SunGazette.com | News, Sports, Jobs, Community Information - Williamsport-Sun Gazette

2010-12-20T08:27:00.000-08:00

Williamsport-Sun Gazette piece on potential of Utica formation

Talisman Energy Announces Strategic Partnership With Sasol in Montney Shale- C$ 1,050 Million Farrell Creek Asset Sale

2010-12-20T06:36:00.000-08:00

Interesting to see a gas to liquids operator take a large upstream position.

Barclays Says U.S. E&Ps to Spend More in Oily Shales, Less in Gas

2010-12-16T06:11:00.000-08:00

Marcellus Cap X in NE to increase, but likely not as much as anticipated a year ago.

Shell: We'll produce more gas than oil by 2012

2010-12-16T05:20:00.000-08:00

money.cnn.com 2010/12/15/ - Interesting take on Shell's overall view. Significant near term Marcellus development makes a lot of sense in there long term gas strategy.

Anadarko provides picture of drilling activities in Clinton - Lockhaven.com | News, Sports, Jobs, Community Information - The Express

2010-12-16T04:53:00.000-08:00

Anadarko provides picture of drilling activities in Clinton - Lockhaven.com | News, Sports, Jobs, Community Information - The Express

DEP drops Dimock waterline plans; Cabot agrees to pay $4.1M to residents - Gas Drilling - The Times-Tribune

2010-12-16T04:30:00.000-08:00

DEP drops Dimock waterline plans; Cabot agrees to pay $4.1M to residents - Gas Drilling - The Times-Tribune

Gas to Climb in 2011 as 5-Year Output Gain Ends: Energy Markets - Bloomberg

2010-12-13T06:12:00.000-08:00

Bloomberg 12/10/2010

Range Resources hedges 80 percent of 2011 gas production | Business | Dallas Business, T...

2010-12-08T05:02:00.000-08:00

Range Resources hedges 80 percent of 2011 gas production | Business | Dallas Business, T...

XXI Energy Goes Deep Into the Gulf - Forbes.com

2010-12-06T04:56:00.000-08:00

Forbes 12-06-2010 - ultra deep gulf shelf drilling

Residents stunned by Encana pulling up stakes - Gas Drilling - The Times-Tribune

2010-12-06T04:13:00.000-08:00

Residents stunned by Encana pulling up stakes - Gas Drilling - The Times-Tribune

U.S. Shale Gas Inching Closer to Meeting Global Demand

2010-11-27T05:56:00.000-08:00

NGI report on existing LNG import facilities and overview developing export capacity

The gas boom: Be smart about what you see, hear - Opinion - Daily Review

2010-11-22T12:35:00.000-08:00

The gas boom: Be smart about what you see, hear - Opinion - Daily Review

Encana backs away from gas operations in Luzerne County, state - News - The Times-Tribune

2010-11-22T11:53:00.000-08:00

Local Water Well Driller offers insight into Marcellus shale drilling Process

2010-11-18T09:13:00.000-08:00

Local history on gas in well water.....

Newfield Doubles Marcellus Position with EOG Purchase

2010-11-17T07:04:00.000-08:00

Newfield Doubles Marcellus Position with EOG Purchase:

Newfield Exploration to buy assets in Marcellus Shale - News - Exploration & Development

2010-11-16T08:43:00.000-08:00

Newfield Exploration to buy assets in Marcellus Shale - News - Exploration & Development:

How many water supplies have been impacted by gas drilling? Pa. doesn't keep count - News - The Times-Tribune

2010-11-16T08:14:00.000-08:00

How many water supplies have been impacted by gas drilling? Pa. doesn't keep count - News - The Times-Tribune

Shale Gas Drilling: Pros & Cons - 60 Minutes - CBS News

2010-11-16T08:01:00.000-08:00

Shale Gas Drilling: Pros & Cons - 60 Minutes - CBS News: