An excellent article appearing on the World Oil Magazine website explores an interesting phenomenon at work in the Marcellus/Utica. The article is wide-ranging and provides an update on the activities and strategies for many of our region’s top producers. But the beginning of the article is what really caught our attention. The author states that there is a shift happening away from drilling in the liquids-rich (i.e. areas with a higher concentration of natural gas liquids, like ethane, propane and others) to the “core” dry gas areas of the Marcellus/Utica. He quotes Rice Energy CEO Dan Rice in saying, “…there has been a noticeable shift in producer activity away from liquids-rich and non-core dry gas Marcellus and Utica areas, and into the Marcellus and Utica’s dry gas cores.” We have to confess that’s the first time we’d heard that. We thought it was the reverse–that there was more drilling headed to the wet gas areas. Huh. Here’s more from the article…
